News for 'indian refiners'

Isha Ambani's STUNNING Oscar Debut!

Isha Ambani's STUNNING Oscar Debut!

Rediff.com16 Mar 2026

The managing director of Reliance Retail Ventures Limited turned heads in a vintage Valentino for her debut at the Oscars 2026.

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

Rediff.com27 Mar 2026

State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.

Banks urge RBI to revisit forex cap, flag MTM losses

Banks urge RBI to revisit forex cap, flag MTM losses

Rediff.com5 days ago

Indian banks are urging the Reserve Bank of India (RBI) to reconsider its new $100 million cap on net open foreign-exchange positions, warning that the directive could lead to significant mark-to-market (MTM) losses and force an accelerated unwinding of trades, potentially impacting FY26 earnings.

13 Must-Visit Indian Literary Festivals

13 Must-Visit Indian Literary Festivals

Rediff.com26 Feb 2026

Lit fests in India have become vibrant cultural celebrations across India, bringing together celebrated authors, emerging voices, poets, thinkers and passionate readers, many of them very young, under one lively roof.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com20 Mar 2026

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

Situation under control, energy security stable: Centre on West Asia crisis

Situation under control, energy security stable: Centre on West Asia crisis

Rediff.com26 Mar 2026

There is no cause for concern, as the overall situation arising out of the crisis is firmly under control, the Centre informed while briefing political parties at the all-party meet.

Petrol Prices Stay Put For Now

Petrol Prices Stay Put For Now

Rediff.com10 Mar 2026

If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.

Trump is a 'dictator' and Modi is his slave: Kharge

Trump is a 'dictator' and Modi is his slave: Kharge

Rediff.com8 Mar 2026

AICC President Mallikarjun Kharge criticised Prime Minister Narendra Modi's relationship with US President Donald Trump, alleging that Modi is acting as Trump's 'slave' and jeopardising India's interests on trade, oil and foreign policy.

All queries answered, Oppn backs govt on West Asia: Kiren Rijiju

All queries answered, Oppn backs govt on West Asia: Kiren Rijiju

Rediff.com25 Mar 2026

He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.

10 Celebs With Clothing Labels

10 Celebs With Clothing Labels

Rediff.com27 Feb 2026

Several prominent Indian celebrities have interests beyond the silver screen or cricket pitch.

'We Wanted To Create A Brand From India For The World'

'We Wanted To Create A Brand From India For The World'

Rediff.com2 Mar 2026

"There is an India that is embracing global luxury symbols and another which, as it evolves, is comfortable owning its 'Indian-ness'. We're deeply rooted in India, yet global," say Nicobar Design founders Simran Lal and Raul Rai.

'Stay Away From Equities. Buy Gold'

'Stay Away From Equities. Buy Gold'

Rediff.com4 days ago

'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'

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.

Houthi attacks on Russian oil tankers complicate things for Indian refiners

Houthi attacks on Russian oil tankers complicate things for Indian refiners

Rediff.com19 Feb 2024

The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.

India to cut direct Russian crude imports from December

India to cut direct Russian crude imports from December

Rediff.com5 Nov 2025

India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com7 days ago

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

Tariffs on India 'huge success', may be rolled back: US treasury secy

Tariffs on India 'huge success', may be rolled back: US treasury secy

Rediff.com24 Jan 2026

US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.

FIH Pro League: New skipper, new start: India eye comeback

FIH Pro League: New skipper, new start: India eye comeback

Rediff.com20 Feb 2026

The Indian men's hockey team, led by new captain Hardik Singh, is looking to rebound from recent losses as they begin the FIH Pro League's overseas leg against Spain in Hobart. The team aims to use these matches to refine their strategy and build momentum for upcoming major tournaments.

No word from India on stopping oil imports: Russia

No word from India on stopping oil imports: Russia

Rediff.com3 Feb 2026

The Kremlin states it has not received confirmation from India regarding a halt to Russian oil purchases, following claims made by former US President Donald Trump. Russia affirms its commitment to strengthening relations with India.

XEV 9e Cineluxe @29.35L: Whats New

XEV 9e Cineluxe @29.35L: Whats New

Rediff.com3 Mar 2026

Mahindra pushes premium EV strategy with XEV 9e Cineluxe, blending luxury design, immersive technology and over 500 km range capability.

Mercedes's All-New V-Class redines 'private suite on wheels'

Mercedes's All-New V-Class redines 'private suite on wheels'

Rediff.com2 Mar 2026

The V-Class will be locally produced at the Mercedes facility in Chakan, near Pune, making it the second product, after the Mercedes-Maybach GLS, to begin local production.

T20 World Cup: India vs Pak: SKY recreates Tariq's bowling action in practice

T20 World Cup: India vs Pak: SKY recreates Tariq's bowling action in practice

Rediff.com15 Feb 2026

India's cricket team, led by Suryakumar Yadav, is focusing on Pakistan's spin bowler Usman Tariq and his unorthodox bowling action during practice sessions in preparation for their T20 World Cup match.

India free to buy oil from any country, says Russia amid US claims

India free to buy oil from any country, says Russia amid US claims

Rediff.com4 Feb 2026

The Kremlin has stated that India is free to purchase oil from any country, dismissing claims that India agreed to reduce Russian oil imports. Russia maintains that energy trade with India benefits both nations and contributes to international energy market stability.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

India Suffers While China, EU Buy Russian Oil

India Suffers While China, EU Buy Russian Oil

Rediff.com7 Jan 2026

India has gained the least since Russia invaded Ukraine in February 2022 and was penalised the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war.

Indian oil refiners continue to source oil from Russia

Indian oil refiners continue to source oil from Russia

Rediff.com2 Aug 2025

Indian OMCs have not been buying Iranian or Venezuelan crude which is actually sanctioned by US. OMCs have always complied with the price cap of $60 for Russian oil recommended by the US.

India winds down Russian oil buys, ramps up US imports: USTR

India winds down Russian oil buys, ramps up US imports: USTR

Rediff.com11 Feb 2026

Greer said that India has taken down some digital services taxes and is moving tariffs down.

Europe 'funding war against itself': Scott Bessent on India-EU FTA

Europe 'funding war against itself': Scott Bessent on India-EU FTA

Rediff.com27 Jan 2026

US Treasury Secretary Scott Bessent's remarks come ahead of a high-level summit where India and the European Union are expected to formally announce the conclusion of negotiations on a comprehensive free trade agreement.

Secret Message In Rashmika's Bridal Veil

Secret Message In Rashmika's Bridal Veil

Rediff.com27 Feb 2026

Here's every tiny detail you need to know about one of the most high-profile, intimate celebrity weddings of the season.

India's Russian oil import rebounds in Oct after dip in Q2

India's Russian oil import rebounds in Oct after dip in Q2

Rediff.com17 Oct 2025

India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data.

Indian refiners beat global peers in margin game

Indian refiners beat global peers in margin game

Rediff.com13 Feb 2009

Refining margin is the difference in prices of crude oil and finished products. More exposure to diesel behind less fall in Indian refining margins.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

What The 2026 Bride Really Wants

What The 2026 Bride Really Wants

Rediff.com4 Feb 2026

'She understands her body, comfort level and personal style and no longer dresses to impress others.'

Russia to remain India's No 1 crude oil supplier: Analysts

Russia to remain India's No 1 crude oil supplier: Analysts

Rediff.com5 Oct 2025

India's crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country's total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow's war effort in Ukraine. India's crude imports in September were around 4.7 million barrels per day, up 220,000 bpd month-on-month and flat year-on-year.

7 Recipes By Star Chef Vikas Khanna

7 Recipes By Star Chef Vikas Khanna

Rediff.com5 Feb 2026

Chef Vikas Khanna has been shortlisted for the James Beard Awards 2026, placing him among the most revered names in the global culinary world.

Iran crisis may hit expansion of Indian refiners

Iran crisis may hit expansion of Indian refiners

Rediff.com4 Mar 2013

According to an official source, the Rs 8,000-crore (Rs 80-billion) capacity expansion plan by Chennai Petroleum Corporation Ltd may get hit as European companies are reluctant to give technology licensing for the upcoming six-million tonne units.

Why India-US Trade Deal Is Delayed

Why India-US Trade Deal Is Delayed

Rediff.com14 Jan 2026

A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.

US calls India-EU trade deal 'very disappointing'

US calls India-EU trade deal 'very disappointing'

Rediff.com29 Jan 2026

In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.

Reliance to comply with US sanctions on Russian oil

Reliance to comply with US sanctions on Russian oil

Rediff.com24 Oct 2025

Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements.

Can India do without Russian oil?

Can India do without Russian oil?

Rediff.com10 Aug 2025

'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'