Economy News ( English version)

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  • Open to import of Venezuelan oil based on viability: MEA February 5, 2026
    India prioritizes energy security for its vast population. The government's strategy focuses on diversifying energy sources based on market conditions and global dynamics. India maintains open options for crude oil imports from Venezuela and other regions, considering commercial viability. Energy engagement with Venezuela has a long history, with crude […]
  • Import norms eased for certified foreign vehicles February 5, 2026
    India is easing import rules for foreign vehicles. A select number of certified cars and motorcycles can now enter without prototype testing. This move aims to simplify imports, especially for European models, following a trade deal. Importers will need compliance certificates. Specific emission reports are also required for certain vehicles.
  • Spending capacity of ministries in focus as fund offtake falters February 5, 2026
    Indian govt spending: To be sure, most of these savings have been redeployed in other programmes, and the central government's overall expenditure for the current fiscal is just ₹1 lakh crore lower than the initial target of ₹50.65 lakh crore.
  • Stockholding limit withdrawn on wheat on sufficient supply February 5, 2026
    In May 2025, the Centre had imposed limits on wheat stocks that wholesalers, retailers and processors can keep with them. The move was aimed at preventing hoarding and controlling prices.
  • Projects worth ₹31,000 crore to be funded mainly via green bonds in FY27 February 5, 2026
    India green bonds: The Centre will decide the precise amount of the sovereign green bond float in financial year 2027 in March when it finalises its borrowing plan for the next fiscal, but usually the project pipeline is readied for such funding well before.

 

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