Revival of Venezuela's oil sector may help ONGC recover its stuck dividend

IANS | January 6, 2026 3:01 PM

New Delhi, Jan 6 (IANS) Any increase in the production of oil from Venezuela by US companies has the potential of lowering crude prices in the international market, benefiting all countries, including India. However, analysts are of the view that there is still too much geopolitical uncertainty in the region for large investments to pour into the Latin American country.

China concerned about significant economic interests in Venezuela after US action: Report

IANS | January 6, 2026 2:37 PM

New Delhi, Jan 6 (IANS) The US capture of Venezuelan President Nicolas Maduro has raised questions about how the resulting political instability could affect China’s significant economic interests there, as it is Venezuela's largest creditor and, by far, its largest buyer of oil, accounting for more than 80 per cent of crude exports, according to a new report.

Number of poor getting subsidised LPG under PMUY scheme touches 10.41 crore

IANS | January 6, 2026 2:15 PM

New Delhi, Jan 6 (IANS) Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday that as many as 10.41 crore LPG connections have already been provided for the supply of subsidised cooking gas to poor families under the Pradhan Mantri Ujjwala Yojana as the government steadily progresses to achieve its target of covering 10.6 crore families under the scheme.