News for 'oil ministry'

US may hold back secondary tariffs on India, says Trump

US may hold back secondary tariffs on India, says Trump

Rediff.com16 Aug 2025

There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.

Delhi 10/11 blast: Pulwama doctor was driving Hyundai i20 car

Delhi 10/11 blast: Pulwama doctor was driving Hyundai i20 car

Rediff.com11 Nov 2025

Hours before the blast in Delhi, eight people, including three doctors, were arrested and 2,900 kg of explosives were seized with the uncovering of a "white collar" terror module on Monday.

Modi won't bow down to foreign pressure: Putin on US tariffs

Modi won't bow down to foreign pressure: Putin on US tariffs

Rediff.com3 Oct 2025

Russian President Vladimir Putin announced his upcoming visit to India in December and expressed his intention to address the trade imbalance between the two countries, particularly concerning India's crude oil imports from Russia. He also lauded India's independent stance on international issues and highlighted the strong relationship between the two nations.

Finance Ministry seeks 30% dividend from oil PSUs

Finance Ministry seeks 30% dividend from oil PSUs

Rediff.com4 Nov 2013

The department believes dividend from CPSUs is a return on investment made by the government.

Navarro's Latest: 'Brahmins Profiteering Off Indian People'

Navarro's Latest: 'Brahmins Profiteering Off Indian People'

Rediff.com1 Sep 2025

'Modi's a great leader... But I don't understand why he's getting into bed with Putin and Xi Jinping...'

Jaishankar, Rubio discuss issues of 'current concern'

Jaishankar, Rubio discuss issues of 'current concern'

Rediff.com22 Sep 2025

External Affairs Minister S Jaishankar on Monday met United States Secretary of State Marco Rubio for bilateral discussions, as the high-level 80th session of the United Nations General Assembly (UNGA) kicks in.

Classify Strategic Data As 'National Asset'

Classify Strategic Data As 'National Asset'

Rediff.com29 Aug 2025

...on par with oil, power, and defence, and to restrict its storage under foreign control.

India-US trade talks to resume with Lynch's arrival

India-US trade talks to resume with Lynch's arrival

Rediff.com15 Sep 2025

Trump administration's chief negotiator Brendan Lynch is arriving in India to hold talks on the India-US bilateral trade deal, which were impacted after the US imposed 50 per cent import tariffs on Indian goods.

Exports rise 6.7% in August, imports decline

Exports rise 6.7% in August, imports decline

Rediff.com15 Sep 2025

India's exports rose 6.7 per cent to $35.1 billion in August annually, while imports declined 10.12 per cent to $61.59 billion, according to government data released on Monday. Gold imports were down nearly 56 per cent in August, helping to trim merchandise trade deficit to $26.49 billion in August, as against $35.64 billion in the year-ago month.

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.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Sep 2025

Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.

Modi hails Trump's Gaza peace plan efforts amid strained ties

Modi hails Trump's Gaza peace plan efforts amid strained ties

Rediff.com10 Oct 2025

Prime Minister Narendra Modi congratulated US President Donald Trump on the success of the first phase of a US-brokered peace plan for Gaza and reviewed trade negotiations during a phone conversation.

TN, MP ban Coldrif cough syrup after child deaths

TN, MP ban Coldrif cough syrup after child deaths

Rediff.com4 Oct 2025

The toll in the case reached nine in Madhya Pradesh while media reports said of two infants died in Rajasthan.

China's leadership meet to discuss graft in military, US tariff war

China's leadership meet to discuss graft in military, US tariff war

Rediff.com19 Oct 2025

China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.

Why prices of edible oils may go up

Why prices of edible oils may go up

Rediff.com13 Sep 2024

The government on Friday hiked customs duty on crude and refined sunflower oil to 20 per cent and 32.5 per cent, respectively. According to a finance ministry notification, the basic customs duty on crude palm, soybean and sunflower seed oil has been increased from nil to 20 per cent.

NCLT defers Vedanta demerger hearing to Sep 17

NCLT defers Vedanta demerger hearing to Sep 17

Rediff.com20 Aug 2025

The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.

Is ethanol-blended petrol damaging your vehicle? Govt says...

Is ethanol-blended petrol damaging your vehicle? Govt says...

Rediff.com5 Aug 2025

The ministry stated that for vehicles designed for E10 and calibrated for E20, mileage may drop by just 1-2 per cent, while in other vehicles, it could be around 3-6 per cent.

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.'

Amid Trump's tirade, Indian Army reminds US of Pak deal

Amid Trump's tirade, Indian Army reminds US of Pak deal

Rediff.com5 Aug 2025

In response to US criticism of India's oil imports from Russia, the Indian Army shared a 1971 news clip highlighting the US's role in arming Pakistan.

Trump's 24-hr threat to India; Russia steps in to defend

Trump's 24-hr threat to India; Russia steps in to defend

Rediff.com5 Aug 2025

United States President Donald Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi 'very substantially' over the next 24 hours because it is buying Russian oil.

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Rediff.com22 Sep 2025

This will be the first face-to-face meeting between Rubio and Jaishankar following President Donald Trump's imposition of an additional 25 per cent tariff on India for Delhi's purchases of Russian oil, taking the total levies imposed on India by the Trump White House to 50 per cent.

'False and fabricated': India rejects reports on pausing US defence talks

'False and fabricated': India rejects reports on pausing US defence talks

Rediff.com9 Aug 2025

The Indian Defence Ministry has refuted media reports suggesting a pause in defence purchases from the US, clarifying that procurement processes are ongoing despite tariff tensions between the two countries.

Trump considers Modi a personal friend: US envoy-designate

Trump considers Modi a personal friend: US envoy-designate

Rediff.com12 Oct 2025

US Ambassador-designate Sergio Gor emphasizes the importance of the India-US relationship after meeting with Prime Minister Narendra Modi, focusing on cooperation in defence, trade, and critical minerals.

Cooking gas to be costlier by Rs 50 from Tuesday

Cooking gas to be costlier by Rs 50 from Tuesday

Rediff.com7 Apr 2025

Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Rediff.com16 Aug 2025

The US House Foreign Affairs Committee Democrats stated that imposing tariffs on India will not deter Russian President Vladimir Putin or address Russia's invasion of Ukraine.

Now, Trump threatens India with 'secondary sanctions'

Now, Trump threatens India with 'secondary sanctions'

Rediff.com7 Aug 2025

United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.

Indulging in trade with Russia themselves: India counters US

Indulging in trade with Russia themselves: India counters US

Rediff.com5 Aug 2025

India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.

Pre-tariff rush to US lifts exports by 7% in July

Pre-tariff rush to US lifts exports by 7% in July

Rediff.com15 Aug 2025

India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.

US: 'India Has Taken Advantage Of Ukraine War'

US: 'India Has Taken Advantage Of Ukraine War'

Rediff.com7 Aug 2025

'India has intentionally taken advantage of the war in Ukraine to dramatically increase its purchases of Russian crude, when there are roughly 40 major crude providers that could satisfy Indian demand.'

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Modi dials Zelenskyy, reaffirms India's support for Ukraine peace

Rediff.com12 Aug 2025

Prime Minister Narendra Modi conveyed to Ukrainian President Volodymyr Zelenskyy that India remains committed to making every possible contribution for an early and peaceful solution to the conflict. Zelenskyy sought India's support in limiting Russian energy exports.

US warns: Tariffs on India could go up if...

US warns: Tariffs on India could go up if...

Rediff.com14 Aug 2025

United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if 'things don't go well' during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.

Diesel demand falls to lowest since pandemic

Diesel demand falls to lowest since pandemic

Rediff.com14 Apr 2025

Growth in demand for diesel, India's most consumed petroleum product, fell to its lowest since the pandemic in the financial year ended March 31 as the economy expands at a slower pace and consumption shifts to cleaner fuels. Diesel consumption rose 2 per cent to 91.4 million tonnes in 2024-25 (April 2024 to March 2025) fiscal, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry.

India slams US tariff hike as 'unfair, unjustified'

India slams US tariff hike as 'unfair, unjustified'

Rediff.com6 Aug 2025

The United States action of levying 25 per cent additional tariff on Indian goods is 'unfair, unjustified and unreasonable', India said on Wednesday in a firm reaction, signalling increasing tensions between the two strategic partners over New Delhi's energy ties with Moscow.

Setback for India? US revokes sanctions waiver for Chabahar port

Setback for India? US revokes sanctions waiver for Chabahar port

Rediff.com19 Sep 2025

India has said it will take all steps to protect its national interests and ensure comprehensive national security in all domains after Pakistan and Saudi Arabia signed a strategic defence pact.

Wholesale price inflation is negative for second month

Wholesale price inflation is negative for second month

Rediff.com14 Aug 2025

Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday.

Saudi Pledges To Defend Pakistan Against Attack, India Says...

Saudi Pledges To Defend Pakistan Against Attack, India Says...

Rediff.com18 Sep 2025

Saudi Arabia and Pakistan have signed a 'Strategic Mutual Defence Agreement', pledging that any aggression against either nation would be treated as an attack on both.

The Gift Trump Sent Modi

The Gift Trump Sent Modi

Rediff.com12 Oct 2025

'The US values its relationship with India and under the strong leadership of President Donald J Trump and Prime Minister Modi, I am optimistic about the days ahead for both of our nations.'

Look at India, Pak: Trump repeats truce claim after Putin meet

Look at India, Pak: Trump repeats truce claim after Putin meet

Rediff.com16 Aug 2025

Stressing that wars are "very bad", Trump said that he seems to have "an ability to end them, to get people together" for which he uses the "power of the United States".

RIL has agreed to CAG audit: Oil Ministry

RIL has agreed to CAG audit: Oil Ministry

Rediff.com18 Dec 2012

The company had initially objected to audit by CAG for time barred years as per Production Sharing Contract and had not accepted the 'exceptional circumstances' advanced by the ministry

'Coercive, unilateral': BRICS nations slam Trump tariffs

'Coercive, unilateral': BRICS nations slam Trump tariffs

Rediff.com27 Sep 2025

The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.