Economy News ( English version)

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  • India, Kenya discuss possibility of trade settlement in local currencies April 29, 2026
    India and Kenya are exploring trade settlements in their own currencies. Discussions also covered digital payment systems like UPI. A joint trade committee meeting in Nairobi focused on boosting bilateral commerce. An agreement was signed to exchange customs information. Bilateral trade saw a significant increase in the last fiscal year.
  • EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26 April 29, 2026
    Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 million claims in April 2026, with nearly 74% of PF advance claims processed in auto mode and 98.70% of total claims settled in less than 20 days, on the back of EPFO 3.0, a digital overhaul of the retirement fund body design […]
  • Argentina emerges as India's main supplier of edible oils April 29, 2026
    Argentina and India are forging stronger economic bonds, with India becoming Argentina's sixth-largest trade partner. Their collaboration is focused on ensuring food security and accessing essential minerals. Notably, Argentina is a major exporter of edible oils to India, enhancing the strategic partnership that was amplified in 2019. Additionally, Arge […]
  • Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector? April 29, 2026
    Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
  • SBI calls for structural measures to manage rupee depreciation, inflation risks and BoP deficit April 29, 2026
    India faces significant economic challenges. The rupee's depreciation is fueling imported inflation and straining the balance of payments. Experts warn of a widening current account deficit in the coming years. A structural policy response is crucial to control these risks and ensure price stability. Relying solely on currency movements is not a sustain […]

 

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