Prime Minister Narendra Modi will chair a high-level meeting on Saturday to take stock of the country’s macroeconomic situation, against the backdrop of a falling rupee and rising petrol and diesel prices.
Finance Minister Arun Jaitley, Secretary Hasmukh Adhia and other senior officials are expected to attend the meeting, during which a presentation will be given on the state of the economy, according to sources.
The rupee, which hit a fresh low of 72.91 against the dollar on Wednesday morning, recorded a sharp recovery after Economic Affairs Secretary Subhash Garg said the government and the Reserve Bank of India would