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The train from Jagdalpur to Bhubaneswar in the eastern state of Odisha, derailed at 11pm local time, killing 39.
But it is expected to regain its momentum, with growth rising to 7.6 per cent in 2018.
The PM also called for initiatives to help the poor, farmers, and small businesses.
Some 1,400 tourists were stranded on Neil and Havelock Islands after heavy rains hit on Monday.
The RBI's decision caught many off guard who had been hoping a cut in interest rates could bolster the economy.
This is the fifth such set of exercises under the Indra name.
The Indian Prime Minister has also called for stronger ties with Afghanistan.
Brazil's Temer and India's Modi are the most frequent Twitter users among BRICS leaders.
India's rupee hits a near-record low as the dollar strengthens against emerging countries' currencies.
This has been the worst railway disaster in 17 years.