News for 'energy imports'

Turning 20: Gukesh embraces the pressure of being World chess champion

Turning 20: Gukesh embraces the pressure of being World chess champion

Rediff.com30 May 2026

D Gukesh, the 20-year-old Indian Grandmaster, discusses the pressures and expectations of being a world chess champion as he prepares to defend his title.

Pranati Nayak Aims To Increase Difficulty Level

Pranati Nayak Aims To Increase Difficulty Level

Rediff.com29 May 2026

Indian gymnast Pranati Nayak is focusing on increasing her difficulty level for the Asian Championships after winning a silver medal at the FIG World Challenge Cup in Tashkent. She is balancing execution and difficulty in preparation for the Asian Championships, Commonwealth Games, and Asian Games.

India's Economic Outlook: S&P ups India's FY27 growth forecast to 7.1%

India's Economic Outlook: S&P ups India's FY27 growth forecast to 7.1%

Rediff.com25 Mar 2026

S&P Global Ratings has increased India's GDP growth forecast for the next fiscal year to 7.1 per cent, citing private consumption, investment, and exports as key drivers. However, the agency also cautioned that the conflict in the Middle East could strain India's fiscal position due to higher energy prices.

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.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com15 May 2026

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

Trump is not going to make a 'bad deal': Marco Rubio

Trump is not going to make a 'bad deal': Marco Rubio

Rediff.com25 May 2026

US Secretary of State Marco Rubio stated that significant progress has been made in negotiations with Iran to reopen the Strait of Hormuz, a critical global shipping lane. However, President Donald Trump remains cautious, vowing not to accept a 'bad deal' regarding Iran's nuclear programme and regional stability.

India winds down Russian oil buys, ramps up US imports: USTR

India winds down Russian oil buys, ramps up US imports: USTR

Rediff.com11 Feb 2026

Greer said that India has taken down some digital services taxes and is moving tariffs down.

Election over, petrol, diesel prices hiked by Rs 3/litre

Election over, petrol, diesel prices hiked by Rs 3/litre

Rediff.com15 May 2026

Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com21 May 2026

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com28 May 2026

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.

How RCB Went From Nearly Men To IPL's New Dynasty

How RCB Went From Nearly Men To IPL's New Dynasty

Rediff.com1 Jun 2026

How Andy Flower, Mo Bobat, Rajat Patidar and Virat Kohli transformed Royal Challengers Bengaluru from IPL underachievers into back-to-back champions and potential dynasty builders.

'To ease pressure': Trump on Russian oil waiver to India

'To ease pressure': Trump on Russian oil waiver to India

Rediff.com8 Mar 2026

When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

CERN achieves first-ever antimatter transport: Why this breakthrough is important

CERN achieves first-ever antimatter transport: Why this breakthrough is important

Rediff.com30 Mar 2026

Scientists at CERN have achieved a groundbreaking feat by successfully transporting antimatter across their Geneva laboratory, opening new avenues for antimatter research and potentially shedding light on the universe's matter-antimatter imbalance.

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Rediff.com13 May 2026

A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.

US to end Russia, Iran oil waiver; India to feel heat

US to end Russia, Iran oil waiver; India to feel heat

Rediff.com16 Apr 2026

The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.

5 Fitness Lessons I Learnt From Walking 4.45 Lakh Steps In 15 Days

5 Fitness Lessons I Learnt From Walking 4.45 Lakh Steps In 15 Days

Rediff.com29 May 2026

'Confidence is built by doing difficult things, one day at a time.'

Andhra Pradesh aims for Rs 50,000 crore investment in rare earth corridor

Andhra Pradesh aims for Rs 50,000 crore investment in rare earth corridor

Rediff.com30 Apr 2026

Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.

India deplores attacks on ships in Strait of Hormuz at UNSC

India deplores attacks on ships in Strait of Hormuz at UNSC

Rediff.com29 Apr 2026

India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.

Why Gulf States Now Need India

Why Gulf States Now Need India

Rediff.com15 May 2026

India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.

Gulf War Crisis: Why India Will Take A Huge Hit

Gulf War Crisis: Why India Will Take A Huge Hit

Rediff.com11 May 2026

This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com22 Apr 2026

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

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.

IIT Dhanbad Joins Forces With South African University

IIT Dhanbad Joins Forces With South African University

Rediff.com15 May 2026

TEXMiN Foundation, IIT (ISM) Dhanbad has signed an agreement with the University of Pretoria, South Africa, for research collaboration in critical minerals, rare earth element processing, recycling, extraction technologies and advanced mining innovation.

Two more Indian LPG tankers transit Hormuz with 94K tonne cooking gas

Two more Indian LPG tankers transit Hormuz with 94K tonne cooking gas

Rediff.com29 Mar 2026

Two more Indian-flagged LPG tankers have safely navigated the Strait of Hormuz, ensuring continued cooking gas supply to India amidst regional conflict. These tankers are expected to reach Indian shores soon, following the successful transit of previous vessels.

Energy security for 1.4 bn supreme: India refutes Trump's Russian oil claim

Energy security for 1.4 bn supreme: India refutes Trump's Russian oil claim

Rediff.com5 Feb 2026

MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.

Amid US blockade of Hormuz, India emphasises safe maritime passage

Amid US blockade of Hormuz, India emphasises safe maritime passage

Rediff.com16 Apr 2026

External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.

The Ladakh Cheese That Won The World!

The Ladakh Cheese That Won The World!

Rediff.com3 Jun 2026

The amazing story of how a little known cheese from Ladakh stunned the world!

Blast Review: Fun, Action-Packed Ride

Blast Review: Fun, Action-Packed Ride

Rediff.com30 May 2026

Blast mixes engaging family drama with massy martial arts mayhem to deliver a thoroughly entertaining action ride.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

India launches emergency mission to pull 13 ships out of Hormuz

India launches emergency mission to pull 13 ships out of Hormuz

Rediff.com29 May 2026

India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.

Insects' Lightning-Fast Reactions Could Inspire New AI Designs

Insects' Lightning-Fast Reactions Could Inspire New AI Designs

Rediff.com5 May 2026

A new study reveals that insects' lightning-fast reactions are due to a 'turbo boost' feature in their brains, which could inspire more energy-efficient robots and self-driving cars.

How Vizag Is Set To Anchor India's AI-Driven Digital Future

How Vizag Is Set To Anchor India's AI-Driven Digital Future

Rediff.com28 Apr 2026

Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.

Iran will face problems 'like never seen before' if...: Trump

Iran will face problems 'like never seen before' if...: Trump

Rediff.com21 Apr 2026

Donald Trump has expressed confidence that Tehran will engage in diplomatic talks, warning that the country will 'see problems' should it refuse to cooperate.