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Saudi Arabia’s oil giant Saudi Aramco crosses 70% localisation milestone, $280 billion boost to GDP: Global firms rush in as iktva creates over 200,000 jobs

Saudi Aramco Achieves 70% Local Content Milestone in Supply Chain, Boosting Saudi Vision 2030 Saudi Aramco, the world’s largest integrated energy and chemicals company, has announced a major breakthrough in its In-Kingdom Total Value Add (iktva) programme by achieving a 70% local content benchmark in its supply chain, a milestone that underscores the Kingdom’s push…

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Rupee gains 38 paise, reaches 90.40 against US dollar; foreign investments lift sentiment

The Indian rupee gained 38 paise against the US dollar in early Thursday trading, reaching 90.40. This rise came from foreign investments and likely support from the Reserve Bank of India (RBI). The currency market saw good liquidity and positive sentiment despite ongoing global tensions and oil price concerns.The rupee opened at 90.55 and quickly…

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India-US trade deal: Exports may push New Delhi’s trade surplus with Washington to over $90 billion, says SBI report

India’s trade surplus with the United States could exceed $90 billion annually, according to a new report by SBI. This growth has been driven by rising exports and higher import potential. Indian exporters could boost their top 15 items’ exports to the US by $97 billion yearly, with total exports potentially crossing $100 billion annually…

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