India joined nine other global trading powers to try and establish the tariff regime that would be in play after the UK has officially left the EU at the end of the Brexit transition period on December 31.
Nirmala Sitharaman recently unveiled another booster dose to put the Indian economy back on track. It will help generate jobs and facilitate the revival of several moribund sectors. Some measures will make an immediate impact, some others that will become evident only over the medium term.
As the world limps out of 2020, a new US presidency is likely to guide the global hydrocarbons and renewables industry in a new direction. The implications for India, the world’s second largest oil importer, a signatory to the Paris Accord and the head of the International Solar Alliance, is likely to be profound.
Expanding its native wet freight capacity will be crucial to ensuring India’s energy security.
The Strategic Energy Partnership between New Delhi and Washington has emerged as one of the most important components of the larger strategic convergence between the two countries. This engagement is helping India balance the imperatives of development with the need to protect the environment.
Saurabh Kumar is the Managing Director of Energy Efficiency Services Limited (EESL), a joint venture of public-sector undertakings under India’s Ministry of Power. The company’s UK JV, EnergyPro Assets Limited (EPAL), recently emerged as Britain’s fastest-growing Indian company in the 2020 ‘India Meets Britain Tracker’. In this interview with ‘India Global Business’, Kumar analyses this success story as he lays out the company’s future plans to build on the UK-India energy partnership for sustainable growth in India and globally.
America’s booming energy market is an important building block in strengthening the country’s relationship with India. Highlights: Houston is India’s tenth largest trading partner. The recent 7.5 billion Tellurian- Petronet deal and the US Department of Energy’s approval for three Houston-based LNG projects to export LNG to India simply scratch the surface of US-India Energy ties. LNG exports from the US to India could help the country to address its huge energy needs and contribute towards development projects. Freedom [...]
Bob Patel is the CEO of energy and chemical major LyondellBassell. In this interview with ‘India Global Business’, he tackles some of the tough questions around the war on plastic waste and the company’s commitment to a greener future.
New Mexico’s Cabinet Secretary for Economic Development invites investment into the southern state as she catalogues the several opportunities and incentives it presents for entrepreneurs wanting to expand in the US. Among the 50 states that comprise the United State, New Mexico is one of the largest geographically and smallest in terms of population. Despite this anomaly, New Mexico is blessed with a unique group of assets no other state can boast. The state is rich in natural resources, especially [...]
The Indian Prime Minister’s meeting with the heads of major US oil companies and his government’s tango with the Middle East and Russia will ensure that the country gets adequate hydrocarbon supplies to power its growth aspirations. The recent attack on Saudi Aramco’s plants, which resulted in the suspension of 5 per cent of the world’s crude oil supplies, led to violent swings in global oil prices. In the two days following the attack, Brent futures went up by almost [...]