News for 'oil imports'

Explained: How FTA with EU will help boost India's exports

Explained: How FTA with EU will help boost India's exports

Rediff.com28 Jan 2026

India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA).

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Rediff.com12 Feb 2026

Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.

Recipes: Coorg Payasam, Bamboo Shoot Fry

Recipes: Coorg Payasam, Bamboo Shoot Fry

Rediff.com4 Feb 2026

Kodava food or cooking from Kodagu/Coorg in Karnataka is unique for reflecting its forest ecology, martial culture and agriculture, starkly different from the typical rice-and-coconut heavy coastal cuisines of South India.

'Modi knew I wasn't happy, and...': Trump

'Modi knew I wasn't happy, and...': Trump

Rediff.com5 Jan 2026

United States President Donald Trump has said Prime Minister Narendra Modi 'knew he was not happy' with India's purchases of Russian oil and that Washington, DC can raise tariffs on New Delhi 'very quickly'.

The US Is Turning The World Topsy-Turvy

The US Is Turning The World Topsy-Turvy

Rediff.com6 Feb 2026

A bewildered world is at a loss to find bilateral and multilateral measures to stop President Trump from pursuing his vision of a world unabashedly dominated by the United States, points out T P Sreenivasan.

What is India-US interim trade deal all about. Here are the details

What is India-US interim trade deal all about. Here are the details

Rediff.com7 Feb 2026

US and India will promptly implement this framework and work towards finalising the interim agreement with a view to concluding a mutually beneficial bilateral trade agreement.

Modi is frightened of Trump, allows him to decide...: Rahul

Modi is frightened of Trump, allows him to decide...: Rahul

Rediff.com16 Oct 2025

His assertion came after Trump claimed that his "friend" PM Modi has assured him that India would stop purchasing oil from Russia, a move he described as a big step toward increasing pressure on Moscow over its invasion of Ukraine.

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.

Congress calls Indo-US trade pact a 'surrender'

Congress calls Indo-US trade pact a 'surrender'

Rediff.com7 Feb 2026

The Congress party has criticized the Indo-US trade agreement, calling it a 'surrender' of India's self-esteem and interests, and a betrayal of Indian farmers and MSMEs.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

What India gives, and what it gets: Highlights of India-US interim trade deal

What India gives, and what it gets: Highlights of India-US interim trade deal

Rediff.com7 Feb 2026

Both countries commit to provide each other preferential market access in sectors of respective interest on a sustained basis

Trump 'cancels' second wave of attacks on Venezuela

Trump 'cancels' second wave of attacks on Venezuela

Rediff.com9 Jan 2026

US President Donald Trump announced on Friday that he has cancelled a previously expected second wave of military attacks on Venezuela, following his military action in Caracas which led to the capture of the South American country's leader Nicolas Maduro and his wife, citing improved cooperation from Caracas and the release of a large number of political prisoners as part of efforts to 'seek peace'.

Heavy sell-off in IT counters; Sensex ends up 79 points

Heavy sell-off in IT counters; Sensex ends up 79 points

Rediff.com4 Feb 2026

Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets.

No prayer bell, only Jana Gana Mana at this Gujarat factory now

No prayer bell, only Jana Gana Mana at this Gujarat factory now

Rediff.com27 Jan 2026

The idea, Shah explains, was to keep the discipline of a shared start, without asking anyone to participate in a religious act that wasn't theirs. The anthem, he felt, offered a "common minimum" that didn't privilege one faith over another: stand together, start together, get to work.

'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.'

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

India's edible oil import to rise

India's edible oil import to rise

Rediff.com3 Apr 2007

India's edible oil import is expected to rise by 15% to 51 lakh tonne (5.1 million tonne) during the current oil season 2006-07 (starting November).

How BSE, NSE will likely perform this week

How BSE, NSE will likely perform this week

Rediff.com25 Jan 2026

Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.

'Trump sent warships, authorised CIA to take out Maduro'

'Trump sent warships, authorised CIA to take out Maduro'

Rediff.com5 Jan 2026

Former Indian envoys to Venezuela R Viswanathan and Yashvardhan Kumar Sinha said the action was anticipated and even 'unsurprising' in nature, claiming that the US has always worked against Maduro's regime.

Trump's Russian Roulette Over India's Oil Supply

Trump's Russian Roulette Over India's Oil Supply

Rediff.com5 Aug 2025

The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.

'Trump risks becoming the President who lost India'

'Trump risks becoming the President who lost India'

Rediff.com11 Dec 2025

The US Representative criticised the administration's new USD 100,000 fee on H-1B visas, observing that Indians hold 70 per cent of these visas and saying the change directly harms workers who have long supported US innovation across technology, science and medicine.

New deal will export more American farm products to India: US leaders

New deal will export more American farm products to India: US leaders

Rediff.com3 Feb 2026

Trump announced that India and the US agreed to a trade deal under which Washington will charge a reduced reciprocal tariff on Delhi, lowering it from 25 per cent to 18 per cent.

Stew It, Brew It, Chew It, But Have Lemon Grass

Stew It, Brew It, Chew It, But Have Lemon Grass

Rediff.com29 Jan 2026

Lemon grass, often referred to as citronella, is a tall, reed-like herb prized for its bright, zesty scent and clean citrus taste. Widely used in Thai cuisine, it brings a refreshing, aromatic lift to soups, curries and stir-fries.

Will Trump Pull The Plug On Russian Oil Sanctions?

Will Trump Pull The Plug On Russian Oil Sanctions?

Rediff.com27 Oct 2025

Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.

Chettinad Recipes: Kozhi Thirakkal, Kavuni Arisi Sweet

Chettinad Recipes: Kozhi Thirakkal, Kavuni Arisi Sweet

Rediff.com21 Jan 2026

Let's venture to deeper Tamil Nadu and sample two dishes that showcase the famous Chettinad cuisine -- a chicken curry and a rice pudding.

India-US Deal Shields Farmers

India-US Deal Shields Farmers

Rediff.com4 Feb 2026

New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.

India's exports drop 11.8%; trade deficit widens to $41.8 bn

India's exports drop 11.8%; trade deficit widens to $41.8 bn

Rediff.com17 Nov 2025

India's exports contracted 11.8 per cent to $34.38 billion in October, showed government data released on Monday. Imports jumped 16.63 per cent to $76.06 billion.

India, Oman trade pact: Agri items, gold, silver, footwear excluded

India, Oman trade pact: Agri items, gold, silver, footwear excluded

Rediff.com18 Dec 2025

India has protected the interest of domestic farmers and MSMEs by not extending any duty concessions on products across several sectors, including agricultural items such as dairy, as well as chocolates, gold, silver, jewellery, footwear, and sports goods, under the trade pact with Oman.

No phone call between Modi and Trump on Russian oil: MEA

No phone call between Modi and Trump on Russian oil: MEA

Rediff.com17 Oct 2025

India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.

'China, EU buy more': Jaishankar rejects criticism on Russian oil

'China, EU buy more': Jaishankar rejects criticism on Russian oil

Rediff.com21 Aug 2025

External Affairs Minister S Jaishankar defends India's purchase of Russian oil, stating it is not the largest purchaser and that the US had previously supported such actions to stabilize energy markets. He also addresses concerns about tariffs and trade relations with the US.

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

'Far stronger': US will receive $600 bn in tariffs, says Trump

'Far stronger': US will receive $600 bn in tariffs, says Trump

Rediff.com6 Jan 2026

He said that the US is financially and from a national security standpoint 'far stronger' and more respected than ever before because of tariffs.

Almost There: India, US Set to Seal Trade Deal

Almost There: India, US Set to Seal Trade Deal

Rediff.com12 Nov 2025

'We are now awaiting a response from the US; they have to get back to us.'

India vs New Zealand T20Is: 'Hardik Pandya showing his class with the ball'

India vs New Zealand T20Is: 'Hardik Pandya showing his class with the ball'

Rediff.com27 Jan 2026

India bowling coach Morne Morkel is delighted to see the way Hardik Pandya is shaping up ahead of the T20 World Cup.

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com5 Jan 2026

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

India's Oil Reforms Aim To Counter US, EU Pressure

India's Oil Reforms Aim To Counter US, EU Pressure

Rediff.com28 Aug 2025

The government has no say in where the country's refiners source oil from because these are commercial transactions.

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.

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.

Business as usual: India buys 2 mn bpd Russian oil in August

Business as usual: India buys 2 mn bpd Russian oil in August

Rediff.com15 Aug 2025

India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.