News for 'indian refiners'

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

Hindalco net profit rises 21% to Rs 4,741 crore

Hindalco net profit rises 21% to Rs 4,741 crore

Rediff.com8 Nov 2025

Aditya Birla Group's Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to Rs 4,741 crore in the second quarter of 2025-26 (Q2FY26), driven by its Indian business and its US-based subsidiary, Novelis.

Don't Expect A Reprieve From Trump!

Don't Expect A Reprieve From Trump!

Rediff.com17 Oct 2025

'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.

Trump admin to fight lawsuits against H-1B fee hike

Trump admin to fight lawsuits against H-1B fee hike

Rediff.com24 Oct 2025

The US government will fight lawsuits aimed at blocking the USD 100,000 fee imposed on new H-1B visa petitions, asserting that the system was spammed with fraud and must be overhauled to prioritise American workers.

Easwaran hails Gambhir's impact on his batting

Easwaran hails Gambhir's impact on his batting

Rediff.com1 Nov 2025

Easwaran has been a domestic cricket stalwart for Bengal, with 107 first-class games, 8,070 runs at an average of 48.32 with the help of 27 centuries and 33 fifties.

Trump doubles tariff on India to 50% for buying Russian oil

Trump doubles tariff on India to 50% for buying Russian oil

Rediff.com6 Aug 2025

US President Donald Trump on Wednesday slapped an additional 25 per cent tariff on goods coming from India as penalty for New Delhi's continued buying of Russian oil.

Sudharsan wants to be versatile like K L Rahul

Sudharsan wants to be versatile like K L Rahul

Rediff.com29 Oct 2025

India's Test No 3 Sai Sudharsan said his primary aim is to win matches for the team rather than focusing on individual goals.

'Efficiency of E20 is more or less on a par with petrol'

'Efficiency of E20 is more or less on a par with petrol'

Rediff.com23 Sep 2025

'Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.'

'Your Body Only Needs 4 Tsp Oil Per Day'

'Your Body Only Needs 4 Tsp Oil Per Day'

Rediff.com10 Nov 2025

"If you are eliminating rice, oil, nuts or any food items which give you good nutrients, it becomes very difficult to manage the other nutrients which were supposed to come from that food item," explains Dr Rajeshwari Panda.

No retirement for Deepika Kumari yet...

No retirement for Deepika Kumari yet...

Rediff.com3 Oct 2025

Deepika Kumari is not contemplating retirement just yet and is instead focusing on building mental strength to handle high-pressure situations, with an eye on a final hurrah at the Los Angeles Games.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

Iran-Israel war: India ramps up oil imports from Russia, US in June

Iran-Israel war: India ramps up oil imports from Russia, US in June

Rediff.com22 Jun 2025

Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.

Used cooking oil to produce sustainable aviation fuel: IndianOil

Used cooking oil to produce sustainable aviation fuel: IndianOil

Rediff.com17 Aug 2025

Cooking oil is often discarded after being used for frying at home or in restaurants. However, a refinery of IndianOil has now won a certification to use the same oil to produce sustainable aviation fuel (SAF), the company chairman Arvinder Singh Sahney said.

How Rejection Built Billion Dollar Brand

How Rejection Built Billion Dollar Brand

Rediff.com16 Oct 2025

'Stop fearing 'No' and build your empire. 'By embracing rejection, you gain clarity, data and a stronger team, paving the way for inevitable growth,' Mamaearth Co-Founder Ghazal Alagh tells aspiring entrepreneurs.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

How Jitesh Sharma won back his India spot

How Jitesh Sharma won back his India spot

Rediff.com1 Sep 2025

Karthik said Jitesh's turnaround stemmed from focusing less on desperation for an India spot and more on refining his finishing skills.

Low-income groups to drive branded sugar demand

Low-income groups to drive branded sugar demand

Rediff.com15 Sep 2025

The demand growth in the low-income category is expected to be driven mainly by packaged branded sugar as well as traditionally consumed gur (jaggery) and khandsari.

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Rediff.com31 Jul 2025

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates.

Does Trump Know? India, US Unite For Military Drills

Does Trump Know? India, US Unite For Military Drills

Rediff.com4 Sep 2025

'When our soldiers trained side by side, we demonstrated to the world that our partnership is strong, enduring and prepared to meet any challenge.'

Time India Learnt From China Playbook

Time India Learnt From China Playbook

Rediff.com20 Aug 2025

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.

Reits keep lights on for India's office leasing as market flickers

Reits keep lights on for India's office leasing as market flickers

Rediff.com13 Oct 2025

With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.

From Ventilator To Podium: An Inspiring Comeback Tale!

From Ventilator To Podium: An Inspiring Comeback Tale!

Rediff.com23 Sep 2025

Bhagyashree Jadhav: From Life on a Ventilator to Chasing Gold on Home Soil

Ibrahim-Sharvari: 'Match Made In Heaven'?

Ibrahim-Sharvari: 'Match Made In Heaven'?

Rediff.com9 Sep 2025

Sparks fly on the runway as Ibrahim Ali Khan and Sharvari Wagh steal the show in Amit Aggarwal's couture.

'When I Can't Take Nonsense Any Longer Then Sparks Begin To Fly'

'When I Can't Take Nonsense Any Longer Then Sparks Begin To Fly'

Rediff.com23 Oct 2025

'Look after your own mother before looking after your neighbour's mother.' 'I don't believe in starving my own mother and feeding sweets to the neighbours.'

Gill shares Sachin's advice that changed his game!

Gill shares Sachin's advice that changed his game!

Rediff.com2 Oct 2025

Showing an insatiable hunger to learn and succeed, Shubman Gill turned to senior players and former greats for insights, embodying the ethos of a student of the game.

Microsoft Restores Services To Nayara

Microsoft Restores Services To Nayara

Rediff.com31 Jul 2025

Microsoft Corp has restored all services -- including email access -- to Russian oil giant Rosneft-backed Nayara Energy, just before a scheduled hearing in the Delhi high court over the service suspension.

Disha, Khushi, Pranita Glow For Gaurav Gupta

Disha, Khushi, Pranita Glow For Gaurav Gupta

Rediff.com11 Aug 2025

Bollywood beauties, dressed in the designer's finest creations, sashayed down the red carpet.

Trump Tantrum: 'Present Moment Difficult For India'

Trump Tantrum: 'Present Moment Difficult For India'

Rediff.com20 Aug 2025

'Geopolitically and diplomatically it's a very difficult situation for India.'

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

Nita Ambani centre puts India Weekend in New York on hold

Nita Ambani centre puts India Weekend in New York on hold

Rediff.com1 Sep 2025

Amid escalating India-US trade tensions, Nita Mukesh Ambani Cultural Centre -- the tony cultural event outfit run by billionaire Mukesh Ambani's wife -- has postponed next week's theatrical event in New York, citing "unforeseen circumstances".

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

West Indies women to sharpen batting skills at CSK

West Indies women to sharpen batting skills at CSK

Rediff.com18 Aug 2025

West Indies women cricketers undergo two-week training camp at CSK Academy

We've not had a US president who...: Jaishankar amid tariff war

We've not had a US president who...: Jaishankar amid tariff war

Rediff.com23 Aug 2025

The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including 25 per cent additional duties for India's purchase of Russian crude oil.

'Like vampires sucking blood dry': Trump's aide slams BRICS

'Like vampires sucking blood dry': Trump's aide slams BRICS

Rediff.com9 Sep 2025

Former White House trade advisor Peter Navarro has criticised India for continuing to procure Russian oil, alleging profiteering and contributing to the Russia-Ukraine war. India defends its energy procurement as driven by national interest and market dynamics.

L&T to set up India's largest green hydrogen plant at IOCL Panipat Refinery

L&T to set up India's largest green hydrogen plant at IOCL Panipat Refinery

Rediff.com21 Jul 2025

Infrastructure major Larsen & Toubro (L&T) on Monday said its arm will set up the nation's largest green hydrogen plant at Indian Oil Corporation's Panipat Refinery in Haryana.

'We will come together': Trump official amid tariffs

'We will come together': Trump official amid tariffs

Rediff.com27 Aug 2025

Describing the India-United States relationship as 'very complicated', US Treasury Secretary Scott Bessent on Wednesday hoped that 'at the end of the day, we will come together.'

Now, Trump threatens India with 'secondary sanctions'

Now, Trump threatens India with 'secondary sanctions'

Rediff.com7 Aug 2025

United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.

Modi, Trump hail 'special' Indo-US ties amid tension

Modi, Trump hail 'special' Indo-US ties amid tension

Rediff.com6 Sep 2025

Prime Minister Narendra Modi on Saturday 'deeply' appreciated United States President Donald Trump's 'positive assessment' of the India-US partnership after the American leader hailed the 'special' relationship between the two nations -- remarks seen as an attempt to check the downturn in the ties.

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.

Why savings from Russian oil has dropped to a third

Why savings from Russian oil has dropped to a third

Rediff.com9 Sep 2024

Savings for Indian refiners from purchasing Russian oil have decreased to a third of what they were in the years following Russia's invasion of Ukraine, which triggered global crises, sanctions, and discounted Russian oil seeking buyers. Despite this, savings from importing cheap Russian oil were significant enough to help Indian refiners tide over frozen petrol and diesel pump prices.