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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Dip in foreign investment is part of a self-correcting cycle : Bank of America’s Sahu

Vikram Sahu, India CEO and Country Executive, Bank of America, hosted the bank’s investor conference in India with foreign institutional investor participation rising 20% from the previous year. According to Sahu, despite the short-term challenges interest in India remains undiminished.Q. With the monetary policy committee meeting around the corner what do you expect from the…

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State-Run Banks: State-run banks hire over 50,000 in FY26, a rise of 33%

NEW DELHI: Public sector banks recruited 50,552 employees in the last financial year, 33% higher than 37,860 hired in the previous financial year, as they expanded their operations.In a statement, the finance ministry said that offer letters were sent to over 50,000 candidates in 2025-26 after the recruitment exercise conducted through the Institute of Banking…

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