News for 'Oil India and Oil'

Suryakumar Yadav Lauds Comfortable Equation with Coach Gautam Gambhir

Suryakumar Yadav Lauds Comfortable Equation with Coach Gautam Gambhir

Rediff.com5 days ago

Suryakumar Yadav discusses his successful partnership with head coach Gautam Gambhir, highlighting their shared understanding and mutual respect, which has led to significant success for the Indian T20 team.

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.

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

Sri Lanka Completes Post-Mortem on Iranian Sailors After Frigate Sinking

Sri Lanka Completes Post-Mortem on Iranian Sailors After Frigate Sinking

Rediff.com6 Mar 2026

Sri Lanka has completed the post-mortem examination of Iranian sailors recovered from the frigate IRIS Dena, which allegedly sank after a US submarine attack. Eighty of the 84 bodies have been identified by survivors, and an opposition protest was held against military aggression against Iran.

MEA voices concern over situation in West Asia, silent on Khamenei killing

MEA voices concern over situation in West Asia, silent on Khamenei killing

Rediff.com3 Mar 2026

Amidst escalating tensions in West Asia, India voices strong concerns over the safety of its nationals and the potential disruption to energy supplies, urging dialogue and diplomacy for a swift resolution.

Formula 1 set for India comeback!

Formula 1 set for India comeback!

Rediff.com2 Feb 2026

The Sports Ministry is keen to bring Formula 1 back to the Buddh International Circuit in Noida in the near future.

India, US to sign interim trade deal in March: Goyal

India, US to sign interim trade deal in March: Goyal

Rediff.com20 Feb 2026

Commerce and Industry Minister Piyush Goyal announced that an interim trade agreement between India and the US is likely to be signed in March and operationalised in April, with chief negotiators meeting in Washington to finalize the details.

India clarifies stance on proposed interim trade pact with US

India clarifies stance on proposed interim trade pact with US

Rediff.com13 Feb 2026

India has clarified its position on the proposed interim trade agreement with the US, stating that the joint statement remains the basis for mutual understanding. Amendments to a White House fact sheet reflect shared understandings, with both sides working towards finalizing the agreement.

LPG crisis: Restaurants cut menu, increase prices

LPG crisis: Restaurants cut menu, increase prices

Rediff.com2 hours ago

Indian eateries are adapting to the LPG crisis by cutting menus, increasing prices, and switching to alternative fuels like coal, as LPG supplies are disrupted due to global events. State authorities are cracking down on hoarding and black marketing of LPG cylinders.

India, Oman trade pact: Agri items, gold, silver, footwear excluded

India, Oman trade pact: Agri items, gold, silver, footwear excluded

Rediff.com18 Dec 2025

India has protected the interest of domestic farmers and MSMEs by not extending any duty concessions on products across several sectors, including agricultural items such as dairy, as well as chocolates, gold, silver, jewellery, footwear, and sports goods, under the trade pact with Oman.

Trump claims India may exit Russian oil trade; New Delhi says no such move

Trump claims India may exit Russian oil trade; New Delhi says no such move

Rediff.com2 Aug 2025

On Friday, during the weekly media briefing, MEA spokesperson Randhir Jaiswal, when asked about media reports that some Indian oil companies have stopped taking oil from Russia, had said India has made clear its approach on the issue.

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Rediff.com21 Feb 2026

The ruling is expected to have wide-ranging consequences for global trade, businesses, consumers, inflation trends and household finances across the country.

India's trade deficit widens to 3-month high of $34.68 bn

India's trade deficit widens to 3-month high of $34.68 bn

Rediff.com16 Feb 2026

The country's exports rose marginally by 0.61 per cent to $36.56 billion in January, while trade deficit widened to a three-month high of $34.68 billion, government data showed on Monday.

75 Years Apart: Nehru's Caution Vs Modi's Conviction

75 Years Apart: Nehru's Caution Vs Modi's Conviction

Rediff.com26 Feb 2026

India and Israel share a deep historical bond, and Prime Minister Modi's visit to the Knesset marked a bold shift from past diplomatic hesitation to open strategic partnership.

What is India-US interim trade deal all about. Here are the details

What is India-US interim trade deal all about. Here are the details

Rediff.com7 Feb 2026

US and India will promptly implement this framework and work towards finalising the interim agreement with a view to concluding a mutually beneficial bilateral trade agreement.

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.

Good upside seen in Oil India stock

Good upside seen in Oil India stock

Rediff.com28 Feb 2023

Notwithstanding the windfall tax placing a cap on profits, oil and gas producers like Oil India (OIL) and Oil and Natural Gas Corporation (ONGC) have done well in the October-December quarter (third quarter, or Q3) of 2022-23 (FY23). ONGC faces the drag of poor results from its subsidiary Hindustan Petroleum Corporation, and in comparative terms, OIL is better off. Standalone net sales in Q3FY23 stood at Rs 5,900 crore - up 57 per cent year-on-year (YoY), up 2 per cent quarter-on-quarter (QoQ).

Gold, Silver Surge Pushes Jan Import Bill Up

Gold, Silver Surge Pushes Jan Import Bill Up

Rediff.com19 Feb 2026

Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.

Switch To LNG May Save India $1 Bn

Switch To LNG May Save India $1 Bn

Rediff.com2 Jan 2026

India could save $1 billion in crude oil imports annually if the country switches 10 per cent of its diesel usage in the transport sector to liquefied natural gas.

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.

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

Rediff.com3 days ago

The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.

Mohamed Nasheed: Democratic Institutions, Not Bombing, Can Bring Change

Mohamed Nasheed: Democratic Institutions, Not Bombing, Can Bring Change

Rediff.com2 days ago

Former Maldives President Mohamed Nasheed advocates for building democratic institutions over military intervention in resolving international conflicts, particularly in the context of the escalating West Asia crisis. He also discusses the impact of the conflict on the Maldives' tourism-dependent economy and calls for a stronger, more understanding India in the Indian Ocean Region.

Kinsale, Carrigaline & Stuffed Eggplant

Kinsale, Carrigaline & Stuffed Eggplant

Rediff.com18 Feb 2026

Taking in wonderful new sights and places is also an opportunity to sample new food, which is what makes travel doubly memorable.

IndiGo stock may face more downgrades due to Middle East crisis

IndiGo stock may face more downgrades due to Middle East crisis

Rediff.com2 days ago

IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).

Markets cheer India-US trade deal: Sensex jumped over 3K points

Markets cheer India-US trade deal: Sensex jumped over 3K points

Rediff.com3 Feb 2026

Stock market benchmark indices Sensex and Nifty surged in early trading session on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.

'Taliban Has Been Giving Pakistan Army Hell'

'Taliban Has Been Giving Pakistan Army Hell'

Rediff.com2 Mar 2026

'We need to give Pakistan something serious to think about on its eastern front -- that is the only way to actually help Afghanistan right now.'

'Personal Milestones Mean Nothing': Gambhir After T20 WC Win

'Personal Milestones Mean Nothing': Gambhir After T20 WC Win

Rediff.com5 days ago

Gautam Gambhir says individual milestones don't matter and urges focus on trophies after India's T20 World Cup triumph over New Zealand.

New deal will export more American farm products to India: US leaders

New deal will export more American farm products to India: US leaders

Rediff.com3 Feb 2026

Trump announced that India and the US agreed to a trade deal under which Washington will charge a reduced reciprocal tariff on Delhi, lowering it from 25 per cent to 18 per cent.

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.

Indian envoy sought relief from tariffs: US Senator

Indian envoy sought relief from tariffs: US Senator

Rediff.com5 Jan 2026

United States Senator Lindsey Graham on Sunday claimed that Indian Ambassador to the US Vinay Mohan Kwatra spoke to him last month about India buying less Russian oil and asked him to tell President Donald Trump to relieve the 25 per cent tariff.

US penalty risk on Russian oil may add $9-11 bn to India's import bill

US penalty risk on Russian oil may add $9-11 bn to India's import bill

Rediff.com3 Aug 2025

India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Rediff.com25 Feb 2026

Indian equities on Dalal Street saw volatility. Track Sensex, Nifty50 movement and key market drivers for Feb 25, 2026.

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.

Sri Lanka recovers bodies of 80 Iranian sailors killed in US strike

Sri Lanka recovers bodies of 80 Iranian sailors killed in US strike

Rediff.com4 Mar 2026

The Sri Lanka Navy rescued 32 Iranian sailors from a sinking naval ship off the southern coast, while also recovering several bodies. The incident occurred outside Sri Lankan waters but within its search and rescue zone.

Explained: How FTA with EU will help boost India's exports

Explained: How FTA with EU will help boost India's exports

Rediff.com28 Jan 2026

India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA).

FMCG growth slows in Q3 as GST transition impacts pricing

FMCG growth slows in Q3 as GST transition impacts pricing

Rediff.com6 Mar 2026

A NielsenIQ report indicates that the FMCG industry's sales growth moderated to 7.8% in the December quarter of 2025, with volume growth also dipping due to GST rationalisation and a high base from the previous year's festival season.

Trump announces trade deal after call with Modi, cuts tariffs

Trump announces trade deal after call with Modi, cuts tariffs

Rediff.com3 Feb 2026

India and the US have agreed to a trade deal that will see Washington reduce reciprocal tariffs on Indian goods from 25% to 18%, according to US President Donald Trump. The deal also includes commitments from India to reduce tariffs and non-tariff barriers against the US and to increase purchases of American products.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com5 days ago

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Russian Oil: India Beats China In February

Russian Oil: India Beats China In February

Rediff.com15 Mar 2023

India was the world's biggest importer of Russian oil in February, exceeding China by 20 million barrels.

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.