US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned 724 million euros (about Rs 6,850 crore) from exporting fuel made from Russian crude oil to the US in one year, an European think tank said in a report. "From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude.
When we put 'Thala' Ajith and 'Action King' Arjun in the same frame, you can expect fireworks and they don't let you down, notes A Ganesh Nadar.
Rathore, pointing to visuals said the accused was alone and he did not attempt to enter the Raj Bhavan's main gate; he continued to be on the opposite side of the road which had a median.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'DRDO is working on a number of technologies that will give India Star Wars capability.'
It is shameful that Governor Ravi has become a representative of the Bharatiya Janata Party and the Raj Bhavan has turned into an office of the saffron party, he alleged.
Maharashtra Minister Yogesh Kadam said 54 people have been arrested in connection with the violence in Nagpur, India, while a search is underway for the mastermind. The violence, which injured 33 police personnel, was triggered by rumors about a chadar with holy inscriptions being burnt during protests by the Vishwa Hindu Parishad (VHP).
A man allegedly poured petrol and set his wife ablaze in Maharashtra's Parbhani district after she gave birth to the couple's third daughter, a police official said on Saturday.
India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.
India's electric vehicle (EV) industry hit a new milestone in 2024, with sales surging 26.5 per cent year-on-year to 1.94 million units as of December 29, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH).
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
The third accused in the gang rape of two women, including an Israeli tourist, near Hampi in Koppal district has been arrested. Two other accused were arrested earlier. The incident occurred on March 6. The minister also instructed police to enhance security for tourists in the future to prevent such incidents.
The minister also said moving forward, tourists visiting Karnataka will be briefed on the dos and don'ts to ensure their safety.
dawoodi Bohra volunteers distributed around 50,000 bird feeders to households, schools, parks and community centres across the country.
The cyber police in Nagpur have booked local leader Fahim Khan and five others on charges of sedition and spreading misinformation on social media during the violence that erupted in the city on Monday. The department has also sought information from Facebook, X, Instagram, and YouTube authorities about 230 profiles and requested their blocking.
Petrol and diesel prices are unlikely to be increased despite firming raw material costs because of upcoming general elections next year, Moody's Investors Service said. Three state-owned fuel retailers -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 18 months in a row. This is despite the raw material (crude oil) cost surging last year, leading to heavy losses in first half of 2022-23 fiscal year before easing oil prices propelled them to profitability.
BYD's new charging system is capable of up to 1000kW charging speeds which may be achievable in China, the carmaker's home market, but such high charging speed is not available in India.
The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Minister of State for Finance Pankaj Chaudhary tabled a notification in Rajya Sabha scrapping the levy on crude oil produced by firms like state-owned Oil and Natural Gas Corporation (ONGC) and exports of fuels done by companies like Reliance Industries Ltd.
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September. Consumption of diesel, the most consumed fuel in the country -- accounting for about two-fifths of the demand, fell to 5.81 million tonnes in September from 5.99 million tonnes demand in the same period a year ago.
Success has put India in the exclusive and limited club of nations that possess the high-power Laser-DEW.
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.
Maharashtra Chief Minister Devendra Fadnavis has denied rumours that a cloth with Quranic verses was burnt during a protest in Nagpur. He attributed the subsequent violence to a planned attempt to disrupt social harmony and vowed to punish those who attacked police. Fadnavis stated that the violence was triggered by false rumours about the burning of a 'chadar' with Quranic verses during a protest demanding the removal of Mughal emperor Aurangzeb's tomb.
77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.
A 27-year-old event management professional was killed in an accident while trying to escape from eve-teasers who were chasing her in another vehicle in West Bengal's Paschim Bardhaman district. The victim, identified as Suchandra Chattopadhyay, was travelling with three colleagues to Gaya for a function when the accident took place at Panagarh around 3 AM. Two of the other passengers sustained serious injuries. Police have launched a search operation to locate the suspects.
Two women, including a 27-year-old Israeli tourist, were allegedly gang-raped while stargazing on the banks of Sanapur Lake near Hampi, police said on Saturday.
Police in Nagpur, Maharashtra, have formed 18 special teams to track down and arrest those involved in the violence that erupted in the city on Monday. As of Thursday, 69 people have been arrested in connection with the riots, while 200 accused have been identified and another 1,000 suspects are being investigated based on CCTV footage. The violence, which was sparked by rumors about a religious artifact being burnt during protests, led to injuries to 33 police personnel and damage to property.
Following the violence in Nagpur, Maharashtra's Cyber department has identified over 140 posts and videos on social media platforms that incite communal unrest. These posts, found on Facebook, Instagram, X, and YouTube, are being removed, and legal action is being taken against the individuals responsible. The department is also investigating the origins of the violence, which was triggered by rumors of a religious artifact being burnt during protests.
After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy - the nation's largest private fuel retailer - has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said. While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers. "To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our retail outlets until the end of June 2023," a spokesperson for Nayara Energy said.
Petrol doped with 20 per cent ethanol was rolled out on Monday at select petrol pumps in 11 states and union territories as part of a programme to increase use of biofuels to cut emissions as well as dependence on foreign exchange-draining imports. At present, 10 per cent ethanol is blended in petrol (10 per cent ethanol, 90 per cent petrol) and the government is looking to double this quantity by 2025. Prime Minister Narendra Modi launched the higher 20 per cent ethanol blended petrol two months ahead of the planned rollout in April, at the India Energy Week (IEW) 2023 in Bengaluru.
Petrol and diesel prices on Thursday were hiked by 35 paise per litre each, the second consecutive day of increase that took pump rates across the country to record high levels. The price of petrol in Delhi rose to its highest-ever level of Rs 106.54 a litre and Rs 112.44 per litre in Mumbai, according to a price notification of state-owned fuel retailers. In Mumbai, diesel now comes for Rs 103.26 a litre; while in Delhi, it costs Rs 95.27 per litre.
Petrol price on Friday was hiked by 30 paise a litre and diesel by 35 paise per litre as domestic fuel prices witnessed possibly the largest rally in rates. The price of petrol in Delhi rose to its highest-ever level of Rs 103.54 a litre and to Rs 109.54 per litre in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates too touched a record high of Rs 92.12 in Delhi and inched closer to the Rs 100-a-litre mark in Mumbai. It currently costs Rs 99.92 a litre in Mumbai.
Social media has been buzzing with memes mocking Aam Aadmi Party (AAP) leader Arvind Kejriwal's 2023 prediction that BJP will need another birth to win the Delhi elections. The BJP's victory in the recent elections has turned Kejriwal's bold claim into the punchline of the season. Memes and videos are circulating, referencing the AAP's defeat, highlighting the 'drama' between Kejriwal and AAP Rajya Sabha MP Swati Maliwal, and even drawing parallels to the BJP's win with the 'Mentos Zindagii' ad campaign.
Congress president Mallikarjun Kharge has accused the BJP of rigging the Maharashtra assembly elections and called for a return to ballot paper voting. He also criticized the Modi government for selling off public assets, undermining democratic institutions, and promoting communal polarization. Kharge's remarks come as the Congress prepares for its AICC session in Ahmedabad, where it will present its political and economic views.
For the first time, the government is likely to dip into the Oil Industry Development Fund (OIDF) to finance part of its fertiliser subsidy programme for 2025-26, according to official sources. The finance ministry has accounted for Rs 23,000 crore in the FY26 Budget as net additional resources to be drawn from dedicated reserve funds, including the OIDF, the Agriculture Infrastructure and Development Fund, and the Universal Service Obligation Fund.
Petrol and diesel prices across the country soared to all-time high levels on Thursday as rates were hiked again in line with the spurt in international oil prices. Petrol price was increased by 30 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers. The price of petrol in Delhi rose to its highest-ever level of Rs 103.24 a litre and to Rs 109.25 per litre in Mumbai, the notification showed.
Dr Manmohan Singh, the architect of India's economic reforms, had to literally face a trial-by-fire to ensure widespread acceptance of his path-breaking Union Budget of 1991 that saw the nation rise from its darkest financial crises.
Petrol price on Thursday was hiked by 35 paise per litre and diesel by 15 paise, pushing rates to a new high across the country. Petrol in Delhi now costs Rs 101.54 a litre and diesel Rs 89.87 per litre, according to a price notification of state-owned fuel retailers. The increase comes after rates stayed mute for three days. Petrol price was last hiked on July 12, on a day when diesel rates had seen its first reduction in almost three months. The increase on Thursday neutralised the 16 paise price cut in diesel on July 12.
A war of words erupted in the Indian Parliament on Tuesday between Samajwadi Party (SP) MPs and BJP MP Hema Malini over the alleged mismanagement at the ongoing Maha Kumbh in Prayagraj. SP leaders accused the Uttar Pradesh government of failing to provide adequate food, water, and fuel, leading to the deaths of devotees. Hema Malini, however, defended the event's organization, claiming it was well-managed despite a stampede that occurred on January 29th.
Uttam Ghosh offers his take on the daily increase in the prices of petrol and diesel.
