News for 'The Straits'

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

India Responds to West Asia Crisis: Six Nationals Dead, One Missing

India Responds to West Asia Crisis: Six Nationals Dead, One Missing

Rediff.com20 Mar 2026

The Ministry of External Affairs (MEA) has confirmed the deaths of six Indian nationals and one missing person amidst the escalating conflict in West Asia, detailing ongoing efforts for repatriation and diplomatic engagement.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com22 Mar 2026

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

India Navigates West Asia Crisis: Ensuring Energy Security and Citizen Safety

India Navigates West Asia Crisis: Ensuring Energy Security and Citizen Safety

Rediff.com19 Mar 2026

India addresses the escalating conflict in West Asia, outlining its diplomatic efforts to ensure energy security, the safety of its citizens, and advocating for a peaceful resolution through dialogue.

LPG crisis: Restaurants cut menu, increase prices

LPG crisis: Restaurants cut menu, increase prices

Rediff.com14 Mar 2026

Indian eateries are adapting to the LPG crisis by cutting menus, increasing prices, and switching to alternative fuels like coal, as LPG supplies are disrupted due to global events. State authorities are cracking down on hoarding and black marketing of LPG cylinders.

How Long Can India Absorb Rising Fuel Costs?

How Long Can India Absorb Rising Fuel Costs?

Rediff.com23 Mar 2026

India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.

Iran wanted to talk, I said 'too late': Trump

Iran wanted to talk, I said 'too late': Trump

Rediff.com3 Mar 2026

Trump said that Iran's leadership, along with its air defence, Air Force, and Navy are 'gone'.

Sri Lanka Private Bus Operators Threaten Strike Over Fuel Price Surge

Sri Lanka Private Bus Operators Threaten Strike Over Fuel Price Surge

Rediff.com22 Mar 2026

Private bus operators in Sri Lanka warn of potential service disruptions and a nationwide strike due to significant fuel price increases, impacting public transport and raising concerns about inflation.

Ramping up domestic LPG production to ensure supply: Sitharaman

Ramping up domestic LPG production to ensure supply: Sitharaman

Rediff.com17 Mar 2026

Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.

Govt to end LPG supply to households refusing PNG switch

Govt to end LPG supply to households refusing PNG switch

Rediff.com25 Mar 2026

The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.

Pak PM offers to host US-Iran talks, Trump shares post

Pak PM offers to host US-Iran talks, Trump shares post

Rediff.com25 Mar 2026

Pakistan's Prime Minister Shehbaz Sharif has offered to host talks between the US and Iran to help resolve the ongoing conflict in the Middle East, following reports of Pakistan's involvement in backchannel diplomacy.

Indian national killed in Iranian attack on US oil tanker

Indian national killed in Iranian attack on US oil tanker

Rediff.com12 Mar 2026

An Indian national has reportedly been killed in an attack carried out by Iran using a 'suicide' boat against a US-owned oil tanker near Iraq. The incident has raised concerns about the safety of seafarers in the region.

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

US lifts sanctions on Iranian oil at sea for a month amid crisis

US lifts sanctions on Iranian oil at sea for a month amid crisis

Rediff.com21 Mar 2026

The United States has temporarily lifted sanctions on the sale of Iranian oil already in transit to ease soaring global crude prices, making 140 million barrels available to the market.

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Rediff.com10 Mar 2026

The Indian government has revised its natural gas allocation priorities, placing LPG production alongside CNG and piped cooking gas at the top, due to disruptions in imported gas supplies caused by the conflict in West Asia.

India grapples with LPG supply crunch, but panic buying eases

India grapples with LPG supply crunch, but panic buying eases

Rediff.com20 Mar 2026

India continues to face LPG supply challenges for the third consecutive week due to disruptions caused by the West Asia conflict, though panic buying is showing signs of easing. The government is prioritising domestic household supplies and encouraging alternative fuel sources.

French officer's fitness app leaks aircraft carrier's location

French officer's fitness app leaks aircraft carrier's location

Rediff.com20 Mar 2026

A French sailor's use of a fitness app has exposed the location of France's aircraft carrier in the Mediterranean, raising serious security concerns amid rising tensions in the West Asia region, a report from a French newspaper said.

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.

Iran begins new 'heavy strikes' in region: IRGC

Iran begins new 'heavy strikes' in region: IRGC

Rediff.com18 Mar 2026

The IRGC had announced earlier that it was carrying out an intense wave of attacks on US and Israeli positons throughout the region since dawn, using missiles as well as drones.

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

Rediff.com12 Mar 2026

Responding to concerns raised by Leader of the Opposition Rahul Gandhi in the Lok Sabha, Petroleum Minister Hardeep Puri said it is the foremost priority of the government that the kitchens of over 33 crore families, especially the poor and the underprivileged, do not face any shortage of gas.

'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.

Iran lists three conditions to end war

Iran lists three conditions to end war

Rediff.com12 Mar 2026

Iran on Thursday spelled out three conditions to end the war with Israel and the United States, which entered its thirteenth day today. Taking to X, Iran's President Masoud Pezeshkian said he reaffirmed the country's commitment to peace during talks with leaders of Russia and Pakistan.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.

Meet The 22-Year-Old Ajay Devgn

Meet The 22-Year-Old Ajay Devgn

Rediff.com2 Apr 2026

'You are scared about the next film: 'Will it work? Will it be as good as my previous film?' Deep inside, I think everybody is scared.'

Pakistan offers to host US-Iran talks after call with Saudi Crown Prince

Pakistan offers to host US-Iran talks after call with Saudi Crown Prince

Rediff.com25 Mar 2026

Pakistan's Prime Minister Shehbaz Sharif has offered to mediate between the US and Iran to de-escalate the ongoing conflict in West Asia, following a joint US-Israel attack on Iran. Sharif has been in contact with Saudi Arabia, the UAE, and other nations to promote dialogue and diplomacy.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Rediff.com19 Mar 2026

For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.

Nomura, Citi slash year-end Nifty 50 target

Nomura, Citi slash year-end Nifty 50 target

Rediff.com17 Mar 2026

Foreign brokerages have started to cut their year-end targets for the Nifty 50 index amid the ongoing West Asia conflict.

1,000 Indians still in Iran: MEA to Parl panel

1,000 Indians still in Iran: MEA to Parl panel

Rediff.com18 Mar 2026

The Ministry of External Affairs informed a parliamentary committee that nearly 1,000 Indians remain in Iran amidst the West Asia conflict, and 23,000 students in the Gulf region missed CBSE exams due to the turmoil.

US warns of 'largest strike package' against Iran, says...

US warns of 'largest strike package' against Iran, says...

Rediff.com19 Mar 2026

Hegseth said the military campaign, code-named Operation Epic Fury, against Iran is "laser focused" and "decisive," with objectives set directly by the US administration remaining unchanged since the start of operations.

Pakistan Intensifies Diplomacy to Resolve West Asia Conflict

Pakistan Intensifies Diplomacy to Resolve West Asia Conflict

Rediff.com25 Mar 2026

Pakistan's Prime Minister Shehbaz Sharif has engaged in extensive diplomatic efforts to de-escalate the conflict in West Asia, offering to host talks between the US and Iran and engaging with leaders from Saudi Arabia, Qatar, Malaysia, the UK, China, and the European Union.

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.

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.

A War Of Attrition Is The Last Thing Trump Expected

A War Of Attrition Is The Last Thing Trump Expected

Rediff.com14 Mar 2026

As days turn into weeks and America loses more planes, as the destruction of trillions of dollars worth military assets piles up, and dead bodies of soldiers return in ever greater numbers in coffins, Trump will have to answer some very difficult questions to save his presidency, notes Ambassador M K Bhadrakumar.

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

Rediff.com15 Mar 2026

Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.

French soldier killed, several injured in attack in Iraq

French soldier killed, several injured in attack in Iraq

Rediff.com13 Mar 2026

A French soldier was killed while several others were injured in an attack in the Erbil region of Iraq, French President Emmanuel Macron confirmed. Macron, in a post on X, confirmed that Chief Warrant Officer Arnaud Frion of the 7th Battalion of Chasseurs Alpins lost his life in the attack.

Middle East conflict: 2 Indians killed, 10 hurt by drone debris in Muscat

Middle East conflict: 2 Indians killed, 10 hurt by drone debris in Muscat

Rediff.com13 Mar 2026

Two expatriate workers were killed after debris from a downed drone fell in an industrial area in the Sohar province of Oman.

Israel strikes 200 targets, Iran warns of retaliation

Israel strikes 200 targets, Iran warns of retaliation

Rediff.com13 Mar 2026

The Israeli Air Force (IAF) said it struck several targets in Tehran, Shiraz and Ahvaz simultaneously over the past 24 hours, targeting sites linked to Iran's ballistic missile programme, air defence systems and military headquarters.

'Iranian Ship Was A Sitting Duck'

'Iranian Ship Was A Sitting Duck'

Rediff.com10 Mar 2026

'Torpedoes travel at more than 100 kilometres per hour, about 50-60 knots.' 'It must have been a matter of a few minutes before it detonated under the Iranian ship.' 'The Iranian ship would have probably got three, four minutes and wouldn't have known till they actually heard the whirr of the torpedo.'

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

Rediff.com8 Mar 2026

Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.