Category: Economy
India, Kenya discuss possibility of trade settlement in local currencies
New Delhi, India and Kenya have discussed the possibility of settling trade transactions in local currencies to further promote two-way commerce, an official statement said…
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26
The ministry of labour and employment is considering raising the minimum pension under the Employees’ Pension Scheme (EPS-95) beyond Rs 1000 a month, a decision…
Argentina emerges as India’s main supplier of edible oils
Argentine Ambassador to India Mariano Caucino has stated that “Argentina and India enjoy a very elevated degree of complementarity” and pointed out that India has…
Neo Alternative Asset Managers hits ₹1,500 crore first close for ₹5,000 crore Infra Income Fund II
Bengaluru: Neo Alternative Asset Managers Pvt Ltd (NAAM), formerly Neo Asset Management, on Wednesday announced the first close of its Neo Infra Income Opportunities Fund…
Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?
Last week the government raised its wheat procurement target by 15% to 34.5 million tonnes (MT) and approved an additional 2.5 MT of exports to…
SBI calls for structural measures to manage rupee depreciation, inflation risks and BoP deficit
New Delhi: India needs a comprehensive and structural policy response to manage rising risks from rupee depreciation, imported inflation and a widening balance of payments…
Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB Report
New Delhi: India is expected to withstand global economic shocks despite rising uncertainty due to its strong macroeconomic fundamentals, according to a report by Bank…
Downside growth risks outweigh inflation concerns, RBI likely to hold rates this fiscal: Crisil
New Delhi [India]: The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to maintain current policy rates through the fiscal year as concerns…
India extends financial support to Maldives under SAARC
New Delhi: India has approved a ₹3,000-cr currency swap for the Maldives under the South Asian Association for Regional Cooperation (SAARC) framework to support the…
Financial inclusion 2.0 road map set for review this week
New Delhi: The finance ministry will review the progress of financial inclusion with banks and stakeholders this week as it firms up the roadmap for…