The Indian government is working on a new legislative framework for ports that aims to improve transparency in port tariffs and update penalties for offenses. The proposed Indian Ports Bill, 2023, will empower the Maritime States Development Council (MSDC) to promote integrated planning between states and the central government.
Dollar rebounds after Fed goes big on rate cut
The U.S. dollar rose broadly on Thursday after the Federal Reserve’s significant interest rate cut. Despite initial volatility, the dollar rebounded from a one-year low