News for 'petroleum'

'After E20, India should now focus on flex fuel'

'After E20, India should now focus on flex fuel'

Rediff.com5 Dec 2025

As of now, no firm has launched a flex-fuel vehicle in India, as these models are more expensive than comparable petrol-run vehicles.

5 Ways To Build The Essential Men's Skincare Routine:

5 Ways To Build The Essential Men's Skincare Routine:

Rediff.com19 Nov 2025

Everyone's skin is different, varying between dry, oily, normal, sensitive or a mix. Men's skin is quite different from women's and needs its own regimen.

8th Pay Commission may come into effect from Jan 2026

8th Pay Commission may come into effect from Jan 2026

Rediff.com28 Oct 2025

The Cabinet on Tuesday approved the Terms of Reference (ToR) of the 8th Pay Commission, which is likely to be implemented from January 1, 2026.

Wholesale price inflation falls to (-) 1.21% in Oct on GST cut

Wholesale price inflation falls to (-) 1.21% in Oct on GST cut

Rediff.com14 Nov 2025

Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and vegetables, as well as lower fuel and manufactured items' prices, government data showed on Friday.

Russia Oil Imports Up In Oct

Russia Oil Imports Up In Oct

Rediff.com26 Oct 2025

After a three-month slowdown, India's oil imports (already landed) from Russia bounced back in the first 15 days of October to 1.8 million barrels per day.

Grieving father's viral post leads to cops' suspension in Bengaluru

Grieving father's viral post leads to cops' suspension in Bengaluru

Rediff.com30 Oct 2025

A police sub-inspector and a constable in Bengaluru have been suspended following a viral social media post by a grieving father alleging harassment and corruption after his daughter's death.

Why Petroleum Products Are Not Under GST

Why Petroleum Products Are Not Under GST

Rediff.com4 Jul 2024

Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments.

US LPG pact may shield India from geopolitical shocks

US LPG pact may shield India from geopolitical shocks

Rediff.com26 Nov 2025

India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel.

Cyclone Ditwah wreaks havoc in Sri Lanka, 80 killed; India provides relief

Cyclone Ditwah wreaks havoc in Sri Lanka, 80 killed; India provides relief

Rediff.com28 Nov 2025

Sri Lanka is facing a severe crisis after Cyclone Ditwah caused widespread flooding and landslides, resulting in numerous deaths and displacement. India has launched 'Operation Sagar Bandhu' to provide relief. The situation is expected to remain critical with rising river levels and continued rainfall.

40 gas cylinders explode as tanker rams LPG truck in Jaipur; 1 dead

40 gas cylinders explode as tanker rams LPG truck in Jaipur; 1 dead

Rediff.com8 Oct 2025

The explosions and flames were visible and audible from several kilometers away and scrap of the exploded cylinders were found metres away.

'Efficiency of E20 is more or less on a par with petrol'

'Efficiency of E20 is more or less on a par with petrol'

Rediff.com23 Sep 2025

'Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Oct 2025

In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.

'Andhra Will Become Gateway Of India For Investment'

'Andhra Will Become Gateway Of India For Investment'

Rediff.com26 Nov 2025

'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

India to cut direct Russian crude imports from December

India to cut direct Russian crude imports from December

Rediff.com5 Nov 2025

India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

US sanctions on Russian oil firms to hit Reliance

US sanctions on Russian oil firms to hit Reliance

Rediff.com23 Oct 2025

US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now.

'Income has stopped': Why Union minister Suresh Gopi wants to resign

'Income has stopped': Why Union minister Suresh Gopi wants to resign

Rediff.com13 Oct 2025

Union Minister Suresh Gopi expressed his desire to step down from his ministerial post and recommended BJP's newly elected Rajya Sabha member C Sadanandan Master as his replacement in the central cabinet.

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.

Kerala probes students singing RSS song on Vande Bharat's maiden run

Kerala probes students singing RSS song on Vande Bharat's maiden run

Rediff.com9 Nov 2025

According to the minister, the government views the incident with utmost seriousness.

Cyclone Montha: Andhra prepares action plan for relief, essential supplies

Cyclone Montha: Andhra prepares action plan for relief, essential supplies

Rediff.com26 Oct 2025

The Andhra Pradesh government has prepared an action plan for relief and essential supplies in pre-cyclone preparedness for Cyclone Montha, expected to cross the coast on October 28.

GST 2.0 Needs Deeper Reforms

GST 2.0 Needs Deeper Reforms

Rediff.com22 Sep 2025

Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.

Allowing green firecrackers in NCR on test case basis, says SC

Allowing green firecrackers in NCR on test case basis, says SC

Rediff.com15 Oct 2025

The Supreme Court issued interim directions permitting the sale and bursting of green firecrackers in Delhi and the National Capital Region (NCR) during Diwali, outlining specific rules and restrictions.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

Cost-effective: Russia defends oil ties with India after Trump's claim

Cost-effective: Russia defends oil ties with India after Trump's claim

Rediff.com16 Oct 2025

The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

No phone call between Modi and Trump on Russian oil: MEA

No phone call between Modi and Trump on Russian oil: MEA

Rediff.com17 Oct 2025

India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.

Return of coal threatens India's emission commitments

Return of coal threatens India's emission commitments

Rediff.com29 Oct 2025

India's new climate pledge to the UN could be weakened by its growing use of coal, even as the country plans a 2035 roadmap to cut emissions and boost clean energy.

'Friend' Modi Assured Me...: Trump Claims India Will Stop Buying Russian Oil

'Friend' Modi Assured Me...: Trump Claims India Will Stop Buying Russian Oil

Rediff.com16 Oct 2025

United States President Donald Trump on Wednesday said Prime Minister Narendra Modi had assured him that India would stop purchasing oil from Russia, describing it as "a big step" in efforts to increase global pressure on Moscow.

Rupee trades near record lows against USD

Rupee trades near record lows against USD

Rediff.com2 Sep 2025

Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. However, import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, they stated.

SC rejects PIL against nationwide rollout of ethanol-blended petrol

SC rejects PIL against nationwide rollout of ethanol-blended petrol

Rediff.com1 Sep 2025

The Supreme Court rejected a PIL challenging the nationwide rollout of 20% ethanol-blended petrol (EBP-20), citing benefits to sugarcane farmers. The plea alleged incompatibility issues with older vehicles.

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.

SC hints at relaxing blanket firecracker ban in Delhi-NCR

SC hints at relaxing blanket firecracker ban in Delhi-NCR

Rediff.com10 Oct 2025

The Supreme Court is considering relaxing the ban on firecrackers in Delhi-NCR ahead of Diwali, citing practical concerns and the need to balance environmental and livelihood interests.

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

US sanctions Indian companies over Iran oil trade

US sanctions Indian companies over Iran oil trade

Rediff.com31 Jul 2025

The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.

SC Nod For Green Crackers; Sale Restricted In Delhi-NCR

SC Nod For Green Crackers; Sale Restricted In Delhi-NCR

Rediff.com26 Sep 2025

The Supreme Court has allowed certified manufacturers to produce green crackers, but restricted their sale in Delhi-NCR without approval. The court has asked the Centre to review the ban on firecracker manufacturing in the region.

'Ethanol-blended petrol could reduce mileage by 2-4%'

'Ethanol-blended petrol could reduce mileage by 2-4%'

Rediff.com31 Aug 2025

'The E20 usage accrues the huge benefit to the nation, to the society, to the farmer, to the environment, to the exchequer and all of us'

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Rediff.com30 Sep 2025

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday.

India looks to bet big on foreign drillers

India looks to bet big on foreign drillers

Rediff.com21 Jul 2025

India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers

Cong slams oil ministry post featuring Savarkar with Gandhi on I-Day

Cong slams oil ministry post featuring Savarkar with Gandhi on I-Day

Rediff.com15 Aug 2025

A post by the oil ministry featuring V.D. Savarkar alongside Mahatma Gandhi and other freedom fighters has drawn criticism from the Congress party, accusing the BJP of distorting history.