News for 'OIL'

2 vessels with 22 Indians on board hijacked off Yemen, Somalia

2 vessels with 22 Indians on board hijacked off Yemen, Somalia

Rediff.com22 Aug 2026

Two commercial vessels, an oil tanker and a cargo ship, carrying a total of 22 Indian nationals, were hijacked by armed pirates in separate incidents off Yemen and Somalia. All Indian crew members on both vessels are reported to be safe, according to the latest information from the shipping ministry and the External Affairs Ministry.

Stock Markets Today: Sensex, Nifty Surge on US-Iran Peace Deal, Low Oil Price

Stock Markets Today: Sensex, Nifty Surge on US-Iran Peace Deal, Low Oil Price

Rediff.com15 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.

India's 13-Tonne Helicopter Gets Engine Boost

India's 13-Tonne Helicopter Gets Engine Boost

Rediff.com27 Aug 2026

'The Aravalli engine will power HAL's upcoming 13-tonne Indian Multi-Role Helicopter and its naval variant, the Deck-Based Multi-Role Helicopter.'

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

Rediff.com30 Aug 2026

Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.

Iran in deep trouble, US military action still on the table: Trump

Iran in deep trouble, US military action still on the table: Trump

Rediff.com28 Aug 2026

US President Donald Trump indicated that American military operations targeting Iran might not have concluded, while firmly rejecting immediate talks with Tehran. He asserted that Iran is facing severe military and economic difficulties and possesses limited capabilities, despite the reopening of the Strait of Hormuz.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Iran vows to 'correct' Trump's Hormuz 'delusions'

Iran vows to 'correct' Trump's Hormuz 'delusions'

Rediff.com19 Aug 2026

Iran has strongly rejected former US President Donald Trump's assertion that the Strait of Hormuz is 'NEW U.S. TERRITORY', with top officials warning that his 'delusions' would be 'corrected' and highlighting the gap between Washington's claims and its actual influence over the strategic waterway.

Don't Fall For NEET-PG Delay Rumours! Board Issues Clarification

Don't Fall For NEET-PG Delay Rumours! Board Issues Clarification

Rediff.com25 Aug 2026

With NEET-PG 2026 scheduled for August 30, online postponement rumours are causing chaos. The National Board of Examinations in Medical Sciences (NBEMS) slammed social media users spreading fake news, warning that circulating misleading exam updates could trigger strict legal action. They advised candidates to trust official announcements only.

Rubio signals early end to Russian oil waivers as US tightens sanctions

Rubio signals early end to Russian oil waivers as US tightens sanctions

Rediff.com3 Jun 2026

US Secretary of State Marco Rubio on Tuesday said the United States would prefer to end its extension of waivers on Russian oil "as soon as possible", while noting that such decisions ultimately rest with the US Treasury Department.

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

Rediff.com14 Aug 2026

India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.

Will continue purchasing Russian oil regardless of...: India

Will continue purchasing Russian oil regardless of...: India

Rediff.com18 May 2026

India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com2 Sep 2026

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

Air India sacks pilot of Phuket flight hours after AIIB report

Air India sacks pilot of Phuket flight hours after AIIB report

Rediff.com4 Sep 2026

An Air India Airbus A320 experienced a near-simultaneous loss of all three hydraulic systems at 36,000 feet on a Phuket-Delhi flight, injuring 24 people. The pilot-in-command was subsequently terminated after testing positive for banned psychoactive substances, though the AAIB has not linked this to the technical failure.

Air India Pilot Fails Drug Test Following Mid-Air Hydraulic Failure

Air India Pilot Fails Drug Test Following Mid-Air Hydraulic Failure

Rediff.com4 Sep 2026

An Air India Airbus A320 experienced a near-simultaneous loss of all three hydraulic systems mid-flight, causing an altitude upset and injuring 24 people. A preliminary investigation revealed the pilot-in-command tested positive for a psychoactive substance post-flight, leading to their termination, while the technical aspects of the incident are still under scrutiny.

Abu Dhabi Targets Indian Tourists

Abu Dhabi Targets Indian Tourists

Rediff.com28 Aug 2026

'India was the emirate's largest international source market by hotel guest volume.'

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

Govt adviser bats for E10 petrol to protect older vehicles

Govt adviser bats for E10 petrol to protect older vehicles

Rediff.com17 Aug 2026

A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.

West Asia tensions, crude oil, FII activity to dictate market movement

West Asia tensions, crude oil, FII activity to dictate market movement

Rediff.com7 Jun 2026

Analysts predict that developments in West Asia, their impact on crude oil prices, and the trading activity of foreign institutional investors (FIIs) will be crucial factors influencing the Indian stock market this week.

Recipe: 15-Minute Gobhi Ka Bharta

Recipe: 15-Minute Gobhi Ka Bharta

Rediff.com4 Aug 2026

Cauliflower can be made into a smoky, tasty bharta, with a little roasting and the addition of a few simple ingredients.

US extends waiver on Russian oil amid global crisis

US extends waiver on Russian oil amid global crisis

Rediff.com19 May 2026

The United States has extended a waiver from sanctions on Russian oil already at sea by one month, according to an official statement from the US Department of the Treasury.

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Rediff.com7 Aug 2026

'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'

Stock Markets Today: Sensex, Nifty Surge on Lower Crude Prices, Easing Geopolitical Tensions

Stock Markets Today: Sensex, Nifty Surge on Lower Crude Prices, Easing Geopolitical Tensions

Rediff.com3 Aug 2026

Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Rediff.com12 Aug 2026

India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.

US Senate passes Russia sanctions bill with 100% tariff on India, 4 others

US Senate passes Russia sanctions bill with 100% tariff on India, 4 others

Rediff.com8 Aug 2026

The US Senate has overwhelmingly approved a bill, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which aims to punish Russia and its major petroleum product buyers, including China and India. The legislation allows the US President to impose 100 per cent tariffs on goods from the top five importers of Russian oil and gas, and also extends sanctions on Iran's energy sector. The bill, championed by the late Senator Lindsey Graham, now moves to the House of Representatives for further approval.

The Thukpa Memory I Still Hold Close

The Thukpa Memory I Still Hold Close

Rediff.com14 Aug 2026

Zesty, spicy, tasty recipe to try this monsoon.

US Seizes Oil Tanker Linked To Iran In Indian Ocean

US Seizes Oil Tanker Linked To Iran In Indian Ocean

Rediff.com20 May 2026

The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.

Recipe: Mushroom Risotto With Hazelnut Truffle Crumble

Recipe: Mushroom Risotto With Hazelnut Truffle Crumble

Rediff.com3 Aug 2026

A creamy, earthy risotto elevated with a crunchy, aromatic hazelnut topping.

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Rediff.com3 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Rediff.com23 Aug 2026

Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

Nepal floods: 24 years of memories destroyed in 2 minutes

Nepal floods: 24 years of memories destroyed in 2 minutes

Rediff.com29 Aug 2026

Residents of Galchhi, Nepal, are grappling with the aftermath of devastating flash floods caused by an ice-rock avalanche, which submerged homes and infrastructure within minutes, leaving many to rebuild their lives.

Odisha Police Bust Hashish Oil Manufacturing Operation

Odisha Police Bust Hashish Oil Manufacturing Operation

Rediff.com3 May 2026

Odisha Police seized approximately 800 litres of chemicals and solvents, along with marijuana and hashish oil, from a vehicle in Malkangiri district, thwarting a hashish oil manufacturing operation.

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Rediff.com14 Aug 2026

India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.

FPIs inject Rs 16,621 crore into Indian equities in early August

FPIs inject Rs 16,621 crore into Indian equities in early August

Rediff.com16 Aug 2026

Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.

HC stays FSSAI ban on Dabur's '100%' claim products

HC stays FSSAI ban on Dabur's '100%' claim products

Rediff.com7 Aug 2026

The Delhi High Court has temporarily halted a directive from the Food Safety and Standards Authority of India (FSSAI) that prohibited Dabur India from marketing certain food products with "100 per cent" claims. The court cited a lack of hearing for Dabur before the FSSAI order was issued, granting prima facie relief to the company.

Recipe: Bethica's Thecha Cheese Sandwiches

Recipe: Bethica's Thecha Cheese Sandwiches

Rediff.com11 Aug 2026

Calling all thecha lovers. You will simply love this Thecha Cheese Sandwiches, where the bread slices are stuffed with the very popular Maharashtrian chutney along with cheese and pan grilled.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.