‘No panic or fear, our economy based on strong fundamentals’: Gourav Vallabh

IANS | May 15, 2026 11:21 AM

New Delhi, May 15 (IANS) Prof. Gourav Vallabh, a member of the Economic Advisory Council to the Prime Minister (EAC-PM), on Friday criticised opposition leaders for trying to sow confusion about the Prime Minister's appeal for fuel conservation, saying the measures must be seen in the context of ongoing global economic disruptions and geopolitical tensions.

Centre caps duty-free gold imports by exporters

IANS | May 14, 2026 9:11 PM

New Delhi, May 14 (IANS) The Centre has imposed a limit on duty-free gold imports under the advance-authorisation scheme for exporters at a maximum of 100 kg per licence in a move aimed at curbing diversion of imported gold into the domestic market to make a fast buck amid concerns over the soaring import bill, which is draining precious foreign exchange reserves.