Arvind Panagariya seeks for dedicated privatisation ministry; says govt should revive PSU, bank disinvestment

Former Niti Aayog vice chairman Arvind Panagariya has called for reviving the government’s privatisation agenda for public sector undertakings (PSUs) and public sector banks (PSBs), arguing that disinvestment remains a key pillar of India’s economic reforms.In an interview with PTI, Panagariya also advocated the creation of an independent privatisation ministry to accelerate the government’s disinvestment…

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India’s exports rise 18% in May; trade deficit at $28.2 billion

India’s merchandise exports grew 18% year-on-year to $45.2 billion in May, while imports rose 20.62% to $73.41 billion, resulting in a trade deficit of $28.21 billion, according to commerce ministry data, reported PTI.The strong performance also lifted cumulative merchandise exports during April-May 2026-27 to $88.91 billion, up 16.09% from the corresponding period last year.Commerce Secretary…

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‘First step, not end of the story’: FM Sitharaman hints at more measures to attract foreign capital inflows

Sitharaman said the new measures were a beginning of a broader strategy to draw international capital back into India. Terming the recent measures to attract foreign capital as the “first step”, Finance minister Nirmala Sitharaman on Monday said that India is preparing for exigencies in wake of the ongoing geopolitical crisis and US-Iran conflict.Sitharaman described…

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US-Iran war impact: Wholesale inflation rises sharply to 9.68% in May; higher fuel, food, power prices weigh

Wholesale inflation accelerated as higher prices of fuel, power, manufactured goods and food items pushed up input costs across the economy. (AI image) US-Iran war impact: Reflecting the impact of the US-Iran conflict, the Wholesale Price Index (WPI) inflation for the month of May rose sharply to 9.68% from 8.26% in April. This is the…

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Stocks to buy: What’s the outlook for Nifty for June 15-June 19 week? Check list of top stock recommendations

Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has picked Karnataka Bank, Avalon Technologies as the stocks to buy in the June 15-June 19, 2026 week. Outlook on Nifty50 and Bank Nifty has also been shared:Karnataka Bank Karnataka Bank has displayed impressive resilience…

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