Narendra Modi’s position as prime minister remains firmly entrenched following his third consecutive term that began in June 2024, with the Bharatiya Janata Party-led National Democratic Alliance securing enough seats to form the government despite falling short of a standalone majority. Traders’ strong preference for the “No” outcome at 91.2 percent reflects the absence of any credible internal party challenge or official signals of an early exit, even after Modi turned 75 in September 2025 and ongoing rumors about retirement norms were dismissed by senior BJP and RSS figures. He continues to lead policy initiatives, campaign for upcoming state elections such as those in West Bengal, and address economic pressures through public statements on austerity and growth. By late 2026 Modi will be only midway through his current five-year mandate, with the next general election not due until 2029, leaving little structural or political pressure for a leadership change within the resolution window.