Thursday, May 14, 2026 | 01:23 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Narendra Modi

Odisha CM Mohan Majhi halves convoy, urges citizens to use public transport

Move follows PM Modi's appeal for fuel conservation and restrained consumption amid West Asia crisis

Odisha CM Mohan Majhi halves convoy, urges citizens to use public transport
Updated On : 13 May 2026 | 11:23 PM IST

India-UAE to sign LPG, strategic petroleum reserves pacts during PM's visit

Agreements on energy cooperation, green technology and strategic oil reserves are expected during Prime Minister Narendra Modi's visit to the UAE

India-UAE to sign LPG, strategic petroleum reserves pacts during PM's visit
Updated On : 13 May 2026 | 10:17 PM IST

After PM Modi's call, ministers, NDA chief ministers cut convoy size

Government says Prime Minister Narendra Modi's appeal focuses on prudent fuel use and reducing import dependence, not fiscal tightening or spending cuts

After PM Modi's call, ministers, NDA chief ministers cut convoy size
Updated On : 13 May 2026 | 10:00 PM IST

NITI Aayog cancels all in-person events amid PM Modi's austerity push

NITI Aayog's administration division reportedly instructed programme directors and division heads to suspend all scheduled in-person events

NITI Aayog cancels all in-person events amid PM Modi's austerity push
Updated On : 13 May 2026 | 1:08 PM IST

PM Modi significantly reduces convoy size days after appeal for austerity

Prime Minister Narendra Modi has significantly reduced his convoy size, days after he made an appeal for austerity and urged the citizens to curb the use of fuel-driven vehicles. A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said. The reduction was done while maintaining essential security components as per SPG protocol. Modi's convoy size was cut in Gujarat and Assam, immediately after his speech in Hyderabad. Sources said the prime minister also asked for electric vehicles to be included in his convoy, where possible, without making new purchases. Amid the crisis in West Asia, Modi on Sunday made a push for austerity while addressing a rally organised by the Telangana BJP in Hyderabad. The prime minister suggested reducing petrol and diesel consumption, using metro rail services in cities, carpooling, increased use of electric vehicles, utilising railway services for parcel movement, and working from home to conserve

PM Modi significantly reduces convoy size days after appeal for austerity
Updated On : 13 May 2026 | 9:40 AM IST

Best of BS Opinion: PM Modi issues a fiscal call to arms

From Modi's austerity appeal and India's learning crisis to geopolitical trade shifts, AI accountability and public health reforms - here are today's key Opinion takeaways

Best of BS Opinion: PM Modi issues a fiscal call to arms
Updated On : 13 May 2026 | 6:15 AM IST

Hospitality chains upbeat about PM Modi's call for domestic travel

Hotel chains and industry bodies expect stronger domestic tourism demand after PM Modi urged citizens to avoid non-essential foreign travel

Hospitality chains upbeat about PM Modi's call for domestic travel
Updated On : 12 May 2026 | 11:14 PM IST

PM Modi's UAE visit to focus on energy security, Fujairah cooperation

Prime Minister Narendra Modi's UAE stopover will focus on energy cooperation and Fujairah as India seeks alternatives to the Strait of Hormuz route

PM Modi's UAE visit to focus on energy security, Fujairah cooperation
Updated On : 12 May 2026 | 9:04 PM IST

Can PM Modi’s work-from-home push help India save fuel | West Asia war | Oil crisis

Prime Minister Narendra Modi has urged citizens and businesses to adopt work-from-home and virtual meetings wherever possible to reduce fuel consumption amid ongoing geopolitical uncertainties. The mo

Image
Updated On : 12 May 2026 | 8:53 PM IST

India-Oman FTA likely to come into force from June 1, says Piyush Goyal

The free trade agreement (FTA) between India and Oman is expected to come into force from June 1, Commerce and Industry Minister Piyush Goyal said on Tuesday. The pact was signed in December 2025. "I have had a good meeting with Oman team today and most probably the Oman free trade agreement will come into effect from June 1, 2026," he told reporters here. The Oman team is here to discuss ways to boost trade and investments. The agreement will provide duty-free access to 98 per cent of India's exports, including textiles, agri, and leather goods in Oman. On the other hand, India will reduce tariffs on Omanese products such as dates, marbles and petrochemical items. When asked about his meeting with the Chilean foreign minister here, Goyal said there are challenges given the different size of the economies and different scale of opportunities that both countries offer to each other. "We are trying to bridge that gap through innovative solutions. "If we get a good deal around crit

India-Oman FTA likely to come into force from June 1, says Piyush Goyal
Updated On : 12 May 2026 | 5:39 PM IST

Kejriwal questions PM Modi over austerity appeal, cites economy concerns

AAP national convener Arvind Kejriwal on Tuesday questioned Prime Minister Narendra Modi over austerity measures he has asked people to follow and said he needs to tell people about the condition of the country's economy. Addressing a press conference, Kejriwal said the country has passed through crises, including wars, in the past, but no prime minister before Modi announced seven most stringent steps, requesting people to follow them. He also said the obvious reason behind the austerity measures suggested by Modi was the ongoing war between America and Iran, but "there could be some other reason behind the slipping economy of the country". The former Delhi chief minister also questioned why all the austerity measures were targeted at the middle class and why the prime minister himself, ministers, officers and ultra rich of the country should not have to make the sacrifices. The prime minister recently appealed to people to limit their purchase of gold, foreign travel and use of .

Kejriwal questions PM Modi over austerity appeal, cites economy concerns
Updated On : 12 May 2026 | 2:30 PM IST

Gold curbs to IMF loans: How India protected its forex reserves in past

PM Modi's austerity appeal recalls how India used gold curbs, NRI deposits, bonds, and IMF loans to protect forex reserves in past crises

Gold curbs to IMF loans: How India protected its forex reserves in past
Updated On : 12 May 2026 | 1:25 PM IST

Have the markets overreacted to PM's austerity appeal? Experts decode

Experts believe the markets, which were already nervous owing to the West Asia war, may have overreacted to PM Modi's appeal for austerity measures given the sharp fall seen in the last two days.

Have the markets overreacted to PM's austerity appeal? Experts decode
Updated On : 12 May 2026 | 12:05 PM IST

PM Modi has held up a mirror to the country: Nilesh Shah, Kotak AMC

At the moment, markets are driven far more by global developments than domestic factors, Shah said. The biggest concern globally, he feels, is energy supply and energy prices.

PM Modi has held up a mirror to the country: Nilesh Shah, Kotak AMC
Updated On : 12 May 2026 | 12:02 PM IST

Gold imports in focus as PM Modi calls for austerity amid West Asia crisis

As Prime Minister Narendra Modi has appealed for austerity measures in view of the tensions in West Asia, India's rising gold imports are drawing attention. Emphasising that the Centre is trying to shield people from the adverse impact of the conflict in West Asia, Modi on Sunday called for judicious use of fuel, postponement of gold purchases and foreign travel, among other measures, to strengthen the economy. Here are a few questions and answers to understand gold imports in India. IMPORT DATA: India's gold imports rose over 24 per cent to an all time high of USD 71.98 billion in 2025-26. It was USD 58 billion in 2024-25, USD 45.54 billion in 2023-24, USD 35 billion in 2022-23, USD 46.14 billion in 2021-22, USD 34.62 billion in 2020-21, and USD 28.2 billion in 2019-20. In volume terms, however, it dipped 4.76 per cent to 721.03 tonnes in 2025-26 from 757.09 tonnes in 2024-25. It was 795.2 tonnes in 2023-24 and 678.3 tonnes in 2022-23. India is the world's second-biggest gold ..

Gold imports in focus as PM Modi calls for austerity amid West Asia crisis
Updated On : 12 May 2026 | 11:12 AM IST

Nations brace for long-term economic woes as Trump rejects Iran's proposal

President Trump said the fragile cease-fire was on 'life support,' and India's leader urged residents to cut back on purchases and travel

Nations brace for long-term economic woes as Trump rejects Iran's proposal
Updated On : 12 May 2026 | 8:22 AM IST
'Need to play our part': India Inc backs PM's call, but cautious on WFH
Updated On : 11 May 2026 | 11:27 PM IST

PM Modi cites Pokhran, says no power in the world can make India bow down

On National Technology Day, Prime Minister Narendra Modi on Sunday remembered the 1998 Pokhran nuclear tests and said India is emerging as a global leader in different aspects of technology. National Technology Day commemorates the momentous events of May 11, 1998, when India conducted successful nuclear tests under Operation Shakti and saw the maiden flight of the indigenously-developed Hansa-3 aircraft. In recognition of these achievements, then prime minister Atal Bihari Vajpayee had declared May 11 as National Technology Day. "Best wishes on National Technology Day! This is a day to express pride and gratitude to our scientists and remember the 1998 Pokhran tests. They were a landmark event in our nation's growth trajectory, especially in our quest towards self-reliance," Modi said in a post on X. "Powered by our people, India is emerging as a global leader in different aspects of technology, be it space, AI, digital innovation, green technology and more," he said. Modi reaffi

PM Modi cites Pokhran, says no power in the world can make India bow down
Updated On : 11 May 2026 | 10:35 PM IST

PM Modi's UAE visit to focus on energy ties amid West Asia conflict

PM Narendra Modi's UAE stopover during his Europe tour will centre on energy security, trade and investment ties amid disruptions caused by the West Asia conflict

PM Modi's UAE visit to focus on energy ties amid West Asia conflict
Updated On : 11 May 2026 | 10:33 PM IST

Jewellery, travel stocks slide after PM urges curbs on imports, spending

Shares of jewellery, travel and hospitality firms fell after Prime Minister Narendra Modi urged restraint in gold purchases and foreign travel amid forex pressures

Jewellery, travel stocks slide after PM urges curbs on imports, spending
Updated On : 11 May 2026 | 10:22 PM IST