Trump’s Venezuela oil revival plan is a $100 billion gamble, ETCFO

Realizing President Donald Trump’s plan for a US-led revival of Venezuela’s beleaguered oil industry could be a years-long and challenging process costing upwards of $100 billion. Years of corruption, underinvestment, fires and thefts have left the nation’s crude infrastructure in tatters. Rebuilding it enough to lift Venezuela’s output back to its peak levels of the 1970s […]

Trump’s Greenland Aspirations and Cuba’s Future Amidst Venezuelan Turmoil, ETCFO

WASHINGTON – A day after the audacious U.S. military operation in Venezuela, President Donald Trump on Sunday renewed his calls for an American takeover of the Danish territory of Greenland for the sake of U.S. security interests, while his top diplomat declared the communist government in Cuba is “in a lot of trouble.” The comments from […]

How US Sanctions Will Shape Venezuela’s Oil Production in 2026, ETCFO

Venezuela’s oil production outlook this ‍year will depend on how U.S. sanctions policy evolves, Goldman ⁠Sachs analysts said, after U.S. President Donald Trump deposed Venezuelan President Nicolas Maduro. The U.S. snatched Maduro from ‌Caracas at ‌the weekend and Trump said Washington would take control of ‌the oil-producing nation. “We see ambiguous but modest risks to oil […]

What It Means for Businesses, ETCFO

The India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to be implemented in the first half of 2026, marking a new era in partnership between the two nations, British Deputy High Commissioner Andrew Fleming said. Speaking to PTI, he described the pact as the most “comprehensive and ambitious” deal negotiated by both governments. He noted […]

Finance Ministry Recovers ₹4,200 Crore in Unclaimed Assets, ETCFO

The finance ministry Wednesday said that unclaimed financial assets amounting to approximately ₹4,200 crore have been resituated to their rightful owners through the nationwide campaign “Your Money, Your Right.” The three-month campaign ended in December 2025. In a statement, the finance ministry noted that during the campaign, camps were organised in 748 districts across the country […]

India Launches ₹25,060 Crore Export Promotion Mission to Support MSMEs, ETCFO

New Delhi: India on Wednesday launched the Market Access Support (MAS) intervention with an outlay of ₹4,531 crore for six years aimed at easing trade finance constraints, expanding global reach and supporting micro, small and medium enterprises (MSME), amid the country facing steep 50 per cent tariffs by the US. The country is also working on […]

A Game Changer for Growth, ETCFO

The finance ministry has notified the Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025, aligning them with the 100% foreign investment limit in the sector approved by Parliament in December 2025. In August 2025, the finance ministry had issued a draft notification seeking to replace the existing limit of 74% foreign investment “as stipulated by the […]

Centre plans Deregulation 2.0 with 30 new priority areas, ETCFO

Heading into 2026, the Centre is set to launch Deregulation 2.0 – identifying another 30 “priority areas” for major compliance reduction and deregulation across seven sectors and departments, ET has learnt. As per the latest plans drawn up by the Cabinet Secretariat for “Deregulation Phase II”, of these 30 areas, the maximum number will fall under […]