U.S.-India Trade Breakthrough: Tariff Relief Tied to Strategic Energy Shift
Major Trade Deal Reshapes U.S.-India Economic Relations In a significant diplomatic development, the United States and India are finalizing a…
Tag: New Delhi
Transnet Port Terminals Reports Record Performance and Operational Milestones
Transnet Port Terminals has reportedly set new operational records with significant improvements in container handling and automotive volumes. Sources indicate the state-owned operator broke 14 performance benchmarks across multiple terminals. Analysts suggest equipment upgrades and maintenance initiatives contributed to these gains.
Record-Breaking Performance Across Terminals
According to recent operational reports, Transnet Port Terminals (TPT) has achieved substantial performance improvements, breaking 14 operational records during the past six months. Sources indicate the terminals handled 100,158 twenty-foot equivalent units and 27,879 fully-built automotive units in a single week, with the Ngqura Container Terminal exceeding its daily moves by 60%.
Indian Refiners Reduce Russian Oil Imports Following Trump-Modi Exchange
Indian refiners are reportedly reducing Russian oil imports following President Trump’s comments about Prime Minister Modi’s commitment. Multiple industry sources indicate short-term reductions as companies await official guidance from New Delhi.
Indian Oil Industry Responds to Political Developments
Indian refiners are reportedly scaling back Russian crude oil purchases following comments from President Donald Trump about Prime Minister Narendra Modi’s commitments, according to industry sources. Multiple executives from state-owned refining companies indicated they were taken by surprise by the political developments and are awaiting official guidance from the Indian government.