India’s G20 Diplomacy: Achieving a Delicate Balance Amid Global Challenges

India's G20

India’s G20: Recently, the term ‘Global South’ has gained prominence in these parts of the world, with India advocating for a focus on the development of countries that were previously grouped under the G-77, including both developing and least developed nations. Security analysts, in particular, were cautious about making this group the primary focus of … Read more

Revolutionizing Bilateral Trade: ADNOC and IOCL’s Landmark Crude Oil Transaction under New LCS System

ADNOC and IOCL

New Delhi: A significant milestone has been achieved in strengthening bilateral economic relations as the Abu Dhabi National Oil Company (ADNOC) and the Indian Oil Corporation Limited (IOCL) successfully concluded the inaugural crude oil transaction through the recently implemented Local Currency Settlement (LCS) system. This pioneering transaction involved the sale of around 1 million barrels … Read more