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IMEC, energy ties in focus as PM begins Saudi visit

Business Standard

|

April 23, 2025

Possibility of pacts being explored in logistics, clean energy, data cooperation

- SUBHAYAN CHAKRABORTY

IMEC, energy ties in focus as PM begins Saudi visit

Prime Minister Narendra Modi is expected to discuss the next steps for the India-Middle East-Europe Economic Corridor (IMEC) with Saudi PM and Crown Prince Mohammed Bin Salman during his two-day visit to Saudi Arabia that began on Tuesday, sources said. The bilateral talks will also aim to further efforts to interlink power grids through sub-sea cables, and greater collaboration in green hydrogen, they said.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Trai’s numbering mandate raises debt collection concern

The Telecom Regulatory Authority of India’s (Trai’s) directive requiring banks and non-banking financial companies (NBFC) to shift to the ‘1600’ numbering series for voice calls to curb spam and fraud is raising concern among the lending players.

time to read

2 mins

January 24, 2026

Business Standard

Lagarde isn't on 'the same page' as Carney over ruptured world

Mark Carney’s bleak view of a disintegrating world met pushback from global economic chiefs in Davos who emphasised how mutual reliance in international affairs can’t be ignored.

time to read

1 min

January 24, 2026

Business Standard

Payments make up most of PhonePe's revenue

Despite similar revenue from operations, fintech rivals Paytm and PhonePe show divergent revenue mixes, with PhonePe more reliant on payments.

time to read

1 min

January 24, 2026

Business Standard

Veteran SBI banker Arijit Basu to chair IndusInd Bank

Arijit Basu, who will take over as part-time chairman of IndusInd Bank after the tenure of Sunil Mehta is over on January 30, has served as banker for more than 42 years, 37 of them being in State Bank of India (SBI).

time to read

2 mins

January 24, 2026

Business Standard

JSW Steel net surges 198%

One-time tax gain, linked to Bhushan Power & Steel and JFE Steel deal, drives growth

time to read

2 mins

January 24, 2026

Business Standard

Business Standard

On track to achieve ₹25 trn business by Dec 2030: Indian Bank MD & CEO

Indian Bank has posted a consolidated net profit of ₹3,146.88 crore in the third quarter of 2025-26 (Q3FY26), up 8 per cent on year.

time to read

3 mins

January 24, 2026

Business Standard

BPCL to double crude supply from Brazil’s Petrobras

Bharat Petroleum Corporation Ltd (BPCL) will sign a term contract with Brazil’s state-run Petrobras to purchase 12 million barrels (bbl) of crude oil for $780 million, Hardeep Singh Puri, Union minister of petroleum and natural gas, said on Friday.

time to read

1 mins

January 24, 2026

Business Standard

AI may add $550 bn to India’s GDP by ’35

Artificial intelligence (AI) has the potential to add $550 billion to agriculture, education, energy, healthcare and manufacturing in India by 2035 at a nominal level, an economic modelling by PwC India has found.

time to read

1 mins

January 24, 2026

Business Standard

FDI inflows to India surged 73% to $47 bn in 2025: UN

The FDI inflows to India in 2025 surged by 73 per cent to $47 billion, mainly due to large investments in services and manufacturing, supported by policies aimed at integrating the country into global supply chains, the UN said.

time to read

1 mins

January 24, 2026

Business Standard

Softer valuations making room for phased entry

The BSE Smallcap index has slipped to an eight-month low, bringing the high-risk, high-reward nature of small-cap investing back into focus.

time to read

2 mins

January 24, 2026

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