News for 'Oil'

Growth: RBI Sees Too Many Uncertainties

Growth: RBI Sees Too Many Uncertainties

Rediff.com19 Aug 2025

For the time being, the RBI is done with the cuts. A cut in October, which many are still predicting, is not certain. Of course, if growth nosedives, the script will be different, expects Tamal Bandyopadhyay.

The Alaska Fiasco: Lessons For India

The Alaska Fiasco: Lessons For India

Rediff.com16 Aug 2025

The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.

'Will cross that...: Jaishankar on US' 500% tariff threat for Russia ties

'Will cross that...: Jaishankar on US' 500% tariff threat for Russia ties

Rediff.com3 Jul 2025

After the war erupted between Russia and Ukraine, the US and Western nations imposed sanctions on Moscow. However, India has continued to purchase Russian oil.

'BJP Should Be Extremely Wary Of 130th Amendment'

'BJP Should Be Extremely Wary Of 130th Amendment'

Rediff.com22 Aug 2025

'If the INDIA bloc ever forms the government, they will be more than tempted to use such provisions to bring about regime change in BJP-ruled states.'

Next-Gen GST a step towards single tax slab

Next-Gen GST a step towards single tax slab

Rediff.com17 Aug 2025

The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.

Will wait for India to build dam on Indus river, then...: Pak Army chief

Will wait for India to build dam on Indus river, then...: Pak Army chief

Rediff.com11 Aug 2025

Weeks before the Pahalgam attack, Munir said Pakistan will not forget the issue of Kashmir, asserting, "It was our jugular vein." His comments were trashed by India.

'Trump Tilting Towards Pakistan'

'Trump Tilting Towards Pakistan'

Rediff.com13 Aug 2025

'India is too important to the United States for there to be any kind of a permanent bump in the relationship.'

Modi, Shah call on President Murmu, reasons unknown

Modi, Shah call on President Murmu, reasons unknown

Rediff.com3 Aug 2025

Prime Minister Narendra Modi and Union Home Minister Amit Shah on Sunday called on President Droupadi Murmu separately within hours at the Rashtrapati Bhavan in New Delhi.

The Sweet Rise of Indian Chocolates

The Sweet Rise of Indian Chocolates

Rediff.com20 Aug 2025

India's craft chocolate makers are changing the market by using local cacao, creating bold new flavours, making chocolate both a luxury and a story.

Putin-Trump summit may happen next week: Kremlin envoy

Putin-Trump summit may happen next week: Kremlin envoy

Rediff.com7 Aug 2025

Taking to social media platform X, Dmitriev said, "Russia confirms Putin-Trump summit may happen next week and summit preparations are ongoing. This can be a historic meeting. Dialogue will prevail."

Sensex tanks 586 points on global sell-off

Sensex tanks 586 points on global sell-off

Rediff.com1 Aug 2025

Tata Steel, Maruti, Tata Motors, Infosys, Bharti Airtel and Tech Mahindra were also among the laggards. However, Trent, Asian Paints, Hindustan Unilever, ITC, Kotak Mahindra Bank, and Reliance Industries were the gainers.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

Is ethanol-blended petrol damaging your vehicle? Govt says...

Is ethanol-blended petrol damaging your vehicle? Govt says...

Rediff.com5 Aug 2025

The ministry stated that for vehicles designed for E10 and calibrated for E20, mileage may drop by just 1-2 per cent, while in other vehicles, it could be around 3-6 per cent.

'On Beijing, Delhi Will Sleep With One Eye Open'

'On Beijing, Delhi Will Sleep With One Eye Open'

Rediff.com23 Aug 2025

'New Delhi is not naive about its foreign policy choices.'

Sensex, Nifty close almost flat amid caution ahead of US tariff deadline

Sensex, Nifty close almost flat amid caution ahead of US tariff deadline

Rediff.com7 Jul 2025

From the Sensex firms, Hindustan Unilever, Kotak Mahindra Bank, Trent, Reliance Industries, Asian Paints and ITC were among the gainers. However, Bharat Electronics Ltd, Tech Mahindra, UltraTech Cement, Maruti and Eternal were among the laggards.

Studying US tariff implications, hopeful of trade pact: Govt

Studying US tariff implications, hopeful of trade pact: Govt

Rediff.com31 Jul 2025

The Indian government is studying the implications of US President Trump's announcement to impose tariffs on Indian goods and remains hopeful of concluding a bilateral trade agreement.

RBI keeps repo rate unchanged amid Trump's tariff threat

RBI keeps repo rate unchanged amid Trump's tariff threat

Rediff.com6 Aug 2025

Since February 2025, the RBI has reduced the policy rate by 100 basis points. In its previous policy review in June, it had trimmed the repo rate by 50 basis points to 5.5 per cent.

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

Rediff.com1 Jul 2025

The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. After three rounds of price cuts, aviation turbine fuel (ATF) price was increased by Rs 6,271.5 per kilolitre, or 7.5 per cent, to Rs 89,344.05 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.

Why Trump Turned on India, Embraced Pakistan

Why Trump Turned on India, Embraced Pakistan

Rediff.com6 Aug 2025

Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Aug 2025

Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.

Will secure, advance national interest: Goyal on Trump tariffs

Will secure, advance national interest: Goyal on Trump tariffs

Rediff.com31 Jul 2025

Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.

'Munir's US Visits: Something Else Is Afoot'

'Munir's US Visits: Something Else Is Afoot'

Rediff.com20 Aug 2025

'Trump has personally weighed in to overcome doubts and reservations about Pakistan among his top advisors.'

Sensex jumps nearly 540 points on Asian stocks rally

Sensex jumps nearly 540 points on Asian stocks rally

Rediff.com23 Jul 2025

Among Sensex firms, Tata Motors, Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries were the major gainers. However, Hindustan Unilever, UltraTech Cement, Bharat Electronics and ITC were among the laggards.

How much salary does Mukesh Ambani draw?

How much salary does Mukesh Ambani draw?

Rediff.com7 Aug 2025

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row and dividends remain his main source of earnings. Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

Nifty to continue upward trajectory in H2CY25, says analysts

Nifty to continue upward trajectory in H2CY25, says analysts

Rediff.com9 Jul 2025

Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.

How India Must Deal With Trump The Bully

How India Must Deal With Trump The Bully

Rediff.com13 Aug 2025

The way to deal with a bully is to resist bullying, because submission in the first instance only invites even more overbearing demands in future. What may seem like a small price to pay now will lead to a much higher price later, warns former foreign secretary Shyam Saran.

Buying in L&T helps Sensex gain 144 points

Buying in L&T helps Sensex gain 144 points

Rediff.com30 Jul 2025

Sun Pharma, NTPC, Maruti, Bharti Airtel, Trent and Axis Bank were also among the gainers. However, Tata Motors, Power Grid, Eternal, Bajaj Finserv and Hindustan Unilever were among the laggards.

Sensex gains 300 pts on fresh foreign fund inflows and buying in ICICI Bank, RIL

Sensex gains 300 pts on fresh foreign fund inflows and buying in ICICI Bank, RIL

Rediff.com27 Jun 2025

From the Sensex pack, Asian Paints, UltraTech Cement, Power Grid, ICICI Bank, Reliance Industries, Hindustan Unilever, Bharat Electronics and Sun Pharma were among the major gainers. In contrast, Trent, Eternal, Axis Bank and Titan were among the laggards.

Beware! 'Healthy' Foods That Could Harm Your Heart

Beware! 'Healthy' Foods That Could Harm Your Heart

Rediff.com27 Jun 2025

They seem harmless, even good for you, but these everyday kitchen staples could be quietly harming your heart, warns Dr Sanjay Bhojraj.

Iran-Israel war: Stock markets tumble; Sensex sheds 511 points

Iran-Israel war: Stock markets tumble; Sensex sheds 511 points

Rediff.com23 Jun 2025

Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in early trade. The 50-share NSE Nifty dropped 182.85 points to 24,929.55.

Blue-chip stocks drag Sensex down by 542 points

Blue-chip stocks drag Sensex down by 542 points

Rediff.com24 Jul 2025

From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.

Will The Dragon And Elephant Dance Again?

Will The Dragon And Elephant Dance Again?

Rediff.com7 Aug 2025

A meeting with Chinese President Xi Jinping on the sidelines of the SCO summit is being planned.

'Markets Have Already Scaled A Wall Of Worry'

'Markets Have Already Scaled A Wall Of Worry'

Rediff.com7 Aug 2025

'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'

Bald man selling hair growth oil arrested after complaints

Bald man selling hair growth oil arrested after complaints

Rediff.com19 Dec 2024

A bald man and his two associates were arrested in Meerut, India, after multiple complaints surfaced regarding allergic reactions from their miraculous hair growth oil. The trio had set up a camp claiming they could regrow hair on bald heads, attracting a massive crowd and causing traffic jams. The police uncovered a large-scale scam after one victim filed a complaint about the oil causing severe itching and an allergic reaction. The accused admitted to conducting similar fraudulent camps in several cities and amassing lakhs of rupees.

'Pak Deftly Used Personal Diplomacy To Connect With Trump'

'Pak Deftly Used Personal Diplomacy To Connect With Trump'

Rediff.com8 Aug 2025

'As one former Indian diplomat put it to me, Delhi has access to the White House, but Islamabad has access to Mar-a-Lago.'

India-US BTA: Sangh Affliates Warn Govt

India-US BTA: Sangh Affliates Warn Govt

Rediff.com8 Jul 2025

'India's farmers will be unable to compete with the US, given the subsidies that the latter provides its farmers.'

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

Want To Replace A 'Defective' Vehicle?

Want To Replace A 'Defective' Vehicle?

Rediff.com16 Jul 2025

Any defect identified by the expert would have to be rectified within one month, failing which compensation of 5,000 per day would be payable.

'Will never compromise...': Modi's big remark amid Trump tariffs

'Will never compromise...': Modi's big remark amid Trump tariffs

Rediff.com7 Aug 2025

Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.

Wholesale price inflation falls 0.13% in June to 20-mth low

Wholesale price inflation falls 0.13% in June to 20-mth low

Rediff.com14 Jul 2025

Wholesale price inflation (WPI) declined to (-) 0.13 per cent in June as prices of food articles and fuel saw deflation, along with easing in manufactured product costs, government data showed on Monday. WPI-based inflation was 0.39 per cent in May. It was 3.43 per cent in June last year.