News for 'OIL'

Indian Manufacturing Growth Hits Four-Year Low: What's Behind the Slowdown?

Indian Manufacturing Growth Hits Four-Year Low: What's Behind the Slowdown?

Rediff.com2 Apr 2026

India's manufacturing sector growth slowed to a four-year low in March, impacted by cost pressures, competition, market uncertainty, and the Middle East conflict, according to the HSBC India Manufacturing PMI.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com7 Mar 2026

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

'Bridges, power plants': Trump warns of strikes on Iranian infrastructure

'Bridges, power plants': Trump warns of strikes on Iranian infrastructure

Rediff.com3 Apr 2026

United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.

How did India secure Hormuz passage for ships? Jaishankar reveals

How did India secure Hormuz passage for ships? Jaishankar reveals

Rediff.com16 Mar 2026

Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.

Stock Market Today March 24, 2026: Sensex, Nifty50 Surge on US-Iran Relief

Stock Market Today March 24, 2026: Sensex, Nifty50 Surge on US-Iran Relief

Rediff.com24 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Rediff.com19 Mar 2026

Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.

Tamil Nadu polls: AIADMK promises free fridge to voters

Tamil Nadu polls: AIADMK promises free fridge to voters

Rediff.com25 Mar 2026

AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.

'For region to be secure....': Iran urges American exit from West Asia

'For region to be secure....': Iran urges American exit from West Asia

Rediff.com15 Mar 2026

On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.

Need full access to oil, warns Trump as Venezuela seeks cooperation

Need full access to oil, warns Trump as Venezuela seeks cooperation

Rediff.com5 Jan 2026

As Delcy Rodriguez took charge late on Sunday as Venezuela's acting president, United States President Donald Trump issued a sharp warning, saying she must give the US 'total access' or face consequences 'probably worse than Maduro'.

Trump dials Modi, talks focus on keeping Strait of Hormuz open

Trump dials Modi, talks focus on keeping Strait of Hormuz open

Rediff.com24 Mar 2026

Prime Minister Narendra Modi and US President Donald Trump discussed the Middle East crisis, with a focus on the Strait of Hormuz.

US missile strike targets school, homes in Iran: Report

US missile strike targets school, homes in Iran: Report

Rediff.com10 Mar 2026

A United States missile strike has reportedly hit an educational facility in Khomeyn in central Iran, according to a report by Al Jazeera citing Iran's Mehr news agency. The site was identified as the Dr Hafez Khomeyni School.

SEE: First crude tanker reaches India amid Hormuz crisis

SEE: First crude tanker reaches India amid Hormuz crisis

Rediff.com12 Mar 2026

The tanker reportedly switched off its Automatic Identification System (AIS) transponder while navigating the high-risk stretch of the strait and reappeared on tracking systems on March 9.

Ramping up domestic LPG production to ensure supply: Sitharaman

Ramping up domestic LPG production to ensure supply: Sitharaman

Rediff.com17 Mar 2026

Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.

Iran allows Indian ships to pass through Hormuz: Sources

Iran allows Indian ships to pass through Hormuz: Sources

Rediff.com12 Mar 2026

IRGC said vessels seeking to sail through the strategically critical Strait of Hormuz must obtain Iran's approval; otherwise, they could become targets of Iranian attacks.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

Rediff.com27 Mar 2026

India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.

Saini Boosts Haryana's Jind with 253 Crore Development Projects

Saini Boosts Haryana's Jind with 253 Crore Development Projects

Rediff.com5 Apr 2026

Haryana Chief Minister Nayab Singh Saini has launched development projects worth 253 crore in Jind district, focusing on irrigation, infrastructure, health, and water supply.

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Rediff.com5 Apr 2026

Congress leader Rahul Gandhi has accused Assam Chief Minister Himanta Biswa Sarma of corruption and land grabbing, promising action if the Congress party wins the upcoming elections in Assam. Gandhi also criticised the BJP's governance and economic policies.

Downed US pilot hid in mountain crevice, hiked 7,000 feet to evade Iranians for 48 hours

Downed US pilot hid in mountain crevice, hiked 7,000 feet to evade Iranians for 48 hours

Rediff.com5 Apr 2026

A US Air Force officer was rescued from deep inside Iran after his jet was shot down, following a two-day mission involving US Special Operations forces. The officer evaded Iranian forces for over 24 hours, hiding in a mountain crevice and hiking to high altitudes before being rescued.

We are not a dalal nation: Jaishankar at all-party meet

We are not a dalal nation: Jaishankar at all-party meet

Rediff.com26 Mar 2026

The Indian government addressed opposition concerns regarding the West Asia crisis in an all-party meeting, outlining its strategy for ensuring the security of the Indian diaspora, fulfilling energy needs, and maintaining diplomatic relations with key partners. The government also dismissed Pakistan's reported mediation efforts.

5 Times When Trump Extended His 'Or Else...' Deadline for Iran

5 Times When Trump Extended His 'Or Else...' Deadline for Iran

Rediff.com7 Apr 2026

Each time a deadline almost runs out, President Trump hands out a new one.

Gulf War: 'Missiles Flew Past Us'

Gulf War: 'Missiles Flew Past Us'

Rediff.com23 Mar 2026

'We are getting used to the constant alerts to take shelter, listening to sonic booms from jets flying above us, hearing news of neighbouring ports being targeted, and being the only ship in the terminal.'

Will Trump's 5 Day Pause End The War On Friday?

Will Trump's 5 Day Pause End The War On Friday?

Rediff.com24 Mar 2026

'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.

Govt to end LPG supply to households refusing PNG switch

Govt to end LPG supply to households refusing PNG switch

Rediff.com25 Mar 2026

The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.

Iran vows to hit tourist destinations 'beyond' West Asia

Iran vows to hit tourist destinations 'beyond' West Asia

Rediff.com21 Mar 2026

The threat has raised concerns about possible asymmetric attacks outside the region. Iran has also stepped up attacks on energy infrastructure in Gulf countries.

Strait of Hormuz will be opened, but...: Iran's message to Trump

Strait of Hormuz will be opened, but...: Iran's message to Trump

Rediff.com1 Apr 2026

Amidst rising tensions, Iran threatens to close the Strait of Hormuz to those not adhering to its new regulations, signaling a potential escalation in the region's geopolitical landscape and raising concerns about global oil supply routes.

Recipes: Basundi, Mohanthal Ladoo and more

Recipes: Basundi, Mohanthal Ladoo and more

Rediff.com19 Mar 2026

Gudi Padwa recipes for the foodie in you.

Iran imposes 'toll' in Hormuz; India calls it baseless

Iran imposes 'toll' in Hormuz; India calls it baseless

Rediff.com26 Mar 2026

The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.

Iran vows to destroy critical energy infra after Trump's Hormuz deadline

Iran vows to destroy critical energy infra after Trump's Hormuz deadline

Rediff.com22 Mar 2026

His remarks come after Trump warned Iran of severe consequences if it fails to reopen the strategically vital Strait of Hormuz, a key global energy transit route.

Sensex P/E valuations lowest since May '20 amid FPI selloff

Sensex P/E valuations lowest since May '20 amid FPI selloff

Rediff.com6 Apr 2026

The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.

Eid Recipe: Reshma's Quick And Easy Mutton Biryani

Eid Recipe: Reshma's Quick And Easy Mutton Biryani

Rediff.com21 Mar 2026

A celebration of Eid isn't over till the last morsel of that special, home-cooked Mutton Biryani has been had.

Hormuz Closure Puts Gulf Refining At Risk

Hormuz Closure Puts Gulf Refining At Risk

Rediff.com14 Mar 2026

'Refiners may soon be forced to adjust operations, curtailing runs as product exports stall and directing output solely to domestic markets.'

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Rediff.com3 Apr 2026

Suzuki Motorcycle India Ltd (SMIPL) has revised its domestic two-wheeler sales growth estimate for FY27 downwards from 7-8 per cent, citing rising commodity costs due to the ongoing West Asia conflict and its impact on consumer affordability.

Trump livid as NATO allies refuse help on Hormuz Strait

Trump livid as NATO allies refuse help on Hormuz Strait

Rediff.com17 Mar 2026

President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.

Israel agrees to hold off Iran gas field strikes at Trump's 'request'

Israel agrees to hold off Iran gas field strikes at Trump's 'request'

Rediff.com20 Mar 2026

The ongoing conflict involving the United States, Israel, and Iran intensified sharply with attacks on critical energy infrastructure across the Gulf, even as US President Donald Trump said he had cautioned Israeli Prime Minister Benjamin Netanyahu against targeting Iran's key South Pars Gas Field.

How a single diplomatic headline triggers a 1,000-point swing?

How a single diplomatic headline triggers a 1,000-point swing?

Rediff.com12 Mar 2026

In the present hyper-connected world, there are many domestic and global factors that affect financial markets. Of them, the most powerful and often least predictable are geopolitical events, which often boil down to one diplomatic headline.

World Health Day 2026: Indoor Plants That Help You Stay Healthy

World Health Day 2026: Indoor Plants That Help You Stay Healthy

Rediff.com7 Apr 2026

On World Health Day 2026, discover plants that improve health naturally, boost immunity, purify air and enhance well-being. Do read the simple gardening tips as well.

2 more Indian LPG carriers cross Hormuz safely amid tensions

2 more Indian LPG carriers cross Hormuz safely amid tensions

Rediff.com24 Mar 2026

The vessels are carrying around 92,600 metric tonnes of LPG and have 33 and 27 Indian seafarers onboard, respectively. Visuals showed Pine Gas crossing the critical chokepoint.