Turkey election: Erdogan wins second term as president
Ankara, June 25 : Turkey's long-standing leader Recep Tayyip Erdogan has won the country's presidential poll in the first round, the election authority chief has said.
Sadi Guven said the president "received the absolute majority of all valid votes", but gave no further details, BBC reported on Monday.
Turkish media reports put Erdogan on 53 per cent with 99 per cent of votes counted, and his closest rival Muharrem Ince on 31 per cent.
The opposition is yet to officially concede but said it would continue its democratic fight "whatever the result".
It had earlier cast doubt on results being broadcast by state media. Final results will be announced on Friday.
Erdogan said the governing alliance of his AK Party had secured a majority in parliament. "Turkey has given a lesson in democracy to the entire world," he said.
Under Turkey's new constitution, due to come into force after the election, the president will hold considerable power.
Some critics argue the enhanced role will see too much power accumulated in one person's hands, and that Turkey lacks the checks and balances of other executive presidencies such as France or the US.
With 96 per cent of the votes for parliament counted, the president's AK Party leads with 42 per cent of the votes, Anadolu news agency reports. The main opposition CHP is on 23 per cent.
Turkey's electoral board confirmed that the pro-Kurdish HDP has reached the 10 per cent threshold needed to enter parliament. Before the vote, analysts said this might make it harder for Erdogan's party and its ally the MHP to reach a majority, although currently they are on course to do so.
Voter turnout was high, at almost 87 per cent.
"I hope nobody will try to cast a shadow on the results," Erdogan said.
There are reports that CHP presidential candidate Ince has admitted defeat in a message to a journalist, though this has not been confirmed.
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Modi urges industry to ramp up investment, prioritise research to scale up manufacturing
New Delhi (PTI): Prime Minister Narendra Modi on Tuesday urged industry leaders to step up investments, embrace emerging technologies and prioritise research to help India Inc fully leverage the vast opportunities offered by free trade agreements with various nations.
"The days of cutting corners in research are over. We must now make substantial investments in research and development and ensure that our products meet global quality standards. Now we have got opportunities to move forward, so we should have only one mantra - Quality, Quality, Quality," he said while addressing a second webinar on Budget 2026-27.
Stressing that India has entered into free trade agreements with numerous countries, he said, these agreements have opened up a wide range of opportunities for the country.
"In such a situation, he said, "our responsibility is that we should never compromise on quality."
Today, the world is seeking reliable and resilient manufacturing partners, he said, adding that India has a strong opportunity to fulfil this role.
"Our direction is clear. Our resolve is clear. Build more, produce more, connect more, and now the need is to export more," he said.
Pointing out that a significant transformation is currently underway in the global economy, he said that markets are no longer focused solely on cost; sustainability has become an equally important consideration.
"The Carbon Capture, Utilization, and Storage Mission is a key initiative driving this shift. Incorporating sustainability into core business strategies is now essential. Industries that invest early in clean technologies will gain better access to emerging markets in the years ahead," he said.
Highlighting the importance of infrastructure and logistics, he said, they serve as fundamental pillars of our growth strategy.
This year's budget proposes a record level of capital expenditure to support these priorities, he said.
As India emerges as a beacon of hope for the world thanks to its robust economy, and as global supply chains undergo transformation, the prime minister said, rapid economic development has become the cornerstone for realising the vision of Viksit Bharat.
