News for 'oil'

Sensex, Nifty close flat; metal, oil & gas shares major drag

Sensex, Nifty close flat; metal, oil & gas shares major drag

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.

Stock Markets Today: Sensex, Nifty Surge on US-Iran Peace Deal, Low Oil Price

Stock Markets Today: Sensex, Nifty Surge on US-Iran Peace Deal, Low Oil Price

Rediff.com15 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.

Stock Markets Today: Sensex, Nifty Down on US-Iran Crisis, Surging Crude Prices

Stock Markets Today: Sensex, Nifty Down on US-Iran Crisis, Surging Crude Prices

Rediff.com3 days ago

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant surge in crude oil prices, exacerbated by escalating tensions in the West Asia. Track how Sensex, Nifty fared on July 23.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com6 days ago

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

Stock Markets Today: Sensex, Nifty down on high crude prices and selling in bank stocks

Stock Markets Today: Sensex, Nifty down on high crude prices and selling in bank stocks

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a surge in crude oil prices and significant selling pressure on bank stocks, impacting overall investor sentiment. Track Sensex, Nifty on July 22.

West Asia tensions, crude oil, FII activity to dictate market movement

West Asia tensions, crude oil, FII activity to dictate market movement

Rediff.com7 Jun 2026

Analysts predict that developments in West Asia, their impact on crude oil prices, and the trading activity of foreign institutional investors (FIIs) will be crucial factors influencing the Indian stock market this week.

Rubio signals early end to Russian oil waivers as US tightens sanctions

Rubio signals early end to Russian oil waivers as US tightens sanctions

Rediff.com3 Jun 2026

US Secretary of State Marco Rubio on Tuesday said the United States would prefer to end its extension of waivers on Russian oil "as soon as possible", while noting that such decisions ultimately rest with the US Treasury Department.

Recipe: The Absolutely Yummy Mushroom Paratha That...

Recipe: The Absolutely Yummy Mushroom Paratha That...

Rediff.com4 days ago

I love mushrooms in everything. Let me clarify here that I am talking about button mushrooms only -- all the others kinds, for a want of a better word, feel 'meaty' and I am vegetarian.

HDFC Bank, West Asia Crisis Pull Sensex, Nifty Down

HDFC Bank, West Asia Crisis Pull Sensex, Nifty Down

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, primarily due to HDFC Bank's disappointing quarterly earnings and escalating tensions in West Asia, coupled with persistent foreign fund outflows.

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, recorded their fifth consecutive day of losses, driven by investor caution over rising oil prices due to West Asia tensions and renewed concerns regarding US trade tariffs.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Will continue purchasing Russian oil regardless of...: India

Will continue purchasing Russian oil regardless of...: India

Rediff.com18 May 2026

India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Rediff.com6 days ago

Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.

Jackfruit Recipes: Enchor Prawn Curry, Ponsa Idlis

Jackfruit Recipes: Enchor Prawn Curry, Ponsa Idlis

Rediff.com5 days ago

Jackfruit is one of India's most versatile ingredients, moving effortlessly between savoury and sweet. Used both raw and ripe, Jackfruit finds a place in regional kitchens across the country in remarkably different forms.

Sensex tanks 719 points as global cues, surging oil prices weigh on markets

Sensex tanks 719 points as global cues, surging oil prices weigh on markets

Rediff.com8 Jun 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.

US extends waiver on Russian oil amid global crisis

US extends waiver on Russian oil amid global crisis

Rediff.com19 May 2026

The United States has extended a waiver from sanctions on Russian oil already at sea by one month, according to an official statement from the US Department of the Treasury.

US Seizes Oil Tanker Linked To Iran In Indian Ocean

US Seizes Oil Tanker Linked To Iran In Indian Ocean

Rediff.com20 May 2026

The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.

Rath Yatra Recipe: Odisha's Arisa Pitha

Rath Yatra Recipe: Odisha's Arisa Pitha

Rediff.com5 days ago

One of Odisha's oldest and most cherished sweets is Arisa Pitha.

Karnataka Recipe: Mallika's Stuffed Gourd Curry

Karnataka Recipe: Mallika's Stuffed Gourd Curry

Rediff.com5 days ago

Heerekayi ennegai is a stuffed curry from Karnataka made with ridge gourd cooked in a masala of peanuts, coconut, jaggery, tamarind and spices.

Memoni Recipes: Khaunsa, Mahi Fish Pulao

Memoni Recipes: Khaunsa, Mahi Fish Pulao

Rediff.com5 days ago

A bold cuisine known for its flavours and robust spices, Memoni food comes from the Memon community with roots in Sindh and Kutch.

Stock markets today: Sensex, Nifty rise on low oil price

Stock markets today: Sensex, Nifty rise on low oil price

Rediff.com29 May 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.

US senators name India in sweeping Russia sanctions bill

US senators name India in sweeping Russia sanctions bill

Rediff.com15 Jul 2026

A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.

'Investors Should Prepare For Frequent Market Swings'

'Investors Should Prepare For Frequent Market Swings'

Rediff.com13 Jul 2026

'Rather than deploying all their money at once, investors should invest gradually.' 'A staggered approach is the better strategy because volatility is likely to persist.'

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

India's Core Infrastructure Output Jumps 5% in June, Driven by Cement, Electricity

India's Core Infrastructure Output Jumps 5% in June, Driven by Cement, Electricity

Rediff.com5 days ago

India's nine core infrastructure sectors recorded a five-month high production growth of 5 per cent in June, primarily boosted by significant increases in the output of cement, electricity, and the newly added iron ore, despite declines in crude oil, natural gas, refinery products, and fertiliser.

Odisha Police Bust Hashish Oil Manufacturing Operation

Odisha Police Bust Hashish Oil Manufacturing Operation

Rediff.com3 May 2026

Odisha Police seized approximately 800 litres of chemicals and solvents, along with marijuana and hashish oil, from a vehicle in Malkangiri district, thwarting a hashish oil manufacturing operation.

Recipe: Chef Sabyasachi's Masala Hazelnuts

Recipe: Chef Sabyasachi's Masala Hazelnuts

Rediff.com7 days ago

Spicy, crunchy, this nutty snack complements both the rainy season and the ongoing sporting carnivals.

US targets Iranian infrastructure in fresh wave of strikes

US targets Iranian infrastructure in fresh wave of strikes

Rediff.com3 days ago

The US Central Command announced a new wave of strikes against Iranian military infrastructure, aiming to degrade Tehran's ability to threaten civilian mariners and commercial vessels. This comes as US President Donald Trump described the situation as a 'skirmish' and suggested Iran wants to 'make a deal,' while Iran's Foreign Minister warned of a 'decisive response' to any aggression.

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Rediff.com4 days ago

A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Rediff.com25 May 2026

Indian benchmark equity indices Sensex and Nifty surged in early trade, driven by a sharp correction in crude oil prices below USD 100 per barrel and a rally in global markets, fuelled by improving sentiment surrounding US-Iran negotiations.

If India Becomes A Doormat, The US Will Tread On It

If India Becomes A Doormat, The US Will Tread On It

Rediff.com3 days ago

The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Navy disposes of unexploded missile warhead from Kochi-bound oil tanker

Navy disposes of unexploded missile warhead from Kochi-bound oil tanker

Rediff.com11 Jun 2026

The Indian Navy successfully recovered and safely disposed of an unexploded missile warhead from the MT Olympic Life crude oil tanker, which had reported an explosion off the coast of Oman and was en route to Kochi. The operation showcased the Navy's expertise in explosive ordnance disposal and its commitment to maritime safety in the Indian Ocean Region.

Geopolitics, Earnings, Crude Prices Key to Indian Market Movement

Geopolitics, Earnings, Crude Prices Key to Indian Market Movement

Rediff.com13 Jul 2026

Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.

Stock Markets Today: Sensex, Nifty Down On HDFC Bank, US-Iran Crisis

Stock Markets Today: Sensex, Nifty Down On HDFC Bank, US-Iran Crisis

Rediff.com5 days ago

Indian benchmark indices Sensex and Nifty experienced a downturn in early trade, primarily influenced by a dip in HDFC Bank shares, persistent outflows from foreign funds, and escalating geopolitical tensions between the US and Iran. Track Sensex, Nifty performance.

59 India-Bound Vessels Transited Hormuz Since War

59 India-Bound Vessels Transited Hormuz Since War

Rediff.com4 days ago

India has successfully evacuated 59 vessels, including 23 Indian-flagged and 36 foreign-flagged ships carrying cargo for India, from the Strait of Hormuz since March 1, 2026, amid fresh attacks and declining shipping traffic, Shipping Minister Sarbananda Sonowal informed the Rajya Sabha.

RIL Q1 Profit Falls 22% on Asian Paints Stake Sale

RIL Q1 Profit Falls 22% on Asian Paints Stake Sale

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.