Nupur Acharya Ronojoy Mazumdar Ishika Mookerjee Bloomberg

In India it's been a wave of YouTube influencers as well as a host of private stock-tipping social media chat groups that have drawn millions of day traders into discount brokers like Zerodha Broking Ltd, Angel Broking Ltd and SoftBank Group-backed Paytm's broker app.

Finance Minister Nirmala Sitharaman offered $72 billion in credit lines to small businesses and power distributors on Wednesday, as part of a package totaling $265 billion to restart the economy cratered by the pandemic.

In India it's been a wave of YouTube influencers as well as a host of private stock-tipping social media chat groups that have drawn millions of day traders into discount brokers like Zerodha Broking Ltd, Angel Broking Ltd and SoftBank Group-backed Paytm's broker app.

Finance Minister Nirmala Sitharaman offered $72 billion in credit lines to small businesses and power distributors on Wednesday, as part of a package totaling $265 billion to restart the economy cratered by the pandemic.