No immediate bailouts expected from friendly countries

Wide gap pushes govt to search for dollars amid reluctance to take tough decisions

Recommends drastic steps for curbing budget, current account deficits

This is highest rate recorded since Jan 2020

Requires Rs1.24tr in remaining two months to achieve revised annual target

Economy may grow 4% as it confronts inflation risks, external sector pressures

Ministry opposes brief extension, suggests new names for appointment as governor

Headed by PM, council planned to meet every week

Funds sought for providing security to Chinese who will be working on railway project

Govt wants to renegotiate terms of 2021 accord