News for 'energy markets'

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.

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.

Petrol, Diesel Price March 20, 2026: Premium Petrol Hiked Rs 2, Industrial Diesel Rs 22 - Regular Rates Unchanged

Petrol, Diesel Price March 20, 2026: Premium Petrol Hiked Rs 2, Industrial Diesel Rs 22 - Regular Rates Unchanged

Rediff.com20 Mar 2026

Petrol diesel price today March 20, 2026: IOCL & HPCL hike premium petrol (XP95, Speed, Power) by 2/litre and industrial diesel by 22/litre. Regular petrol in Delhi 94.77, diesel 87.67 unchanged. Full city-wise rates inside.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Govt urges citizens to avoid panic booking, assures LPG, fuel supply

Govt urges citizens to avoid panic booking, assures LPG, fuel supply

Rediff.com12 Mar 2026

India imports nearly 60 percent of its LPG, with most cargo previously coming through the Strait of Hormuz, now closed for commercial shipping.

Hormuz Crisis Hits India Hard

Hormuz Crisis Hits India Hard

Rediff.com14 Apr 2026

The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com26 Mar 2026

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Centre Slashes Excise Duty on Petrol to 3, Diesel to Zero: Big Relief for Consumers

Rediff.com27 Mar 2026

The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.

Hormuz Tensions Put India At Heart Of US Strategy

Hormuz Tensions Put India At Heart Of US Strategy

Rediff.com30 Mar 2026

Delhi should keep all its options open in what is essentially a transitional period in the geopolitics of energy rather than remain a gatekeeper serving Trump's 'America First', suggests Ambasssador M K Bhadrakumar.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

India to supply 5,000 tonnes of diesel to Bangladesh

India to supply 5,000 tonnes of diesel to Bangladesh

Rediff.com10 Mar 2026

Bangladesh is importing 5,000 tonnes of diesel from India through a cross-border pipeline on Tuesday, according to officials. The fuel consignment will enter Bangladesh through the Parbatipur point, said Muhammad Rezanur Rahman, chairman of the Bangladesh Petroleum Corporation (BPC).

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Pete said, 'Let's do it': Trump puts onus of Iran war on Pentagon chief

Pete said, 'Let's do it': Trump puts onus of Iran war on Pentagon chief

Rediff.com24 Mar 2026

Donald Trump claims a senior defence official urged military action against Iran, revealing escalating tensions and ongoing negotiations in the Middle East.

Middle East conflict: No fuel price hike for now despite crude spike

Middle East conflict: No fuel price hike for now despite crude spike

Rediff.com9 Mar 2026

Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

Rediff.com23 Mar 2026

Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.

'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."

Don't Expect Too Much From Islamabad Summit

Don't Expect Too Much From Islamabad Summit

Rediff.com10 Apr 2026

The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

India Inc Salary Hikes Hold Steady

India Inc Salary Hikes Hold Steady

Rediff.com7 Apr 2026

'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.'

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

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.

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.

Tariffs cut, $30tn market: India, US unveil interim trade pact

Tariffs cut, $30tn market: India, US unveil interim trade pact

Rediff.com8 Feb 2026

The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.

'Trump ka naya khel': Cong after 30-day waiver on Russian oil purchase

'Trump ka naya khel': Cong after 30-day waiver on Russian oil purchase

Rediff.com6 Mar 2026

The Congress has strongly criticised the US government's temporary waiver allowing India to purchase Russian oil, raising concerns about continued 'American blackmail' and its impact on India's energy policy.

India 'well stocked' with crude oil to meet supply disruptions: Puri

India 'well stocked' with crude oil to meet supply disruptions: Puri

Rediff.com4 Mar 2026

India is well-stocked with inventories of crude oil and key petroleum products, including petrol, diesel, and aviation turbine fuel (ATF), to deal with short-term disruptions as the war intensifies in West Asia, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday.

Now 25 Day Wait To Book Gas Cylinder

Now 25 Day Wait To Book Gas Cylinder

Rediff.com10 Mar 2026

The government has introduced a mandatory 25-day gap between LPG cylinder bookings due to supply concerns arising from global disruptions and tensions in the Strait of Hormuz. This measure aims to prevent hoarding and prioritise essential non-domestic sectors, while domestic LPG production is being increased to mitigate shortages.

US-Iran: The Weekend Has Left The World In A More Dangerous Place

US-Iran: The Weekend Has Left The World In A More Dangerous Place

Rediff.com13 Apr 2026

The ceasefire is still technically holding, to the extent that no overt hostilities have been reported yet, but the rhetoric has hardened dangerously. The week ahead will also clarify whether the Islamabad failure was a negotiating tactic or whether Washington has genuinely locked itself into a position from which the only exits are climb-down, escalation, or the slow bleed of a new status quo that nobody chose and nobody controls. Prem Panicker continues his must read blog on the Iran 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.

West Asia conflict: Modi urges states to guard supply chains, curb panic

West Asia conflict: Modi urges states to guard supply chains, curb panic

Rediff.com28 Mar 2026

Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

Rediff.com11 Mar 2026

NVIDIA CEO Jensen Huang argues that Artificial Intelligence is driving the largest infrastructure buildout in human history, requiring trillions of dollars in investment and creating significant demand for skilled blue-collar labour.

Fuel Crisis: Will There Be a Lockdown? Govt Says...

Fuel Crisis: Will There Be a Lockdown? Govt Says...

Rediff.com27 Mar 2026

Calling such reports baseless, Finance Minister Nirmala Sitharaman said there was no such move under consideration.

IEA advocates work from home, reduced air travel to tackle oil shock

IEA advocates work from home, reduced air travel to tackle oil shock

Rediff.com20 Mar 2026

The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.

Trump keen to secure deal with Iran: Israeli officials

Trump keen to secure deal with Iran: Israeli officials

Rediff.com24 Mar 2026

Trump claimed on social media that recent US-Iran discussions were 'very good and productive' and aimed at a 'complete and total resolution' of the conflict.

India Is In The Doghouse At The Moment

India Is In The Doghouse At The Moment

Rediff.com20 Mar 2026

There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.

Never required permission to buy Russian oil: Officials

Never required permission to buy Russian oil: Officials

Rediff.com6 Mar 2026

A senior government official asserts India's independence in purchasing Russian oil, stating that US sanctions waivers merely remove friction but do not dictate India's energy policy. The official highlights India's commitment to energy security and affordability for its citizens.

How to Allocate Your Money in the Metal Market?

How to Allocate Your Money in the Metal Market?

Rediff.com11 Dec 2025

The Indian metal market is a promising sector to invest in as it provides a good balance between the prospects of growth and stability in dynamic economic conditions and a changing geopolitical environment. Metals such as gold, silver, copper, etc, have gained renewed significance in 2025, amidst growing inflation and India's push towards infrastructural growth and green energy initiatives.

How to Allocate Your Money in the Metal Market?

How to Allocate Your Money in the Metal Market?

Rediff.com11 Dec 2025

The Indian metal market is a promising sector to invest in as it provides a good balance between the prospects of growth and stability in dynamic economic conditions and a changing geopolitical environment. Metals such as gold, silver, copper, etc, have gained renewed significance in 2025, amidst growing inflation and India's push towards infrastructural growth and green energy initiatives.