News for 'oil'

RBI's New Capital Exposure Norms Trigger Drop in Trading Volumes

RBI's New Capital Exposure Norms Trigger Drop in Trading Volumes

Rediff.com7 Jul 2026

New capital exposure norms implemented by the Reserve Bank of India (RBI) from July 1 have led to a noticeable drop in trading volumes, with Multi-Commodity Exchange (MCX) options premium ADTV falling by nearly 40 per cent in early July.

Tanker With Iranian Oil Heads To India, First Since 2019

Tanker With Iranian Oil Heads To India, First Since 2019

Rediff.com2 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil is heading to India, marking the resumption of oil imports from Iran after seven years.

Why Indians Thrive Overseas

Why Indians Thrive Overseas

Rediff.com13 Jul 2026

India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.

Recipe: Shumaila's Sabudana Khichdi With Toasted Walnuts

Recipe: Shumaila's Sabudana Khichdi With Toasted Walnuts

Rediff.com24 Jun 2026

Sabudana Khichdi, popular especially in western India, is often had for breakfast. It is cooked up with peanuts, cubes of potatoes, chopped green chillies and tapioca pearls. Replace the peanuts with toasted walnuts to get a different effect.

West Asia on edge as US hits Iran again; Tehran vows fierce revenge

West Asia on edge as US hits Iran again; Tehran vows fierce revenge

Rediff.com28 Jun 2026

US Central Command (CENTCOM) forces conducted additional strikes against multiple targets in Iran, on Saturday (local time), at the commander in chief, US President Donald Trump's direction.

Stock Markets Today: Sensex, Nifty Pare Early Losses

Stock Markets Today: Sensex, Nifty Pare Early Losses

Rediff.com18 Jun 2026

Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

Rediff.com9 Jul 2026

The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

Rediff.com16 Jun 2026

A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.

3 Indian tankers cross Hormuz safely as Iran shuts it again

3 Indian tankers cross Hormuz safely as Iran shuts it again

Rediff.com21 Jun 2026

Three Indian-flagged crude oil tankers, Desh Vaibhav, Desh Vibhor, and Sanmar Herald, successfully transited the Strait of Hormuz and are en route to India, even as Iran announced the closure of the critical waterway following Israeli strikes in Lebanon.

Oil price crash as Iran reopens Strait of Hormuz, easing 'war-risk' premium

Oil price crash as Iran reopens Strait of Hormuz, easing 'war-risk' premium

Rediff.com17 Apr 2026

Global energy markets saw a significant correction as oil prices nosedived following Iran's announcement that the Strait of Hormuz has been fully reopened, dismantling the 'war-risk' premium that had gripped the market.

Bengali Recipe: Aunty S's Begun Posto

Bengali Recipe: Aunty S's Begun Posto

Rediff.com16 Jun 2026

When golden-fried baingan, or eggplant, is coated in creamy roasted poppy seed paste and the preparation is finished with green chillies and mustard oil, you have the authentic taste of Bengal on your plate.

Indian Goalkeeper Reflects On Ronaldo And Neymar's World Cup Heartbreak

Indian Goalkeeper Reflects On Ronaldo And Neymar's World Cup Heartbreak

Rediff.com8 Jul 2026

Legendary Indian goalkeeper Brahmananda Sankhwalkar reflects on the emotional FIFA World Cup exits of Cristiano Ronaldo and Neymar Junior. He discusses their unfulfilled World Cup dreams, their rivalry with Lionel Messi, and the circumstances of their respective team's eliminations, highlighting their enduring legacy despite the absence of a World Cup trophy.

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Rediff.com12 Jun 2026

Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Rediff.com24 Apr 2026

Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.

Sensex Sees Worst H1 Since 2020

Sensex Sees Worst H1 Since 2020

Rediff.com1 Jul 2026

IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com12 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

'Hit them hard again tonight': Trump warns of more strikes on Iran

'Hit them hard again tonight': Trump warns of more strikes on Iran

Rediff.com8 Jul 2026

Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.

Payment issue? Govt reacts after Iranian oil tanker diverts from India to China

Payment issue? Govt reacts after Iranian oil tanker diverts from India to China

Rediff.com4 Apr 2026

India has refuted claims of payment issues hindering crude oil imports from Iran, clarifying that refiners have the flexibility to source oil from various global suppliers. The Ministry of Petroleum and Natural Gas addressed reports of a tanker rerouting to China, emphasising standard industry practices and secured oil requirements.

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com23 Jun 2026

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

Takaichi's Assam visit cancelled, Modi to host Japan PM in New Delhi

Takaichi's Assam visit cancelled, Modi to host Japan PM in New Delhi

Rediff.com24 Jun 2026

The planned India-Japan annual summit, featuring Japanese PM Sanae Takaichi and Indian PM Narendra Modi, has been moved from Guwahati to New Delhi due to logistical issues and Takaichi's tight schedule. The summit, scheduled for July 1-3, aims to boost bilateral ties with discussions on investment, supply chain deals, energy resilience, and strategic oil reserves, accompanied by a delegation of 50 Japanese companies.

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.

Govt restores commercial LPG supplies as West Asia crisis eases

Govt restores commercial LPG supplies as West Asia crisis eases

Rediff.com25 Jun 2026

The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.

Russian crude oil imports soar to 9-month high in March

Russian crude oil imports soar to 9-month high in March

Rediff.com1 Apr 2026

Indian companies, however, are now paying a premium of $6-$7 a barrel for Russian oil, compared with discounts of $8-$10 a barrel before the start of the conflict.

FPIs pulled out Rs 49,340 crore from Indian equities in June

FPIs pulled out Rs 49,340 crore from Indian equities in June

Rediff.com3 Jul 2026

Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.

US-Israel-Iran War Live: Trump Escalates Threats, Oil Prices Surge Amid Hormuz Crisis

US-Israel-Iran War Live: Trump Escalates Threats, Oil Prices Surge Amid Hormuz Crisis

Rediff.com6 Apr 2026

Live updates on the US-Israel-Iran war: Trump escalates threats, Iran retaliates, and oil prices surge as the Strait of Hormuz crisis disrupts global markets.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

No surplus oil, says Iran as US eases sanctions

No surplus oil, says Iran as US eases sanctions

Rediff.com21 Mar 2026

In a statement issued by Iran's consulate in Mumbai, it said, "At present, Iran essentially has no floating crude or surplus available for international markets. The US Treasury Secretary's remarks appear aimed at reassuring buyers and managing market sentiment."

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com12 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

US-Iran Peace Deal to Stabilise Rupee, Boost India's West Asia Exports

US-Iran Peace Deal to Stabilise Rupee, Boost India's West Asia Exports

Rediff.com15 Jun 2026

A recently finalised peace deal between the US and Iran, set to be signed on June 19, is expected to significantly benefit India's economy by boosting exports to West Asia, stabilising the rupee, and easing inflationary pressures, according to exporters and experts.

UK intercepts Russian shadow fleet tanker in English Channel

UK intercepts Russian shadow fleet tanker in English Channel

Rediff.com14 Jun 2026

British armed forces, including Royal Marine Commandos, intercepted the Russian shadow fleet oil tanker SMYRTOS in the English Channel, marking the UK's first such operation. The action aims to disrupt Russia's funding for its war in Ukraine, with the UK government highlighting the shadow fleet's role in sustaining Moscow's military efforts.

Recipe: Chef Bali's Avocado Tempura Chaat

Recipe: Chef Bali's Avocado Tempura Chaat

Rediff.com9 Jun 2026

Avocado wedges are fried like tempura and given a punchy, chaat-style dressing with yoghurt, chutney and spices.

Are You Making These 5 Monsoon Skincare Mistakes?

Are You Making These 5 Monsoon Skincare Mistakes?

Rediff.com3 Jul 2026

Aggressive scrubbing doesn't speed anything up; it just leaves your skin red, raw and angrier than before.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

US warns India against violating Hormuz blockade

US warns India against violating Hormuz blockade

Rediff.com13 Jun 2026

The US has warned India that any violation of its naval blockade in the Strait of Hormuz and illicit transport of Iranian oil will not be tolerated, a statement made amidst a diplomatic row over the deaths of Indian seafarers in US attacks on commercial vessels off the coast of Oman.

First US President to achieve real Peace: Trump hails Iran deal

First US President to achieve real Peace: Trump hails Iran deal

Rediff.com15 Jun 2026

US President Donald Trump has lauded a newly announced peace deal between the United States and Iran, predicting it will bring "peace and security" to West Asia and facilitate the reopening of the strategically vital Strait of Hormuz.