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 tank as FM Sitharaman’s stimulus disappoints
Indian markets plunged nearly 3.5% on Monday as disappointment over the stimulus package and soaring coronavirus infections prompted investors to dump stocks.
The BSE Sensex ended at 30,028.98, down 1,068.75 points, or 3.44%, while the 50-share index Nifty closed at 8,823.25, down 313.60 points, or 3.43%.
The India volatility index rose 7.58% to close at 40.90, reflecting renewed investor anxiety. After Prime Minister Narendra Modi announced on 12 May a ₹20-trillion stimulus package and the goal of national self-reliance, the government rolled out a series of measures addressing small businesses, migrant workers, the farm sector, and rural jobs, among others.
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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