News for 'oil minister'

Will Dharmendra Pradhan Be Next BJP President?

Will Dharmendra Pradhan Be Next BJP President?

Rediff.com21 Oct 2024

Mr Pradhan's understanding of realpolitik and organisational dynamics makes him the ultimate party man, notes Aditi Phadnis.

Internship Portal To Open Sat Evening!

Internship Portal To Open Sat Evening!

Rediff.com12 Oct 2024

Internship opportunities have been posted by 193 companies, including Jubilant Foodworks, Maruti, Eicher Motor, L&T, Muthoot Finance and Reliance.

India's unabated tryst with Russian crude oil is slowly coming to an end

India's unabated tryst with Russian crude oil is slowly coming to an end

Rediff.com2 May 2023

India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.

155,000 Apply For 91,000 Internships

155,000 Apply For 91,000 Internships

Rediff.com14 Oct 2024

A shortlist using artificial intelligence would be prepared to identify eligible candidates and match them to the suitable internship opportunity. The shortlist would be shared with the companies on Tuesday, October 15.

Iran, Opec and the politics of oil

Iran, Opec and the politics of oil

Rediff.com28 Sep 2018

The oil cartel's decision to maintain the production ceiling at its 2016 level, despite the recovery of the world economy, will ensure shortfalls in supply and high oil prices in the foreseeable future, warns Ambassador D P Srivastava.

Brics likely to focus on closer energy partnerships among members

Brics likely to focus on closer energy partnerships among members

Rediff.com22 Oct 2024

The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy security and energy transition, official sources said. The same is expected to be a part of the Kazan declaration, currently being negotiated, they added.

Puri conveys India's concerns over high oil prices to OPEC

Puri conveys India's concerns over high oil prices to OPEC

Rediff.com16 Jul 2021

India, the world's third-biggest oil consumer, has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the nascent economic recovery after the devastating pandemic. New Oil Minister Hardeep Singh Puri has made phone calls to key OPEC nations to convey the desire for an affordable price for consumers. After calling his counterparts in Qatar and the UAE, he called Organization of the Petroleum Exporting Countries (OPEC) kingpin Saudi Arabia on Thursday evening.

What Will Modi Discuss At Quad Meeting?

What Will Modi Discuss At Quad Meeting?

Rediff.com20 Sep 2024

Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.

Spike in oil price breaking India's back: Jaishankar

Spike in oil price breaking India's back: Jaishankar

Rediff.com28 Sep 2022

India is deeply concerned over the spike in the price of oil due to the Russia-Ukraine conflict and it is "breaking our back," External Affairs Minister S Jaishankar has said. Addressing a joint press conference with US Secretary of State Antony Blinken after holding bilateral talks, Jaishankar on Tuesday said there is a very deep concern among developing countries about how their energy needs are addressed. Speaking about the Ukraine war, he said: "We have taken the position privately, publicly, confidentially and consistently that this conflict is not in anybody's interest."

India Shining Under Modi In International Arena

India Shining Under Modi In International Arena

Rediff.com1 Oct 2024

PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered

India seeks stake in Russian oil fields in oil quest

India seeks stake in Russian oil fields in oil quest

Rediff.com17 Sep 2019

India on Tuesday pitched for a stake in vast oil and gas fields as well as LNG terminals in the frozen Artic of Far East Russia as it looked to import more oil from the former Soviet republic as part of a strategy to diversify its energy basket.

Crude calculations on a Russian oil price cap

Crude calculations on a Russian oil price cap

Rediff.com8 Nov 2022

Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.

TTD confirms animal fat in laddus, Jagan breaks silence

TTD confirms animal fat in laddus, Jagan breaks silence

Rediff.com20 Sep 2024

The Tirupati Laddu row intensified on Friday with the Tirumala Tirupati Devasthanams (TTD), which is managing the super-rich temple, backing Chief Minister N Chandra Babu Naidu's claim that the famous 'prasadam' had animal fat and Yuvajana Sramika Rythu Congress Party president Y S Jagan Mohan Reddy dubbing the accusations as 'atrocious'.

The Hotelier Who BJP Apologised To

The Hotelier Who BJP Apologised To

Rediff.com24 Sep 2024

Sree Annapoorna Sree Gowri Shankar is a familiar name across the country. With over 1,500 employees, it is renowned for its filter coffee and Keerai Vada throughout Tamil Nadu. Its operating revenues range from Rs 100 crore to Rs 500 crore.

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

US comfortable with India buying oil from Russia: Biden aide

US comfortable with India buying oil from Russia: Biden aide

Rediff.com17 Feb 2023

By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering the policy of G7 and Washington is "comfortable" with New Delhi over its approach in addressing issues relating to energy security, a top Biden administration official said.

Budget 2024: What is cheaper, what is costlier

Budget 2024: What is cheaper, what is costlier

Rediff.com23 Jul 2024

Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2024-25.

Why's Naidu Visiting Delhi Again?

Why's Naidu Visiting Delhi Again?

Rediff.com17 Jul 2024

Unlike the previous visit, where TDP MPs accompanied Naidu to meetings, sources termed the current visit as "low profile", with one-on-one meetings with key Union ministers.

4 Months After Poor LS Score, How BJP Swept Vidarbha

4 Months After Poor LS Score, How BJP Swept Vidarbha

Rediff.com2 Dec 2024

'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'

G7's oil price cap: Russia offers to help India find a way out

G7's oil price cap: Russia offers to help India find a way out

Rediff.com12 Dec 2022

Russia has welcomed India's decision to not support the price cap on Russian oil announced by G7 and its allies and offered it cooperation on leasing and building large-capacity ships to overcome the ban on insurance services and tanker chartering in the European Union and Britain to continue buying discounted oil. The offer came as Russian Deputy Prime Minister Alexander Novak held a meeting with the Indian Ambassador to Moscow, Pavan Kapoor, on Friday. "The Deputy Prime Minister welcomed India's decision not to support the price cap on Russian oil, which was imposed on December 5 by the G7 countries and their allies," the Russian foreign ministry said in a statement.

Balancing green concerns with soaring energy demand

Balancing green concerns with soaring energy demand

Rediff.com18 Jun 2024

Rising energy demand could tilt India's energy basket towards fossil fuels from coal to oil, natural gas.

India continues with Russian oil buys, cuts shipments from Saudi

India continues with Russian oil buys, cuts shipments from Saudi

Rediff.com1 Nov 2022

Russia dominated Saudi Arabia in oil supplies as the world's fastest-growing major economy for fossil fuels in October, relegating the Kingdom to third place. Iraq was India's top oil supplier, according to the data from Vortexa. Saudi Arabia's decline in India's oil market has coincided with Russia's rise, and ironically occurred amid growing diplomatic ties between Riyadh and New Delhi. Saudi Crown Prince Mohammed bin Salman Al Saud is visiting India this month to meet Prime Minister Narendra Modi.

What Modi May Say In I-Day Address

What Modi May Say In I-Day Address

Rediff.com14 Aug 2024

'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.'

7th top Hezbollah leader killed as Israel bombs Beirut, strikes Houthis too

7th top Hezbollah leader killed as Israel bombs Beirut, strikes Houthis too

Rediff.com30 Sep 2024

A day after killing of Hezbollah chief Hassan Nasrallah in an airstrike in Beirut, Israel conducted widespread strikes in Lebanon on Sunday, killing over 100 people. The Israeli Air Force (IAF) also launched airstrikes on military targets in Yemen, specifically targeting Houthi-controlled sites, including power plants and a seaport.

Israel targets weapons depots in Beirut; Iran cancels all flights

Israel targets weapons depots in Beirut; Iran cancels all flights

Rediff.com6 Oct 2024

The Israel Defence Forces (IDF) intensified its campaign in Lebanon with targeted airstrikes on Hezbollah strongholds in Beirut, hitting key weapons depots and terror infrastructure overnight, according to a report by Times of Israel.

India keen to expand footprint in oil-rich Siberia

India keen to expand footprint in oil-rich Siberia

Rediff.com6 Sep 2022

Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.

Jal Shakti minister tests positive for coronavirus

Jal Shakti minister tests positive for coronavirus

Rediff.com20 Aug 2020

"I underwent a coronavirus test after developing symptoms and the report has come positive. I am getting hospitalised on the advice of doctors. I request all who have come in my contact in the past days to isolate themselves and get tested," Shekhwat tweeted in Hindi.

India-Canada Rift: US Is The Only Winner

India-Canada Rift: US Is The Only Winner

Rediff.com18 Oct 2024

'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.

TDP-YSR Congress battle over Tirupati laddus turns bitter

TDP-YSR Congress battle over Tirupati laddus turns bitter

Rediff.com19 Sep 2024

TDP spokesperson Anam Venkata Ramana Reddy in a press conference claimed that the adulteration has been confirmed by a Gujarat-based livestock laboratory, on the ghee samples provided by the Tirumala Tirupati Devasthanams, which manages the famous Sri Venkateswara Swamy temple.

LPG price cut by Rs 100/cylinder

LPG price cut by Rs 100/cylinder

Rediff.com8 Mar 2024

Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.

India to buy one-third less oil from Saudi Arabia

India to buy one-third less oil from Saudi Arabia

Rediff.com6 Apr 2021

Indian refiners will buy less oil from Saudi Arabia next month as they snap up supplies outside of the Middle East as part of diversification drive amid weakening domestic fuel demand on the resurgence of COVID-19. State-owned Indian Oil Corporation (IOC) and three other refiners have sought just 65 per cent of the monthly average of about 15 million barrels from Saudi Arabia in May, three sources with knowledge of the matter said. The move follows tensions between India and Saudi Arabia over the Kingdom's hawkish stance on boosting production to cool prices.

Recipe: Swarupa's Muri Ghonto

Recipe: Swarupa's Muri Ghonto

Rediff.com21 Aug 2024

This Muri Ghonto recipe has its origins in former East Bengal, present-day Bangladesh.

Govt clears 30 oil and gas discoveries for production: Minister

Govt clears 30 oil and gas discoveries for production: Minister

Rediff.com12 Jan 2015

Pradhan said a National Data Repository which will store information on all sedimentary basins of the country is being pursued on top priority.

Trump's Tariff Tussle With India

Trump's Tariff Tussle With India

Rediff.com6 Nov 2024

'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.

India looking at tapping new markets for edible oil: FM

India looking at tapping new markets for edible oil: FM

Rediff.com10 May 2022

India was looking at tapping new markets for import of edible oils, following the conflict between Ukraine and Russia, Union Finance Minister Nirmala Sitharaman said on Tuesday. According to her, the country was facing various hurdles on import of edible oils due to the conflict. "Everyone knows there is a war going on between Russia and Ukraine. There are various hurdles in terms of importing oils.

India presses OPEC for affordable oil

India presses OPEC for affordable oil

Rediff.com24 Jun 2021

With domestic retail fuel prices jumping to record high on rising international oil rates, India on Thursday pressed oil cartel OPEC for 'affordable' oil price within a 'reasonable band' and that the producers should phase out production cuts. OPEC nations such as Saudi Arabia have traditionally been India's principal oil source. But, OPEC and its allies, called OPEC+, ignoring its call for ease supply curbs had led to the world's third-biggest oil importer tap newer sources to diversify its crude oil imports. As a result, OPEC's share in India's oil imports has dropped to about 60 per cent in May from 74 per cent in the previous month.

Why India is mum on OPEC's decision to cut oil production

Why India is mum on OPEC's decision to cut oil production

Rediff.com8 Oct 2022

It's the sovereign right of the Organization of Petroleum Exporting Countries to decide on the oil production capacities, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said Friday. Refraining from commenting on the controversial decision of OPEC on cutting oil production by two million barrels a day, which has taken the world by surprise, Puri said it is likely to be scrutinized very carefully. During an interaction with a group of Indian reporters, he said that India as one of the major consumers of oil and gas also has a major say in the global oil market.

17 persons killed, 33 hurt in Andhra pharma unit fire

17 persons killed, 33 hurt in Andhra pharma unit fire

Rediff.com22 Aug 2024

Harrowing scenes unfolded at the SEZ where the fire ripped through the pharma company. Injured workers with torn clothes and bleeding injuries were seen being shifted to hospitals in ambulances.

Indian crew member of capsized ship off Oman dies

Indian crew member of capsized ship off Oman dies

Rediff.com18 Jul 2024

An Indian crew member of a Comoros-flagged oil tanker that capsized off the Oman coast has died, officials said on Thursday.

And Radhika-Anant Are Married...

And Radhika-Anant Are Married...

Rediff.com13 Jul 2024

The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.