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Last updated: 05 Jan, 2026  
 Global Business
venezuela1.jpg
Venezuela has largest oil reserves but production remains poor; Indian OMCs to benefit
IANS | 05 Jan, 2026
Venezuela has the largest proven oil reserves in the world but lack of expertise, under-investment, political interference, mis-management, corruption and sanctions have paralysed the exploitation of its oil reserves, a report showed on Monday.
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» India, Chile aim for timely conclusion of CEPA negotiations
» S. Korea's exports rise 8.4 pc to $61 billion in Nov
» Foreign currency deposits in S. Korea post biggest drop in nearly 2 yrs in Oct
» Piyush Goyal’s Israel visit bolsters bilateral economic ties
» S. Korean govt to launch AI-powered platform for farm products in 2026
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      Headlines
trump1.jpg Trump's trade policies 'disaster': US media
IANS | 29 Dec, 2025
The Southern California News Group (SCNG) published an editorial titled "$12 billion payout to farmers is a tariff-based disaster," saying a bailout announced earlier this month underscored the failure of the Trump administration's trade policies. 
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skorea3.jpg S. Korea to offer tax benefits to retail investors investing back home
IANS | 24 Dec, 2025
The finance ministry here on Wednesday announced a package of tax benefits aimed at revitalising the domestic capital market, including a new incentive program for retail investors who sell overseas stocks and reinvest the proceeds in domestic assets. 
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ai-2.jpg South Korea discusses AI, energy partnership with UAE
IANS | 18 Dec, 2025
South Korean Industry Minister Kim Jung-kwan met with his United Arab Emirates (UAE) counterpart on Thursday to discuss expanding cooperation in the artificial intelligence (AI) and energy sectors, Kim's office said. 
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india-us.jpg Indian American community leader calls for tariff reversal to bolster India–US relations
IANS | 15 Dec, 2025
Eminent Indian American physician and community leader Dr Bharat Barai warned that India–US relations could remain strained for the foreseeable future unless Washington reverses recent tariff measures, arguing that New Delhi has been unfairly singled out amid broader global trade and energy dynamics. 
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