Oil Not Well: Why ExxonMobil and others think Venezuela’s current environment is ‘uninvestable’ | Business

President Donald Trump speaks with Chief Executive Officer and Chairman of ExxonMobil Darren Woods, left, while Chairman, President and Chief Executive Officer of Marathon Petroleum Maryann Mannen, right, and Tallgrass Energy President and Chief Executive Officer Matt Sheehy, far right, look on during a meeting with oil executives in the East Room of the White…

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Infra push: Andhra Pradesh Cabinet clears Dagadarthi greenfield airport in Nellore; to become state’s 8th airport

The Andhra Pradesh Cabinet has approved the Dagadarthi greenfield airport project in Nellore district, giving a major push to the state’s aviation and industrial infrastructure, PTI reported citing officials.With this approval, Dagadarthi will become Andhra Pradesh’s eighth airport, strengthening the state’s plans to build a multimodal logistics and industrial network, they added.Strategically located, the proposed…

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Digital payments push: PhonePe PG rolls out ‘Bolt’ for Visa, Mastercard cards; enables one-click in-app checkout

PhonePe Payment Gateway on Saturday launched ‘PhonePe PG Bolt’ for Visa and Mastercard credit and debit card transactions, aiming to offer a faster and more secure in-app checkout experience for users and merchants, PTI reported.The solution uses device tokenisation to enable secure payments within apps for users on the PhonePe platform as well as merchant…

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‘Both side worked to narrow divergences’: India, EU push officials to fast-track FTA negotiations; here’s what commerce ministry said

India and the European Union have asked their officials to resolve outstanding issues and accelerate negotiations to finalise the proposed free trade agreement, according to an official statement issued on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic met in Brussels to review the status…

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India-EU FTA: Piyush Goyal wraps up Brussels visit; talks focused on expediting agreement

India and the European Union moved their proposed Free Trade Agreement discussions forward during Union commerce and industry minister Piyush Goyal’s two-day visit to Brussels, which ended on January 9.Goyal was in the Belgian capital on January 8 and 9, where he held multiple high-level meetings with EU Commissioner for Trade and Economic Security Maros…

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India office leasing touches record 86.4 mn sq ft in 2025: Knight Frank

India’s office real estate market posted its strongest performance on record in 2025, with annual gross leasing touching an all-time high of 86.4 million square feet, according to Knight Frank India’s latest India Real Estate – Office and Residential Market (H2 2025) report.Leasing activity rose 20% year-on-year, surpassing the previous peak achieved in 2024 and…

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Long-term planning driving India’s energy readiness, says Hardeep Puri

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlighted that the government’s long-term energy planning is translating into tangible benefits for citizens, stating that the real test of policy lies in how seamlessly it supports daily life rather than in announcements alone.In a post on the social media platform X, the minister noted…

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US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters.In an interview, Bessent said he doubted the court would…

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Trump’s 500% tariff pressure & global crude supply shock risks: Where does India’s oil security stand?

Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…

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US 500% tariff threat: Garment exporters will ‘have to take risk’; traders brace for next shock

As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…

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