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Finance Minister Nirmala Sitharaman Monday said that the government does not have any roadmap for mergers of certain public sector banks. However, the committee proposed in the Budget for 2026-27 (Apr-Mar) will look into the topic, she said. "I'm not familiar with any roadmap...there isn't one," Sitharaman said in a press conference after the board meeting of the Reserve Bank of India.
Bank consolidation was not a subject here, nor was it a subject before the Budget, but the Committee which is now being appointed, once the terms of reference are given they will look into every aspect of how

Gold futures contracts opened higher on the Multi Commodity Exchange on Monday due to global trade uncertainty and rising safe haven demand because of rising tensions between the US and Iran. The most-traded April gold futures contract opened at INR 158,458 per 10 grams, up 1% from the previous close of INR 156,876 per 10 grams.
Renewed global trade tensions and heightened economic uncertainty spurred safe-haven demand for the precious metal, analysts said. The US Supreme Court on Friday struck down many of US President Donald Trump's "reciprocal" tariffs, which were invoked based on the Int