News for 'OIL'

How India-US Trade Deal Finally Shaped Up

How India-US Trade Deal Finally Shaped Up

Rediff.com12 Feb 2026

The turning point came with the appointment of Sergio Gor as the US ambassador to India.

Winter Recipe: Roasted Root Vegetable Soup

Winter Recipe: Roasted Root Vegetable Soup

Rediff.com31 Jan 2026

Nothing uplifts a winter evening like soup.

Rupee falls 31 paisa/$, but sees best week sinse Jan '23

Rupee falls 31 paisa/$, but sees best week sinse Jan '23

Rediff.com6 Feb 2026

The rupee declined 31 paise to settle at 90.65 against the US dollar on Friday, weighed down by geopolitical uncertainties over the US-Iran talks, and a sharp rise in global crude oil prices.

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com21 Feb 2026

India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

Indian officials to visit US for trade deal finalisation

Indian officials to visit US for trade deal finalisation

Rediff.com16 Feb 2026

Indian officials will visit the US to finalise the legal text for an interim trade agreement, expected to be signed in March, focusing on duty concessions and reciprocal tariffs.

India cutting back Russian oil buy 'completely', Trump claims again

India cutting back Russian oil buy 'completely', Trump claims again

Rediff.com26 Oct 2025

US President Donald Trump claimed India will stop buying oil from Russia, while also stating China will cut back substantially. He also discussed the conflict between India and Pakistan, reiterating his claim of helping settle the conflict.

Sensex gains 480 points as investors cheer US SC tariff verdict

Sensex gains 480 points as investors cheer US SC tariff verdict

Rediff.com23 Feb 2026

Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.

'When we looked outside, we saw a missile'

'When we looked outside, we saw a missile'

Rediff.com3 Mar 2026

Indians returning from the Middle East share their experiences of fear and uncertainty as the conflict between the US, Israel, and Iran disrupts travel and daily life, leaving many stranded and facing financial strain.

Govt releases new CPI series; January retail inflation at 2.75%

Govt releases new CPI series; January retail inflation at 2.75%

Rediff.com12 Feb 2026

Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.

Indian runner Pooja Aatmaram banned for evading tests

Indian runner Pooja Aatmaram banned for evading tests

Rediff.com24 Feb 2026

Indian long-distance runner Pooja Aatmaram has been handed a reduced three-year ban by the Athletics Integrity Unit after admitting she fled an in-competition doping test in Mumbai last year.

Recipe: Crispy Mung Dal Bhajiyas

Recipe: Crispy Mung Dal Bhajiyas

Rediff.com2 Feb 2026

A legendary Santa Cruz, Mumbai snack stall continues to win hearts with its hot, fresh Vada Pavs and bhajiyas. Here's a look at the story behind Balaji Vada Pav Corner and a step-by-step recipe for their crunchy Mung Dal Bhajiyas.

Tirupati Laddu Reignites Political Battle In Andhra Pradesh

Tirupati Laddu Reignites Political Battle In Andhra Pradesh

Rediff.com21 Feb 2026

With TDP and YSRCP trying to score political points, the sacred laddu may well create a storm in days to come.

Recipe: Roopa's Vegetable Muffins With Piped Mash

Recipe: Roopa's Vegetable Muffins With Piped Mash

Rediff.com10 Feb 2026

Quite an exotic and fancy-looking vegetable creation by Chef Roopa Nabar.

US U-turn on India trade deal: White House revises fact sheet

US U-turn on India trade deal: White House revises fact sheet

Rediff.com11 Feb 2026

The White House has revised a fact sheet on the interim trade deal between the United States and India, removing the reference to "pulses" from the list of American products on which India would eliminate or reduce tariffs. The revised sheet also changed "committed" to "intends" regarding India's purchase of American products.

Put India-US deal on hold, renegotiate it afresh: Cong to PM

Put India-US deal on hold, renegotiate it afresh: Cong to PM

Rediff.com21 Feb 2026

After the US Supreme Court struck down President Donald Trump's global tariffs, Congress leader Rahul Gandhi accused Prime Minister Narendra Modi of being "compromised", saying his "betrayal" in the India-US interim trade deal stood exposed.

Recipe: Vidhya's Pahadi Jakhiya Alu

Recipe: Vidhya's Pahadi Jakhiya Alu

Rediff.com5 Feb 2026

A traditional pahadi preparation, it uses a Garhwali spice called jakhiya, also called wild mustard or dog mustard, that gives a special kick.

Markets bleed; Sensex tumbles 1,236 pts on selling in RIL, HDFC Bank

Markets bleed; Sensex tumbles 1,236 pts on selling in RIL, HDFC Bank

Rediff.com19 Feb 2026

Benchmark Sensex tumbled 1,236 points or 1.5 per cent while Nifty closed near 25,450 on Thursday following an across-the-board sell-off amid escalating geopolitical tensions between the US and Iran.

Modi Inaugurates Micron Semiconductor Plant in Sanand

Modi Inaugurates Micron Semiconductor Plant in Sanand

Rediff.com28 Feb 2026

Prime Minister Narendra Modi inaugurated Micron Technology's semiconductor plant in Sanand, Gujarat, highlighting India's growing presence in the hardware sector and its strong partnership with the United States in AI and chip technologies.

ONGC, Reliance sign pact for sharing offshore resources

ONGC, Reliance sign pact for sharing offshore resources

Rediff.com28 Jan 2026

In a strategic move to boost offshore energy exploration and operational efficiency, Oil and Natural Gas Corporation Ltd (ONGC) and Reliance Industries Ltd have signed an agreement to share resources such as supply vessels used in finding and producing oil and gas.

'Studying developments': India after US SC verdict on Trump's tariffs

'Studying developments': India after US SC verdict on Trump's tariffs

Rediff.com21 Feb 2026

In a major setback to Trump's pivotal economic agenda for his second term, the US Supreme Court, in a 6-3 verdict written by Chief Justice John Roberts, ruled that the tariffs imposed by the president on nations around the world were illegal.

Sensex closed 283 points higher on buying in bank, metal shares

Sensex closed 283 points higher on buying in bank, metal shares

Rediff.com18 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.

Trump claims India has stopped buying oil from Russia

Trump claims India has stopped buying oil from Russia

Rediff.com18 Oct 2025

US President Donald Trump claims India has significantly reduced and nearly stopped purchasing oil from Russia, citing de-escalation efforts. This follows previous tensions over tariffs and India's energy sourcing.

Bewitched By London's Thumkada

Bewitched By London's Thumkada

Rediff.com11 Feb 2026

Why London keeps calling... And a recipe.

Sensex rebounds, climbs 316 pts; banks, metal stocks shine

Sensex rebounds, climbs 316 pts; banks, metal stocks shine

Rediff.com20 Feb 2026

Stock markets rebounded on Friday with the benchmark Sensex closing higher by 316 points after heavy buying in banking and metal shares amid optimism over trade deal progresses and India's participation in Pax Silica.

Market Guru: 'This Is About Capital Preservation'

Market Guru: 'This Is About Capital Preservation'

Rediff.com18 Feb 2026

'The problem is not just slower growth, but also the quality of growth.'

India will stop buying Russian oil by year end: Trump

India will stop buying Russian oil by year end: Trump

Rediff.com23 Oct 2025

United States President Donald Trump on Wednesday claimed that India will significantly reduce Russian oil imports by year-end, citing Prime Minister Narendra Modi's assurance.

In Hampi: Hanuman Lives Through Ramu

In Hampi: Hanuman Lives Through Ramu

Rediff.com2 Mar 2026

He was enacting and telling stories of none other than Lord Hanuman, the figure, to date, that rules the hearts of the people of Kishkinda or present-day Hampi in the Vijayanagar district of Karnataka.

From 18% to 10%: Trump's new global levy brings relief for India

From 18% to 10%: Trump's new global levy brings relief for India

Rediff.com21 Feb 2026

US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

North East Insurgents Go High-Tech, Boost Arsenal

North East Insurgents Go High-Tech, Boost Arsenal

Rediff.com23 Feb 2026

The same technologies that enable State forces to monitor and strike insurgent camps are now being mirrored by non-State actors with increasing sophistication.

Rupee ends flat at 90.66 against US dollar

Rupee ends flat at 90.66 against US dollar

Rediff.com9 Feb 2026

The rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com25 Feb 2026

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

India-US reschedule meeting on interim trade deal

India-US reschedule meeting on interim trade deal

Rediff.com22 Feb 2026

India and the US have decided to reschedule their meeting to finalize the interim trade pact due to recent developments and implications, including changes in US tariffs.

US Tariff Uncertainty Pauses Trade Talks

US Tariff Uncertainty Pauses Trade Talks

Rediff.com23 Feb 2026

'The contours of the trade deal need to be reworked now.'

Farmer groups slam India-US trade deal, call nationwide strike on Feb 12

Farmer groups slam India-US trade deal, call nationwide strike on Feb 12

Rediff.com8 Feb 2026

Several farmer organisations in India are protesting the proposed India-US trade deal, expressing concerns about its impact on the agriculture sector and demanding the resignation of the Commerce Minister.

Trump raises global tariff from 10% to 15% day after SC ruling

Trump raises global tariff from 10% to 15% day after SC ruling

Rediff.com21 Feb 2026

Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.

Big thanks to President Trump from 1.4 billion Indians: Modi

Big thanks to President Trump from 1.4 billion Indians: Modi

Rediff.com3 Feb 2026

Modi also said that President Trump's leadership is vital for global peace, stability, and prosperity.

India spent 2.5 bn euro to buy Russian oil in Sep

India spent 2.5 bn euro to buy Russian oil in Sep

Rediff.com16 Oct 2025

India, the world's third-largest oil consumer, spent 2.5 billion euro on buying crude oil from Russia in September, 14 per cent less than the previous month, a European think tank said. India remained the second-largest buyer of Russian fossil fuels in September behind China, according to the Centre for Research on Energy and Clean Air (CREA).

'Let's Stop Treating AI Like COVID'

'Let's Stop Treating AI Like COVID'

Rediff.com2 Mar 2026

'It is too early to conclude that there will be a bloodbath, that there will be no jobs, and that there will be civil unrest.' 'Let's calm down.' 'AI is a tool, it is not a weapon, it is not a virus.'