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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.
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Finance Minister Nirmala Sitharaman said Monday that gold demand in India has not reached alarming proportions. Gold demand and prices in India were capped at a level, she said at a press conference after addressing the central board of the Reserve Bank of India.
Gold has always been a favoured investment for households, whether as an asset class or for jewellery,” she said. “So, high-pitched demand for domestic consumption also sees a seasonal spike during festival season, during Akshay Tritiya and so on. We are watching it, but I am not sure it has reached such alarming proportions, given

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