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Efforts ramped up for OVL's $580-mn Venezuela dues

Financial Express Chandigarh

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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.

- SAURAV ANAND

Along these lines, India is carrying out diplomatic engagement with Washington and Caracas.

MÁS HISTORIAS DE Financial Express Chandigarh

Financial Express Chandigarh

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.

time to read

1 min

January 28, 2026

Financial Express Chandigarh

EVs overtake petrol cars in EU sales for first time

SALES OF FULLY electric cars overtook those of petrol vehicles in the European Union (EU) for the first time in December,even as policymakers proposed to loosen emissions regulations, data from the auto industry group ACEA showed on Tuesday.

time to read

1 min

January 28, 2026

Financial Express Chandigarh

Redefining India’s global economic position

The India-EU FTA is outcome-oriented. Once implemented, it will deliver gains across industry, services, MSMEs, investors, consumers, and professionals alike

time to read

3 mins

January 28, 2026

Financial Express Chandigarh

Several Budget schemes remain stuck on paper

LUKEWARM RESPONSE TO SOME OTHERS

time to read

2 mins

January 28, 2026

Financial Express Chandigarh

Level playing field for leather and footwear

Textiles sector, hit by US levy, sees $11-bn boost

time to read

1 mins

January 28, 2026

Financial Express Chandigarh

India, Canada reboot energy ties; eye LNG, crude and refined fuels

INDIA AND CANADA on Tuesday agreed to broaden bilateral energy trade, with discussions covering the supply of Canadian LNG, LPG and crude oil to India, and exports of refined petroleum products from India to Canada.

time to read

2 mins

January 28, 2026

Financial Express Chandigarh

Tailor-made to cushion Trump tariff

Textiles sector, hit by US levy, sees $11-bn boost

time to read

2 mins

January 28, 2026

Financial Express Chandigarh

The ‘mother’ of all deals

WHILE NEITHER COMPROMISED ON ECONOMIC SECURITIES BOTH SIDES WERE DETERMINED TO REACH AGREEMENT

time to read

4 mins

January 28, 2026

Financial Express Chandigarh

States’ capex likely grows 16% till Dec

STATES' CAPITAL EXPENDITURE showed a clear acceleration in April-December of the current financial year after a relatively flat phase last year.

time to read

1 min

January 28, 2026

Financial Express Chandigarh

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

time to read

1 min

January 28, 2026

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