News for 'Oil Wells'

India reacts to US' 500% tariffs bill for buying Russian oil

India reacts to US' 500% tariffs bill for buying Russian oil

Rediff.com9 Jan 2026

India is closely monitoring developments related to a proposed American legislation that seeks to impose up to 500 per cent tariff on countries procuring Russian crude oil.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Odisha Recipe: Pratibha's Ghanta Tarkari

Odisha Recipe: Pratibha's Ghanta Tarkari

Rediff.com8 Apr 2026

Ghanta Tarkari is a classic Odia dish prepared using a mix of seasonal vegetables, often cooked in large batches and shared with family and neighbours.

SEE: Massive fire rages at Assam oil well

SEE: Massive fire rages at Assam oil well

Rediff.com9 Jun 2020

The blaze at the Oil India Ltd's oil well is so massive that it can be seen from a distance of more than two kilometres, eyewitnesses said.

Recipe: Chef Varun's Homestyle Prawn Curry

Recipe: Chef Varun's Homestyle Prawn Curry

Rediff.com24 Mar 2026

Chef Varun Inamdar incorporates millets in a coastal Homestyle Prawn Curry.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

Bikaner's Bhujia, Papad Exports Hit by West Asia Conflict

Bikaner's Bhujia, Papad Exports Hit by West Asia Conflict

Rediff.com4 Apr 2026

The ongoing conflict in West Asia is severely disrupting Bikaner's food exports, causing delays, rising costs, and impacting the supply of popular snacks like bhujia and papad to Gulf and European markets.

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rediff.com10 Apr 2026

The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.

Iran offers 'new proposal' to US to end war, reopen Hormuz

Iran offers 'new proposal' to US to end war, reopen Hormuz

Rediff.com27 Apr 2026

In a significant diplomatic manoeuvre aimed at de-escalating regional tensions, Iran has reportedly submitted a "new proposal" to the United States through Pakistani intermediaries.

Gas leak at Andhra ONGC well triggers fire, 3 villages evacuated

Gas leak at Andhra ONGC well triggers fire, 3 villages evacuated

Rediff.com6 Jan 2026

Following the gas leak and the subsequent fire, senior officials of the Oil and Natural Gas Corporation (ONGC) from Rajahmundry rushed to Mori village, where the blaze broke out at Well Mori-5, the official said.

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

Rediff.com23 Mar 2026

Two more Indian-flagged LPG tankers have begun their journey from the Persian Gulf, navigating the Strait of Hormuz amidst regional conflict, following disruptions caused by recent tensions in the Middle East.

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Rediff.com17 Apr 2026

The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.

ONGC takes over Andhra gas well blaze, finalises control plan

ONGC takes over Andhra gas well blaze, finalises control plan

Rediff.com6 Jan 2026

The ONGC expert teams are arriving from Mumbai and Delhi to douse the gas well blaze in Mori in Dr B R Ambedkar Konaseema district of Andhra Pradesh, an official said on Tuesday.

Will Riyan Parag Rise To The Challenge Against Punjab Kings?

Will Riyan Parag Rise To The Challenge Against Punjab Kings?

Rediff.com27 Apr 2026

Riyan Parag needs to lead from the front as Rajasthan Royals face a strong Punjab Kings side in their Indian Premier League match. Punjab Kings have been consistent, while the Royals have lost momentum after a strong start.

US Needs Iran Back At The Table FAST!

US Needs Iran Back At The Table FAST!

Rediff.com17 Apr 2026

The question is whether the clocks allow enough time for two deeply mistrustful sides to get there, and whether the surface calm holds long enough for the paddling to produce something before the ceasefire ends on April 22, notes Prem Panicker in his must read blog on the Iran War.

Strong outlook may sustain valuations for Godrej Consumer

Strong outlook may sustain valuations for Godrej Consumer

Rediff.com15 Apr 2026

Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.

Modi appeals to people to take 9 Pledges on health, nature, others

Modi appeals to people to take 9 Pledges on health, nature, others

Rediff.com15 Apr 2026

Prime Minister Narendra Modi has called on the people of Karnataka to commit to nine pledges focused on sustainability, health, and local empowerment to drive development in the state and across India.

Recipe: Chef Nabar's Bisi Bele Bhaat

Recipe: Chef Nabar's Bisi Bele Bhaat

Rediff.com25 Mar 2026

Bisi Bele Bhaat, the traditional Indian one-pot meal that is the Southern answer to Khichdi, combines rice, lentils, vegetables, spices.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Elevated Energy Prices May Influence India's FY27 Fiscal Position: Icra

Elevated Energy Prices May Influence India's FY27 Fiscal Position: Icra

Rediff.com27 Mar 2026

Elevated global crude oil and natural gas prices, driven by geopolitical developments in West Asia, could significantly influence the Government of India's fiscal position for 2026-27, according to a report by ratings agency Icra.

No hike in fuel prices; over 10K PNG connections added daily: Govt

No hike in fuel prices; over 10K PNG connections added daily: Govt

Rediff.com27 Mar 2026

The petroleum ministry on Friday reaffirmed the government's commitment to maintaining stable petrol and diesel prices, despite India's high dependence on imports.

Sensex tanked 2,497 points, its biggest single-day plunge since June 2024

Sensex tanked 2,497 points, its biggest single-day plunge since June 2024

Rediff.com19 Mar 2026

Indian stock market indices Sensex and Nifty experienced a significant drop in early trade, reversing a three-day rally. The decline was triggered by a sharp increase in crude oil prices, weak global market trends, and continuous outflows of foreign funds.

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.

Truth About Mustard Oil: Health Gains & Side Effects Explained

Truth About Mustard Oil: Health Gains & Side Effects Explained

Rediff.com10 Dec 2025

Everything tastes better with a little mustard. But how does your body feel about mustard oil?

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Rediff.com8 Apr 2026

Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).

Rupee Jumps After RBI Curbs on Banks: A Detailed Analysis

Rupee Jumps After RBI Curbs on Banks: A Detailed Analysis

Rediff.com2 Apr 2026

The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.

Gulf War: Stocks That Could Buck The Trend And Shine

Gulf War: Stocks That Could Buck The Trend And Shine

Rediff.com14 Apr 2026

10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.

Don't Expect Too Much From Islamabad Summit

Don't Expect Too Much From Islamabad Summit

Rediff.com10 Apr 2026

The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Stock Markets Today: Sensex, Nifty50 in Green Amid Easing Geopolitical Tensions

Stock Markets Today: Sensex, Nifty50 in Green Amid Easing Geopolitical Tensions

Rediff.com17 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

'Just for fun': Trump warns of more strikes on Iran's Kharg Island

'Just for fun': Trump warns of more strikes on Iran's Kharg Island

Rediff.com15 Mar 2026

US President Donald Trump indicated the possibility of further military operations against Iran's Kharg Island, a key oil export hub, claiming previous strikes had significantly damaged its infrastructure.

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com24 Mar 2026

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

US Eyes Iran Assault: High Risks Ahead

US Eyes Iran Assault: High Risks Ahead

Rediff.com6 Apr 2026

Although extensive air attacks have been carried out to destroy most of Iran's defence capabilities, the latter's resilience and sustenance during the war clearly indicate that the US landing force would encounter severe resistance in the operation, explains Commodore Venugopal Vengalil (retd).

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

Allies in India have been good actors: White House

Allies in India have been good actors: White House

Rediff.com11 Mar 2026

The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.

Iran agreed to hand over 'nuclear dust': Trump's big claim

Iran agreed to hand over 'nuclear dust': Trump's big claim

Rediff.com17 Apr 2026

Former US President Donald Trump claimed that Iran has agreed to return its "nuclear dust" to the United States as part of broader assurances not to pursue nuclear weapons. He expressed optimism about ongoing negotiations and a potential deal.

Andhra gas well blaze to be doused in a week: Official

Andhra gas well blaze to be doused in a week: Official

Rediff.com7 Jan 2026

The gas well blaze near the Irusumanda village in Dr B R Ambedkar Konaseema district in Andhra Pradesh will be doused in a week's time, an official said on Tuesday, citing information from ONGC officials.

Delhi Capitals Face Uphill Task Against Punjab Kings

Delhi Capitals Face Uphill Task Against Punjab Kings

Rediff.com24 Apr 2026

Delhi Capitals face a tough challenge against the dominant Punjab Kings in their upcoming IPL match. Delhi's inconsistent batting and fielding woes need immediate addressing to counter Punjab's strong batting lineup and cohesive bowling attack.

No plans for further peace talks with US, says Iran

No plans for further peace talks with US, says Iran

Rediff.com20 Apr 2026

The Iranian Foreign Ministry has stated that Tehran currently has no plans for a subsequent round of negotiations with the United States, according to the state media Tasnim news agency. This announcement comes as international mediators had hoped for a follow-up to the Islamabad talks before the looming ceasefire deadline.

5 Times When Trump Extended His 'Or Else...' Deadline for Iran

5 Times When Trump Extended His 'Or Else...' Deadline for Iran

Rediff.com7 Apr 2026

Each time a deadline almost runs out, President Trump hands out a new one.