The Maldives is currently discussing with India if the island nation can make payments for its imports from the country in Maldivian Rufiyaa, a senior minister has said. A similar arrangement is also being worked out for imports of goods from China, Minister for Economic Development Mohamed Saeed said and noted that annually, Maldives imports goods worth USD 780 million and USD 720 million from India and China respectively.

The government on Saturday said the payment mechanism for traders importing pulses from Myanmar has been eased and simplified. The importers have been asked to utilize Rupee/ Kyat direct payment system using Special Rupee Vostro Account (SRVA) through Punjab National Bank, the consumer affairs ministry said in a statement.

Wheat procurement by the Food Corporation of India (FCI) for the Centre’s buffer stocks has reached 1.44 million tonnes (mt) - 41 per cent higher than 1.03 mt in the year-ago period. However, this year procurement began on March 13, starting from Rajasthan. Though the Government has set a target to buy 37.29 mt in the marketing year beginning April 1, officials have said that the 'realistic' procurement may be 31-32 mt.

The seventh round of negotiations for the India-Peru Trade Agreement took place in New Delhi, India from April 8 to April 11, 2024. The discussions involved understanding priorities and concerns of each other and ensuring that the negotiations are rooted in mutual respect and benefit.