News for 'Oil India and Oil'

Sensex sinks 504 points amid weak global trends

Sensex sinks 504 points amid weak global trends

Rediff.com5 Feb 2026

Benchmark indices Sensex and Nifty ended lower on Thursday, snapping a three-day rally, amid a weak trend in global stock markets.

Sensex surged 2,073 points at close, Nifty ended at 25,728

Sensex surged 2,073 points at close, Nifty ended at 25,728

Rediff.com3 Feb 2026

Stock market benchmark indices Sensex and Nifty ended 2.5 per cent higher 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.

Which Sectors Bore FPI Brunt In 2025?

Which Sectors Bore FPI Brunt In 2025?

Rediff.com23 Jan 2026

FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.

India vs New Zealand T20Is: 'Hardik Pandya showing his class with the ball'

India vs New Zealand T20Is: 'Hardik Pandya showing his class with the ball'

Rediff.com27 Jan 2026

India bowling coach Morne Morkel is delighted to see the way Hardik Pandya is shaping up ahead of the T20 World Cup.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

'Trump risks becoming the President who lost India'

'Trump risks becoming the President who lost India'

Rediff.com11 Dec 2025

The US Representative criticised the administration's new USD 100,000 fee on H-1B visas, observing that Indians hold 70 per cent of these visas and saying the change directly harms workers who have long supported US innovation across technology, science and medicine.

Real friends can disagree: US envoy amid strained India ties

Real friends can disagree: US envoy amid strained India ties

Rediff.com12 Jan 2026

Gor also announced that India will be a member of the Pax Silica alliance.

Stock markets end higher; ITC, banks lead recovery

Stock markets end higher; ITC, banks lead recovery

Rediff.com6 Feb 2026

Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

US sanctions Indian companies over Iran oil trade

US sanctions Indian companies over Iran oil trade

Rediff.com31 Jul 2025

The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.

Rupee ends up 53 paise to 89.67/USD

Rupee ends up 53 paise to 89.67/USD

Rediff.com19 Dec 2025

The rupee appreciated 53 paise to close at 89.67 against the US dollar on Friday, supported by corporate dollar inflows and easing crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels.

India rejects Trump advisor's 'laundromat for Kremlin' remarks

India rejects Trump advisor's 'laundromat for Kremlin' remarks

Rediff.com5 Sep 2025

India has rejected White House Trade advisor Peter Navarro's comments on New Delhi for its procurement of Russian crude oil, calling them 'inaccurate and misleading'. The relations between New Delhi and Washington are on a downturn after President Donald Trump doubled tariffs on Indian goods.

US envoy presents credentials to President Murmu

US envoy presents credentials to President Murmu

Rediff.com14 Jan 2026

US Ambassador to India Sergio Gor presented his credentials to President Droupadi Murmu. The ceremony took place at the Rashtrapati Bhavan. Gor's appointment was confirmed last year, and he previously served as the White House personnel director. He emphasized the importance of India-US relations and ongoing efforts to finalize a trade deal.

How BSE, NSE will likely perform this week

How BSE, NSE will likely perform this week

Rediff.com25 Jan 2026

Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.

Dragged by metal, IT stocks Sensex ends down 297 points

Dragged by metal, IT stocks Sensex ends down 297 points

Rediff.com30 Jan 2026

From the Sensex firms, Tata Steel tanked the most by 4.57 per cent. ICICI Bank, Power Grid, HCL Tech, Tech Mahindra, Infosys and Kotak Mahindra Bank were also among the laggards. Mahindra & Mahindra, State Bank of India, ITC and Bharat Electronics were among the gainers.

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com5 Jan 2026

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

India, UAE seal defence pact, set $200 bn trade target

India, UAE seal defence pact, set $200 bn trade target

Rediff.com20 Jan 2026

Under the defence partnership, India and the UAE are eyeing defence industrial collaboration and cooperation in advanced technologies, cyberspace training, special operations, interoperability of their militaries and counter terrorism.

GST 2.0: Soaps, coffee, biscuits, oil to be cheaper from Monday

GST 2.0: Soaps, coffee, biscuits, oil to be cheaper from Monday

Rediff.com21 Sep 2025

Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.

Heavy sell-off in IT counters; Sensex ends up 79 points

Heavy sell-off in IT counters; Sensex ends up 79 points

Rediff.com4 Feb 2026

Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets.

Sensex bounces back on buying in metal, bank stocks

Sensex bounces back on buying in metal, bank stocks

Rediff.com27 Jan 2026

Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.

Congress calls Indo-US trade pact a 'surrender'

Congress calls Indo-US trade pact a 'surrender'

Rediff.com7 Feb 2026

The Congress party has criticized the Indo-US trade agreement, calling it a 'surrender' of India's self-esteem and interests, and a betrayal of Indian farmers and MSMEs.

Left parties: US attack on Venezuela 'act of international terrorism'

Left parties: US attack on Venezuela 'act of international terrorism'

Rediff.com3 Jan 2026

Left parties on Saturday denounced the United States for attacking Venezuela and capturing its President Nicholas Maduro, with Communist Party of India-Marxist general secretary M A Baby terming the nighttime military action an 'act of international terrorism by US-led imperialism'.

He didn't even know why he got it: Trump questions Obama's Nobel again

He didn't even know why he got it: Trump questions Obama's Nobel again

Rediff.com12 Jan 2026

Trump also said that Prime Minister of Pakistan Shehbaz Sharif, who had visited the White House last year, credited him for saving millions of lives by stopping the conflict between the two nuclear-armed neighbours.

US sanctions Indian national for shipping Iranian oil

US sanctions Indian national for shipping Iranian oil

Rediff.com11 Apr 2025

The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.

US lawmakers move resolution to end Trump tariffs on India

US lawmakers move resolution to end Trump tariffs on India

Rediff.com13 Dec 2025

Representatives Deborah Ross of North Carolina, Marc Veasey of Texas and Raja Krishnamoorthi of Illinois introduced the resolution on Friday in the House of Representatives to terminate Trump's national emergency authorising tariffs of up to 50 per cent on imports from India, helping to restore Congress' constitutional authority over trade.

Sensex down 376 points on selling in RIL, HDFC Bank

Sensex down 376 points on selling in RIL, HDFC Bank

Rediff.com6 Jan 2026

Reliance Industries cracked 4.42 per cent, while ITC, Kotak Mahindra Bank, InterGlobe Aviation, and HDFC Bank were also among the laggards. However, ICICI Bank, Sun Pharma, Hindustan Unilever, and State Bank of India were among the gainers.

8 key infra sectors record 4-month high growth at 3.7% in December

8 key infra sectors record 4-month high growth at 3.7% in December

Rediff.com20 Jan 2026

India's eight key infrastructure sectors registered a four-month high growth rate of 3.7 per cent in December last year, driven by a jump in the output of fertiliser and cement, according to official data released on Tuesday.

Recipe: Palak Paneer With A Twist!

Recipe: Palak Paneer With A Twist!

Rediff.com16 Jan 2026

A rustic spin on your favourite Palak Paneer.

China hails Putin's India visit, calls for closer trilateral ties

China hails Putin's India visit, calls for closer trilateral ties

Rediff.com8 Dec 2025

China has reacted positively to Russian President Vladimir Putin's visit to India, emphasizing the importance of trilateral ties between China, Russia, and India for regional and global peace and stability.

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

Rediff.com25 Feb 2025

India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 billion euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said. India, which has traditionally sourced its oil from the Middle East, began importing a large volume of oil from Russia soon after the invasion of Ukraine in February 2022.

India's oil demand likely to jump 8% in 2022

India's oil demand likely to jump 8% in 2022

Rediff.com17 Mar 2022

The Organization of Petroleum Exporting Countries (OPEC) in its latest monthly oil market report projected the world's third-biggest energy consumer to add 0.39 million barrels per day (bpd) of crude oil demand in 2022. India's oil demand rose from 4.51 million barrels per day in 2020 to 4.76 million bpd in 2021, recording a 5.61 per cent growth.

Petro exports to US grew in October as other sectors slide

Petro exports to US grew in October as other sectors slide

Rediff.com8 Dec 2025

India's exports to the US contracted 8.6 per cent to $6.3 billion in October, while imports rose 13.9 per cent to $4.5 billion leading to a trade surplus of $1.8 billion during the month.

What Weapons Will Putin Sell India On Rare State Visit?

What Weapons Will Putin Sell India On Rare State Visit?

Rediff.com29 Nov 2025

On the table are additional batches of S-400 surface-to-air missile systems from Russia, which India used with immense success during Operation Sindoor. India could buy at least two squadrons of Su-57 fighter jets plus joint production of S-500 air defence systems.

Sensex sinks below 82K; Nifty ended down 75 points

Sensex sinks below 82K; Nifty ended down 75 points

Rediff.com21 Jan 2026

Stock market benchmarks ended with losses for the third straight session on Wednesday as heightened geopolitical tensions, weak global peers and persistent foreign fund outflows unnerved investors.

'Unjustified': Russia slams Trump tariffs, backs India

'Unjustified': Russia slams Trump tariffs, backs India

Rediff.com20 Aug 2025

A senior Russian diplomat has called the US pressure on India for its procurement of Russian crude oil "unjustified," expressing confidence in continued energy cooperation between India and Russia despite external pressures.

Why Saudi Arabia Is Livid With The UAE

Why Saudi Arabia Is Livid With The UAE

Rediff.com5 Feb 2026

What began as a mentor-protege relationship between UAE President Mohammed bin Zayed and Saudi Crown Prince Mohammed bin Salman has now evolved into a broader contest over influence, strategy, and leadership in the Middle East, points out Asif Ullah Khan.

'Law of jungle prevails': Cong on US action in Venezuela

'Law of jungle prevails': Cong on US action in Venezuela

Rediff.com4 Jan 2026

The Congress party in India has expressed "grave concern" over the US action in Venezuela, stating that settled principles of international law cannot be violated unilaterally. India has also voiced "deep concern" and called for a peaceful resolution through dialogue.

New Zealand's Adithya Counts On CSK Stint To Rattle India

New Zealand's Adithya Counts On CSK Stint To Rattle India

Rediff.com8 Jan 2026

Vellore-born NZ spinner Adithya Ashok keen to put India knowledge to test in ODIs

India to cut direct Russian crude imports from December

India to cut direct Russian crude imports from December

Rediff.com5 Nov 2025

India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

Almost There: India, US Set to Seal Trade Deal

Almost There: India, US Set to Seal Trade Deal

Rediff.com12 Nov 2025

'We are now awaiting a response from the US; they have to get back to us.'