News for 'State Trading Corp'

Kuwait, Bahrain attacked; Jordan downs 4 Iranian missiles

Kuwait, Bahrain attacked; Jordan downs 4 Iranian missiles

Rediff.com6 days ago

Kuwait's air defence systems engaged 'hostile aerial targets', Jordan intercepted four missiles, and Bahrain sounded warning sirens after Iran launched retaliatory strikes targeting US military installations in the region.

Iran claims strikes on US drone command centre

Iran claims strikes on US drone command centre

Rediff.com5 days ago

Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for missile and drone strikes on US military installations in Bahrain, describing the operations as the second phase of its retaliatory campaign. This announcement follows US Central Command (CENTCOM) confirming its own large-scale offensive targeting Iranian military infrastructure.

Indian crew member missing after Iran attacks container ship in Strait of Hormuz

Indian crew member missing after Iran attacks container ship in Strait of Hormuz

Rediff.com7 days ago

India has condemned the attack on the Cyprus-flagged container ship M/V GFS Galaxy in the Strait of Hormuz, which resulted in one Indian crew member going missing. The United States responded with a third round of retaliatory strikes against Iranian targets, further escalating tensions in the Gulf.

State Trading Corp Q3 net at Rs 10.09 cr

State Trading Corp Q3 net at Rs 10.09 cr

Rediff.com30 Jan 2003

State Trading Corporation of India Ltd has posted a net loss of Rs 100.90 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 78.40 million for the quarter ended December 31, 2001.

MEA condemns attack on Indian crew in Strait of Hormuz

MEA condemns attack on Indian crew in Strait of Hormuz

Rediff.com7 days ago

India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

US-Iran next round of talks in Switzerland on June 28 and 29: Report

US-Iran next round of talks in Switzerland on June 28 and 29: Report

Rediff.com26 Jun 2026

As Tehran and Washington continue with their engagements following the signing of the MoU earlier this month, sources have told Al Arabiya that the two are set to hold the next round of negotiations in Switzerland on June 28 and 29.

US hits over 80 targets in Iran after Hormuz attacks

US hits over 80 targets in Iran after Hormuz attacks

Rediff.com8 Jul 2026

The United States conducted retaliatory strikes against Iran, targeting over 80 sites, after accusing Tehran of attacking commercial vessels in the Strait of Hormuz, while Iran condemned the US decision to revoke a temporary suspension of sanctions on Iranian oil sales.

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

Rediff.com29 May 2026

The United States has announced new sanctions targeting Iran's 'shadow oil economy,' accusing Tehran of using illicit oil revenues to fund the Islamic Revolutionary Guard Corps (IRGC) and its regional activities.

Ceasefire crumbles? US bombs Iran after Hormuz attack, Tehran retaliates

Ceasefire crumbles? US bombs Iran after Hormuz attack, Tehran retaliates

Rediff.com27 Jun 2026

The US forces conducted strikes against Iran, on Friday, as a powerful response to Thursday's attack on a commercial ship that was transiting the Strait of Hormuz, said Central Command (CENTCOM) in a statement.

West Asia Tensions Drive Crude Oil To Record Highs

West Asia Tensions Drive Crude Oil To Record Highs

Rediff.com3 Jun 2026

Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.

IAF Evacuates NCC Cadets From Violence-Hit Manipur

IAF Evacuates NCC Cadets From Violence-Hit Manipur

Rediff.com26 May 2026

The swift operation ensured that the cadets would safely reach their destinations in time for their examinations, bringing relief to anxious parents.

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

Rediff.com22 May 2026

As many as 35 vessels, including cargo carriers and oil tankers, successfully navigated through the strategic maritime chokepoint of the Strait of Hormuz over the last 24 hours, according to Iran's state media reports citing a formal declaration by the Islamic Revolutionary Guard Corps (IRGC) Navy.

Why Sea Chokepoints Have Become The New Battleground

Why Sea Chokepoints Have Become The New Battleground

Rediff.com2 Jun 2026

If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.

Iran asserts control on Hormuz transit as US intensifies blockade

Iran asserts control on Hormuz transit as US intensifies blockade

Rediff.com31 May 2026

Tensions escalate between Iran and the US over control of the Strait of Hormuz, a crucial shipping lane for global oil supplies, as both sides discuss extending a fragile ceasefire.

'Hormuz is still closed': Iranian embassy mocks Trump as 'idiot'

'Hormuz is still closed': Iranian embassy mocks Trump as 'idiot'

Rediff.com19 Apr 2026

The Iranian Embassy in South Africa has launched a biting social media attack on US President Donald Trump, using a viral maritime audio clip to label him an "idiot".

Iran denies US claim on mine-clearing ops in Strait of Hormuz

Iran denies US claim on mine-clearing ops in Strait of Hormuz

Rediff.com12 Apr 2026

The US Central Command (CENTCOM) announced the start of operations to clear mines in the Strait of Hormuz, a claim swiftly denied by Iran, leading to increased tensions in the region amidst stalled negotiations between the two countries.

One Indian oil tanker crosses Hormuz, four others turn back

One Indian oil tanker crosses Hormuz, four others turn back

Rediff.com18 Apr 2026

One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.

Hormuz Hopes Drive Market Surge

Hormuz Hopes Drive Market Surge

Rediff.com28 Apr 2026

Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?

Iran attacks Gujarat-bound ship in Strait of Hormuz

Iran attacks Gujarat-bound ship in Strait of Hormuz

Rediff.com22 Apr 2026

Iranian forces fired upon three commercial vessels in the Strait of Hormuz, with one possibly headed for Gujarat, raising concerns about maritime security in the strategic waterway.

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.

US Confirms Killing of Iranian Navy Chief Tangsiri in Israeli Strike

US Confirms Killing of Iranian Navy Chief Tangsiri in Israeli Strike

Rediff.com27 Mar 2026

Admiral Alireza Tangsiri was accused of leading efforts to disrupt maritime trade, including actions affecting the Strait of Hormuz.

Indian tanker clears Hormuz; New Delhi raises concerns with Iran post attacks

Indian tanker clears Hormuz; New Delhi raises concerns with Iran post attacks

Rediff.com19 Apr 2026

India has raised concerns with Iran over the safety of merchant shipping after two vessels were fired upon in the Strait of Hormuz, prompting them to turn back.

We will determine end of war: Iran responds to Trump

We will determine end of war: Iran responds to Trump

Rediff.com10 Mar 2026

Iran has issued a defiant response to United States President Donald Trump's claims regarding the conclusion of hostilities, asserting that it alone will 'determine' the end of military actions against American and Israel targets.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

After Hormuz, Iran to block Bab el-Mandeb strait? Top official drops hint

After Hormuz, Iran to block Bab el-Mandeb strait? Top official drops hint

Rediff.com4 Apr 2026

A senior Iranian legislator has suggested that Tehran could further escalate pressure on its adversaries by targeting the Bab el-Mandeb Strait, raising concerns about global supply chain vulnerabilities.

Iran launches new wave of missiles after US bombs Kharg Island

Iran launches new wave of missiles after US bombs Kharg Island

Rediff.com14 Mar 2026

The incident came shortly after a spokesperson from Iran's military warned that Tehran could target ports and docks in the United Arab Emirates following recent United States strikes on Kharg Island, a key hub for Iran's oil exports.

'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.

SEE: First crude tanker reaches India amid Hormuz crisis

SEE: First crude tanker reaches India amid Hormuz crisis

Rediff.com12 Mar 2026

The tanker reportedly switched off its Automatic Identification System (AIS) transponder while navigating the high-risk stretch of the strait and reappeared on tracking systems on March 9.

Iran allows Indian ships to pass through Hormuz: Sources

Iran allows Indian ships to pass through Hormuz: Sources

Rediff.com12 Mar 2026

IRGC said vessels seeking to sail through the strategically critical Strait of Hormuz must obtain Iran's approval; otherwise, they could become targets of Iranian attacks.

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.

'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.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

Court orders Cong to remove Modi-Adani deepfake

Court orders Cong to remove Modi-Adani deepfake

Rediff.com19 Dec 2025

A court in Ahmedabad in Gujarat has directed the Congress and four of its leaders to remove a deep fake video of Prime Minister Narendra Modi and industrialist Gautam Adani from social media platforms.

BSE Sensex tops other assets classes by a hefty margin in 40 years

BSE Sensex tops other assets classes by a hefty margin in 40 years

Rediff.com9 Jan 2026

The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.

Is India Still Buying Russian Oil?

Is India Still Buying Russian Oil?

Rediff.com17 Dec 2025

Indian private sector and State-run refiners continued to receive crude oil from Russian suppliers even after November 21 -- the winding-down date for US sanctions on supplies from leading Russian oil producers imposed in October -- as new intermediaries sprung up in West Asia to sell the oil, according to senior refining sources and ship tracking data.

GST 2.0 Puts Luxury Cars In Fast Lane

GST 2.0 Puts Luxury Cars In Fast Lane

Rediff.com10 Dec 2025

India's luxury auto market is rebounding after a slow start to 2025, with GST 2.0 emerging as the main catalyst.

60 Years On This Week, Indira Gandhi Became Prime Minister

60 Years On This Week, Indira Gandhi Became Prime Minister

Rediff.com20 Jan 2026

In a culture where children take up the profession of their father, her becoming a politician was seen as natural and acceptable.

Iran, Israel trade missiles after Trump claims ceasefire

Iran, Israel trade missiles after Trump claims ceasefire

Rediff.com24 Jun 2025

Iran on Monday launched multiple missiles at US military installations in Qatar and Iraq, including the Al Udeid Air Base in Qatar -- the largest US military base in the region.

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.