Saudi Aramco to invest in RIL’s solar, specialty chemicals biz
The new energy and materials business of RIL is said to be integrally linked to Aramco’s 2035 net carbon zero goals.
saudi arabia
December 2021
November 2020
April 2020
Saudi fund invests $1.3 bn in Ambani’s retail business
The Public Investment Fund of Saudi Arabia is picking up a 2.04% stake in Mukesh Ambani’s Reliance Retail Ventures. This after it invested $1.5 billion in a sister company, Jio Platforms.
Markets tank on oil futures crash
Both the BSE Sensex and Nifty 50 plunge nearly 4% intraday as fear grips equity markets after the historic collapse of U.S. crude oil prices on Monday.
‘Covid-19 hangs over the future, like a spectre’
While directly mum on inflation and growth, the RBI’s latest monetary policy report warns that Covid-19 would impact economic activity in India through lockdowns and slowing global trade and growth.
