News for 'Oil India'

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Dabur delivers steady Q1 performance, but volume growth and monsoon worries persist

Dabur delivers steady Q1 performance, but volume growth and monsoon worries persist

Rediff.com3 Sep 2026

Dabur India reported a steady performance in Q1 FY27 with 10.6 per cent year-on-year revenue growth, a 12-quarter high, driven by broad-based gains across India and international businesses. However, volume growth, particularly in beverages due to unseasonal rains, and concerns over monsoon impact on rural demand remain key challenges.

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Rediff.com25 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, advanced for the second consecutive day, driven by softening crude oil prices and a positive trend in global markets. Despite some profit-taking in IT and metal shares, auto stocks outperformed, contributing to the overall gains.

Sensex, Nifty end down amid rising crude price; Tata Group stock under pressure

Sensex, Nifty end down amid rising crude price; Tata Group stock under pressure

Rediff.com12 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.

August Sees Record IPO Activity Despite Benchmark Index Declines

August Sees Record IPO Activity Despite Benchmark Index Declines

Rediff.com1 Sep 2026

August 2026 witnessed a significant surge in India's primary market, with 21 mainboard initial public offerings (IPOs) raising approximately 21,000 crore, marking the highest monthly deal count of the year, even as benchmark indices experienced declines.

British parentage, Indian ownership: The Royal Enfield Story

British parentage, Indian ownership: The Royal Enfield Story

Rediff.com4 Sep 2026

"When Royal Enfield turned 100, we were struggling for survival"

Justice Mishra sworn in as Chief Justice despite Mann govt's objections

Justice Mishra sworn in as Chief Justice despite Mann govt's objections

Rediff.com8 Sep 2026

Justice Ashwani Kumar Mishra was sworn in as the Chief Justice of the Punjab and Haryana High Court, despite strong objections from the Punjab government. The Mann government claimed the appointment bypassed constitutional norms and procedures, leading to a political tussle with the Centre, which defended the process.

Hormuz Closure Tests India's Energy Security

Hormuz Closure Tests India's Energy Security

Rediff.com13 Jul 2026

'Energy prices would shoot up with the closure of Hormuz again.'

Stock markets today: Sensex, Nifty down on US-Iran tensions, oil price

Stock markets today: Sensex, Nifty down on US-Iran tensions, oil price

Rediff.com11 Jun 2026

Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.

Abu Dhabi Targets Indian Tourists

Abu Dhabi Targets Indian Tourists

Rediff.com28 Aug 2026

'India was the emirate's largest international source market by hotel guest volume.'

Global Equities Face Correction Risk as Treasury Yields Climb

Global Equities Face Correction Risk as Treasury Yields Climb

Rediff.com3 Sep 2026

Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

Rediff.com30 Aug 2026

Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Rediff.com17 Jun 2026

Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com18 Aug 2026

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

Govt adviser bats for E10 petrol to protect older vehicles

Govt adviser bats for E10 petrol to protect older vehicles

Rediff.com17 Aug 2026

A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.

ONGC's Q1 net profit more than doubles to 17,034 crore on strong crude prices

ONGC's Q1 net profit more than doubles to 17,034 crore on strong crude prices

Rediff.com5 Aug 2026

State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Rediff.com7 Aug 2026

'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'

2 vessels with 22 Indians on board hijacked off Yemen, Somalia

2 vessels with 22 Indians on board hijacked off Yemen, Somalia

Rediff.com22 Aug 2026

Two commercial vessels, an oil tanker and a cargo ship, carrying a total of 22 Indian nationals, were hijacked by armed pirates in separate incidents off Yemen and Somalia. All Indian crew members on both vessels are reported to be safe, according to the latest information from the shipping ministry and the External Affairs Ministry.

Stock Markets Today: Sensex, Nifty Down on High Crude Prices

Stock Markets Today: Sensex, Nifty Down on High Crude Prices

Rediff.com12 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

If India Becomes A Doormat, The US Will Tread On It

If India Becomes A Doormat, The US Will Tread On It

Rediff.com23 Jul 2026

The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Rediff.com28 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

Rediff.com1 May 2026

Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

'To ease pressure': Trump on Russian oil waiver to India

'To ease pressure': Trump on Russian oil waiver to India

Rediff.com8 Mar 2026

When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

US extends waiver on Russian oil amid global crisis

US extends waiver on Russian oil amid global crisis

Rediff.com19 May 2026

The United States has extended a waiver from sanctions on Russian oil already at sea by one month, according to an official statement from the US Department of the Treasury.

59 India-Bound Vessels Transited Hormuz Since War

59 India-Bound Vessels Transited Hormuz Since War

Rediff.com22 Jul 2026

India has successfully evacuated 59 vessels, including 23 Indian-flagged and 36 foreign-flagged ships carrying cargo for India, from the Strait of Hormuz since March 1, 2026, amid fresh attacks and declining shipping traffic, Shipping Minister Sarbananda Sonowal informed the Rajya Sabha.

US to end Russia, Iran oil waiver; India to feel heat

US to end Russia, Iran oil waiver; India to feel heat

Rediff.com16 Apr 2026

The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Rediff.com12 Aug 2026

India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Rediff.com14 Aug 2026

India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Rediff.com10 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant spike in crude oil prices, driven by escalating geopolitical uncertainties, despite positive cues from Asian and US markets.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

India's Core Infrastructure Output Jumps 5% in June, Driven by Cement, Electricity

India's Core Infrastructure Output Jumps 5% in June, Driven by Cement, Electricity

Rediff.com20 Jul 2026

India's nine core infrastructure sectors recorded a five-month high production growth of 5 per cent in June, primarily boosted by significant increases in the output of cement, electricity, and the newly added iron ore, despite declines in crude oil, natural gas, refinery products, and fertiliser.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

HC stays FSSAI ban on Dabur's '100%' claim products

HC stays FSSAI ban on Dabur's '100%' claim products

Rediff.com7 Aug 2026

The Delhi High Court has temporarily halted a directive from the Food Safety and Standards Authority of India (FSSAI) that prohibited Dabur India from marketing certain food products with "100 per cent" claims. The court cited a lack of hearing for Dabur before the FSSAI order was issued, granting prima facie relief to the company.

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.