Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Efforts ramped up for OVL's $580-mn Venezuela dues
Financial Express Delhi
|January 28, 2026
AMID SHIFTING GEOPOLITICAL equations following the recent US intervention in Venezuela, India has stepped up efforts to unlock nearly $580 million in stalled dividends of ONGC Videsh, underscoring the growing interplay between sanctions policy and India’s overseas energy investments, according to people familiar with the matter.
Along these lines, India is carrying out diplomatic engagement with Washington and Caracas.
This story is from the January 28, 2026 edition of Financial Express Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Delhi
Financial Express Delhi
Financial sector needs more tax clarity
LTCG, STCG & STT in India
2 mins
January 28, 2026
Financial Express Delhi
Vedanta to sell up to 1.59% in HZL for ₹4,590 cr
OIL-TO-METALS CONGLOMERATE
1 min
January 28, 2026
Financial Express Delhi
Venezuelan crude may re-enter Indian basket
INDIA COULD AGAIN see Venezuelan crude flows in the range of 100,000-150,000 barrels per day, even as Russian crude imports remain lower and West Asian grades continue to fill supply gaps, according to industry experts speaking on the sidelines of India Energy Week 2026.
1 min
January 28, 2026
Financial Express Delhi
Adani, Embraer sign pact to make aircraft in India
ADANI GROUP ON Tuesday announced a strategic partnership with Brazil's Embraer to set up a regional aircraft manufacturing facility in India, marking a significant expansion of the group's
1 min
January 28, 2026
Financial Express Delhi
Efforts ramped up for OVL's $580-mn Venezuela dues
AMID SHIFTING GEOPOLITICAL equations following the recent US intervention in Venezuela, India has stepped up efforts to unlock nearly $580 million in stalled dividends of ONGC Videsh, underscoring the growing interplay between sanctions policy and India’s overseas energy investments, according to people familiar with the matter.
1 min
January 28, 2026
Financial Express Delhi
India-EU trade deal: No immediate relief for steel firms seen
Imports partially exempt from duties on quota basis
2 mins
January 28, 2026
Financial Express Delhi
Households spend 25% of total wallet share on buying insurance
RISING RISK AWARENESS and protection-led spendings have seen insurance emerge as one of the biggest priorities for Indian households.
2 mins
January 28, 2026
Financial Express Delhi
$500-bn opportunities in energy sector: Modi
HE SAID OVER 170 exploration blocks have already been awarded, and the Andaman and Nicobar basin is emerging as the next hydrocarbon hope.
1 min
January 28, 2026
Financial Express Delhi
Limited gains for luxury cars
THE INDIA-EUROPEAN UNION free trade agreement (FTA) is unlikely to immediately bring down prices of most luxury cars, as the structure of the deal protects the domestic auto industry while offering limited concessions to high-end imported models.
1 min
January 28, 2026
Financial Express Delhi
FTA opens window for base metal exports
THE FREE TRADE agreement (FTA) between India and the European Union (EU) is expected to marka shift in base metals trade froma pre-FTA tariff-bound regime toa post-FTA market-access framework, influencing exports of steel, aluminium, nickel, zinc and leadintoablocthataccounts for nearly 25% of global GDP and about one-third of global trade.
1 mins
January 28, 2026
Listen
Translate
Change font size