Economy News ( English version)

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  • Rajasthan’s mega ₹2.72 lakh cr infra boom: 81 central projects to transform the state June 2, 2026
  • Venezuela's interim President Rodriguez to visit India as oil imports rise June 2, 2026
    Venezuela's interim President Delcy Rodriguez will travel to India on Wednesday for a five-day visit, the foreign ministry said, as New Delhi scales up crude imports from Caracas. Rodriguez will be accompanied by several ministers and will hold meetings with Prime Minister Narendra Modi, said foreign ministry spokesman Randhir Jaiswal.
  • India overhauls inflation framework with new Producer Price Index, revised WPI June 2, 2026
    India is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to align with global standards and better capture price trends. The revised WPI will cover more commodities and include renewable energy. New Producer Price Indices for goods and services will also be rolled out.
  • Extreme heat tests India's record milk production June 2, 2026
    India's booming dairy sector, a global leader, faces a significant threat from escalating heatwaves. Farmers like Neeraj Bharadwaj are witnessing premature births and reduced milk yields, forcing costly adaptations. While research into heat-resilient breeds and improved farm practices is underway, smallholders struggle to afford these changes, jeopardiz […]
  • Indian refiners shift to soyoil in May as palm oil loses price advantage June 2, 2026
    India's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below average. Refiners favored soyoil as its price advantage over palm oil narrowed. Cooking gas shortages also impacted palm oil demand from bulk consumers. Overall edible oil imports reached 1.3 million tons.

 

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