News for 'Oil Wells'

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Rediff.com16 Mar 2026

Amid escalating tensions with Iran, President Trump is urging nations dependent on Middle Eastern oil to deploy warships to the Strait of Hormuz to safeguard critical global energy supplies.

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

Rediff.com15 Apr 2026

Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

'They sought time': Trump extends pause on Iran strikes for 10 days

'They sought time': Trump extends pause on Iran strikes for 10 days

Rediff.com27 Mar 2026

In a post on Truth Social, Trump said the decision followed a request from the Iranian government and added that talks between the two sides were 'going very well'.

China, Pakistan unveil five-point peace plan for West Asia

China, Pakistan unveil five-point peace plan for West Asia

Rediff.com31 Mar 2026

China and Pakistan have jointly proposed a five-point peace plan to address the ongoing conflict in West Asia, focusing on de-escalation and safe passage through the Strait of Hormuz.

'Big day in Iran': Trump amid claims of 'regime change'

'Big day in Iran': Trump amid claims of 'regime change'

Rediff.com30 Mar 2026

Donald Trump claims the US military decimated Iran's Navy and Air Force, hinting at regime change while Iran accuses the US and Israel of planning a ground invasion.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

US-Iran: The Weekend Has Left The World In A More Dangerous Place

US-Iran: The Weekend Has Left The World In A More Dangerous Place

Rediff.com13 Apr 2026

The ceasefire is still technically holding, to the extent that no overt hostilities have been reported yet, but the rhetoric has hardened dangerously. The week ahead will also clarify whether the Islamabad failure was a negotiating tactic or whether Washington has genuinely locked itself into a position from which the only exits are climb-down, escalation, or the slow bleed of a new status quo that nobody chose and nobody controls. Prem Panicker continues his must read blog on the Iran War.

China, Russia veto Bahrain-backed UN resolution to reopen Hormuz

China, Russia veto Bahrain-backed UN resolution to reopen Hormuz

Rediff.com8 Apr 2026

Russia and China vetoed a Bahrain-backed UN resolution aimed at reopening the Strait of Hormuz. A resolution that was already diluted to secure their abstentions.

Recipe: Chef Varun's Ragi Veggie Galettes

Recipe: Chef Varun's Ragi Veggie Galettes

Rediff.com10 Mar 2026

Chef Varun Inamdar creates tasty little baby vegetable cakes or galettes from ragi or finger millets.

Recipes: Basundi, Mohanthal Ladoo and more

Recipes: Basundi, Mohanthal Ladoo and more

Rediff.com19 Mar 2026

Gudi Padwa recipes for the foodie in you.

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

Rediff.com27 Mar 2026

The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.

Eid Recipe: Chef Golam's Whole Wheat Mutton Khichda

Eid Recipe: Chef Golam's Whole Wheat Mutton Khichda

Rediff.com19 Mar 2026

If there is one dish that captures the soul of slow cooking it has to be Khichda, an Eid special for the Bohri community.

Gudi Padwa Recipe: Roopa's Zunka

Gudi Padwa Recipe: Roopa's Zunka

Rediff.com18 Mar 2026

Zunka is festive, quick to rustle up and possesses a homey yumminess. Serve it with bhakris.

Hormuz Blockade Is The New Battlefield

Hormuz Blockade Is The New Battlefield

Rediff.com16 Apr 2026

The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

Trump threatens to bomb Iran as Pakistan pushes for truce extension

Trump threatens to bomb Iran as Pakistan pushes for truce extension

Rediff.com21 Apr 2026

US President Donald Trump threatened to bomb Iran if a deal is not reached before the ceasefire ends, while Pakistan urged both sides to extend the truce and pursue diplomacy.

My Mom Mamta's Easy Dish That'll Make You Love Methi

My Mom Mamta's Easy Dish That'll Make You Love Methi

Rediff.com4 Apr 2026

Some recipes are learned. Some are inherited. And some, like my mother's Methi Lot Waalu Shaak, are lived.

Bhutan: Breathtakingly Beautiful!

Bhutan: Breathtakingly Beautiful!

Rediff.com30 Apr 2026

The first thing you notice about Bhutan is not the mountains, but the silence.

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Rediff.com8 Apr 2026

The fragile ceasefire in West Asia between the US and Iran to halt the hostilities in the region for two weeks faces renewed uncertainty as Tehran reportedly moved to block the strategic Strait of Hormuz once again due to Israel's intensified offensive against Hezbollah in Lebanon, according to Iranian state media Islamic Republic News Agency (IRNA), which US President Trump says was "not included" as part of the ceasefire deal.

Strait of Hormuz will be opened, but...: Iran's message to Trump

Strait of Hormuz will be opened, but...: Iran's message to Trump

Rediff.com1 Apr 2026

Amidst rising tensions, Iran threatens to close the Strait of Hormuz to those not adhering to its new regulations, signaling a potential escalation in the region's geopolitical landscape and raising concerns about global oil supply routes.

Gulf region braces for low-key Eid amid conflict, security concerns

Gulf region braces for low-key Eid amid conflict, security concerns

Rediff.com19 Mar 2026

Citizens and residents across the Gulf region are preparing for Eid amidst regional conflict, impacting festivities and daily life.

Recipe: Ruchira's Stuffed Shimla Mirch

Recipe: Ruchira's Stuffed Shimla Mirch

Rediff.com17 Mar 2026

Jazz up green bell peppersto make a special accompaniment to your rotis or bhakri or bhaath.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

Iran War: Truce Is A Bitter Pill For Trump To Swallow

Iran War: Truce Is A Bitter Pill For Trump To Swallow

Rediff.com10 Apr 2026

The logic of war plus the gathering storms in US politics as the midterms loom large leave him with no real alternative but to negotiate, points out Ambassador M K Bhadrakumar.

What Happens When Trump's Deadline Expires?

What Happens When Trump's Deadline Expires?

Rediff.com7 Apr 2026

Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.

'Trump's Aims In This War Have Been Inconsistent, Changing, Contradictory'

'Trump's Aims In This War Have Been Inconsistent, Changing, Contradictory'

Rediff.com1 Apr 2026

'What we have yet to see on either the US or the Iranian side is willingness to compromise on their ultimate demands and the flexibility to reach an agreement to end the war.

Eid Recipe: Reshma's Quick And Easy Mutton Biryani

Eid Recipe: Reshma's Quick And Easy Mutton Biryani

Rediff.com21 Mar 2026

A celebration of Eid isn't over till the last morsel of that special, home-cooked Mutton Biryani has been had.

Meet Amit Kshatriya, Indian-American behind historic moon mission

Meet Amit Kshatriya, Indian-American behind historic moon mission

Rediff.com11 Apr 2026

Indian-American scientist Amit Kshatriya's journey from watching rocket launches in Houston to becoming NASA's Associate Administrator is a testament to his dedication and expertise in space exploration.

Iran launches 5 multi-warhead missiles, hits Tel Aviv

Iran launches 5 multi-warhead missiles, hits Tel Aviv

Rediff.com20 Mar 2026

After the Israeli attack on Iran's South Pars Gas Field on Wednesday night, in retaliation, Iran struck Qatar's Ras Laffan Industrial City, resulting in extensive damage, as per the country's Ministry of Defence.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

'For region to be secure....': Iran urges American exit from West Asia

'For region to be secure....': Iran urges American exit from West Asia

Rediff.com15 Mar 2026

On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.

Gulf War: Time India Distances Itself From Israel

Gulf War: Time India Distances Itself From Israel

Rediff.com31 Mar 2026

It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.

Petrol Prices Stay Put For Now

Petrol Prices Stay Put For Now

Rediff.com10 Mar 2026

If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.

Talking with 'a top person' in Iran, not new supreme leader: Trump

Talking with 'a top person' in Iran, not new supreme leader: Trump

Rediff.com23 Mar 2026

The US President clarified that these negotiations do not involve the new Supreme Leader, Mojtaba Khamenei.

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.

Trump dials Modi on Hormuz security; Gor hints at 'big-ticket' India-US deals

Trump dials Modi on Hormuz security; Gor hints at 'big-ticket' India-US deals

Rediff.com14 Apr 2026

Prime Minister Narendra Modi and US President Donald Trump discussed the West Asia crisis and the importance of keeping the Strait of Hormuz open and secure. They also reviewed progress in bilateral ties and anticipated upcoming deals in the energy sector.