India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.
A group of rioters allegedly touched a woman constable inappropriately and tried to disrobe her during violence in Nagpur, sparked by protests against Mughal emperor Aurangzeb's tomb. The mob also hurled petrol bombs at the police. Authorities have arrested 51 rioters and filed 57 charges against them.
The man who threw the petrol bomb was immediately overpowered, they said
The Delhi government will stop providing petrol to vehicles older than 15 years at fuel stations across the city after March 31, Environment Minister Manjinder Singh Sirsa announced. The decision is part of the government's efforts to combat air pollution in the national capital. The meeting focused on key policy decisions, including restrictions on older vehicles, mandatory anti-smog measures, and the transition to electric public transport. The government will install gadgets at petrol pumps to identify vehicles older than 15 years, and no fuel will be provided to them.
'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'
The killings of Gopal Khemka and his son Gunjan, seven years apart, bear a striking resemblance, reports M I Khan.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
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.
When it comes to the "all-new" Tata Altroz unveiled on Thursday, one might wonder if it's truly a complete overhaul or just a refreshed take on the familiar.
The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.
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.
Rekha, a resident of Koh village, was alone at home watching TV when the incident occurred. Her children, aged seven and five, were at school and her husband Sanju, a farm labourer, was away at work, Farah police station in-charge Sanjay Kumar Pandey said.
A 17-year-old girl is in critical condition after a man allegedly set her ablaze in Mumbai's Andheri area. The victim and the accused, who were friends, had recently been asked by the victim's mother to stop seeing each other. Police are investigating the motive behind the attack.
MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.
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.
A 24-year-old man was killed and two women were injured in Chandigarh after a Porsche car hit two scooters. The incident happened near a petrol pump in Sector 4 at around 8 am on Monday. The impact of the collision was so strong that one of the two-wheelers was completely destroyed and the front portion of the luxury car was damaged. The accident also severed Ankit's leg and injured the legs of the women. The driver of the Porsche was arrested.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
The Supreme Court on Tuesday dismissed the argument that a three-judge bench, rather than a two-judge bench, should hear appeals of convicts in the 2002 Godhra train burning case. The court found that the Gujarat High Court commuted the death penalty to life imprisonment, therefore not requiring a three-judge bench. The hearing of the appeals will continue on Wednesday, with the state government seeking restoration of the death sentences of 11 convicts.
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.
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.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
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.
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.
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.
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.
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).
'DRDO is working on a number of technologies that will give India Star Wars capability.'
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).
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.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
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.
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 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.
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.
The minister also said moving forward, tourists visiting Karnataka will be briefed on the dos and don'ts to ensure their safety.
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.
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.
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.
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.
