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Modi effect! Decisive BJP win good for India's economy, says Moody's
  The Narendra Modi-led BJP victory in the Lok Sabha elections will help India's profile in the corporate sector.

Ratings agency Moody's, in a report released on credit outlook on Monday, said the new government's strong mandate, which shows an overwhelming majority of 334 seats in the 543-member Lok Sabha, for the BJP-led National Democratic Alliance (NDA) improved the chances of a stable government, hence allowing it to address India's macroeconomic challenges.