News for 'petroleum'

Core infra sectors grow by 1.8% in November

Core infra sectors grow by 1.8% in November

Rediff.com22 Dec 2025

India's eight key infrastructure sectors grew at a slower pace of 1.8 per cent in November against 5.8 per cent in the same month last year, amid a dip in production of crude oil, natural gas, refinery products, and electricity, according to official data released on Monday.

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Rediff.com30 Dec 2025

State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive said.

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman tabled the first batch of Supplementary Demands for Grants for 2025-26 in the Lok Sabha, which seeks approval for a gross additional expenditure of Rs 1.32 lakh crore.

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.

WPI inflation rises to (-) 0.32% in November

WPI inflation rises to (-) 0.32% in November

Rediff.com15 Dec 2025

Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday.

Economic activity remained upbeat in Nov

Economic activity remained upbeat in Nov

Rediff.com23 Dec 2025

Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.

What Putin hopes to achieve on his India visit

What Putin hopes to achieve on his India visit

Rediff.com3 Dec 2025

Russian President Vladimir Putin's visit to India this week aims to secure energy supplies, stabilise defence deliveries and ensure bilateral trade continues smoothly despite strong Western sanctions, GTRI said on Tuesday.

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

Rediff.com17 Dec 2025

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.

Is India Still Buying Russian Oil?

Is India Still Buying Russian Oil?

Rediff.com17 Dec 2025

Indian private sector and State-run refiners continued to receive crude oil from Russian suppliers even after November 21 -- the winding-down date for US sanctions on supplies from leading Russian oil producers imposed in October -- as new intermediaries sprung up in West Asia to sell the oil, according to senior refining sources and ship tracking data.

India, New Zealand conclude FTA negotiations

India, New Zealand conclude FTA negotiations

Rediff.com22 Dec 2025

New Zealand Prime Minister Christopher Luxon on Monday said the negotiations for a free trade agreement with India have been concluded.

Core industries growth flat in October

Core industries growth flat in October

Rediff.com20 Nov 2025

Growth of eight key infrastructure sectors remained flat in October as expansion in output of petroleum refinery products, fertiliser and steel was offset by a contraction in coal and electricity production, according to official data released on Thursday.

Exports up 19.37% to $38.13 bn in November

Exports up 19.37% to $38.13 bn in November

Rediff.com15 Dec 2025

India's exports jumped by 19.37 per cent to $38.13 billion in November, while imports dipped by 1.88 per cent to $62.66 billion, according to government data released on Monday.

India, Oman to ink free trade agreement during PM Narendra Modi visit

India, Oman to ink free trade agreement during PM Narendra Modi visit

Rediff.com13 Dec 2025

Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.

Bhopal gas anniversary rally sparks row over effigy; organisers booked

Bhopal gas anniversary rally sparks row over effigy; organisers booked

Rediff.com4 Dec 2025

A rally marking the 41st anniversary of the Bhopal gas tragedy was disrupted by a controversy over an effigy allegedly depicting an RSS 'sevak,' leading to an FIR against organizers.

200% spike in gold import drives India's trade deficit to $41.68 billion

200% spike in gold import drives India's trade deficit to $41.68 billion

Rediff.com22 Nov 2025

India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.

India signs first LPG term deal with US to import 2.2 mt of cooking gas

India signs first LPG term deal with US to import 2.2 mt of cooking gas

Rediff.com18 Nov 2025

In a first, Indian oil public sector undertakings (PSUs) finalised a one-year contract to import around 2.2 million tonnes (mt) of liquefied petroleum gas (LPG) from the US. The LPG import deal comes at a time when negotiations for an India-US bilateral trade agreement (BTA) are gathering steam. Earlier in the month, US President Donald Trump had said Washington and New Delhi were "pretty close" to reaching a fair trade deal.

India's exports drop 11.8%; trade deficit widens to $41.8 bn

India's exports drop 11.8%; trade deficit widens to $41.8 bn

Rediff.com17 Nov 2025

India's exports contracted 11.8 per cent to $34.38 billion in October, showed government data released on Monday. Imports jumped 16.63 per cent to $76.06 billion.

Oil companies breathe easy as Saudi cuts LPG price

Oil companies breathe easy as Saudi cuts LPG price

Rediff.com10 Nov 2025

Saudi Arabia's steep cut in LPG benchmark prices has pushed India's household LPG underrecoveries to their lowest level in over two years, slashing oil companies' losses from Rs 200-250 per cylinder last year to about Rs 20-40 now.

'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.

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.

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.

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.

Indians sanctioned by US for aiding Iran's energy trade

Indians sanctioned by US for aiding Iran's energy trade

Rediff.com10 Oct 2025

The Indian nationals sanctioned include Varun Pula, who owns Marshall Islands-based Bertha Shipping Inc., which owns and operates Comoros-flagged vessel PAMIR.

Did Modi really assure Trump on not buying Russian oil? Govt responds

Did Modi really assure Trump on not buying Russian oil? Govt responds

Rediff.com16 Oct 2025

India said it is broad-basing and diversifying sourcing of petroleum product to meet market conditions.

'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.'

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.

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).

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.

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 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.

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.

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.

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.

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.

'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.'