News for 'Oil Ministry'

No need to panic, enough LPG supply for homes, says govt

No need to panic, enough LPG supply for homes, says govt

Rediff.com13 Mar 2026

The government has assured citizens that there is no need to panic book LPG cylinders, as uninterrupted supply to households is being ensured despite the ongoing conflict in West Asia.

'US Won't Repeat China Trade Mistake With India'

'US Won't Repeat China Trade Mistake With India'

Rediff.com6 Mar 2026

'India should understand that we are not going to make the same mistakes with India that we made with China 20 years ago.'

Govt bars LPG for households with piped gas connections

Govt bars LPG for households with piped gas connections

Rediff.com15 Mar 2026

India restricts subsidised LPG connections for households with piped natural gas (PNG) to ensure equitable distribution and address global energy supply concerns, pushing for faster PNG adoption.

Iran rejects Trump's talks claim, says US buying time for military plans

Iran rejects Trump's talks claim, says US buying time for military plans

Rediff.com23 Mar 2026

"The US President's statements are within the framework of efforts to reduce energy prices and gain time to implement his military plans," the ministry stated.

Strait of Hormuz shut, 37 Indian-flagged ships stuck

Strait of Hormuz shut, 37 Indian-flagged ships stuck

Rediff.com3 Mar 2026

Dozens of Indian-flagged ships and over a thousand seafarers are stranded in the Persian Gulf, Gulf of Oman, and surrounding areas due to the closure of the Strait of Hormuz amidst ongoing military actions involving the US, Israel, and Iran.

Iran hits American embassy in Riyadh, US pulls staff

Iran hits American embassy in Riyadh, US pulls staff

Rediff.com3 Mar 2026

The US Embassy acknowledged the attack in a post on X, urging Americans to avoid the facility 'until further notice' and announcing that all appointments had been cancelled.

Iran War: Trump Is Notoriously Prone To Mood Swings

Iran War: Trump Is Notoriously Prone To Mood Swings

Rediff.com13 Apr 2026

Chaffing under public ridicule in the US as well as internationally for having 'lost' the war, Trump is under immense pressure to do something, cautions Ambassador M K Bhadrakumar.

Iran war: Fiscal pressures on govt may mount next FY, say experts

Iran war: Fiscal pressures on govt may mount next FY, say experts

Rediff.com19 Mar 2026

Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Rediff.com20 Mar 2026

'Every day the meter is ticking. Like a time bomb.' Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges -- on cargo that sailed before the war began -- as the Strait of Hormuz shuts down.

India grapples with LPG supply crunch, but panic buying eases

India grapples with LPG supply crunch, but panic buying eases

Rediff.com20 Mar 2026

India continues to face LPG supply challenges for the third consecutive week due to disruptions caused by the West Asia conflict, though panic buying is showing signs of easing. The government is prioritising domestic household supplies and encouraging alternative fuel sources.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Govt to end LPG supply to households refusing PNG switch

Govt to end LPG supply to households refusing PNG switch

Rediff.com25 Mar 2026

The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Rediff.com19 Mar 2026

Amidst escalating tensions in West Asia, India strongly condemns the recent attacks on energy infrastructure, warning of further destabilisation to the already uncertain global energy market.

Does The US Plan To Continue This War For 'One Or Two Years'?

Does The US Plan To Continue This War For 'One Or Two Years'?

Rediff.com30 Mar 2026

This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

Thai-flagged ship bound for India attacked in Strait of Hormuz

Thai-flagged ship bound for India attacked in Strait of Hormuz

Rediff.com11 Mar 2026

A Thai cargo vessel was struck by missiles near the Strait of Hormuz, leaving three crew members missing and prompting a rescue operation by the Royal Navy of Oman.

UAE intercepts 165 Iranian missiles, 541 drones; 3 killed

UAE intercepts 165 Iranian missiles, 541 drones; 3 killed

Rediff.com2 Mar 2026

The United Arab Emirates Ministry of Defence has announced that the air force and air defence forces have successfully intercepted a significant number of aerial threats following a large-scale Iranian attack that commenced on February 28.

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Rediff.com11 Apr 2026

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Iran launches fresh strikes on US bases

Iran launches fresh strikes on US bases

Rediff.com7 Mar 2026

The IRGC said the barrage targeted several US military facilities in the region, including bases at Sheikh Isa in Bahrain, Juffair in Bahrain, Ali al-Salem in Kuwait and Al Azraq in Jordan.

Iran claims 'complete control' of Strait of Hormuz

Iran claims 'complete control' of Strait of Hormuz

Rediff.com4 Mar 2026

Iran's Islamic Revolutionary Guard Corps (IRGC) claims control of the Strait of Hormuz and reports striking a US destroyer, escalating tensions in the Middle East following retaliatory strikes between Iran, the US, and Israel.

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

Rediff.com2 Apr 2026

The LPG squeeze on India's restaurant sector is the quotidian face of a deeper crisis.

Will Buy Russian Oil: Sitharaman

Will Buy Russian Oil: Sitharaman

Rediff.com6 Sep 2025

New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.

'Suddenly, LPG Supply Stopped On Sunday'

'Suddenly, LPG Supply Stopped On Sunday'

Rediff.com11 Mar 2026

'Nobody explained why. After that there was panic buying, there was hoarding -- and then nothing reached us.'

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

FTA: No duty cut by India on dairy, rice, wheat, pulses

FTA: No duty cut by India on dairy, rice, wheat, pulses

Rediff.com28 Jan 2026

India has fully protected its sensitive sectors like dairy, rice, wheat, pulses, tea, genetically modified (GM) goods, and coffee by not granting any import duty concessions to the European Union (EU) under the bilateral free trade agreement, according to the Commerce Ministry.

Tax sops: Oil ministry approaches FinMin

Tax sops: Oil ministry approaches FinMin

Rediff.com11 Mar 2008

The finance ministry, in the explanatory memorandum to the Finance Bill 2008-09, proposes to withdraw the tax holiday which has been a window the petroleum ministry has been using to market the oil and gas exploration blocks under the New Exploration and Licensing Policy (Nelp) since 1999. The commitment to give a 7-year tax holiday to companies producing gas from Nelp blocks was finalised by the Union Cabinet after consultation with the finance ministry.

'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.

Is Iran nearing Chinese missile deal as conflict escalates?

Is Iran nearing Chinese missile deal as conflict escalates?

Rediff.com2 Mar 2026

China has denied reports of finalising a deal with Iran to sell CM-302 supersonic anti-ship missiles, amidst rising tensions in the Middle East and joint US-Israeli airstrikes.

Corporate spying: 2 oil ministry staff among 5 held

Corporate spying: 2 oil ministry staff among 5 held

Rediff.com19 Feb 2015

More arrests are likely in this case, being probed by the elite crime branch, in the next couple of days.

India awaits Bangladesh election outcome before addressing issues

India awaits Bangladesh election outcome before addressing issues

Rediff.com13 Feb 2026

India has stated it will wait for the outcome of the elections in Bangladesh and the resulting mandate before addressing any existing issues. The country also affirmed its support for free, fair, inclusive, and credible elections in Bangladesh.

8 Wonderful Iftaar Destinations

8 Wonderful Iftaar Destinations

Rediff.com12 Mar 2026

As the sun sets in a riot of colours during the days of Ramzan, the call to prayer is heard and Indian streets are transformed into places of both faith and feasting.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.

Did Modi really assure Trump on not buying Russian oil? Govt responds

Did Modi really assure Trump on not buying Russian oil? Govt responds

Rediff.com16 Oct 2025

India said it is broad-basing and diversifying sourcing of petroleum product to meet market conditions.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

Trump Won't Decide What Happens Next In The War

Trump Won't Decide What Happens Next In The War

Rediff.com2 Apr 2026

'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'

Day after Trump call, UK weighs 'Octopus' anti-drone shield in Gulf

Day after Trump call, UK weighs 'Octopus' anti-drone shield in Gulf

Rediff.com15 Mar 2026

Specifically, military experts are assessing if the 'Octopus' interceptor anti-drone system, produced in the UK to support Ukraine in countering Russian threats, could be repurposed to strengthen British protections against Iran's Shahed drones.

No phone call between Modi and Trump on Russian oil: MEA

No phone call between Modi and Trump on Russian oil: MEA

Rediff.com17 Oct 2025

India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.

3 Indians among crew on board Russian tanker seized by US

3 Indians among crew on board Russian tanker seized by US

Rediff.com8 Jan 2026

The US Coast Guard seized a Russian oil tanker, the Marinera, in the North Atlantic. The crew includes three Indian citizens. Moscow has protested the seizure, calling it a violation of international maritime law and demanding humane treatment of the crew.

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.

Give HPCL to ONGC, says oil ministry

Give HPCL to ONGC, says oil ministry

Rediff.com18 Sep 2003