NEW DELHI – Indian refiners are preparing to drastically reduce imports of Russian crude oil following new U.S. sanctions targeting Russia’s two largest oil producers, Lukoil and Rosneft, industry sources confirmed Thursday. The move is expected to ease trade tensions with Washington, which has imposed steep tariffs on Indian exports in part due to its […]
Narendra Modi government
Mother Teresa charity in India gets back access to foreign funds
The Indian government renewed permission for late Catholic nun Mother Teresa’s charity to receive foreign funds, weeks after rejecting it, the organisation said on Saturday. On Christmas Day, the Narendra Modi government moved to cut off foreign funding to the Missionaries of Charity and refused to renew its licence under the Foreign Contribution Regulation Act (FCRA). […]