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Sensex, Nifty log losses for 2nd day on geopolitical concerns, renewed US tariff hike threats

Mumbai, Jan 6 (PTI) Equity benchmark indices Sensex and Nifty declined for the second consecutive day on Tuesday, tracking intense selling pressure in market heavyweights Reliance Industries and HDFC Bank amid geopolitical tensions and renewed concerns about potential US tariff hikes. The 30-share BSE Sensex dropped 376.28 points, or 0.44 per cent, to settle at 85,063.34. During the day, it tanked 539.52 points, or 0.63 per cent, to 84,900.10. The 50-share NSE Nifty declined 71.60 points, or 0.27 per cent, to end at 26,178.70. “Domestic equities experienced a correction led by large-cap stocks, with selling in heavyweights like Reliance Industries

Earthquake shakes western Japan but causes no major damage or tsunami

TOKYO, January 6, 2026 (AP) — A strong earthquake shook western Japan on Tuesday, but no major damage or life-threatening injuries were reported. The magnitude 6.4 quake struck in Shimane prefecture in northwestern Japan, according to the Japan Meteorological Agency. There was no risk of a tsunami from the inland quake centered about 10 kilometers (6.2 miles) deep. The prefectural capital of Matsue and nearby cities, including some in neighboring Tottori prefecture, were among the most strongly shaken. Local fire departments received several reports of minor injuries, according to the Fire and Disaster Management Agency. Shinkansen bullet trains were suspended

Before toppling Maduro, US spent decades pressuring Venezuelan leaders over its oil wealth

Sydney, Jan 6 (The Conversation) After US special forces swooped into Caracas to seize Venezuelan President Nicolás Maduro and topple his government, US President Donald Trump said the United States will now “run” Venezuela, including its abundant oil resources. US companies were poised to invest billions to upgrade Venezuela’s crumbling oil infrastructure, he said, and “start making money for the country”. Venezuela has the world’s largest oil reserves – outpacing Saudi Arabia with 303 billion barrels, or about 20% of global reserves. If this does eventuate – and that’s a very big “if” – it would mark the end of

After Maduro capture, Trump’s tough talk evokes a return to the days of American imperialism

WASHINGTON, January 6, 2026 (AP) — President Donald Trump hasn’t minced words about the larger message he’s trying to send the world with the U.S. military raid to capture Nicolás Maduro and spirit the deposed Venezuelan leader and his wife to the United States to face federal drug trafficking charges. “American dominance in the Western Hemisphere,” Trump declared following Maduro’s capture, “will never be questioned again.” In the days since the audacious raid, Trump and his team have doubled down on the notion that the new focus on American preeminence in the hemisphere is here to stay. He also held

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