IBT News Desk

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US takeover of oil-rich Venezuela reflects race for hard power: Uday Kotak

US takeover of oil-rich Venezuela reflects race for hard power: Uday Kotak

The veteran banker had pointed out in his year-end views that the world has become less tolerant of alternative points of view and has become more transient and transactional in relationships, with the dominance of hard power over soft power. He highlighted that the race between countries is getting more intense and less mindful of consequences. Jan 4, 2026
IAF commemorates 25th anniversary of Tejas LCA's first flight

IAF commemorates 25th anniversary of Tejas LCA's first flight

"On the 25th anniversary of Tejas LCA's historic first flight, #IAF reflects on enduring partnership in building this fighter. Congratulations to ADA's innovative scientists, HAL's skilled engineers, brave IAF & IN test pilots/engineers, and all IAF personnel who've championed self-reliance. Sky is the limit!" said the IAF in a post on social media. Jan 4, 2026
DGCA bans use of power banks for charging devices during flights

DGCA bans use of power banks for charging devices during flights

The Director General of Civil Aviation had earlier, in November, issued a Dangerous Goods Advisory Circular that allowed power banks and spare lithium batteries only in hand baggage. These items are strictly prohibited from being stored in overhead compartments, as fires in overhead bins are difficult to detect and control. Jan 4, 2026
India terms developments in Venezuela 'matter of concern', calls for addressing issues through dialogue

India terms developments in Venezuela 'matter of concern', calls for addressing issues through dialogue

India has expressed deep concern over the recent developments in Venezuela and said it is closely monitoring the situation. Reaffirming its support for the safety and well-being of the Venezuelan people, India has urged all parties to resolve issues peacefully through dialogue, while confirming that its embassy in Caracas is in touch with the Indian community and extending all possible assistance. Jan 4, 2026
Starlink fixes Rs 8,600 monthly tariff in India, promises 99.9 pc service uptime

Elon Musk announces free Starlink services for Venezuela

Musk shared the announcement on the social media platform X, saying the move was made "in support of the people of Venezuela."The Starlink network, which operates through a constellation of low-Earth orbit satellites, is expected to help maintain internet access during a period of political and security uncertainty. Jan 4, 2026
US charges Maduro with narco-terrorism, cocaine trafficking

US charges Maduro with narco-terrorism, cocaine trafficking

The indictment was made public by US Attorney General Pam Bondi and filed in the US District Court for the Southern District of New York. Prosecutors allege Maduro used state power to move massive quantities of cocaine toward the United States over more than two decades. Jan 4, 2026
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