Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The Saudi embassy in India tweeted they have removed the visa requirement for police clearance certificate for Indians
Both countries have re-affirmed continued cooperation in joint projects including the West coast refinery, LNG infrastructure investment and development of strategic petroleum storage facilities
Underlining the importance of the strategic relationship between India and Saudi Arabia, External Affairs Minister S Jaishankar said on Sunday that the collaboration holds the promise of shared growth, prosperity, stability, security and development. Jaishankar, who arrived here on Saturday on a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries, addressed diplomats at the Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh this morning. "Addressed diplomats at the Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh this morning. Underlined the importance of India-Saudi Strategic Relationship at a time when the world is at crossroads, he said in a tweet. "Our collaboration holds promise of shared growth, prosperity, stability, security and development, he added in another tweet. It is Jaishankar's first visit to Saudi Arabia as the External Affairs Minister. During the visit, Jaishankar will co-chair wit
India and Saudi Arabia on Thursday signed a pact for an annual supply of 2.5 million tonnes of ammonia and DAP, NPK fertilisers for the next three years. Announcing the development in a series of tweets, Chemicals and Fertilisers Minister Mansukh Mandaviya said Indian cooperative KRIBHCO has signed an agreement for investment in a new phosphate project of Saudi Arabia's largest mining firm Ma'aden. "With this, Indian companies have secured a 2.5 million tonnes annual supply of key raw materials like ammonia and finished fertilizers like DAP, NPKs for the next 3 years," the minister tweeted. A joint declaration was made to commit for the long-term supply of up to 1 million tonne of Di-ammonium phosphate (DAP) and NPKs per annum to KRIBHCO, he said. The collaboration includes joint development in agronomy, logistics solutions and product development to support farmers of both India and Saudi Arabia. The tie-up will add even more energy to India-Saudi Arabia friendship and benefit th
LONDON (Reuters) -Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not expected, while indications that the U.S. central bank could raise interest rates less aggressively than anticipated also supported crude.
Saudi Arabia has embarked on an ambitious programme to boost inbound tourism and considers India a key market, said Saudi Tourism Board CEO Fahd Hamidaddin.
Two Indian workers are being held captive by their employer in Yanbu city of Saudi Arabia despite an assurance by authorities that they will be allowed to return by April-end
Here's a selection of Business Standard opinion pieces for the day
India is the third largest market for Saudi crude. But after a year of Covid, the latter isn't keen to let prices hover at under $80 a barrel, the break even at which its budget wipes off red stainsi
The oil diplomacy by India has paid dividend with world's largest oil producer Saudi Arabia deciding against raising crude supplies for March delivery to Asian consumers
Prime Minister Narendra Modi had a telephonic conversation with Saudi King Salman Bin Abdulaziz Al Saud during which the two leaders expressed their satisfaction at the state of bilateral relations
Drug trafficking has also provided funding for insurgency and terrorism in various regions throughout the world
Modi will be speaking at the investment summit organized by Saudi Arabia's Public Investment Fund. The event is popularly known as Davos of the Deserts
Vision 2030 of Crown Prince Mohammed bin Salman will also result in significant expansion of trade and business between India and Saudi Arabia
Oil Minister Dharmendra Pradhan on a three-nation visit courted the new Saudi Arabian minister in Jeddah
India had earlier reportedly declined requests for an increase in flying rights by Dubai, China, Malaysia, Singapore, Qatar, among others
Narendra Modi's West Asia policy remains the one area of achievement in an otherwise indifferent record of foreign policy
Saudi Arabia is the fourth largest trading partner of India with bilateral trade exceeding $25 billion in 2016-17
The government also discussed with Saudi Arabia investment opportunities in a proposed oil refinery