Search results for ' Commercial'

Iran Allows 'Friendly Nations' to Use Strait of Hormuz Amid War: India, Pakistan Among Few

Iran Allows 'Friendly Nations' to Use Strait of Hormuz Amid War: India, Pakistan Among Few

Rediff.com27 Mar 2026

Iran has reportedly allowed select "friendly nations" including India and Pakistan limited access to the Strait of Hormuz amid ongoing conflict, easing some energy supply concerns. Here's what the move means for global trade and oil routes.

Indian Shipyards Set for Significant Growth with Strong Naval Order Pipeline

Indian Shipyards Set for Significant Growth with Strong Naval Order Pipeline

Rediff.com2 Apr 2026

India's three major listed shipyards - Mazagon Dock Shipbuilders Limited (MDL), Garden Reach Shipbuilders & Engineers Limited (GRSEL), and Cochin Shipyard Limited (CSL) - are poised for substantial growth, driven by a robust order pipeline from the Indian Navy and diversification into commercial and export markets.

Three-member panel to select AIFF's new commercial partner

Three-member panel to select AIFF's new commercial partner

Rediff.com7 Sep 2025

The All-India Football Federation has formed a three-member committee, headed by former judge Justice L Nageswara Rao, to oversee the entire tender process for selecting its new commercial partner, as per a directive from the Supreme Court.

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com15 Apr 2026

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

US vows to prosecute Iranian oil buyers as Hormuz blockade begins

US vows to prosecute Iranian oil buyers as Hormuz blockade begins

Rediff.com14 Apr 2026

The US has threatened to prosecute those buying or selling sanctioned Iranian oil and has announced a blockade of the Strait of Hormuz after peace talks failed.

Blaze hits Raj HPCL refinery on eve of Modi launch, inauguration deferred

Blaze hits Raj HPCL refinery on eve of Modi launch, inauguration deferred

Rediff.com20 Apr 2026

A major fire near the main unit of the newly built Rajasthan refinery of HPCL has postponed the inauguration by Prime Minister Narendra Modi. The fire, which broke out near the crude distillation unit, was doused in about two hours with no reported casualties.

Sports Authority of India Canteen Shuts Down Amidst LPG Supply Concerns and Pricing Disputes

Sports Authority of India Canteen Shuts Down Amidst LPG Supply Concerns and Pricing Disputes

Rediff.com10 Apr 2026

The canteen at the Sports Authority of India's headquarters in Delhi has suspended operations due to a vendor complaint about LPG supply shortages, though sources suggest pricing disputes are also a factor. This closure primarily affects staff, as athletes' meals are provided separately.

Iranian crude arrives in Indian ports after 7 years

Iranian crude arrives in Indian ports after 7 years

Rediff.com13 Apr 2026

Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.

Govt urges citizens to avoid panic booking, assures LPG, fuel supply

Govt urges citizens to avoid panic booking, assures LPG, fuel supply

Rediff.com12 Mar 2026

India imports nearly 60 percent of its LPG, with most cargo previously coming through the Strait of Hormuz, now closed for commercial shipping.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Trump signals Iran talks within 36-72 hours, extends ceasefire

Trump signals Iran talks within 36-72 hours, extends ceasefire

Rediff.com22 Apr 2026

US President Donald Trump has indefinitely extended the ceasefire with Iran at the request of Pakistan, aiming to allow Tehran's leadership time to form a unified proposal to end the seven-week war.

Auto retail sales record best Feb ever; jump 26%

Auto retail sales record best Feb ever; jump 26%

Rediff.com6 Mar 2026

Domestic automobile retail sales in India experienced a significant surge of 26 per cent year-on-year in February, driven by improved affordability and market confidence across various segments, according to FADA.

Bengaluru Drug Bust: DRI Seizes Rs 8.3 Crore Worth of Crystal Meth, Arrests Three

Bengaluru Drug Bust: DRI Seizes Rs 8.3 Crore Worth of Crystal Meth, Arrests Three

Rediff.com22 Mar 2026

The Directorate of Revenue Intelligence (DRI) has seized approximately 8.3 kilograms of crystal methamphetamine worth Rs 8.3 crore in Bengaluru and arrested three individuals involved in the drug trafficking network.

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

Rediff.com14 Apr 2026

Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.

SCARY! Weak Monsoon Threatens Water Security

SCARY! Weak Monsoon Threatens Water Security

Rediff.com24 Apr 2026

'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

Indian Air Force to set up Tejas engine maintenance facility with GE Aerospace's help

Indian Air Force to set up Tejas engine maintenance facility with GE Aerospace's help

Rediff.com13 Apr 2026

The Indian Air Force (IAF) is establishing a maintenance facility for GE Aerospace's F404-IN20 jet engines, which power the Tejas light combat aircraft, with technical support from GE Aerospace. This initiative aims to enhance India's indigenous defence capabilities and reduce reliance on overseas repair centres.

DGCA Gets New Chief After Turbulent Year

DGCA Gets New Chief After Turbulent Year

Rediff.com1 Apr 2026

Events from mid-2025 to early 2026 exposed deeper systemic concerns for India's aviation safety architecture.

8 High-Growth Careers If You Love Sports

8 High-Growth Careers If You Love Sports

Rediff.com21 Apr 2026

With growing opportunities in the coaching, sports science, training and wellness industries, a career in sports provides a dynamic and fulfilling career path.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

Government Boosts Kerosene Supply as LPG Alternative Amid West Asia Tensions

Government Boosts Kerosene Supply as LPG Alternative Amid West Asia Tensions

Rediff.com12 Mar 2026

The Indian government has allocated an additional 40,000 kilolitres of kerosene to states as an alternative fuel to LPG, amid the ongoing crisis in West Asia. The government assures a comfortable crude oil supply situation in the country.

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Rediff.com24 Mar 2026

The Haryana government is taking strict action against black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders to ensure adequate supply for citizens.

Meet Amit Kshatriya, Indian-American behind historic moon mission

Meet Amit Kshatriya, Indian-American behind historic moon mission

Rediff.com11 Apr 2026

Indian-American scientist Amit Kshatriya's journey from watching rocket launches in Houston to becoming NASA's Associate Administrator is a testament to his dedication and expertise in space exploration.

Delhi Police Bust Online Liquor Smuggling Ring Using Delivery App

Delhi Police Bust Online Liquor Smuggling Ring Using Delivery App

Rediff.com7 Apr 2026

Delhi police have dismantled an illegal liquor supply network operating through an online delivery application, arresting two individuals and seizing illicit liquor transported from Haryana.

TMC manifesto bets on women voters, ramps up welfare push

TMC manifesto bets on women voters, ramps up welfare push

Rediff.com20 Mar 2026

The Trinamool Congress (TMC) has released its manifesto for the West Bengal elections, focusing on welfare politics and women's empowerment with pledges to expand existing schemes, improve healthcare, and develop infrastructure.

Russian artist's photoshoot with 'pink elephant' draws ire

Russian artist's photoshoot with 'pink elephant' draws ire

Rediff.com31 Mar 2026

A photo shoot in Jaipur featuring an elephant painted pink has sparked controversy and animal welfare concerns after the elephant's death. The incident has led to calls for stricter regulations on the use of animals in commercial and artistic activities.

Punjab's Halwara Airport to Commence Flight Bookings in April, Boosting Connectivity

Punjab's Halwara Airport to Commence Flight Bookings in April, Boosting Connectivity

Rediff.com29 Mar 2026

Flight bookings for Halwara airport in Punjab are scheduled to begin in April, with the first commercial flight expected between May 10 and 15. The airport's opening is anticipated to significantly enhance air connectivity and boost economic growth in the region.

Illegal LPG Cylinder Storage Busted in Delhi, Two Arrested

Illegal LPG Cylinder Storage Busted in Delhi, Two Arrested

Rediff.com18 Mar 2026

Delhi Police busted an illegal LPG cylinder storage unit in Rajpur Khurd, arresting two individuals and seizing 223 cylinders. The facility was operating without a valid license, posing a safety risk to nearby residents.

Delhi Police Uncover Illegal LPG Cylinder Storage and Refilling Operations

Delhi Police Uncover Illegal LPG Cylinder Storage and Refilling Operations

Rediff.com16 Mar 2026

Delhi Police have dismantled an illegal operation involving the storage of over 600 LPG cylinders and arrested an individual for illegally refilling gas cylinders, highlighting concerns over safety and black market activities.

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Rediff.com24 Mar 2026

The Haryana government is taking strict action against individuals involved in the black marketing of cooking gas cylinders, resulting in multiple FIRs and the seizure of hundreds of cylinders.

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Rediff.com16 Apr 2026

Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.

'FY27 Presents Clear Runway For Earnings Improvement'

'FY27 Presents Clear Runway For Earnings Improvement'

Rediff.com16 Apr 2026

'In investing, poor sentiment is always a good vintage to build a portfolio.'

Indian National Killed in Attack on US Oil Tanker Near Basra

Indian National Killed in Attack on US Oil Tanker Near Basra

Rediff.com12 Mar 2026

An Indian crew member was killed after a US-owned oil tanker was attacked near Basra, Iraq. Fifteen other Indian crew members were evacuated.

19-Year-Old Dies After Being Hit by DTC Bus in Azadpur, Delhi

19-Year-Old Dies After Being Hit by DTC Bus in Azadpur, Delhi

Rediff.com5 Apr 2026

A 19-year-old man died after being struck by a Delhi Transport Corporation (DTC) bus in the Azadpur area of northwest Delhi. The driver fled the scene, and police are investigating the incident.

Gulf port is either for everyone or...: Iran on US's blockade plan

Gulf port is either for everyone or...: Iran on US's blockade plan

Rediff.com13 Apr 2026

Iran has strongly criticised US plans to impose a blockade on its ports, warning that maritime security across the Persian Gulf region would be jeopardised if its own security is threatened.

Women Brawl Over Toilet Keys Near Badlapur Station

Women Brawl Over Toilet Keys Near Badlapur Station

Rediff.com7 Mar 2026

A dispute over toilet keys escalated into a physical altercation between two groups of women near Badlapur railway station in Thane district, Maharashtra. Police are investigating the incident after a video went viral.

Argentina Steps Up LPG Supply To India

Argentina Steps Up LPG Supply To India

Rediff.com23 Mar 2026

Argentina has significantly increased its LPG exports to India to help mitigate shortages caused by the ongoing conflict in West Asia. This partnership is becoming increasingly important for India's energy security.

Iran war impact: LPG shortage threatens hotels, restaurants closures across India

Iran war impact: LPG shortage threatens hotels, restaurants closures across India

Rediff.com10 Mar 2026

Indian restaurants are grappling with a severe LPG shortage due to the West Asia conflict, forcing them to innovate with menus and cooking methods or face potential closures, impacting the food industry and consumers across the country.

Iran War Hits Kerala Tourism Hard

Iran War Hits Kerala Tourism Hard

Rediff.com15 Apr 2026

'We have lost 70-80 per cent of our business from foreign guests.'