
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.
The new energy and materials business of RIL is said to be integrally linked to Aramco’s 2035 net carbon zero goals.
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.
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.
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.