News for 'Middle East'

India's Russian oil import hits 12-month low, but...

India's Russian oil import hits 12-month low, but...

Rediff.com5 Feb 2024

India's crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation's insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to data from energy cargo tracker Vortexa. Russia however continues to remain India's top oil supplier, accounting for a little less than a quarter of 4.91 million barrels a day of oil that the world's third largest energy consumer imported in January.

With Gaza in their hearts, Palestine motivated to advance at Asian Cup

With Gaza in their hearts, Palestine motivated to advance at Asian Cup

Rediff.com12 Jan 2024

'The whole team is motivated with what's happening in Palestine, it's a difficult time for all families. But we're professional players, we should keep it up the same way as we've been working in the last few weeks.'

Wipro Q2 net drops 9.6% to Rs 2,649.1 cr

Wipro Q2 net drops 9.6% to Rs 2,649.1 cr

Rediff.com12 Oct 2022

Wipro Ltd on Wednesday reported a 9.6 per cent drop in its net profit in the second quarter, on lower earnings from clients in non-US markets. The company reported a net profit of Rs 2,649.1 crore in July-September quarter, compared to Rs 2,930.6 crore in the same period a year back, the company said in a statement. Revenues rose to Rs 22,539.7 crore in the quarter under review, from Rs 19,667.4 crore a year-ago.

G20 joint declaration deplores all acts of religious hatred

G20 joint declaration deplores all acts of religious hatred

Rediff.com9 Sep 2023

The leaders of the grouping who met under India's presidency in New Delhi adopted the Delhi Declaration in which they emphasised the freedom of religion or belief, freedom of expression and the right to peaceful assembly.

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

Israel-Hamas conflict: India withdraws from World Cadet Chess

Israel-Hamas conflict: India withdraws from World Cadet Chess

Rediff.com13 Oct 2023

India has pulled out of the World Cadet Chess Championship scheduled to be held in Egypt from October 14 to 23 in view of the situation in Gaza

Sensex rises 394 points, Nifty closes above 19,800

Sensex rises 394 points, Nifty closes above 19,800

Rediff.com11 Oct 2023

Among Sensex stocks, Wipro gained the most by 3.29 per cent. Ultratech Cement, Reliance Industries, Hindustan Unilever, Nestle, NTPC, M&M, HDFC Bank, ITC, Kotak Bank and Axis Bank were among the winners. On the other hand, HCL Tech fell the most by 1.24 per cent. SBI, TCS, Infosys, IndusInd Bank and Tata Steel also dropped.

'No Nation Will Question Our Power'

'No Nation Will Question Our Power'

Rediff.com19 Jul 2024

'No enemy will doubt our might.'

Qatar Reprieve Highlights India Diplomacy

Qatar Reprieve Highlights India Diplomacy

Rediff.com26 Feb 2024

The incident remains a reminder of the inherent fragilities of all geopolitical relationships.

Port Blair gets a name change: Sri Vijaya Puram it is

Port Blair gets a name change: Sri Vijaya Puram it is

Rediff.com13 Sep 2024

Shah said the decision was taken to free the nation from colonial imprints as the Andaman and Nicobar Islands had an "unparalleled place" in the country's freedom struggle and history.

Nothing will stop me speaking my mind in F1: Hamilton

Nothing will stop me speaking my mind in F1: Hamilton

Rediff.com16 Feb 2023

Lewis Hamilton vowed to continue speaking out despite Formula One's governing body clamping down on drivers

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com22 Oct 2023

Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.

Osama bin Laden's 'Letter to America' goes viral amid Israel-Hamas war

Osama bin Laden's 'Letter to America' goes viral amid Israel-Hamas war

Rediff.com17 Nov 2023

Laden tried to defend the roughly 3,000-person terror assaults against the United States in a long letter dated 2002.

Birthday ride goes wrong, student killed in Delhi SUV accident

Birthday ride goes wrong, student killed in Delhi SUV accident

Rediff.com19 Sep 2024

The Hyundai Venue car had five occupants, four of them students of Delhi University colleges, who were returning from a birthday party at a pub in neighbouring Gurugram.

Indian Football: NorthEast United downs East Bengal

Indian Football: NorthEast United downs East Bengal

Rediff.com23 Feb 2021

NorthEast United inched closer to a playoffs berth with a 2-1 win over 10-man SC East Bengal in the ISL

Paris 2024 Olympics unfazed by Israel-Hamas conflict

Paris 2024 Olympics unfazed by Israel-Hamas conflict

Rediff.com17 Oct 2023

France has said it will deploy some 35,000 security agents and the military to secure the 2024 Olympic Games opening ceremony

Cong backs 'Palestinian rights' amid Israel-Hamas conflict

Cong backs 'Palestinian rights' amid Israel-Hamas conflict

Rediff.com10 Oct 2023

Congress general secretary Jairam Ramesh had on Sunday said his party has always believed that the legitimate aspirations of the people of Palestine must be fulfilled through dialogue while ensuring the national security interests of the Israelis.

World One Step Away From Disaster

World One Step Away From Disaster

Rediff.com3 Feb 2024

A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).

Israel strikes back at Iran, blasts reported in Isfahan region

Israel strikes back at Iran, blasts reported in Isfahan region

Rediff.com19 Apr 2024

Israel launched missile strikes against Tehran during early hours on Friday (local time), ABC News reported citing a senior United States official.

HC grants bail to ISIS supporter, says fascination not association

HC grants bail to ISIS supporter, says fascination not association

Rediff.com6 May 2024

Any curious mind, the court observed, can access and download such content from the internet, which, by itself, is not a crime.

India's import of Russian oil scales new high in May

India's import of Russian oil scales new high in May

Rediff.com4 Jun 2023

India's import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed. India took 1.96 million barrels a day from Russia in May, 15 per cent more than the previous high in April, according to data from energy cargo tracker Vortexa. Russia now makes up for nearly 42 per cent of all crude oil India imported in May.

What Really Touches Your Heart In Jigra

What Really Touches Your Heart In Jigra

Rediff.com14 Oct 2024

When mainstream Hindi cinema is preoccupied with romance, comedy, horror and action, stories about sisters and brothers are very rare. Vasan Bala has made a first-of-its-kind film where the leads play sister and brother, notes Aseem Chhabra.

India to buy one-third less oil from Saudi Arabia

India to buy one-third less oil from Saudi Arabia

Rediff.com6 Apr 2021

Indian refiners will buy less oil from Saudi Arabia next month as they snap up supplies outside of the Middle East as part of diversification drive amid weakening domestic fuel demand on the resurgence of COVID-19. State-owned Indian Oil Corporation (IOC) and three other refiners have sought just 65 per cent of the monthly average of about 15 million barrels from Saudi Arabia in May, three sources with knowledge of the matter said. The move follows tensions between India and Saudi Arabia over the Kingdom's hawkish stance on boosting production to cool prices.

Why West Opposes Strong Leader Like Modi

Why West Opposes Strong Leader Like Modi

Rediff.com9 Jun 2024

'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).

FPIs' selling spree continues; pull out Rs 5,800 cr from equities

FPIs' selling spree continues; pull out Rs 5,800 cr from equities

Rediff.com12 Nov 2023

Foreign Portfolio Investors (FPIs) selling spree continued as they dumped Indian equity worth over Rs 5,800 crore this month so far on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

Rediff.com17 May 2024

India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.

'Elections May Sway Markets Temporarily'

'Elections May Sway Markets Temporarily'

Rediff.com17 May 2024

'The long-term impact of elections is minimal.'

Trump recognises Jerusalem as Israel's capital

Trump recognises Jerusalem as Israel's capital

Rediff.com7 Dec 2017

He ordered to start the process of moving the United States embassy from Tel Aviv to the holy city.

The Great Messi Mystery: Where Will He Go Next?

The Great Messi Mystery: Where Will He Go Next?

Rediff.com9 May 2023

Messi's future at PSG has been the subject of much speculation in recent days

Henry Kissinger, 100, Passes Away

Henry Kissinger, 100, Passes Away

Rediff.com30 Nov 2023

Dr Kissinger died on Wednesday at his home in Connecticut.

Kandahar Review: Tedious Watch

Kandahar Review: Tedious Watch

Rediff.com16 Jun 2023

As an audience, we deserve better! exclaims Mayur Sanap.

Mid, smallcap indices stay afloat in choppy January

Mid, smallcap indices stay afloat in choppy January

Rediff.com6 Feb 2024

The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.

Iran, Saudi to resume ties after China brokers peace

Iran, Saudi to resume ties after China brokers peace

Rediff.com10 Mar 2023

Iran and Saudi Arabia have agreed to re-establish diplomatic relations and reopen embassies after talks in Beijing between officials from the two rival Middle East powers, Iranian state media reported on Friday.

'India is a bright spot. Lot of hope for next two decades'

'India is a bright spot. Lot of hope for next two decades'

Rediff.com29 Mar 2024

'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'

Sensex ends up 635 pts on buying in auto, IT stocks

Sensex ends up 635 pts on buying in auto, IT stocks

Rediff.com27 Oct 2023

Equity benchmark indices Sensex and Nifty on Friday reversed their six-session losing streak and rebounded more than 1 per cent on value buying in auto, IT, financial and energy stocks. Better than expected quarterly financial results of corporates also boosted investor sentiments even as uncertainties persisted over the escalating tensions in the Middle East, according to analysts. In a largely range-bound trade, the 30-share BSE Sensex rose 634.65 points or 1.01 per cent to settle at 63,782.80 points.

ISL: NorthEast United hold Mumbai in exciting tie

ISL: NorthEast United hold Mumbai in exciting tie

Rediff.com27 Dec 2021

The result means Mumbai sit at the top of the pile with 16 points from eight games but have drawn after their 0-3 loss to Kerala Blasters. NorthEast United remain ninth having eight points from nine games.

Ceasefire in Gaza is not peace as long as Hamas clings to destruction: Biden

Ceasefire in Gaza is not peace as long as Hamas clings to destruction: Biden

Rediff.com19 Nov 2023

Biden also called for Israel to respect humanitarian law and minimise the loss of civilian life, saying he counselled Israeli officials during his trip to Tel Aviv "against letting their hurt and rage mislead them into making mistakes we ourselves have made in the past."

How To Deal With Rising Rents

How To Deal With Rising Rents

Rediff.com19 Feb 2024

While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.