News for 'india oil imports'

Idli Vs Aloo Paratha: How Healthy Is Your Breakfast?

Idli Vs Aloo Paratha: How Healthy Is Your Breakfast?

Rediff.com1 Sep 2025

Dr Rajeshwari Panda, head of the dietetics department at Medicover Hospital, breaks down the nutritional value of some of India's most loved breakfast options.

Stock markets weather Trump tariff storm

Stock markets weather Trump tariff storm

Rediff.com7 Aug 2025

Among Sensex firms, Tech Mahindra, HCL Tech, Eternal, Axis Bank, Maruti, Tata Steel, HDFC Bank and Asian Paints were the gainers. However, Adani Ports, Trent, Tata Motors, Hindustan Unilever and NTPC were among the laggards.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

India will continue to import oil from Iran despite US sanctions

India will continue to import oil from Iran despite US sanctions

Rediff.com5 Oct 2018

US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.

Trump's Tariffs: No More Protectionism Please!

Trump's Tariffs: No More Protectionism Please!

Rediff.com26 Aug 2025

Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.

Odisha Recipe: Shristi's Chhena Gaja

Odisha Recipe: Shristi's Chhena Gaja

Rediff.com1 Aug 2025

A soft, juicy mithai, totally delicious, that 'hails' from the eastern part of India, especially Odisha.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Aug 2025

Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.

Crude palm oil rates on boil, FMCG prices move north

Crude palm oil rates on boil, FMCG prices move north

Rediff.com28 Oct 2024

With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers. Crude palm oil, one of the main ingredients in the manufacture of some consumer goods, saw a price rise of 45.2 per cent in the last three months. One of the country's largest consumer companies, Hindustan Unilever, said it has already started to take price increases in the skin cleansing category.

US to send energy expert to help India cut Iran oil imports

US to send energy expert to help India cut Iran oil imports

Rediff.com9 May 2012

The US will send its top energy expert to India next week to help the country reduce dependence on Iranian oil, Secretary of State Hillary Clinton has said as she lauded the steps taken by New Delhi on the issue.

US revises India tariffs downwards, to....

US revises India tariffs downwards, to....

Rediff.com4 Apr 2025

These duties will come into force from April 9.

'Trump Tilting Towards Pakistan'

'Trump Tilting Towards Pakistan'

Rediff.com13 Aug 2025

'India is too important to the United States for there to be any kind of a permanent bump in the relationship.'

Explained: How India's crude import sources have changed over time

Explained: How India's crude import sources have changed over time

Rediff.com16 Sep 2022

India's crude oil imports are coming in from a changing mix of countries, with the top three accounting for around 60 per cent of total imports. Russia emerged as the largest source of crude oil imports for India in June, as per the latest available data from the Organization of the Petroleum Exporting Countries (OPEC). The data which is released with a lag, showed that Russian imports accounted for 24 per cent of the total crude imports into the country.

India's oil demand to jump 40% in 10 years: PM

India's oil demand to jump 40% in 10 years: PM

Rediff.com1 Nov 2010

India, which consumed over 138 million tonnes of fuel in 2009-10, imports three-fourth of its oil needs and one-third of its gas requirement.

India has no problem in making payment for Russian oil: Hardeep Puri

India has no problem in making payment for Russian oil: Hardeep Puri

Rediff.com4 Jan 2024

There is no payment problem for Russian crude, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday. He said there is no proposal to cut retail fuel prices at the moment. Addressing a press conference, the minister said India enjoys a buyers' position and foreign suppliers are approaching Indian companies with offers to sell oil.

India may import 15 mn barrels of cheap Russian oil

India may import 15 mn barrels of cheap Russian oil

Rediff.com24 Mar 2022

Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in 2022, Business Standard has learnt. This comes after reports that Indian Oil Corporation (IOC) bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This will be on cost, insurance and freight (CIF) model, where the seller incurs the costs and pays the freight, including insurance charges.

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

Schoolboy in playground: Tharoor on Trump's 'dead economy' remark

Schoolboy in playground: Tharoor on Trump's 'dead economy' remark

Rediff.com4 Aug 2025

The entire impact of Trump's tariff policies over the last six months or so has taken the whole world back, and India too had a bit of a jolt just two to three days ago, Tharoor said.

'You'll weather it': Fiji PM backs Modi over US tariff move

'You'll weather it': Fiji PM backs Modi over US tariff move

Rediff.com27 Aug 2025

Fijian Prime Minister Sitiveni Rabuka discussed US tariffs on Indian goods with Prime Minister Narendra Modi, noting that "somebody is not very happy with you." The discussion occurred during Rabuka's visit to India to strengthen ties.

Modi, Xi likely to meet twice on Sunday at SCO summit

Modi, Xi likely to meet twice on Sunday at SCO summit

Rediff.com29 Aug 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.

Modi to visit China for SCO summit after 7 yrs amid thaw in bilateral ties

Modi to visit China for SCO summit after 7 yrs amid thaw in bilateral ties

Rediff.com23 Aug 2025

Prime Minister Narendra Modi will travel to China to attend the Shanghai Cooperation Organisation (SCO) summit, marking his first visit in over seven years. The visit signals a potential improvement in India-China relations after recent tensions.

'This Shock May Trigger Suicides'

'This Shock May Trigger Suicides'

Rediff.com25 Sep 2025

'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'

Any correction in oil marketing companies could be a buying opportunity

Any correction in oil marketing companies could be a buying opportunity

Rediff.com3 Sep 2024

Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Prices for the Indian crude basket were averaging around $86.2 per barrel through Q1FY25 and then moderated to $84 in July and to $78-79 in August (so far). But global crude supply may outpace weak global demand in the short term.

Exports fall 2.17% in May; trade deficit narrows

Exports fall 2.17% in May; trade deficit narrows

Rediff.com16 Jun 2025

After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.

Imports: Edible oil industry cautions govt

Imports: Edible oil industry cautions govt

Rediff.com26 Jun 2009

The industry body warned that such high imports will make the country heavily dependent on exporting countries, which can dictate their own terms and prices in future. It said imports of vegetable oils has increased by about 86 per cent to 46.83 lakh tonnes during November-May period in 2008-09 oil year from 25.22 lakh tonnes in the year-ago period.

Indian team to return to US for further trade talks

Indian team to return to US for further trade talks

Rediff.com19 Jul 2025

India and the US have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington. Both sides are looking at finalising an interim trade deal before August 1. Issues related to agriculture and automobiles figured during the negotiations.

US tariff jolts UP's export hubs; industry seeks govt bailout

US tariff jolts UP's export hubs; industry seeks govt bailout

Rediff.com1 Sep 2025

Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.

India, US trade talks likely to resume in Washington

India, US trade talks likely to resume in Washington

Rediff.com17 Apr 2025

An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.

'Impact Of War On India Could Be Dramatic'

'Impact Of War On India Could Be Dramatic'

Rediff.com30 Jun 2025

'With the US having entered the war, raising the risks of a wider conflict, those impacts could be even more damaging.'

Exports contracts; trade deficit widens to $23 bn

Exports contracts; trade deficit widens to $23 bn

Rediff.com17 Feb 2025

eclined for the third month in a row in January, falling by 2.38 per cent year-on-year to $36.43 billion, while the trade deficit widened to $22.99 billion in the month. Imports rose by 10.28 per cent year-on-year to $59.42 billion in January due to an increase gold shipments, according to the Commerce Ministry data. The trade deficit was $21.94 billion in December and $16.55 billion in January last year.

Modi invites Zelenskyy to visit India; he says...

Modi invites Zelenskyy to visit India; he says...

Rediff.com24 Aug 2024

Prime Minister Narendra Modi on Friday invited President Volodymyr Zelenskyy to visit India and the Ukrainian leader said he would be happy to travel to the 'great' country.

Spike in oil price breaking India's back: Jaishankar

Spike in oil price breaking India's back: Jaishankar

Rediff.com28 Sep 2022

India is deeply concerned over the spike in the price of oil due to the Russia-Ukraine conflict and it is "breaking our back," External Affairs Minister S Jaishankar has said. Addressing a joint press conference with US Secretary of State Antony Blinken after holding bilateral talks, Jaishankar on Tuesday said there is a very deep concern among developing countries about how their energy needs are addressed. Speaking about the Ukraine war, he said: "We have taken the position privately, publicly, confidentially and consistently that this conflict is not in anybody's interest."

Will The Dragon And Elephant Dance Again?

Will The Dragon And Elephant Dance Again?

Rediff.com7 Aug 2025

A meeting with Chinese President Xi Jinping on the sidelines of the SCO summit is being planned.

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

Sensex, Nifty close almost flat amid caution ahead of US tariff deadline

Sensex, Nifty close almost flat amid caution ahead of US tariff deadline

Rediff.com7 Jul 2025

From the Sensex firms, Hindustan Unilever, Kotak Mahindra Bank, Trent, Reliance Industries, Asian Paints and ITC were among the gainers. However, Bharat Electronics Ltd, Tech Mahindra, UltraTech Cement, Maruti and Eternal were among the laggards.

'On Beijing, Delhi Will Sleep With One Eye Open'

'On Beijing, Delhi Will Sleep With One Eye Open'

Rediff.com23 Aug 2025

'New Delhi is not naive about its foreign policy choices.'

Factors that will drive the stock markets this week

Factors that will drive the stock markets this week

Rediff.com29 Jun 2025

Trading activity of foreign investors and crude oil prices would also remain in the limelight during the week, experts noted. "This week brings a series of important economic data releases from India and the United States, which are likely to influence market sentiment and central bank outlooks.

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

Rediff.com30 Jun 2025

The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.

'Trump's Gaza-Ukraine Resolution to Benefit India'

'Trump's Gaza-Ukraine Resolution to Benefit India'

Rediff.com13 Feb 2025

'Geopolitical stability could remove the crude oil risk premium.'

How a full-blown Iran-Israel war may hurt India's trade

How a full-blown Iran-Israel war may hurt India's trade

Rediff.com2 Oct 2024

The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.