News for 'Oil India and Oil'

Sensex jumps 487 points on optimism over India-EU FTA

Sensex jumps 487 points on optimism over India-EU FTA

Rediff.com28 Jan 2026

From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.

Sensex tanks 780 points on renewed trade uncertainties

Sensex tanks 780 points on renewed trade uncertainties

Rediff.com8 Jan 2026

From the 30-Sensex firms, Larsen & Toubro, Tech Mahindra, Tata Consultancy Services, Reliance Industries, Tata Steel, and Trent were among the biggest laggards. On the other hand, Eternal, ICICI Bank, Bajaj Finance, and Bharat Electronics were the gainers.

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Rediff.com26 Feb 2026

Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.

'Modi knew I wasn't happy, and...': Trump

'Modi knew I wasn't happy, and...': Trump

Rediff.com5 Jan 2026

United States President Donald Trump has said Prime Minister Narendra Modi 'knew he was not happy' with India's purchases of Russian oil and that Washington, DC can raise tariffs on New Delhi 'very quickly'.

Modi said to me, 'Sir, can I please see you?': Trump

Modi said to me, 'Sir, can I please see you?': Trump

Rediff.com7 Jan 2026

United States President Donald Trump on Tuesday boasted about India-US defence cooperation, claiming that India's order for 68 Apache attack helicopters was delayed by five years and that Prime Minister Narendra Modi personally raised concerns over the long delivery period during a meeting with him.

'First after WWII': US submarine sinks Iranian ship off Sri Lanka

'First after WWII': US submarine sinks Iranian ship off Sri Lanka

Rediff.com4 Mar 2026

At least 101 people are missing and 78 are injured after a suspected submarine attack on an Iranian naval ship off Sri Lanka's southern coast on Wednesday, Reuters quoted sources in Sri Lanka's Navy and defence ministry as saying.

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.'

US LPG pact may shield India from geopolitical shocks

US LPG pact may shield India from geopolitical shocks

Rediff.com26 Nov 2025

India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel.

Russian Oil: India Ignores US Sanctions

Russian Oil: India Ignores US Sanctions

Rediff.com13 Apr 2023

What is more surprising is that a surge in Russian oil supplies has come after the G7 imposed stringent sanctions on Moscow.

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.

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.

Modi 'not that happy with me' because....: Trump

Modi 'not that happy with me' because....: Trump

Rediff.com7 Jan 2026

Trump, delivering remarks at the House GOP Member Retreat, also claimed that "Prime Minister Modi came to see me, 'Sir, may I see you please'. Yes."

ONGC Q1 net profit drops 10% on lower oil prices

ONGC Q1 net profit drops 10% on lower oil prices

Rediff.com13 Aug 2025

State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. The company reported a net profit of Rs 8,024 crore in the first quarter of 2025-26 fiscal year, compared to Rs 8,938 crore earning in the same period last year, a company statement said.

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.

Air India Delhi-Mumbai flight suffers mid-air engine shutdown

Air India Delhi-Mumbai flight suffers mid-air engine shutdown

Rediff.com22 Dec 2025

An Air India Express flight bound for Visakhapatnam was cancelled at Gannavaram Airport due to a technical issue detected before takeoff. Passengers included prominent figures like former Vice President M Venkaiah Naidu.

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.

India bought 112 bn euro worth of Russian oil since Ukraine war

India bought 112 bn euro worth of Russian oil since Ukraine war

Rediff.com6 Mar 2025

India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.

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.

India's biggest oil, gas bid round gets 4 bidders

India's biggest oil, gas bid round gets 4 bidders

Rediff.com23 Sep 2024

India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Rediff.com29 Jan 2026

The value of the rupee, which has slipped to the 92 per dollar mark, does not accurately reflect India's stellar economic fundamentals, the Economic Survey said on Thursday.

Rupee rises 13 paise to close at 90.34 against US dollar

Rupee rises 13 paise to close at 90.34 against US dollar

Rediff.com5 Feb 2026

The rupee appreciated 13 paise to close at 90.34 against the US dollar on Thursday, on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-US trade deal.

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.'

Why Regime Change Hasn't Happened In Iran

Why Regime Change Hasn't Happened In Iran

Rediff.com4 days ago

'Without ground troops the US will not be able to oust the Iranian Islamic regime. Political change does not happen just by using bombs or planes.'

India rebuts Trump aide's 'Modi didn't call' claim; says...

India rebuts Trump aide's 'Modi didn't call' claim; says...

Rediff.com10 Jan 2026

'Incidentally, Prime Minister (Modi) and President Trump have also spoken on the phone on eight occasions during 2025, covering different aspects of our wide-ranging partnership'

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.

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

Rediff.com30 Apr 2024

India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

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.

Bulls prowl D-Street: Benchmarks see best day in over 8 months

Bulls prowl D-Street: Benchmarks see best day in over 8 months

Rediff.com4 Feb 2026

Domestic equities surged on Tuesday, posting their best single-day gains in more than eight months after a long-awaited trade deal between India and the US. The deal, which lowered tariffs on Indian goods to 18 per cent from 50 per cent, significantly improved investor sentiment and lifted a key overhang for the market.

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.

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Rediff.com12 Feb 2026

Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.

No prayer bell, only Jana Gana Mana at this Gujarat factory now

No prayer bell, only Jana Gana Mana at this Gujarat factory now

Rediff.com27 Jan 2026

The idea, Shah explains, was to keep the discipline of a shared start, without asking anyone to participate in a religious act that wasn't theirs. The anthem, he felt, offered a "common minimum" that didn't privilege one faith over another: stand together, start together, get to work.

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.

Lack Of Political Unity Is India's Greatest Challenge

Lack Of Political Unity Is India's Greatest Challenge

Rediff.com6 Feb 2026

'No, India and China were not about to go to all-out war over a few rocks of Galwan.' 'The full picture of what went on at the highest level between two heads of State will not be known for a very, very long time and rightly so,' points out Colonel Anil A Athale, former head of the history division, ministry of defence.

'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.

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

Rediff.com3 Feb 2026

'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

Govt's obesity combat plan: Display oil and sugar in snacks

Govt's obesity combat plan: Display oil and sugar in snacks

Rediff.com14 Jul 2025

The Union health ministry is urging all ministries and departments to display 'oil and sugar boards' in common areas to raise awareness about hidden fats and sugars in everyday foods and promote healthier lifestyles.

Sensex crashes over 1K points on selling in metal, IT stocks

Sensex crashes over 1K points on selling in metal, IT stocks

Rediff.com13 Feb 2026

Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to across-the-board selloff, especially in metal, IT and commodity stocks, tracking sluggish global markets.