News for 'Oil Wells'

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com14 May 2026

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

IPL 2026: Gujarat Titans eye top-two finish as CSK fight for survival

IPL 2026: Gujarat Titans eye top-two finish as CSK fight for survival

Rediff.com20 May 2026

Gujarat Titans, eyeing a top-two finish in the IPL, face Chennai Super Kings, who are struggling to stay in playoff contention. Shubman Gill's form and Rashid Khan's spin will be key for GT, while CSK need their top order to fire to overcome injuries and inconsistent bowling.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Hypertension Day: 10 Foods That Are Bad For Your Heart

Hypertension Day: 10 Foods That Are Bad For Your Heart

Rediff.com17 May 2026

On World Hypertension Day, Dr Anup Taksande, clinical director-cardiology and cardiac interventions at KIMS Hospitals, Thane, explains why you must think twice before reaching out for that pack of chips, sugar-free cereals or instant noodles.

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Rediff.com17 May 2026

Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Rediff.com12 May 2026

US President Donald Trump is set to visit China for talks with President Xi Jinping on trade, global issues, and the Gulf war. The visit aims to address trade frictions and other key issues, with high expectations for progress.

India free to buy oil from any country, says Russia amid US claims

India free to buy oil from any country, says Russia amid US claims

Rediff.com4 Feb 2026

The Kremlin has stated that India is free to purchase oil from any country, dismissing claims that India agreed to reduce Russian oil imports. Russia maintains that energy trade with India benefits both nations and contributes to international energy market stability.

Rupee rises 23 paise to settle at 92.91 against US dollar

Rupee rises 23 paise to settle at 92.91 against US dollar

Rediff.com17 Apr 2026

The Indian rupee appreciated by 23 paise to settle at 92.91 against the US dollar, driven by a weakening American currency, retreating crude oil prices, and renewed foreign institutional investor (FII) inflows amid increasing hopes of easing geopolitical tensions.

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com11 May 2026

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

FMCG firms weigh price hikes as input costs rise

FMCG firms weigh price hikes as input costs rise

Rediff.com6 Apr 2026

Fast-moving consumer goods (FMCG) companies are closely monitoring crude oil prices and considering low single-digit price increases, while consumer durables firms have already begun passing on significant price hikes to consumers due to rising input costs exacerbated by the West Asia conflict.

India has ample buffers to weather headwinds from West Asia conflict: World Bank

India has ample buffers to weather headwinds from West Asia conflict: World Bank

Rediff.com9 Apr 2026

The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.

Two months of West Asia war: Analysts see smallcap's outperformance continuing

Two months of West Asia war: Analysts see smallcap's outperformance continuing

Rediff.com29 Apr 2026

Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.

Easter Recipes: Chicken Bhuna Masala, Mutton Korma

Easter Recipes: Chicken Bhuna Masala, Mutton Korma

Rediff.com4 Apr 2026

Easter celebrations in north Indian Christian households are special in their own way. The reflective period of Lent is followed by joyful, food-rich celebrations with strong community and family bonding.

Stock Markets Today: Sensex, Nifty50 Surge on US-Iran Talk Hopes

Stock Markets Today: Sensex, Nifty50 Surge on US-Iran Talk Hopes

Rediff.com15 Apr 2026

Indian equity benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global market rally and a drop in crude oil prices below USD 100 per barrel, driven by renewed hopes of diplomatic engagement between the US and Iran.

Russia-China to Discuss West Asia Conflict and Strait of Hormuz Blockade

Russia-China to Discuss West Asia Conflict and Strait of Hormuz Blockade

Rediff.com13 Apr 2026

Russian Foreign Minister Sergei Lavrov will visit Beijing to discuss the West Asia conflict, the Strait of Hormuz blockade, and bilateral relations with Chinese leaders.

'Mark Mobius Saw India's Rise Before Other Investors'

'Mark Mobius Saw India's Rise Before Other Investors'

Rediff.com17 Apr 2026

'Mark Mobius's life was dedicated to investing.'

Iran allows 10 Pak-flagged ships through Hormuz Strait as a gift to US: Trump

Iran allows 10 Pak-flagged ships through Hormuz Strait as a gift to US: Trump

Rediff.com27 Mar 2026

Speaking to reporters during a cabinet meeting at the White House on Thursday, Trump said the US had engaged in 'very substantial talks' with Iranian officials and described the tanker movement as proof of seriousness in the discussions.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Don't rush me to end Iran war; won't use nukes: Trump

Don't rush me to end Iran war; won't use nukes: Trump

Rediff.com24 Apr 2026

US President Donald Trump stated he would not set a deadline for ending the conflict with Iran, claiming Iran's military capabilities have been severely weakened. He also said he would not use nuclear weapons and maintained the US has complete control over blockade measures against Iran.

Karwari Recipes: Arati's Tisryachi Ek-Shippi, Ananasache Sasam

Karwari Recipes: Arati's Tisryachi Ek-Shippi, Ananasache Sasam

Rediff.com17 Apr 2026

Karwar, a coastal town in the Uttara Kannada district of Karnataka, is known for its many culinary traditions, reflecting the numerous communities that make this region their home.

West Asia Conflict Deepens India's Economic Challenges

West Asia Conflict Deepens India's Economic Challenges

Rediff.com30 Apr 2026

Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com5 May 2026

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Energy security for 1.4 bn supreme: India refutes Trump's Russian oil claim

Energy security for 1.4 bn supreme: India refutes Trump's Russian oil claim

Rediff.com5 Feb 2026

MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.

Air India adds fuel surcharge, ticket prices set to rise

Air India adds fuel surcharge, ticket prices set to rise

Rediff.com7 Apr 2026

Air India group announces fuel surcharges on domestic and international flights due to rising Aviation Turbine Fuel (ATF) prices, following the government's decision to cap domestic ATF price hikes.

Bengali Recipes: Kolkata Mutton Biryani, Jackfruit Kofta

Bengali Recipes: Kolkata Mutton Biryani, Jackfruit Kofta

Rediff.com10 Apr 2026

Bengali cuisine is known for its delicate balance of flavours, subtle use of spices, and a deep respect for fresh, seasonal ingredients.

War resumes in Middle East? US-Iran trade fire, Trump says ceasefire...

War resumes in Middle East? US-Iran trade fire, Trump says ceasefire...

Rediff.com8 May 2026

US President Donald Trump maintains that the ceasefire with Iran is still in effect despite recent military engagements near the Strait of Hormuz. He also commented on a recent clash where US forces responded to Iranian attacks on US Navy destroyers.

Trump backs bill to 'punish' countries buying Russian oil

Trump backs bill to 'punish' countries buying Russian oil

Rediff.com8 Jan 2026

United States President Donald Trump has backed a sanctions bill that could impose 500 per cent tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.

Amid US blockade of Hormuz, India emphasises safe maritime passage

Amid US blockade of Hormuz, India emphasises safe maritime passage

Rediff.com16 Apr 2026

External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 Apr 2026

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

FMCG firms expect high single-digit growth in Q4FY26

FMCG firms expect high single-digit growth in Q4FY26

Rediff.com4 Apr 2026

Fast-moving consumer goods (FMCG) companies like Dabur India and Marico anticipate high single-digit growth in Q4FY26, driven by strong domestic demand in India, which is helping to offset the negative impact of geopolitical conflicts in West Asia on their international businesses.

Recipe: Vaishali's Stir Fry Veggie One-Pot Meal

Recipe: Vaishali's Stir Fry Veggie One-Pot Meal

Rediff.com15 Apr 2026

A stir-fry with an adequate range and volume of vegetables, that incorporates a little protein, be it paneer or tofu or something else, is a hearty, carb-free meal by itself, that will keep you full for several hours.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com12 May 2026

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

Assam Verdict: Why BJP Won, Congress Lost

Assam Verdict: Why BJP Won, Congress Lost

Rediff.com4 May 2026

'The BJP successfully merged governance with identity. That's a powerful combination in Assam's political context.'

Drones fired at warship, US troops retreat, claims Iran

Drones fired at warship, US troops retreat, claims Iran

Rediff.com20 Apr 2026

Tensions escalate between Iran and the US following an attack on an Iranian commercial vessel in the Sea of Oman, with both sides trading accusations over maritime security and ceasefire violations.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

Trump says his mother had a crush on King Charles amid palpable tension

Trump says his mother had a crush on King Charles amid palpable tension

Rediff.com29 Apr 2026

Despite outward displays of cordiality, a formal visit by King Charles III to the US revealed underlying tensions between the leaders, highlighted by subtle rebukes and contrasting views on key issues.

The Truth About Coconut Oil: 7 Facts

The Truth About Coconut Oil: 7 Facts

Rediff.com16 Dec 2025

Is coconut oil the wonder food it is said to be?