New Delhi, May 30 (IANS) The ‘Logistics Port Performance Index’ (LPPI) is a major step towards improving the efficiency, transparency and global competitiveness of Indian ports, the government has said.By promoting continuous improvement and global benchmarking, it will strengthen India’s position as a leading maritime power, said Union Minister Sarbananda Sonowal.The LPPI for FY 2024-25, along with four new digital initiatives, are aimed at improving governance, transparency and ease of d…
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Washington, March 6 (IANS) In a significant development, in the wake of the ongoing Iranian war, the Trump administration authorised a one-month window for India to import Russian crude oil.”President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” Bassent said.”This delibera…