Priyansh Verma

The committee is expected to look several aspects of the banking sector, including PSU bank merger, re-examining voting rights of foreign investors, FDI limits and governance issues

Prime Minister Narendra Modi on June 6 chaired a meeting with members of the PM-Economic Advisory Council (PM-EAC) to "discuss various ideas, and

Sanyal, however, noted that investment in R&D has to improve

On a possible package to ease the pain of the exporters, Sanyal noted that since the Middle East has been directly affected by the war, some exporters are paying a price for it, as for them it’s an important market. "If there’s some support required, we will provide it."

The official noted that the decline in gold imports will help contain the current account deficit – which is expected to widen sharply in FY27 largely due elevated crude oil prices.

Officials say that the concern is that UPI has scaled massively, but the cost of maintaining the infrastructure is also rising for banks and payment ecosystem players.

"We are in a better place in 2026, as compared to 2015 (last strong El Nino year). Irrigation channels are better. So, crop failures will be lesser this time," an official said.

PM Modi said India’s growth story continues to 'inspire the world'

The 56th Council meeting approved a simplified registration scheme for small suppliers supplying through electronic commerce operators.

Prime Minister Narendra Modi on Thursday asked every state to further strengthen the nation's resolve towards self-reliance, and highlighted the