Chief Economic Adviser V Anantha Nageswaran highlighted structural reforms in land, education, energy taxation, and agriculture as crucial for India’s medium-term growth. He noted that recent reforms have already boosted growth potential, with further progress dependent on addressing pending issues and improving education quality outcomes.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.