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.
The rupee today extended its gains against the US dollar for the third day in a row when it settled 18 paise to close at 75.36.
Firm domestic equities, weak American dollar and foreign fund inflows lifted the rupee, a day after Moody's downgraded India's credit rating to a notch above junk status on growth concerns.
In comparison, the rupee had settled at 75.54 in the previous session. Today the rupee opened lower at 75.57 at the interbank foreign exchange market and moved between 75.62 and 75.36 during the day.
Prime Minister Narendra Modi today asserted that the country will get back its economic growth, saying that reforms undertaken during the lockdown will help the economy in the long-run.