News for 'OIL'

India Relaxes Import Duties on Key Petrochemicals to Stabilise Supply Chains

India Relaxes Import Duties on Key Petrochemicals to Stabilise Supply Chains

Rediff.com2 Apr 2026

The Indian government has waived customs duty on critical petrochemical products until June 30 to ensure supply stability and provide relief to consumers amid disruptions caused by the crisis in West Asia.

Recipe: Ronjita's Keema-Stuffed Mini Idlis

Recipe: Ronjita's Keema-Stuffed Mini Idlis

Rediff.com26 Mar 2026

Soft, bite-sized baby idlis are layered with a spiced minced meat mixture as they steam and the result is a delightful north-South fusion teatime treat.

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.

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

Rediff.com27 Mar 2026

The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Rediff.com1 Apr 2026

Civil Aviation Minister K Rammohan Naidu announced that public sector oil marketing companies will implement a partial and staggered increase in jet fuel prices for domestic airlines, aiming to protect passengers from steep fare hikes.

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rediff.com11 Mar 2026

S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.

Iran war: Another Indian ship sails out of UAE's Fujairah safely

Iran war: Another Indian ship sails out of UAE's Fujairah safely

Rediff.com15 Mar 2026

An Indian-flagged crude tanker safely departed from the UAE's Fujairah after loading oil, despite an attack on the oil terminal. The Indian government is closely monitoring the situation in West Asia to ensure stable fuel supplies and maritime safety.

Clean Energy Jobs To Triple By 2030

Clean Energy Jobs To Triple By 2030

Rediff.com15 Apr 2026

Jobs in the clean-energy sector are projected to reach 905,000, while energy efficiency-related jobs are expected to surge to 428,700 by 2029-2030.

Pakistan hikes fuel price by 200% amid Iran war

Pakistan hikes fuel price by 200% amid Iran war

Rediff.com23 Mar 2026

Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.

Trump signals winding down Iran ops as US sends more troops

Trump signals winding down Iran ops as US sends more troops

Rediff.com21 Mar 2026

In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Rediff.com8 Apr 2026

By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.

Hormuz Crisis Hits India Hard

Hormuz Crisis Hits India Hard

Rediff.com14 Apr 2026

The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.

India's energy security 'bartered' to US influence: Rahul Gandhi

India's energy security 'bartered' to US influence: Rahul Gandhi

Rediff.com12 Mar 2026

Rahul Gandhi accuses the government of compromising India's energy security by allowing the US to dictate oil supply relationships, raising concerns about the impact of global conflicts on India's energy access.

Trump threatens to sink Iranian ships near Hormuz blockade

Trump threatens to sink Iranian ships near Hormuz blockade

Rediff.com14 Apr 2026

In a sharp escalation of regional tensions, US President Donald Trump issued a fresh warning to Tehran on Monday, asserting that the American military is prepared to sink any Iranian vessels that approach the newly established naval blockade in the Strait of Hormuz.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

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.

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Rediff.com8 Apr 2026

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.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Open Strait of Hormuz or...: Trump's 48-hour ultimatum to Iran

Open Strait of Hormuz or...: Trump's 48-hour ultimatum to Iran

Rediff.com22 Mar 2026

Donald Trump has warned Iran to open the Strait of Hormuz within 48 hours or face military action, escalating tensions amid regional conflict and impacting global oil supplies.

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Rediff.com24 Mar 2026

The Haryana government is taking strict measures to combat the black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders. Officials assure citizens of sufficient LPG supply despite global concerns.

Saudi Crude Reaches Mumbai After Risky Strait Of Hormuz Crossing

Saudi Crude Reaches Mumbai After Risky Strait Of Hormuz Crossing

Rediff.com13 Mar 2026

An oil tanker carrying Saudi crude safely reached Mumbai after crossing the war-hit Strait of Hormuz with its tracking system briefly switched off.

Trump warns Iran of 'extremely hard' strikes as US nears endgame

Trump warns Iran of 'extremely hard' strikes as US nears endgame

Rediff.com2 Apr 2026

In his first major national address since hostilities began, Trump said the ongoing military campaign, dubbed 'Operation Epic Fury', has delivered 'swift, decisive, overwhelming victories'.

Iran launches new wave of missiles after US bombs Kharg Island

Iran launches new wave of missiles after US bombs Kharg Island

Rediff.com14 Mar 2026

The incident came shortly after a spokesperson from Iran's military warned that Tehran could target ports and docks in the United Arab Emirates following recent United States strikes on Kharg Island, a key hub for Iran's oil exports.

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rediff.com21 Mar 2026

The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.

'Iran can't have nukes': Trump rejects Tehran proposal, signals tough line

'Iran can't have nukes': Trump rejects Tehran proposal, signals tough line

Rediff.com7 Apr 2026

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.

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com20 Mar 2026

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Govt ready with corrective steps: Union minister on West Asia conflict

Govt ready with corrective steps: Union minister on West Asia conflict

Rediff.com30 Mar 2026

The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.

My Mom Mamta's Easy Dish That'll Make You Love Methi

My Mom Mamta's Easy Dish That'll Make You Love Methi

Rediff.com4 Apr 2026

Some recipes are learned. Some are inherited. And some, like my mother's Methi Lot Waalu Shaak, are lived.

Navy commanders to discuss West Asia crisis impact on energy security

Navy commanders to discuss West Asia crisis impact on energy security

Rediff.com12 Apr 2026

Top commanders of the Indian Navy will discuss the implications of the West Asia crisis on India's energy security and review operational readiness at a three-day conference.

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

Two more Indian LPG tankers transit Hormuz with 94K tonne cooking gas

Two more Indian LPG tankers transit Hormuz with 94K tonne cooking gas

Rediff.com29 Mar 2026

Two more Indian-flagged LPG tankers have safely navigated the Strait of Hormuz, ensuring continued cooking gas supply to India amidst regional conflict. These tankers are expected to reach Indian shores soon, following the successful transit of previous vessels.

Sheena Bora Trial: Do Skeletons Rise?

Sheena Bora Trial: Do Skeletons Rise?

Rediff.com24 Apr 2026

The investigation into Sheena Bora's murder, and, later, the case, leans heavily on the half-burnt body found in rural Maharashtra in 2012. Therefore, the very strange and notable differences -- like the Case Of The Rising Skeleton -- between both postmortems/their reports done on it have a critical bearing.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

'We win regardless...': Trump on US-Iran talks in Islamabad

'We win regardless...': Trump on US-Iran talks in Islamabad

Rediff.com12 Apr 2026

US President Donald Trump expressed confidence in America's position amid US-Iran peace talks in Islamabad, stating that Washington stands to 'win' regardless of a deal.

Manipur violence: 2 kids killed in blast, two shot dead in CRPF camp attack

Manipur violence: 2 kids killed in blast, two shot dead in CRPF camp attack

Rediff.com8 Apr 2026

Two people were killed and five others injured after a mob stormed a CRPF camp in Manipur's Bishnupur district following a protest against a bomb attack that killed two children.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com22 Mar 2026

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

Exit Iran 'Expeditiously': India Issues Fresh Advisory

Exit Iran 'Expeditiously': India Issues Fresh Advisory

Rediff.com8 Apr 2026

The embassy also said that the exit must be undertaken in coordination with the mission.

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Rediff.com10 Apr 2026

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.