‘Historic first’: India seals first LPG pact with US; 2.2 MTPA deal to meet about 10% of New Delhi’s total import needs

India has finalised its first structured one-year agreement to import liquefied petroleum gas (LPG) from the United States, Union petroleum minister Hardeep Singh Puri announced on Monday. Describing the development as a “historic first”, he said Indian public sector oil companies had secured a contract to source LPG from the US Gulf Coast. The update…

Read More

US travel update: FAA lifts flight restrictions after government shutdown ends; major airports return to normal Monday

Representative image (Picture credit: AP) The Federal Aviation Administration will lift all flight-reduction orders at 40 major airports from Monday, allowing airlines to return to normal operations after weeks of shutdown-triggered disruptions.In a joint statement, transportation secretary Sean Duffy and FAA administrator Bryan Bedford said regular schedules can resume from 6 am EST on Monday….

Read More

Guardrails in place for AI-led commerce: Visa

SINGAPORE: Payments giant Visa is looking to launch agentic commerce pilots across the Asia-Pacific region as regulatory and ecosystem readiness advances by early next year. Agentic commerce refers to a new era where AI-powered agents shop and pay on behalf of users. The company’s Visa Intelligent Commerce (VIC) programme incorporates features like tokenisation, authentication, payment…

Read More

Indian firms shift from AI pilots to scale: Report

BENGALURU: Nearly half of Indian enterprises (47%) now have multiple GenAI use cases live, a report by EY-CII report showed. Another 23% are currently in pilot stages, marking a decisive shift from experimentation to scaled execution. The report showed that Indian enterprises are increasingly embedding AI into core business workflows to deliver measurable outcomes. It…

Read More

India model: UNDP chief hails India’s growth with inclusion; digital, climate push seen as global blueprint

India has shown that rapid economic expansion and social inclusion can progress in tandem, with its development approach now shaping global learning, UNDP’s Acting Administrator Haoliang Xu has said, according to PTI. Calling India’s growth story a mix of technology-driven delivery, participatory governance and resilient climate action, Xu said the country offers “a blueprint for…

Read More