News for 'fuel security'

What was in red bag on IC-814 flight? Ex-envoy reveals in new book

What was in red bag on IC-814 flight? Ex-envoy reveals in new book

Rediff.com14 Sep 2024

"The 'red bag' belonged to one of the hijackers, it contained explosives, and possibly, real passports, too.

As Olympics kick off, Gazans seek refuge in football

As Olympics kick off, Gazans seek refuge in football

Rediff.com25 Jul 2024

Inspired by the Olympics worlds away in Paris, some Palestinian youths played football against each other at a school sheltering the displaced in the war-torn Gaza Strip

Investors should focus on larger cement players as outlook improves

Investors should focus on larger cement players as outlook improves

Rediff.com20 Jun 2024

After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

Rediff.com14 Feb 2024

Stocks of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) have more headroom left despite the sharp run in the last few weeks, suggests a recent report from Morgan Stanley. Stocks of these oil refining and marketing companies (OMCs), it believes, are seeing multiples re-rate as investors reassess long-term growth prospects. "IOCL trades at one year forward P/BV of 1.2x, 19 per cent below +1 standard deviation (SD); BPCL trades at one year forward P/BV of 1.5x, near historical averages; HPCL trades at one year forward P/BV of 1.5x, near +1SD," Morgan Stanley said.

Hasina's daughter joins mother at G20, fuels political speculation

Hasina's daughter joins mother at G20, fuels political speculation

Rediff.com8 Sep 2023

This is possibly the first time Hasina's daughter will be by her mother's side during an official visit to close neighbour and ally India, and analysts believe this to be significant in many ways.

Why I Am Upset With Modi's Victory

Why I Am Upset With Modi's Victory

Rediff.com8 Jun 2024

Despite failing to secure a simple majority in Parliament, we will continue to see him on TV, newspapers, magazines, bill boards, vaccination certificates, railway stations, bus shelters, airports, sea ports, on the highway and on rural roads, sighs A Ganesh Nadar.

With oil on the boil, Vistara's loss may not be IndiGo's gain

With oil on the boil, Vistara's loss may not be IndiGo's gain

Rediff.com18 Apr 2024

Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. The development also saw airfares surge by around 25 per cent on select routes. Shares of IndiGo hit a lifetime high of ~3,68.5 on April 2, 2024, and has gained 2.4 per cent on the bourses in April.

Are Russia, Ukraine On Brink Of Nuclear Conflict?

Are Russia, Ukraine On Brink Of Nuclear Conflict?

Rediff.com2 Sep 2024

With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal

Modi flags concerns over high food, fuel and fertiliser prices; says unsure when crisis will end

Modi flags concerns over high food, fuel and fertiliser prices; says unsure when crisis will end

Rediff.com12 Jan 2023

The world is in a state of crisis and it is difficult to predict how long this state of instability will last, Prime Minister Narendra Modi said on Thursday referring to various global challenges arising out of conflict, war and terrorism among others. In his opening remarks at the Voice of Global South virtual summit, Modi flagged concerns over rising prices of food, fuel and fertilisers, economic impact of the COVID-19 pandemic as well as natural disasters driven by climate change. "We are meeting as a new year dawns and brings new hopes and new energy," Modi said.

Violence declining in Manipur: Modi in Rajya Sabha

Violence declining in Manipur: Modi in Rajya Sabha

Rediff.com3 Jul 2024

Prime Minister Narendra Modi said on Wednesday that violence in Manipur is continuously declining and educational institutes along with businesses have opened in most parts of the state.

Hasina's son says she will be back in Bangladesh once...

Hasina's son says she will be back in Bangladesh once...

Rediff.com8 Aug 2024

Sheikh Hasina, who quit as prime minister and fled Bangladesh, will be back in the country as soon as democracy is restored, his son Sajeeb Wazed Joy said on Thursday and blamed Pakistan's intelligence agency, ISI, for fuelling the ongoing unrest in the country.

The Path-Breaking '70s Actor You Didn't Know

The Path-Breaking '70s Actor You Didn't Know

Rediff.com16 Sep 2024

Rehana Sultan was all set to be a path-breaker. The time was right. Hindi cinema had emerged from the 1960s musicals era. But somehow, leading film-makers of the time did not believe Rehana had that cachet. It was Zeenat Aman who ended up being the definitive taboo-trasher of the era. Dinesh Raheja salutes the trendsetter of the 1970s, Rehana Sultan.

Crude realisation: Oil's slick grip threatens corporate margins, profits

Crude realisation: Oil's slick grip threatens corporate margins, profits

Rediff.com19 Apr 2024

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.

'Death Was Flying Around Us'

'Death Was Flying Around Us'

Rediff.com26 Aug 2024

'The odds were stacked against us.' 'Through it all, we were determined to overcome and prevail we did!' Wing Commander Shailesh Singh on the high-risk flying mission for which he was awarded the Shaurya Chakra.

IOC to use drones to check fuel thefts from pipelines

IOC to use drones to check fuel thefts from pipelines

Rediff.com25 Aug 2021

Indian Oil Corp (IOC) is deploying drones to monitor its vast network of pipelines across the country as it doubles down on the use of technology to thwart attempts to steal fuel, helping not just save the commodity but also avoid accidents. The country's top oil company already uses a combination of sophisticated technology and patrolling to detect any leakage from the pipeline network spanning over 15,000-kilometers. And now, it is adding drones to monitor the vast network, officials said. Use of technology helped throttle 34 attempts to pilfer fuel and arrest 53 persons in the 2020-21 fiscal year, they said adding the latest incident was in Sonipat, Haryana on August 17.

Climate deal emerges at COP26, India intervenes on fossil fuel

Climate deal emerges at COP26, India intervenes on fossil fuel

Rediff.com14 Nov 2021

Negotiators from nearly 200 countries have accepted a new climate agreement after the COP26 summit in Glasgow concluded its extra time plenary on Saturday with a deal, which recognises India's intervention for the world to 'phase down' rather than "phase out" fossil fuels.

Modi Knows How To Deal With Dissanayake

Modi Knows How To Deal With Dissanayake

Rediff.com23 Sep 2024

For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.

'When innocent children die...': Modi to Putin on Ukraine war

'When innocent children die...': Modi to Putin on Ukraine war

Rediff.com9 Jul 2024

Prime Minister Narendra Modi on Tuesday told Russian President Vladimir Putin that a solution to the Ukraine conflict is not possible on the battlefield and peace efforts do not succeed in the midst of bombs and bullets even as he flagged concerns over a missile strike on a children's hospital in Kyiv.

Sri Lankan MP, security guard killed as violence erupts across nation

Sri Lankan MP, security guard killed as violence erupts across nation

Rediff.com9 May 2022

A Sri Lankan parliamentarian of the ruling party of the Rajapaksas and his personal security officer were killed on Monday in clashes between anti- and pro-government protesters in the country.

Trump shooting underscores political violence threat: Media

Trump shooting underscores political violence threat: Media

Rediff.com14 Jul 2024

"Americans received a sobering reminder on Saturday of the threat that political violence poses to our democracy," The New York Times said.

Reliance's O2C jitters: A refining challenge that's crimping growth

Reliance's O2C jitters: A refining challenge that's crimping growth

Rediff.com29 Jul 2024

Weighed down by the oil-to-chemicals (O2C) business, Reliance Industries (RIL) results for the April-June quarter (Q1) of 2024-25 (FY25) missed Street estimates. A 14 per cent fall in the O2C segment's operating profit compared to the year-ago quarter and a 22 per cent sequential decline pulled down the consolidated performance. The O2C segment accounts for a third of the overall operating profit and about 60 per cent of the attributable consolidated profit.

Air India suspends flights to Israel amid Iran strike

Air India suspends flights to Israel amid Iran strike

Rediff.com14 Apr 2024

With the Middle East tensions flaring up, Air India has temporarily suspended its Tel Aviv flights and airlines have charted alternative flight paths to avoid the Iranian airspace.

Is Your Car Insured For This Monsoon?

Is Your Car Insured For This Monsoon?

Rediff.com9 Jul 2024

It is essential to have a comprehensive motor policy, and not just a third-party cover, as the latter does not protect your own vehicle.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

'US Will Never Let Pakistan Down'

'US Will Never Let Pakistan Down'

Rediff.com22 Jul 2024

'Pakistan is a nuclear country.' 'With the kind of situation that is there in Pakistan today, America will help Pakistan stay afloat.'

J&K Polls Bristles With Strange Possibilities

J&K Polls Bristles With Strange Possibilities

Rediff.com16 Aug 2024

'If, as happened in Baramulla during the 2024 Lok Sabha election, the youth in the Valley get triggered enough to jump into the wider fray, the end result would be difficult to predict, especially as the state's post-August 5, 2019 political format remains substantially fragmented and foggy,' points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.

Robust production, new initiatives to drive growth for Coal India

Robust production, new initiatives to drive growth for Coal India

Rediff.com10 Jul 2024

Coal India looks set to achieve its 2024-25 (FY25) production targets. If it can achieve its aim of ramping up Fuel Supply Agreement (FSA) and e-auction volumes, along with cost-saving, evacuation and infrastructure-improvement projects, the company could maintain its momentum as a critical infrastructure and core industry performer. Analysts estimate e-auction volumes of 108 million tonnes (MT) in FY25 and 120 MT for FY26, which is encouraging given the premium of e-auction prices which are consistently over 50 per cent higher than FSA.

No country should...: Quad's clear message to China

No country should...: Quad's clear message to China

Rediff.com29 Jul 2024

The Quad also vowed to work towards a free, open and prosperous Indo-Pacific, a region that has seen increasing Chinese military muscle-flexing in the last few years.

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

US vetoes UNSC resolution on Gaza ceasefire

US vetoes UNSC resolution on Gaza ceasefire

Rediff.com20 Feb 2024

The UN Security Council on Tuesday failed to adopt a resolution calling for humanitarian ceasefire in the Israel-Hamas war after a veto by the US.

'Will take him at his words': US on Modi's latest appeal to Putin

'Will take him at his words': US on Modi's latest appeal to Putin

Rediff.com17 Dec 2022

"We would take PM Modi at his words and welcome those comments when they took place. Other countries will make their own decision on engagement with Russia. We continue to coordinate with allies to mitigate impacts of war," said State Department's Principal Deputy Spokesperson Vedant Patel during a press conference on Thursday.

A Century Of Inspiring Olympic Moments

A Century Of Inspiring Olympic Moments

Rediff.com26 Jul 2024

From the early pioneers to today's global superstars, the Olympics have captured hearts and minds, shaping cultures and inspiring generations.

Paris 2024: Can India Surpass Tokyo Record?

Paris 2024: Can India Surpass Tokyo Record?

Rediff.com17 Jul 2024

Meet India's top athletes at Olympics 2024.

India's internet economy likely to reach $1 trillion by 2030: Experts

India's internet economy likely to reach $1 trillion by 2030: Experts

Rediff.com17 May 2024

India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.

Oh, To Be Lucky Like...

Oh, To Be Lucky Like...

Rediff.com31 May 2024

Who else do we know who meditated so with such impeccable timing (much of the Lok Sabha elections over and with only the last phase to go) and hordes for unsolicited defence of the grand meditation at public expense? asks Shyam G Menon.

Infra Key Talking Point For BJP In 2024

Infra Key Talking Point For BJP In 2024

Rediff.com2 Apr 2024

Key infrastructure sectors -- from railways to power, and from coal to petroleum -- will not only be part of the achievements but promises too, as the BJP fights to get a third term at the Centre.

Germany-Scotland kick-off Euro 2024 party!

Germany-Scotland kick-off Euro 2024 party!

Rediff.com12 Jun 2024

Germany are banking on a mix of hugely talented young players, including Jamal Musiala and newly-crowned Bundesliga champion Florian Wirtz, and experienced veterans such as 2014 World Cup winners Manuel Neuer, Thomas Mueller and Toni Kroos.

Meet The Real Heroes of India

Meet The Real Heroes of India

Rediff.com6 Jul 2024

President Droupadi Murmu conferred 26 Shaurya Chakras (seven posthumous) to personnel of the armed forces, Central Armed Police Forces and state/Union Territory Police during a defence investiture ceremony.

ATM Charges To Go Up After Polls

ATM Charges To Go Up After Polls

Rediff.com16 May 2024

The interchange fee -- paid by the card-issuing bank when a customer swipes at another bank's ATM, including at white-label ATMs -- may be raised to Rs 20 to Rs 23.

Kohli's Return: Rohit-Agarkar Meet

Kohli's Return: Rohit-Agarkar Meet

Rediff.com6 Feb 2024

'They are trying hard to get Virat Kohli to come back because the series is missing him.'