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Oil an option to recoup $600 million from Venezuela dividend: ONGC Videsh

Indian refiners have resumed purchase of Venezuelan oil following the easing of US sanctions on the South American country last year

Vietnam's EV maker VinFast plans to set up battery plant in Tamil Nadu

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the sources said

Vedanta Resources' bondholders back company's debt restructuring plan

"The overwhelming consent to the revised terms will take immediate pressure (off) Vedanta to repay the debt obligation," Vedanta Resources said

Gujarat govt signs deals worth $86 billion ahead of investment summit

The home state of Prime Minister Narendra Modi has been signing these agreements ahead of its biennial Vibrant Gujarat Global Summit

India exports 8,606 tonnes of raw cane sugar to US under TRQ scheme

Shipments under the TRQ enjoy relatively lesser customs duties. After the quota is reached, a higher tariff applies to additional imports

India to use SpaceX's Falcon-9 rocket to launch communications satellite

The high-capacity satellite aims to boost India's broadband communication, especially in remote and unconnected regions of the country, state-run NewSpace India Ltd, said

Adani Ports to raise up to $601 million funds by selling debentures

Billionaire Gautam Adani was re-designated as executive director from managing director and his son Karan Adani was re-designated as managing director from CEO, the company added

Russian oil imports drop on pricing, not due to payment woes: Hardeep Puri

"There is no payment problem ... It is a pure function of the price at which our refineries will buy," Puri told a press conference

Denmark's Maersk continues to pause all cargo shipments through the Red Sea

The Houthi group, which controls parts of Yemen after years of war, in November started attacking international ships traversing the Red Sea, saying it was a response to Israel's assault on Gaza

Petronet to sign deal to extend Qatar LNG imports beyond 2028: Oil secy

Petronet has a 7.5-million metric ton per year (tpy) long-term LNG import deal with Qatar and its promoters Indian Oil Corp, Bharat Petroleum Corp and GAIL (India) Ltd has a 1 million tpy deal

Atos set to hold due diligence talks with Airbus on sale of BDS unit

An Airbus spokesperson confirmed in an e-mailed statement sent to Reuters that it has submitted a non-binding proposal for a potential acquisition of Atos' BDS business line

Japan earthquake: Survivors face freezing rain, threat of landslides

Authorities have confirmed 64 deaths so far, up from 55 late on Tuesday, making the earthquake the deadliest in Japan since at least 2016

Factory growth ends 2023 at 18-month low on weaker new orders, output

'Growth of both output and new orders softened, but on the other hand, the future output index rose since November'

India's Dec palm oil imports hit 4-month high as sun oil doubles-dealers

Higher purchases by the world's biggest importer of vegetable oils could help lower palm oil stocks in top producers Indonesia and Malaysia and support benchmark futures

No damage reported after latest Houthi attack in Red Sea, says US

Multiple commercial ships in the area reported the impact of the missiles in surrounding waters, CENTCOM added

Chinese official urges Taiwan's people to make 'correct choice' on election

China, which claims Taiwan as its own territory, has repeatedly cast the Jan. 13 presidential and parliamentary elections as a choice between war and peace

Record borrowing by states to widen spread over govt bond yield: Traders

Earlier in the day, states raised Rs 16,000 crore ($1.92 billion), the lowest for a weekly auction, via 10-year bonds at around 7.74 per cent

Fear, panic plague Opposition in Bangladesh ahead of Jan 7 elections

The United States, the biggest buyer of Bangladesh's garments, has condemned the violence, and curbed visas for citizens of the South Asian nation believed to have a role in undermining elections

Tesla deliveries beat estimates in Q4 as year-end sales push pays off

The automaker delivered a record number of vehicles in the fourth quarter and hit its 2023 target of 1.8 million, helped by increasing discounts on key models

China 2024 crude oil import quota up 60%; factory activity expands

The latest move marks a shift by Beijing, which has been releasing quotas in batches every few months since it opened up crude imports to independent refiners in late 2015