News for 'oil companies'

'Big Discovery In Deepwater Basin Need Of Hour'

'Big Discovery In Deepwater Basin Need Of Hour'

Rediff.com3 Sep 2025

'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.'

FMCG players witness strong Q3 recovery

FMCG players witness strong Q3 recovery

Rediff.com11 Jan 2026

Driven by GST reforms, robust festive demand, and softening raw material prices, the FMCG industry expects volume-based growth, supported by a mid-single digit revenue rise and improved operating margins in the December quarter.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

'India Should Not Rush To Celebrate Trump's Trade Announcement'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

Rediff.com3 Feb 2026

'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'

Russia's new N-powered missile has indefinite range: Putin

Russia's new N-powered missile has indefinite range: Putin

Rediff.com27 Oct 2025

Russian President Vladimir Putin, in his address to the Federal Assembly (Russia's bicameral parliament) on Sunday, stated that Moscow had developed a small-sized nuclear power unit that could be used in a cruise missile to extend its range practically indefinitely.

India may delay oil company share sales, threatening fund-raising target

India may delay oil company share sales, threatening fund-raising target

Rediff.com2 Apr 2015

New Delhi has missed its target for partial privatisations for the past five years

Sensex falls 344 pts amid profit-taking, foreign fund outflows

Sensex falls 344 pts amid profit-taking, foreign fund outflows

Rediff.com24 Oct 2025

Among Sensex firms, Hindustan Unilever dropped the most by 3.20 per cent. UltraTech Cement, Kotak Mahindra Bank, Adani Ports, Titan, HDFC Bank and Axis Bank were also among the laggards. However, Bharti Airtel, ICICI Bank, Bharat Electronics and Sun Pharma were among the gainers.

Amid tariff strain, Jaishankar, Rubio hold talks on trade, defence

Amid tariff strain, Jaishankar, Rubio hold talks on trade, defence

Rediff.com14 Jan 2026

External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discussed cooperation in trade, critical minerals, nuclear energy, and defence, reaffirming commitment to a free and open Indo-Pacific.

Marico Q2 net down 0.7%

Marico Q2 net down 0.7%

Rediff.com16 Nov 2025

The consolidated net profit of Marico, the maker of Parachute coconut oil, declined 0.7 per cent in the second quarter (July-September) of 2025-26 (Q2FY26).

Consumer durable firms set to hike prices as rupee slides

Consumer durable firms set to hike prices as rupee slides

Rediff.com5 Dec 2025

As the rupee has been on a downward slide and crossed 90 a dollar, consumer electronics firms are looking to raise prices of products ranging from air conditioners (ACs) to television panels up to 10 per cent.

US LPG pact may shield India from geopolitical shocks

US LPG pact may shield India from geopolitical shocks

Rediff.com26 Nov 2025

India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel.

Tyre stocks to ride demand, margin tailwinds; global risks may bite

Tyre stocks to ride demand, margin tailwinds; global risks may bite

Rediff.com5 Jan 2026

Shares of tyre manufacturers have outperformed broader equity benchmarks, buoyed by multiple tailwinds. Softer raw material prices, an uptick in demand from automakers following the reduction of the goods and services tax (GST) rates, and steady replacement demand have lifted sentiment toward the sector.

India Diversifies Petroleum Exports To New Markets

India Diversifies Petroleum Exports To New Markets

Rediff.com17 Nov 2025

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.

Oil companies face Rs 2 lakh cr loss

Oil companies face Rs 2 lakh cr loss

Rediff.com21 Apr 2011

This will be the highest ever revenue loss or the under-recovery by oil retailing companies in India.

Finding The Perfect Goan Seafood Curry

Finding The Perfect Goan Seafood Curry

Rediff.com13 Jan 2026

Sona Bahadur's Goa currython yielded interesting results.

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.

Five Risks For The Indian Economy

Five Risks For The Indian Economy

Rediff.com22 Jan 2026

India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.

Higher prices, demerger to boost margins, unlock value for Vedanta

Higher prices, demerger to boost margins, unlock value for Vedanta

Rediff.com27 Dec 2025

Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.

How to Turn Market News into Tradable Stocks?

How to Turn Market News into Tradable Stocks?

Rediff.com18 Dec 2025

If you are actively trading, you can't possibly overlook headlines. Early announcements, policy changes, or even a disruption in a certain industry habitually grab your attention. These headlines, when strategically assessed, can generate profitable trading ideas.

BSE Sensex tops other assets classes by a hefty margin in 40 years

BSE Sensex tops other assets classes by a hefty margin in 40 years

Rediff.com9 Jan 2026

The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.

US lawmakers move resolution to end Trump tariffs on India

US lawmakers move resolution to end Trump tariffs on India

Rediff.com13 Dec 2025

Representatives Deborah Ross of North Carolina, Marc Veasey of Texas and Raja Krishnamoorthi of Illinois introduced the resolution on Friday in the House of Representatives to terminate Trump's national emergency authorising tariffs of up to 50 per cent on imports from India, helping to restore Congress' constitutional authority over trade.

Sensex ends down 176 points; IT, oil stocks drag

Sensex ends down 176 points; IT, oil stocks drag

Rediff.com9 Jul 2025

From the Sensex firms, HCL Tech, Tata Steel, Tech Mahindra, Reliance Industries, Bharat Electronics and ICICI Bank were among the laggards. Bajaj Finance, Hindustan Unilever, UltraTech Cement and Power Grid were among the gainers.

Oil companies take credit flow to positive zone

Oil companies take credit flow to positive zone

Rediff.com10 Jun 2008

The oil marketing companies are driving credit growth. The banking sector -- which typically sees credit contraction in the initial months -- has managed to buck the trend and has added nearly Rs 16,000 crore (Rs 160 billion) of advances in the first seven weeks of the current financial year thanks to the demand from the two sectors.

Airfares May Surge After Court Order

Airfares May Surge After Court Order

Rediff.com19 Dec 2025

The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

'Direct threat to US': Trump sanctions Indian firms

'Direct threat to US': Trump sanctions Indian firms

Rediff.com21 Nov 2025

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.

India could double US energy purchases this year to offset tariff threat

India could double US energy purchases this year to offset tariff threat

Rediff.com24 Apr 2025

India's purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. The surge comes in the wake of the then-incoming Donald Trump administration's announcement that it would consider hiking tariffs on a reciprocal basis, and pushed some countries, especially those with large trade surpluses with the US, to buy more of its energy.

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.

Oil: India to save Rs 1.8 lakh cr on import bill

Oil: India to save Rs 1.8 lakh cr on import bill

Rediff.com7 May 2025

India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com9 Nov 2025

Inflation data, quarterly earnings and global trends will be the major driving factors for stock markets this week, analysts said. Moreover, the trading activity of foreign investors would also influence the equity market trends.

What Weapons Will Putin Sell India On Rare State Visit?

What Weapons Will Putin Sell India On Rare State Visit?

Rediff.com29 Nov 2025

On the table are additional batches of S-400 surface-to-air missile systems from Russia, which India used with immense success during Operation Sindoor. India could buy at least two squadrons of Su-57 fighter jets plus joint production of S-500 air defence systems.

When To Discard Your Bra, Briefs, Body Lotions...

When To Discard Your Bra, Briefs, Body Lotions...

Rediff.com15 Dec 2025

Is there an expiry date for a bra or briefs? When do they cease to give support?

'Indian Youth Can Expect Career Growth In Russia'

'Indian Youth Can Expect Career Growth In Russia'

Rediff.com4 Dec 2025

'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'

Have You Tasted Yummy Ambur Biryani?

Have You Tasted Yummy Ambur Biryani?

Rediff.com4 Dec 2025

The biryani, happily, was the very definition of simple. light-textured, with a subtle tomato-ey twang, it reminded me a lot of a North Indian pulao. The flavour whack came from the sweet-sour Khatta Baingan simmered in a gravy of tamarind, jaggery, fried mustard seeds, and spices, served with it.

Major oil leak triggers alert after cargo ship sinks off Kerala coast

Major oil leak triggers alert after cargo ship sinks off Kerala coast

Rediff.com25 May 2025

A Liberian cargo ship carrying 640 containers, including 13 hazardous cargoes, has sunk off the coast of Kerala, raising concerns of environmental damage. The ship, MSC ELSA 3, capsized and sank in the early hours of May 25 after listing rapidly. The three remaining crew members were rescued by the Indian Navy. The Indian Coast Guard is monitoring the situation for any oil spills and has positioned a ship with pollution response equipment at the scene. The ship was carrying 84.44 MT of diesel and 367.1 MT of furnace oil, in addition to the hazardous cargo. The Kerala State Disaster Management Authority has cautioned the public against touching any cargo containers or oil spills that may wash ashore.

Sharif thanks Trump for 'historic' trade deal with Pak

Sharif thanks Trump for 'historic' trade deal with Pak

Rediff.com31 Jul 2025

Pakistan's Prime Minister Shehbaz Sharif on Thursday thanked United States President Donald Trump for the 'historic' trade agreement reached between Islamabad and Washington, and expressed hope that it would expand cooperation between the two nations.

Oil companies may use Union Bank for Iran payment

Oil companies may use Union Bank for Iran payment

Rediff.com29 Jul 2011

An Iranian delegation is expected to visit India this weekend to discuss an arrangement under which Union Bank will make payments to Halk Bank in Turkey.

Oil cos assure public of ample fuel stocks

Oil cos assure public of ample fuel stocks

Rediff.com9 May 2025

Indian Oil Corporation (IOC), the nation's largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel. The statement comes after social media was flooded with posts and videos showing people queuing at petrol pumps to stock fuel as tensions between India and Pakistan escalated.

Rupee Fall: Who Stands To Gain?

Rupee Fall: Who Stands To Gain?

Rediff.com25 Nov 2025

So far this year, the rupee has fallen by 4.2 per cent, the worst among its Asian peers.