News for 'Oil'

Gopichand Hinduja dies in London at 85

Gopichand Hinduja dies in London at 85

Rediff.com4 Nov 2025

Gopichand P Hinduja, chairman of globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as 'GP' in business circles, Gopichand P. Hinduja was unwell for past few weeks and died in a London hospital, they said.

Sensex pares gains; ends up 411 points

Sensex pares gains; ends up 411 points

Rediff.com20 Oct 2025

From the Sensex firms, Reliance Industries climbed 3.52 per cent after the firm on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan and Bharti Airtel were also among the gainers. However, ICICI Bank, Mahindra & Mahindra, Eternal, Adani Ports and Power Grid were among the laggards.

Cyclone Montha: Andhra prepares action plan for relief, essential supplies

Cyclone Montha: Andhra prepares action plan for relief, essential supplies

Rediff.com26 Oct 2025

The Andhra Pradesh government has prepared an action plan for relief and essential supplies in pre-cyclone preparedness for Cyclone Montha, expected to cross the coast on October 28.

India-US Trade Deal In Final Lap!

India-US Trade Deal In Final Lap!

Rediff.com25 Oct 2025

'As far as the contentious issues such as agriculture are concerned, we are finding some common ground.'

Did car driver die in Delhi blast? Mother's DNA to confirm

Did car driver die in Delhi blast? Mother's DNA to confirm

Rediff.com11 Nov 2025

"Investigators are now tracing the route towards Daryaganj, while more than 100 CCTV clips, including footage from nearby toll plazas, are being examined to establish the complete movement of the vehicle," the sources added.

Sensex tanks 593 points hit by foreign fund outflows

Sensex tanks 593 points hit by foreign fund outflows

Rediff.com30 Oct 2025

From the Sensex firms, Bharti Airtel, Power Grid, Tech Mahindra, Infosys, Bajaj Finance and Reliance Industries were among the major laggards. However, Larsen & Toubro, Bharat Electronics, UltraTech Cement and Maruti were among the gainers.

Sensex jumps 567 points amid global stocks rally

Sensex jumps 567 points amid global stocks rally

Rediff.com27 Oct 2025

Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers. However, Kotak Mahindra Bank, Bharat Electronics, Infosys and Bajaj Finance were among the laggards.

Modi skips meeting Trump, to join ASEAN summit virtually

Modi skips meeting Trump, to join ASEAN summit virtually

Rediff.com23 Oct 2025

Prime Minister Narendra Modi on Thursday said he would join the Association of Southeast Asian Nations (ASEAN)-India Summit virtually in Malaysia next week.

Key infrastructure sectors' growth stood at 3% in Sep

Key infrastructure sectors' growth stood at 3% in Sep

Rediff.com21 Oct 2025

India's eight key infrastructure sectors' output stood at 3 per cent in September, slower than the 6.5 per cent expansion recorded in August, according to official data released on Tuesday. The core sectors' output growth was 2.4 per cent in September last year.

Iran-Israel war: India ramps up oil imports from Russia, US in June

Iran-Israel war: India ramps up oil imports from Russia, US in June

Rediff.com22 Jun 2025

Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.

Technical glitch delays market opening at MCX

Technical glitch delays market opening at MCX

Rediff.com28 Oct 2025

The Multi-Commodity Exchange faced disruptions to operations due to a technical issue on Tuesday, forcing it to commence trading over 4 hours late and shift operations to its disaster recovery site. The commodities bourse said that all its trading systems are now functioning normally and an investigation into the issue has been initiated on priority.

Delhi 10/11 blast: Pulwama doctor was driving Hyundai i20 car

Delhi 10/11 blast: Pulwama doctor was driving Hyundai i20 car

Rediff.com11 Nov 2025

Hours before the blast in Delhi, eight people, including three doctors, were arrested and 2,900 kg of explosives were seized with the uncovering of a "white collar" terror module on Monday.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Oct 2025

In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.

RBI's short dollar forward position up after 7 months

RBI's short dollar forward position up after 7 months

Rediff.com4 Nov 2025

The Reserve Bank of India's (RBI's) short dollar forward positions rose by $6 billion in September - the first increase in seven months - indicating the central bank's readiness to defend the rupee in the forward market amid pressure on the currency, latest data showed. The net short dollar position stood at $59.4 billion at the end of September, up from $53.4 billion in August.

Russia's new N-powered missile has indefinite range: Putin

Russia's new N-powered missile has indefinite range: Putin

Rediff.com27 Oct 2025

Russian President Vladimir Putin, in his address to the Federal Assembly (Russia's bicameral parliament) on Sunday, stated that Moscow had developed a small-sized nuclear power unit that could be used in a cruise missile to extend its range practically indefinitely.

Manufacturing Push Lifts Private Capex In H1FY26

Manufacturing Push Lifts Private Capex In H1FY26

Rediff.com10 Nov 2025

Private investment projects constitute well over 70 per cent of the nearly Rs 34 trillion of fresh investments announced in H1 this year.

FMCG cos indicate mid single-digit revenue growth in Q2

FMCG cos indicate mid single-digit revenue growth in Q2

Rediff.com16 Oct 2025

Fast-moving consumer goods (FMCG) companies are expected to report mid-single-digit revenue growth in the July-September 2025-26 quarter, according to their quarterly updates. Most companies also noted that supply chains were focused on liquidating existing stock ahead of the implementation of new goods and services tax (GST) rates in categories where the tax was lowered.

'Poured ghee, opened gas cylinder': How lover killed her live-in partner

'Poured ghee, opened gas cylinder': How lover killed her live-in partner

Rediff.com27 Oct 2025

Delhi Police have arrested three individuals, including the live-in partner of a UPSC aspirant, in connection with his murder. The suspects allegedly conspired to kill the victim and set his body on fire to conceal the crime.

Cong-RJD combine stood for 5 'Ks': Modi's jungle raj attack

Cong-RJD combine stood for 5 'Ks': Modi's jungle raj attack

Rediff.com30 Oct 2025

Modi accused Congress and RJD leaders of insulting 'Chhathi Maiyya' to gain votes in the Bihar elections.

'So Many Doctors Converging In A Single Conspiracy Is Unusual'

'So Many Doctors Converging In A Single Conspiracy Is Unusual'

Rediff.com13 Nov 2025

'India has experienced any number of doctors, engineers, and individuals from professional backgrounds being implicated in terrorism. This is not a novel development.' 'These are mobilisations of opportunity. One does not exclusively associate with one's own kind. A comprehensive conspiracy requires diverse skill sets.' 'One needs individuals with local community contacts, those possessing physical capabilities, technical expertise -- an entire spectrum of capacities.'

Oil tanks sealed, but full risk remains in MSC Elsa wreck: DGS

Oil tanks sealed, but full risk remains in MSC Elsa wreck: DGS

Rediff.com14 Jun 2025

According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.

Sensex, Nifty slip amid profit-taking, weak Asian markets

Sensex, Nifty slip amid profit-taking, weak Asian markets

Rediff.com28 Oct 2025

Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards. However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.

Marico Q2 volume growth likely to be in high single digit

Marico Q2 volume growth likely to be in high single digit

Rediff.com4 Oct 2025

Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges.

'India-US ties not criteria for New Delhi-Russia relations'

'India-US ties not criteria for New Delhi-Russia relations'

Rediff.com28 Sep 2025

Lavrov, who addressed the UN General Assembly shortly before External Affairs Minister S Jaishankar's speech at the high-level General Debate, said India and Russia share a "particularly privileged strategic partnership".

'Efficiency of E20 is more or less on a par with petrol'

'Efficiency of E20 is more or less on a par with petrol'

Rediff.com23 Sep 2025

'Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.'

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

Analysts see oil shooting up to $150/bbl if Iran, Israel fighting intensifies

Analysts see oil shooting up to $150/bbl if Iran, Israel fighting intensifies

Rediff.com16 Jun 2025

Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.

Sensex jumps 575 points, Nifty ends above 25,300

Sensex jumps 575 points, Nifty ends above 25,300

Rediff.com15 Oct 2025

Among Sensex firms, Bajaj Finance and Bajaj Finserv were the biggest gainers. Asian Paints, Larsen & Toubro, Trent, UltraTech Cement, Eternal and Adani Ports were also among the winners. However, Tata Motors, Infosys, Tech Mahindra and Axis Bank were among the laggards.

Demand recovery to drive gains for Nestle India

Demand recovery to drive gains for Nestle India

Rediff.com27 Oct 2025

Packaged food major Nestle India posted better than expected September quarter results led by strong volume growth across its key segments. While there were margin pressures due to elevated raw material costs, there could be some relief with easing prices in the near term.

Cyclone Montha: 2 killed, crops damaged, transportation hit in Andhra

Cyclone Montha: 2 killed, crops damaged, transportation hit in Andhra

Rediff.com29 Oct 2025

Cyclone Montha crossed the Andhra Pradesh coast, resulting in two deaths, extensive crop damage, and disruptions to power and transportation. Neighboring Telangana also experienced heavy rains. Government relief efforts are underway.

Sensex down 297 points on foreign fund outflows

Sensex down 297 points on foreign fund outflows

Rediff.com14 Oct 2025

Bajaj Finance, Bharat Electronics, Tata Steel, Tata Consultancy Services, NTPC, Trent, Asian Paints and Axis Bank were the major laggards among Sensex stocks. However, Tech Mahindra, ICICI Bank, Power Grid, Hindustan Unilever and Reliance Industries were among the gainers.

Sensex surges 862 points tracking rally in global peers

Sensex surges 862 points tracking rally in global peers

Rediff.com16 Oct 2025

From the Sensex firms, Kotak Mahindra Bank, Titan, Axis Bank, Adani Ports, Mahindra & Mahindra, Reliance Industries, Tata Motors and HDFC Bank were among the major gainers. However, Eternal and Infosys were the laggards.

'Very close' to India, Modi; sanctioned them: Trump's mixed message

'Very close' to India, Modi; sanctioned them: Trump's mixed message

Rediff.com19 Sep 2025

During a visit to the UK, former US President Donald Trump reiterated his claim of intervening to resolve a conflict between India and Pakistan, linking it to trade negotiations. He also discussed tariffs on India for buying Russian oil and the Russia-Ukraine conflict.

Russia-China Gas Pact Poses New Challenges For India

Russia-China Gas Pact Poses New Challenges For India

Rediff.com21 Oct 2025

India should simultaneously prioritise domestic exploration and production of more oil and gas in the country, and ensure we retain diversified suppliers for imports, points out former foreign secretary Ranjan Mathai.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com20 Oct 2025

Equity market investors would track global trends, foreign fund movement and quarterly earnings in a holiday-shortened week ahead, analysts said. Stock exchanges BSE and NSE will conduct a special Muhurat trading session on Tuesday, October 21.

Saudi Arabia Ends Kafala: What Changes For 2.6 Mn Indians?

Saudi Arabia Ends Kafala: What Changes For 2.6 Mn Indians?

Rediff.com23 Oct 2025

Saudi Arabia has scrapped its decades-old Kafala system, freeing 13 million migrant workers, including 2.6 million Indians, from restrictive employer control and exit visa rules.

Sensex down 174 points mirroring weak global trends

Sensex down 174 points mirroring weak global trends

Rediff.com13 Oct 2025

Among Sensex firms, Tata Motors, Infosys, Hindustan Unilever, Power Grid, Bharat Electronics, ITC, UltraTech Cement and Tata Consultancy Services were the major laggards. However, Adani Ports, Bajaj Finance, Bajaj Finserv and Axis Bank were among the gainers.

Sensex rises 137 points on buying in HDFC Bank, ICICI Bank

Sensex rises 137 points on buying in HDFC Bank, ICICI Bank

Rediff.com7 Oct 2025

Among Sensex firms, Bharti Airtel, HCL Tech, UltraTech Cement, Power Grid, HDFC Bank, Bajaj Finance, Tata Steel and ICICI Bank were among the major gainers. However, Axis Bank, Tata Motors, Trent and Infosys were among the laggards.

Probe finds U'khand cadet missing off Sri Lanka last seen near lifeboat

Probe finds U'khand cadet missing off Sri Lanka last seen near lifeboat

Rediff.com21 Oct 2025

An investigation into the disappearance of a merchant navy cadet off the Sri Lankan coast reveals his last known location and details of the search efforts.

Stock markets end lower amid Israel-Iran conflict, rising crude oil prices

Stock markets end lower amid Israel-Iran conflict, rising crude oil prices

Rediff.com17 Jun 2025

From the Sensex pack, Sun Pharma, Eternal, Tata Motors, Bajaj Finance, IndusInd Bank and Bajaj Finserv were among the major laggards. In contrast, Tech Mahindra, Infosys, Asian Paints and Maruti were among the gainers.