News for 'refiners'

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

AIIMS Delhi's Surgical Advance Offers Hope For Spinal Deformities

AIIMS Delhi's Surgical Advance Offers Hope For Spinal Deformities

Rediff.com3 May 2026

A modified surgical technique developed at AIIMS, Delhi, is providing new hope for patients with severe spinal deformities. The technique, a refined version of posterior vertebral column resection (PVCR), improves spinal stability and reduces complications, leading to better outcomes and improved quality of life for patients.

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 navigates volatile oil markets with agile sourcing, operational tweaks

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Rediff.com27 Apr 2026

India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.

SC releases draft regulations on use of AI in courts

SC releases draft regulations on use of AI in courts

Rediff.com4 Jun 2026

The draft regulations for use of AI in courts 'shall apply to the use, deployment, or integration of AI in any judicial, adjudicatory or administrative function of the Supreme Court of India, high courts, and all courts including the Tribunals and statutory Commissions performing adjudicatory functions, within the territory of India'.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Besides a packet of Melody, here's what Modi gifted to Meloni

Besides a packet of Melody, here's what Modi gifted to Meloni

Rediff.com21 May 2026

Prime Minister Narendra Modi presented a range of culturally significant gifts during his recent five-nation tour, including a Muga silk stole for the Italian Prime Minister and Madhubani painting for the Dutch Prime Minister, showcasing India's rich artistic heritage.

US lost 42 aircraft, including fighter jets in Iran war: Report

US lost 42 aircraft, including fighter jets in Iran war: Report

Rediff.com20 May 2026

A Congressional Research Service report reveals that at least 42 US aircraft were lost or damaged during Operation Epic Fury, targeting Iran, with costs estimated to reach USD 29 billion.

The rise of Kvaratskhelia: From little-known Georgian talent to PSG's elite weapon

The rise of Kvaratskhelia: From little-known Georgian talent to PSG's elite weapon

Rediff.com28 May 2026

As PSG prepare for another showdown, against Arsenal at the Puskas Arena in Budapest, the Georgian has become one of the symbols of Luis Enrique's exhilarating side, adding improvisation and menace to a team already overflowing with attacking talent.

Like Aditi's Sun-Kissed Look At Cannes? VOTE!

Like Aditi's Sun-Kissed Look At Cannes? VOTE!

Rediff.com20 May 2026

Aditi Rao Hydari looked captivating at Cannes 2026, showcasing her refined fashion sense with two elegantly styled outfits.

Xiaomi Unveils S Mini LED TV Series

Xiaomi Unveils S Mini LED TV Series

Rediff.com7 May 2026

Xiaomi has introduced its new S Mini LED series of smart televisions in India, marking its entry into Mini LED technology with enhanced picture quality, superior contrast and increased brightness. The series is available in 55, 65, and 75-inch sizes, with prices starting from 51,999, and offers banking discounts and EMI options.

Want To Exchange Gold? Read This First

Want To Exchange Gold? Read This First

Rediff.com1 Jun 2026

'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

OnePlus Pad 4 With Snapdragon 8 Elite & 13.2 144 Hz Screen

OnePlus Pad 4 With Snapdragon 8 Elite & 13.2" 144 Hz Screen

Rediff.com20 May 2026

The OnePlus Pad 4 is a refined and capable tablet, blending striking visuals with impressive power and thoughtfully designed productivity features.

9 Major Charges In Sebi's Rajesh Exports Order

9 Major Charges In Sebi's Rajesh Exports Order

Rediff.com4 Jun 2026

The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.

The Secret Behind Nitish Kumar Reddy's Bowling Transformation

The Secret Behind Nitish Kumar Reddy's Bowling Transformation

Rediff.com21 May 2026

England pace bowling coach Steffan Jones reveals the training methods and tweaks to Nitish Kumar Reddy's action that led to a significant increase in his bowling speed and accuracy, making him a potential asset for the Indian cricket team.

AI Search Reshapes Google's Future

AI Search Reshapes Google's Future

Rediff.com21 May 2026

Google's AI Search marks a shift from information discovery to information delivery.

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Rediff.com27 May 2026

As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.

Meet The New CBSE Chief

Meet The New CBSE Chief

Rediff.com3 Jun 2026

Sarthak Sidhant, a 17-year-old student from Jharkhand affected by CBSE's online marking system, made a presentation before the Parliamentary Standing Committee on Tuesday on alleged irregularities in the tendering process for the selection of vendors for online marking of Class 12 answer scripts.

Israel fears surprise Iran attack amid peace talks

Israel fears surprise Iran attack amid peace talks

Rediff.com22 May 2026

Amid ongoing ceasefire negotiations, Israel is on high alert, fearing a potential surprise missile and drone attack from Iran targeting Gulf countries and Israel, according to intelligence officials.

'Gaganyaan will position India uniquely in global space race'

'Gaganyaan will position India uniquely in global space race'

Rediff.com31 May 2026

Astronaut Shubhanshu Shukla discusses the Gaganyaan mission and its potential to inspire other nations in space exploration, drawing on his experiences as an IAF test pilot and his time on the International Space Station.

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

10 Everyday Habits That Harm Your Gut

10 Everyday Habits That Harm Your Gut

Rediff.com28 May 2026

Dr Rishikesh Malokar, senior consultant gastroenterologist, hepatologist, and therapeutic GI endoscopist at the Zynova Shalby Hospital, explains how habits such as unmonitored consumption of processed foods, skipping meals, and lack of fibre in the diet can quietly create havoc on the gut.

US-Iran draft deal proposes immediate ceasefire, sanctions relief

US-Iran draft deal proposes immediate ceasefire, sanctions relief

Rediff.com22 May 2026

A potential agreement between the United States and Iran, including a comprehensive ceasefire and gradual lifting of US sanctions, may be announced soon, according to reports. The agreement aims to de-escalate tensions and establish a framework for resolving disputes.

Pranati Nayak Aims To Increase Difficulty Level

Pranati Nayak Aims To Increase Difficulty Level

Rediff.com29 May 2026

Indian gymnast Pranati Nayak is focusing on increasing her difficulty level for the Asian Championships after winning a silver medal at the FIG World Challenge Cup in Tashkent. She is balancing execution and difficulty in preparation for the Asian Championships, Commonwealth Games, and Asian Games.

OnePlus Nord CE 6 Lite Gets 7,000 mAh Battery, 144Hz Screen

OnePlus Nord CE 6 Lite Gets 7,000 mAh Battery, 144Hz Screen

Rediff.com13 May 2026

The OnePlus Nord CE6 Lite is a fresh addition in the Nord CE Lite range.

How Delhi Police Busted Interstate Drug Syndicate

How Delhi Police Busted Interstate Drug Syndicate

Rediff.com22 May 2026

Delhi Police have dismantled an interstate narcotics syndicate, arresting nine individuals and seizing heroin and crude opium valued at approximately Rs 16 crore.

French Open favours Sinner: Is the Italian set for history?

French Open favours Sinner: Is the Italian set for history?

Rediff.com20 May 2026

World number one Jannik Sinner has the opportunity to complete his Grand Slam collection at the French Open, especially with Carlos Alcaraz's withdrawal altering the tournament dynamics. Sinner's improved clay court game and consistent performance make him a strong contender for the title.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com20 May 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

Rediff.com22 May 2026

As many as 35 vessels, including cargo carriers and oil tankers, successfully navigated through the strategic maritime chokepoint of the Strait of Hormuz over the last 24 hours, according to Iran's state media reports citing a formal declaration by the Islamic Revolutionary Guard Corps (IRGC) Navy.

Hypertension Day: 10 Foods That Are Bad For Your Heart

Hypertension Day: 10 Foods That Are Bad For Your Heart

Rediff.com17 May 2026

On World Hypertension Day, Dr Anup Taksande, clinical director-cardiology and cardiac interventions at KIMS Hospitals, Thane, explains why you must think twice before reaching out for that pack of chips, sugar-free cereals or instant noodles.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

Vivo X300: Snapdragon 8 Gen 5, 200 MP Camera

Vivo X300: Snapdragon 8 Gen 5, 200 MP Camera

Rediff.com8 May 2026

The flagship Vivo X300 Ultra features a 6.82-inch 2K LTPO AMOLED display, the Snapdragon 8 Elite Gen 5 processor, a ZEISS-co-engineered 200MP triple camera system, and a 5800 mm vapour cooling system.

OnePlus Nord CE 6 Gets Massive 8,000mAh Battery

OnePlus Nord CE 6 Gets Massive 8,000mAh Battery

Rediff.com8 May 2026

The OnePlus Nord CE6 features a 6.78-inch 1.5K AMOLED display with a 144 Hz refresh rate, a Snapdragon 7s Gen 4 chipset, a 50MP main camera, and an 8,000 mAh battery with 80W SUPERVOOC charging.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

Rediff.com29 Apr 2026

Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.

5 Of The World's Largest Oil Refineries

5 Of The World's Largest Oil Refineries

Rediff.com7 Apr 2026

Oil processing facilities form the foundation of the worldwide energy sector, converting crude petroleum into essential fuels such as petrol, diesel, aviation fuel and various petrochemical products.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

Hockey India Announces Squad For National Coaching Camp

Hockey India Announces Squad For National Coaching Camp

Rediff.com20 Apr 2026

Hockey India has announced a 36-member core probable group for the upcoming senior men's national coaching camp, scheduled to be held in Bengaluru from April 20 to May 9.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com12 May 2026

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.