Budget 2026: Defence and Infrastructure Spending Likely to Test Fiscal Discipline
JANUARY 8 , 2026 (Ozi News Desk) : India’s Union Budget for FY2026–27 is expected to increase defence and capital expenditure as the government balances fiscal discipline with rising domestic and external pressures. While the Centre may aim for a 4.3% fiscal deficit, the actual gap could widen to around 4.6% due to higher spending […]
US Seizes Russian-Flagged Oil Tanker in North Atlantic Over Sanctions Violations
JANUARY 8 , 2026 (Ozi News Desk) : The U.S. military has seized the Russian-flagged oil tanker Marinera in the North Atlantic for allegedly violating American sanctions, after tracking it from the Caribbean. The vessel, formerly called Bella 1, was intercepted under a U.S. federal court warrant for sanctions breaches and is tied to efforts […]
India to steer BRICS in 2026 amid Trump-era turmoil
JANUARY 7 , 2026 (Ozi News Desk) : India has taken over the presidency of BRICS amid sweeping interventions by the Donald Trump administration that have major geopolitical implications spread across the globe. On December 12, Brazil formally transferred the group’s presidency to India at the BRICS sherpas’ meeting in Brasilia. Brasil’s sherpa, Ambassador Mauricio Lyrio, […]
US demanding Venezuela cut ties with Russia and China – ABC
JANUARY 7 , 2026 (Ozi News Desk) : The US has demanded that Venezuela cut economic ties with Russia, China, Iran, and Cuba if it wants to pump more oil, ABC News reported on Tuesday, citing three people familiar with the White House’s plan. US commandos abducted Venezuelan President Nicolas Maduro and his wife, Cilia […]
India Fast-Tracks 4 Chenab Hydropower Projects, Mounts Pressure On Pakistan’s Water Flows
JANUARY 6 , 2026 (Ozi News Desk) : India’s choke on Pakistan’s water lifeline is no longer a distant strategic idea. It is now taking concrete shape in the mountains of Jammu and Kashmir. In a clear signal of intent, the Centre has issued firm directions to fast-track four major hydropower projects on the Chenab […]
Venezuela’s acting president sends message to US
JANUARY 6 , 2026 (Ozi News Desk) : Venezuelan interim President Delcy Rodriguez has called on Washington to work with Caracas following a US raid in which President Nicolas Maduro was seized and taken out of the country. Rodriguez, who had served as vice president since 2018, assumed the role of interim president after Maduro […]
Trump explains how he wants to ‘run’ Venezuela
JANUARY 6 , 2026 (Ozi News Desk) : President Donald Trump has outlined his vision for Venezuela following the US military intervention, stating the country must first be restored to “law and order” and economic discipline before any future elections can be considered. In an interview with the New York Post on Sunday, Trump brushed […]
Maduro’s story is the latest chapter in Latin America’s struggle against empire
JANUARY 6 , 2026 (Ozi News Desk): Latin America’s history is not simply a chronicle of poverty or instability, as it is so often portrayed in Western discourse. It is, more fundamentally, a record of resistance – resistance to colonial domination, to foreign exploitation, and to local elites willing to trade their nations’ futures for […]
Tehran refutes claims made by Trump regarding a ceasefire between Israel and Iran.
New Delhi: US President Donald Trump took to social media to announce that Iran and Israel have reached an agreement for a phased ceasefire to take effect within 24 hours, asserting that both countries have consented to completely cease hostilities. However, this claim was promptly refuted by Iranian officials, who stated that no such proposal […]
Iran is responding to Israeli attack
Black smoke and fire were seen coming out of Tehran’s Mehrabad Airport on Saturday morning. News agency Reuters has reported in this regard. According to the report, two projectile missiles targeted the airport area. ISNA and other local media released footage of smoke, while Mehr News Agency confirmed an explosion in the area. According to […]