News for 'india fuel crisis'

Dirty Air, 2nd Largest Global Killer

Dirty Air, 2nd Largest Global Killer

Rediff.com20 Jun 2024

Over eight million deaths in 2021 were attributed to air pollution, affecting both children and adults alike.

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.

Lanka political crisis: Former Gotabaya ally pushes for snap polls

Lanka political crisis: Former Gotabaya ally pushes for snap polls

Rediff.com6 Apr 2022

Democratic Left Front politician Nanayakkara was among the 42 members who declared independence in Parliament from the ruling Sri Lanka Podujana Peramuna (SLPP) coalition.

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'

Rajapaksa faces new crisis as dissidents plan to ditch govt

Rajapaksa faces new crisis as dissidents plan to ditch govt

Rediff.com5 Apr 2022

The dissidents, led by former president Sirisena's Sri Lanka Freedom Party, would leave the ruling Sri Lanka Podujana Peramuna coalition with its 14 Members of Parliament, party sources said after their meeting with the President on Monday.

'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.

Obama urges India to embrace cleaner fuels

Obama urges India to embrace cleaner fuels

Rediff.com27 Jan 2015

Obama said US is leading the efforts to combat carbon pollution

Rahul Gandhi Must Be Careful About What He Says

Rahul Gandhi Must Be Careful About What He Says

Rediff.com16 Jul 2024

In the volatile international situation where 'nativism' is on the rise and immigrant communities are being targeted, the Leader of the Opposition's statement is like adding fuel to fire. If the Indian diaspora numbering 4 crores is threatened it will constitute a grave threat to national security, warns Colonel Anil A Athale (retd).

'Private Sector Must Create Jobs'

'Private Sector Must Create Jobs'

Rediff.com25 Jun 2024

'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'

War in Gaza: Here's why India didn't vote on UNGA resolution

War in Gaza: Here's why India didn't vote on UNGA resolution

Rediff.com28 Oct 2023

India is 'deeply concerned' at the deteriorating security situation and astounding loss of civilian lives in the ongoing conflict.

Why Ukraine conflict may see a slowdown in Indian fuel imports

Why Ukraine conflict may see a slowdown in Indian fuel imports

Rediff.com25 Mar 2022

India's appetite for imported crude oil may wane in fiscal year (FY) 2023 from record levels in pre-pandemic 2019-20 fiscal as higher oil prices, a spillover from the conflict in Ukraine, and increasing use of biofuels affect domestic demand for petroleum products. Brent crude surged to a nine-year high, shy of a July 2008 record $147.50 a barrel, before declining to around $100 a barrel - but the volatility in commodity rates will slow global economic growth and use of fuels. Demand for all oil products may grow at only 2-3 per cent in FY23, slower than the current fiscal and nearly half the 5.5 per cent growth estimated by the petroleum ministry, according to industry officials.

Better chip supply fuels passenger vehicle production by 16%: Siam

Better chip supply fuels passenger vehicle production by 16%: Siam

Rediff.com14 Jun 2023

Amid better semiconductor chip supplies, the Indian automotive industry posted an 8 percent growth in production of vehicles across categories for the month of May, with three-wheelers (20 per cent) and passenger vehicles (16 per cent) leading the pack. Exports, however, dipped 21 per cent at an industry level. The industry also recorded its highest-ever May wholesales of domestic passenger vehicles (334,802 units), riding on high demand for sport utility vehicles (SUVs) and better supplies of semiconductor chips.

Ford may make hybrid cars in India

Ford may make hybrid cars in India

Rediff.com26 Oct 2005

US automobile giant Ford Motor Company on Wednesday said it was seriously considering expanding production of its fuel-efficient hybrid car.

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.

'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.

India refutes reports of sending troops to Sri Lanka

India refutes reports of sending troops to Sri Lanka

Rediff.com11 Jul 2022

India on Sunday said it stands with the Sri Lankan people in their aspirations for prosperity and progress through democratic means, established institutions and constitutional framework.

How India stands to gain from global diesel shortage

How India stands to gain from global diesel shortage

Rediff.com5 Dec 2022

A looming global shortage of diesel in Europe presents India with more than one opportunity to profit from strong margins. A shortage of the fuel, a key contributor to inflation, has been exacerbated by the conflict in Ukraine, and western sanctions on Russian fuel supplies. The slowdown in natural gas supply means the West needs diesel to heat their homes this winter.

Modi slams opposition-ruled states for not lowering VAT on fuel

Modi slams opposition-ruled states for not lowering VAT on fuel

Rediff.com27 Apr 2022

Flagging higher fuel prices in many opposition-ruled states, Prime Minister Narendra Modi on Wednesday called it "injustice" to people living there and urged the governments there to reduce VAT in "national interest" to benefit the common man. Modi raised the issue of many states not adhering to the Centre's call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them in November last, and asked them to work in the spirit of cooperative federalism in this time of global crisis. Higher prices in some states were also harmful for neighbouring states, he added.

Why Are Sri Lankans Protesting Against India?

Why Are Sri Lankans Protesting Against India?

Rediff.com20 Mar 2022

Glimpses of the protests in Colombo against the worsening economic crisis

Petrol, diesel prices cut by Rs 2 each

Petrol, diesel prices cut by Rs 2 each

Rediff.com14 Mar 2024

Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.

Sri Lankan crisis worsens as new finance minister quits, dissidents may walk out

Sri Lankan crisis worsens as new finance minister quits, dissidents may walk out

Rediff.com5 Apr 2022

Sri Lanka's new Finance Minister Ali Sabry on Tuesday resigned, a day after President Gotabaya Rajapaksa appointed him after sacking his brother Basil Rajapaksa amidst the island nation's worst economic crisis.

India's power crisis: Who's to be blamed?

India's power crisis: Who's to be blamed?

Rediff.com5 Sep 2014

If the power plants are reporting low coal stocks with them, it is largely because they have improved their power generation to meet higher demand.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

Ukraine crisis: Russian oil companies offer big discounts to India

Ukraine crisis: Russian oil companies offer big discounts to India

Rediff.com15 Mar 2022

As stringent sanctions imposed by the European Union and US are crippling business and trade, desperate Russian oil companies are offering huge discounts to India, provided a payment mechanism to bypass the SWIFT ban is quickly approved by the government. According to sources familiar with the development, Russian oil firms are offering 25-27 per cent discount to the dated Brent crude prices. State-run Rosneft is one the biggest oil companies that supply crude to India.

India's Untold Nepal Stories

India's Untold Nepal Stories

Rediff.com11 Mar 2024

In 2017, a retired R&AW officer conveyed that Uttar Pradesh Chief Minister Yogi Adityanath was keen to get monarchy restored in Nepal and suggested that I support these efforts.

Review: Kota Factory 3 Gets Darker

Review: Kota Factory 3 Gets Darker

Rediff.com21 Jun 2024

The new season takes the students out of their preoccupation with studies to other problems -- jealousy of another's easy success, a blip in a romance, financial crunch, meltdowns, discovers Deepa Gahlot.

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.

India's Russian revolution: Why refiners are buying more Russian crude

India's Russian revolution: Why refiners are buying more Russian crude

Rediff.com10 Jun 2022

India may see a structural shift in supplies of crude oil with Russia emerging as a key source of fuels, a development that reduces New Delhi's dependence on West Asian oil, gives Indian refiners better bargaining power with price-setter Saudi Arabia, and improves overall energy security. The unexpected surge in supplies of Russian crude in the last few months, unthinkable until the war in Ukraine, may also deliver other unforeseen gains such as boosting exports of refined fuels to Europe, which historically has counted on Russian shipments. India has jumped on to the bandwagon of opportunistic buying of Russian crude but if calibrated carefully, Urals crude can be a long-term asset for India refiners.

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

Ranil thanks India for providing Lanka 'a breath of life'

Ranil thanks India for providing Lanka 'a breath of life'

Rediff.com3 Aug 2022

President Ranil Wickremesinghe on Wednesday thanked India and Prime Minister Narendra Modi for giving Sri Lanka 'a breath of life' by providing timely economic assistance to his country as it faced the worst economic crisis in decades.

At COP28, Modi proposes to host 2028 climate talks in India

At COP28, Modi proposes to host 2028 climate talks in India

Rediff.com2 Dec 2023

Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.

PMO gets involved, seeks to defuse power crisis

PMO gets involved, seeks to defuse power crisis

Rediff.com12 Oct 2021

The Prime Minister's Office on Tuesday reviewed the coal supply and power generation scenario as the government looks at ways to defuse the energy crisis being faced by several states.

Nepal PM snubs India, to visit China first

Nepal PM snubs India, to visit China first

Rediff.com30 Dec 2015

The proposed China visit of Oli, who took over as prime minister in October, is in marked contrast to the usual practice the new prime ministers of Nepal follow. Most of the Nepalese premiers have visited India, ahead of China.

Air India crisis: Supreme Court raps government

Air India crisis: Supreme Court raps government

Rediff.com12 Oct 2014

The bench, which wanted the Civil Aviation Ministry to think over the various issues plaguing the national carrier, also said other area of concern was the priority given to private airlines with Air India aircraft being asked to hover around during the peak landing hours causing huge loss of money on fuel.

No end in sight to price India pays for imported coal

No end in sight to price India pays for imported coal

Rediff.com6 Jul 2022

India always faces a Hobson's choice as far as feeding coal-fired generators goes - even if the government is reluctant to admit it. The country cannot do without shipping in the world's most polluting fuel from overseas. And it will continue to do so unless it decides to reduce demand by forcing citizens, farmers and businesses to live without electricity for part of the day, or use diesel generators to fire facilities.

India stands with Sri Lankan people, says MEA amid political turmoil

India stands with Sri Lankan people, says MEA amid political turmoil

Rediff.com10 Jul 2022

MEA xpokesperson Arindam Bagchi said India continues to closely follow the developments in Sri Lanka and that it is aware of the many challenges that the country and its people have been facing.

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.

Proud mom says Gukesh's win 'yet to sink in'

Proud mom says Gukesh's win 'yet to sink in'

Rediff.com23 Apr 2024

Gukesh's journey wasn't easy as his family dug into their savings and also turned to crowd-funding to fuel his dream.

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com21 Apr 2024

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.