Indian shares surge on $266 bln stimulus boost

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BENGALURU — Indian shares soared on Wednesday, led by banking stocks, as investors cheered the government’s 20-trillion-rupee ($266 billion) stimulus package aimed at supporting an economy bruised by a strict weeks-long coronavirus lockdown. Prime Minister Narendra Modi said on Tuesday night the package was equivalent to roughly 10% of India’s gross domestic product and would […]

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