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 […]

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 […]

Markets settle with modest gains in highly volatile trade

Mumbai, November 22 Equity benchmarks Sensex and Nifty eked out marginal gains to settle in the positive zone after a highly volatile trade on Wednesday, helped by buying in index majors Infosys, ITC and Reliance Industries. However, foreign fund outflows from the equity market restricted the upmove in stocks, traders said. In a choppy session, […]

Stock markets recover after 2-day decline; banking, metal shares shine

Mumbai, November 21 Benchmark stock indices rebounded on Tuesday after two days of decline following buying in metal, banking and energy shares and a bullish trend in the US markets. The 30-share BSE Sensex climbed 275.62 points or 0.42 per cent to settle at 65,930.77. During the day, it jumped 427.21 points or 0.65 per […]