Trump Greenlights Extended Permit for Exxon’s Golden Pass LNG Project

In a significant move for the energy sector, former President Donald Trump recently approved a permit extension for ExxonMobil’s Golden Pass liquefied natural gas (LNG) export terminal located in Texas. This decision is expected to boost the company’s operational capacity and enhance the United States' position in the global energy market.

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India Paves the Way for Equity Sales by Bad Loan Managers: A Significant Shift in Financial Regulations

In a groundbreaking move, the Indian government has approved new regulations allowing managers of bad loans to raise equity capital by issuing shares. This reform is expected to invigorate the distressed asset management industry and create a more vibrant market for resolving non-performing assets (NPAs) across the financial sector. The decision comes as part of India's ongoing efforts to bolster its economy and enhance the efficiency of its banking system amid rising levels of bad debt.

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