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Wednesday, July 30, 2025
TopicSaudi Aramco

Topic: Saudi Aramco

Why Saudi Aramco is overpaying for a mere 20% stake in Mukesh Ambani’s Reliance Industries

Saudi Aramco is happy to pay a rich price for Reliance as India is likely to soon overtake the US as the world’s biggest net importer of crude.

Mukesh Ambani looks to slash $22 billion of Reliance debt with Aramco, BP deals

Mukesh Ambani told shareholders that Reliance Industries aims to be a zero-net-debt company in 18 months.

Saudi Aramco to buy major stake in Mukesh Ambani’s Reliance oil, chemicals unit

The deal, which is the biggest foreign investment in Reliance’s history, will cover all of the company's refining & petrochemical operations.

Rebel attack on Saudi pipeline highlights risk to Middle East oil exports

Tuesday's drone attack on Saudi pipeline underlines the risks crude oil faces as US-Iran tensions spike.

India should be cautious of Saudi Aramco’s interest in Reliance refinery for a few reasons

India has a dangerous addiction to imported crude, and it should be wary of getting too cozy with its dealer.

Reliance considering to sell 25% of refinery business to Aramco and Adnoc

Mukesh Ambani’s Reliance Industries Ltd. could fetch at least $10 billion in the refinery business deal, according to sources.

Adnoc announces a 2-million barrel cargo of oil destined for Ratnagiri refinery

Abu Dhabi National Oil Company intends to store 5.86 million barrels of crude at the Ratnagiri refinery. India is targeting support from both Saudi Aramco and Adnoc for the $44 billion Ratnagiri project.

On Camera

Meghnad Desai was a man of many passions. Marxian economics, politics to Bollywood

Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.

Govt’s earlier FDI limit of 74% in insurance sector has remained underutilised, Parliament told

In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.