News for 'oil import'

'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.'

How India Must Deal With Trump The Bully

How India Must Deal With Trump The Bully

Rediff.com13 Aug 2025

The way to deal with a bully is to resist bullying, because submission in the first instance only invites even more overbearing demands in future. What may seem like a small price to pay now will lead to a much higher price later, warns former foreign secretary Shyam Saran.

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.

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.

Sensex jumps nearly 540 points on Asian stocks rally

Sensex jumps nearly 540 points on Asian stocks rally

Rediff.com23 Jul 2025

Among Sensex firms, Tata Motors, Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries were the major gainers. However, Hindustan Unilever, UltraTech Cement, Bharat Electronics and ITC were among the laggards.

'Trump Wants Big Pie Of India's Economy'

'Trump Wants Big Pie Of India's Economy'

Rediff.com4 Aug 2025

'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'

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.

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.

'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.'

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.

'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.

What's Trump's Real Game Plan Against India?

What's Trump's Real Game Plan Against India?

Rediff.com1 Aug 2025

By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.

India to award leases to top up strategic oil reserves amid Gulf tensions

India to award leases to top up strategic oil reserves amid Gulf tensions

Rediff.com17 Oct 2024

State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.

Beware! 'Healthy' Foods That Could Harm Your Heart

Beware! 'Healthy' Foods That Could Harm Your Heart

Rediff.com27 Jun 2025

They seem harmless, even good for you, but these everyday kitchen staples could be quietly harming your heart, warns Dr Sanjay Bhojraj.

India Unlikely To Retaliate Against US

India Unlikely To Retaliate Against US

Rediff.com1 Aug 2025

India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.

India to take all steps to protect national interest: Goyal on US tariff

India to take all steps to protect national interest: Goyal on US tariff

Rediff.com31 Jul 2025

India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus penalty on domestic exports to America from August 1.

Biden announces ban on Russian oil and gas imports

Biden announces ban on Russian oil and gas imports

Rediff.com8 Mar 2022

The President said he made the decision in consultation with European allies but added they may not be in a position to join the US in banning Russian energy imports.

Adani's Haifa port unaffected by Iranian missile strikes, operations normal

Adani's Haifa port unaffected by Iranian missile strikes, operations normal

Rediff.com15 Jun 2025

Indian billionaire Gautam Adani-led group's Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel's Haifa port and a nearby oil refinery in response to Tel Avi's attack on Iranian nuclear and other targets earlier this week.

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.

Explained: India's trade ties with Turkey and Azerbaijan amid Pak conflict

Explained: India's trade ties with Turkey and Azerbaijan amid Pak conflict

Rediff.com14 May 2025

India's trade relations with Turkey and Azerbaijan are expected to come under strain due to Ankara and Baku backing Islamabad and condemning India's recent strikes on terror camps in Pakistan. Following their support to Pakistan, calls for boycotting Turkish goods and tourism have surfaced across the country, with online travel platforms such as EaseMyTrip and Ixigo issuing advisories against visiting these nations.

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.

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.

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.

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.

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