Will Opec meet end the long rally in global oil prices?
The big event to watch this week, apart from the football World Cup, is the Opec (Organization of the Petroleum Exporting Countries) meeting in Vienna on Friday.
Mint Primer: Why This Week’s Opec Meeting Matters For India
The world is waiting to see whether the Organization of the Petroleum Exporting Countries (Opec) will decide to increase crude oil production at its meeting in Vienna on Friday.
ICICI Bank CEO Chanda Kochhar’s fate to be decided today at board meet: Report
The board of ICICI Bank Ltd is meeting on Monday to decide on the future of chief executive officer Chanda Kochhar, said people familiar with the matter.
Climate Change To Affect India’s Renewable Energy Plan: Study
Changing weather patterns may negatively impact India’s renewable energy generation capacity, said developers and weather scientists.
India Seen Leveraging Solar Alliance Meeting For Foreign Policy
The first general assembly of the International Solar Alliance will be held in India this October.
TPG Growth’s Rise Fund Invests $70 Mn In Fourth Partner Energy
Fourth Partner Energy, a distributed solar solutions provider, on Friday announced a $70 million investment from The Rise Fund, a global impact investment fund managed by TPG Growth.
High Oil Prices, Interest Rate May Cap India’s GDP Growth At 7.5%: Nomura
Growth in the current fiscal year will be faster in the first half and will likely face pressure in the second half to end the year at 7.5%, a Japanese brokerage said on Friday.
The Rising Risks To Financing India’s Current Account Deficit
It’s not just that the current account deficit is widening—the means of financing it also became more risky in 2017-18.
Saudi Arabia’s PIF looks to invest in India’s infrastructure sector
The Public Investment Fund (PIF) of Saudi Arabia, which has invested in SoftBank’s Vision Fund and ride-hailing firm Uber, is looking to invest in India’s infrastructure sector.
Higher oil prices may not amount to higher remittances this time
India took the top spot on remittances received in 2017. Remittances increased by about 10% last year over 2016, although this comes on a favourable base considering that remittances had decreased by 9% in 2016. Shouldn’t higher crude oil prices this year lead to a rise in remittances?
