News for 'oil imports'

Odisha Recipe: Shristi's Chhena Gaja

Odisha Recipe: Shristi's Chhena Gaja

Rediff.com1 Aug 2025

A soft, juicy mithai, totally delicious, that 'hails' from the eastern part of India, especially Odisha.

Obesity: India's Next Pandemic?

Obesity: India's Next Pandemic?

Rediff.com24 Mar 2025

The number of Indian obese adults increased from 5.76 million in 1991 to 46.78 million in 2021; it is poised to reach 173.73 million by 2050.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

Shell deepens India market reach through Raj Petro buy

Shell deepens India market reach through Raj Petro buy

Rediff.com4 Jul 2025

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.

'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.'

Studying US tariff implications, hopeful of trade pact: Govt

Studying US tariff implications, hopeful of trade pact: Govt

Rediff.com31 Jul 2025

The Indian government is studying the implications of US President Trump's announcement to impose tariffs on Indian goods and remains hopeful of concluding a bilateral trade agreement.

Amid tariff row, US team's India visit for trade deal talks deferred

Amid tariff row, US team's India visit for trade deal talks deferred

Rediff.com17 Aug 2025

Deferment or rescheduling of the meeting assumes significance as the US has announced a staggering 50 per cent duty on Indian goods.

Apple Boosts Output For iPhone 17 Launch

Apple Boosts Output For iPhone 17 Launch

Rediff.com4 Sep 2025

India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.

'Ukraine conflict just a pretext': Putin defends India amid US tariffs

'Ukraine conflict just a pretext': Putin defends India amid US tariffs

Rediff.com4 Sep 2025

Putin further described the Ukraine conflict as a mere "pretext" by Western powers to take these broader punitive measures against countries maintaining strong economic ties with Russia.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Modi meets Putin, says humanity's call to end hostilities

Modi meets Putin, says humanity's call to end hostilities

Rediff.com2 Sep 2025

India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.

Stock markets weather Trump tariff storm

Stock markets weather Trump tariff storm

Rediff.com7 Aug 2025

Among Sensex firms, Tech Mahindra, HCL Tech, Eternal, Axis Bank, Maruti, Tata Steel, HDFC Bank and Asian Paints were the gainers. However, Adani Ports, Trent, Tata Motors, Hindustan Unilever and NTPC were among the laggards.

India-US BTA: Sangh Affliates Warn Govt

India-US BTA: Sangh Affliates Warn Govt

Rediff.com8 Jul 2025

'India's farmers will be unable to compete with the US, given the subsidies that the latter provides its farmers.'

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

US sanctions may cut off India's access to Russian crude oil

US sanctions may cut off India's access to Russian crude oil

Rediff.com15 Jan 2025

India is preoccupied with analysing the US sanctions, which may cut off India's access to discounted Russian crude and force it to buy at market prices.

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

Iran oil import: Will India face US sanctions?

Iran oil import: Will India face US sanctions?

Rediff.com27 Mar 2012

The United States is in conversation with these 12 countries on ways and means to avoid the American sanctions against them.

Trump's Tariffs: No More Protectionism Please!

Trump's Tariffs: No More Protectionism Please!

Rediff.com26 Aug 2025

Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.

Will secure, advance national interest: Goyal on Trump tariffs

Will secure, advance national interest: Goyal on Trump tariffs

Rediff.com31 Jul 2025

Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.

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.

Trump's first lot of 25pc tariffs on India kicks in

Trump's first lot of 25pc tariffs on India kicks in

Rediff.com7 Aug 2025

The additional 25 per cent duty will come into effect after 21 days or August 27.

US urges countries to reduce oil imports from Iran

US urges countries to reduce oil imports from Iran

Rediff.com12 Jan 2012

The United States has said it is encouraging countries to diversify away from Iranian oil.

How Iran-Israel conflict affects India's overseas trade

How Iran-Israel conflict affects India's overseas trade

Rediff.com20 Jun 2025

The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. The meeting was chaired by Commerce Secretary Sunil Barthwal.

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.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Aug 2025

Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.

'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.

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.

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Rediff.com29 Jun 2025

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.

'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.'

Exports fall 2.17% in May; trade deficit narrows

Exports fall 2.17% in May; trade deficit narrows

Rediff.com16 Jun 2025

After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.

'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.'

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.

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.

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.

Crude palm oil rates on boil, FMCG prices move north

Crude palm oil rates on boil, FMCG prices move north

Rediff.com28 Oct 2024

With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers. Crude palm oil, one of the main ingredients in the manufacture of some consumer goods, saw a price rise of 45.2 per cent in the last three months. One of the country's largest consumer companies, Hindustan Unilever, said it has already started to take price increases in the skin cleansing category.

'Saudi Arabia Won't Align With Pakistan Against India'

'Saudi Arabia Won't Align With Pakistan Against India'

Rediff.com19 Sep 2025

'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'

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 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.

Saudi oil supply rebound gives India bargaining power

Saudi oil supply rebound gives India bargaining power

Rediff.com3 Oct 2024

A resurgence in Saudi Arabian supplies of crude oil to India coupled with an attack on an Iraqi tanker in August carrying crude to Europe may result in improved bargaining power for India with West Asian and Russian suppliers for winter supplies. Shipments of Saudi oil rebounded in September from August, surging to the highest since March while Russian oil shipments rose marginally as Saudi Arabia tried to claw back market share in Asia, according to industry sources and ship tracking data.