In an exclusive interaction, Nirmala Sitharaman explains how the government handled the pandemic, and why she believes that India will be among the fastest growing economies in the years ahead.
The latest stimulus package announced by finance minister Nirmala Sitharaman shows a movement from the safety net approach to an investment and growth push.
Both the Sensex and the Nifty 50 stage more than 14% recovery. The Sensex market capitalisation is up by nearly ₹7.63 lakh crore with 13.48% monthly growth.
India is likely to recover faster than the rest of the world from the economic turmoil caused by Covid-19, with new opportunities presenting themselves, says Biocon chairperson.
The Narendra Modi government, which is nearing the first full year of its second term, finds itself facing the toughest tightrope walk: the balance between lives and livelihood.
Finance minister Nirmala Sitharaman relaxes regulatory and compliance norms for individuals and companies as the economy navigates a tough time caused by the Coronavirus outbreak.
Benchmark indices in India take cues from global markets which rallied on expectations of stimulus packages; the Sensex gained over 1,861 points and the Nifty 50 over 496 points over Tuesday’s close.