Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.
Markets may rally on govt's economic booster package
Indian stock markets are expected to rise on Wednesday, riding on the economic stimulus package announced by Prime Minister Narendra Modi last night.
Rally in SGX Nifty indicate that Indian benchmark indices may see a strong opening. Modi on Tuesday announced a ₹20 trillion ($265 billion) stimulus package which is about 10% of gross domestic product (GDP) to soften the devastating fallout of covid-19 lockdown across the country.
The Union finance ministry on Tuesday said that public sector banks (PSBs) sanctioned ₹5.95 trillion in loans to small businesses, retail, agriculture and corporate sectors between 1 March and 8 May.
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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