Oil processing facilities form the foundation of the worldwide energy sector, converting crude petroleum into essential fuels such as petrol, diesel, aviation fuel and various petrochemical products.
The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.
Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.
Delhi Police have dismantled a major international cyber fraud syndicate using illegal 'SIM Box' technology to defraud people through digital arrest scams and fake investment schemes. Two individuals have been arrested, and the investigation revealed links to handlers in Cambodia and other Southeast Asian countries.
India's Billie Jean King Cup team is preparing for the Asia/Oceania Group I tournament in Delhi, with a focus on team unity and a blend of experienced players and rising stars.
India's chances of progressing in the Billie Jean King Cup Asia/Oceania Group I tie are jeopardised after a 0-3 loss to Indonesia, with Vaishnavi Adkar's valiant effort ending in defeat and Sahaja Yamalapalli outplayed by Janice Tjen.
Despite Iran allowing 'non-hostile vessels' through the Strait of Hormuz, marine insurance premiums are expected to remain elevated due to persistent high-risk classifications and ongoing geopolitical tensions, with experts cautioning that the threat of attacks and collateral damage still exists.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
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.
The Bangladesh Cricket Board (BCB) is attempting to repair strained relations with the BCCI after pulling out of the T20 World Cup in India, seeking to revive India's white-ball tour in September.
The fragile ceasefire in West Asia between the US and Iran to halt the hostilities in the region for two weeks faces renewed uncertainty as Tehran reportedly moved to block the strategic Strait of Hormuz once again due to Israel's intensified offensive against Hezbollah in Lebanon, according to Iranian state media Islamic Republic News Agency (IRNA), which US President Trump says was "not included" as part of the ceasefire deal.
Indian girls and boys teams secured dominant victories against Sri Lanka and Maldives respectively at the ITTF-ATTU Asian Youth Table Tennis Championships.
Rajasthan Royals captain Riyan Parag attributes his team's first IPL defeat of the season to a combination of factors, including misreading the pace of deliveries and shortcomings in bowling execution against Sunrisers Hyderabad.
Tata Power has announced a collaboration with Databricks to develop a data and AI platform aimed at enhancing operational efficiency, decision-making, and innovation across its energy systems.
Two men arrested in Bijnor, Uttar Pradesh, for allegedly being in contact with a Pakistan-linked handler based in Saudi Arabia revealed that the handler was expanding his network in India via social media. The investigation has been handed over to the Anti-Terrorist Squad (ATS).
'People are now searching online for ways to spend their time offline. That is the intersection.'
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.
A new analysis of national data reveals significant stillbirth rates in India and highlights the need for improved data collection and standardised reporting.
Israeli Prime Minister Benjamin Netanyahu on Thursday called for the opening of direct negotiations with Lebanon, as tensions persist along the border despite a two-week ceasefire aimed at halting hostilities in West Asia.
The Pakistan Cricket Board is adapting the 2026 Pakistan Super League due to a fuel shortage, with matches played without fans and at only two venues.
Indian women boxers dominated the Asian Boxing Championships, securing four gold, two silver, and four bronze medals. Minakshi Hooda, Preeti Pawar, Priya Ghanghas, and Arundhati Choudhary all won gold in their respective weight categories.
Indian men's and women's lacrosse teams, fresh off their gold-winning performance at the Asian Lacrosse Games, have been felicitated by the Sports Minister and urged to focus on qualifying for the 2028 Los Angeles Olympics.
S Mahendra Dev, chairman of the Economic Advisory Council to the Prime Minister, expressed confidence that the rupee would stabilise around the 92-93 level against the US dollar, despite geopolitical tensions, and that foreign investment flows would return.
Amidst the stalling of high-level peace talks between Tehran and Washington, Iran continues to endure severe digital isolation as the nationwide internet blackout reached its 44th day on Sunday.
Sports Minister Mansukh Mandaviya is pushing for a Formula 1 race in India in 2027 by addressing tax hurdles that led to the event's departure in 2013.
InterGlobe Aviation (IndiGo) is experiencing significant financial pressure, with its stock falling 18 per cent since the start of the Iran war, due to rising Brent crude prices, a weakening rupee, and disruptions to its West Asia and European flight networks caused by geopolitical tensions.
The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.
US President Donald Trump on Monday confirmed that his administration has received a proposal from Iran aimed at ending the ongoing conflict in West Asia, but described the offer as insufficient.
Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.
Young Vaishnavi Adkar's impressive win against Aishi Das gives India a 1-0 lead against New Zealand in the Billie Jean King Cup. This victory follows India's 1-2 defeat to Thailand, where Adkar faced challenges in her debut match.
Indian Grandmaster Koneru Humpy has withdrawn from the FIDE Women's Candidates Tournament, citing concerns over her personal safety amidst the West Asia conflict.
'In investing, poor sentiment is always a good vintage to build a portfolio.'
Pakistan is actively engaged in diplomatic efforts to facilitate negotiations between the US and Iran, with hopes of hosting a second round of talks in Islamabad.
India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.
The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.
Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.
The Iranian terrorist regime launched a long-range missile for the first time since the start of Operation Roaring Lion that could reach a distance of ~4,000 km, Israel said.
New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.
The embassy also said that the exit must be undertaken in coordination with the mission.
Jitesh Sharma provides a glimpse into the life of young cricketer Vaibhav Sooryavanshi, highlighting his on-field talent and off-field teenage habits.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances