News for 'refiners'

Refiners' Euro-IV plans hit hurdles

Refiners' Euro-IV plans hit hurdles

Rediff.com14 Jul 2008

According to the National Auto Fuel Policy, Bharat Stage-IV, the Indian version of Euro-IV, is to be applicable in the country by April 2010. However, the plant upgradation plans of the oil refiners, who have to sell petrol and diesel with the stringent emission standard from April 1, are facing a delay as suppliers of the equipment are heavily booked.

Dinesh Karthik named RCB's batting coach, mentor

Dinesh Karthik named RCB's batting coach, mentor

Rediff.com1 Jul 2024

'Coaching at a professional level is incredibly exciting for me and is something I'm truly passionate about as a new chapter in my life. Hopefully, the breadth of my experiences as a player can contribute to the development of the group and bring added value.'

India's spectacular story in petroleum refining

India's spectacular story in petroleum refining

Rediff.com8 Apr 2008

India has witnessed a spectacular growth in the refining sector over the years. Today, there are 14 refineries in the country, 13 in the public sector and one in the joint sector, with an install capacity of 60.4 million tonnes per annum. Presently India is undergoing major economic and industrial reforms for integrating its economy with the global economy. In the liberalised scenario, the hydrocarbon sector has been identified as one of the main areas of the focus.

IndianOil to invest Rs 50,000 cr in refining expansion

IndianOil to invest Rs 50,000 cr in refining expansion

Rediff.com5 Sep 2012

With the investment, the company's refining capacity will rise 60 per cent from the present 65.7 million tonnes per annum (mtpa) to 105 mtpa by 2022.

US Open: Look At What Stars Are Wearing!

US Open: Look At What Stars Are Wearing!

Rediff.com29 Aug 2024

From bold colour-blocking to sleek silhouettes, US Open 2024's collections feature the latest trends in tennis fashion.

No plan to abolish sugar exports, refined oil duty

No plan to abolish sugar exports, refined oil duty

Rediff.com14 Jan 2011

The government said there is no proposal to abolish import duty on refined edible oils and no plans to ban sugar exports through Advance License Scheme, under which mills have an obligation to export about one million tonnes of sugar by March. "We have no such proposal," Food Secretary B C Gupta told reporters here when asked if the government was planning to waive off import duty on refined edible oils from the existing charge of 7.5 per cent.

As crisis deepens, exporters concerned about Indo-Bangladesh trade

As crisis deepens, exporters concerned about Indo-Bangladesh trade

Rediff.com5 Aug 2024

Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.

Patidar Or Sarfaraz?

Patidar Or Sarfaraz?

Rediff.com1 Feb 2024

Rajat Patidar, who made his ODI debut in South Africa last year, has emerged as the front-runner over Sarfaraz Khan for a spot in India's middle-order for the second Test.

Customs duty exemption on lithium, cobalt to aid growth of EV sector

Customs duty exemption on lithium, cobalt to aid growth of EV sector

Rediff.com23 Jul 2024

The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric vehicles more affordable for the buyers, auto industry leaders said on Tuesday.

10 Tips for Losing Belly Fat

10 Tips for Losing Belly Fat

Rediff.com20 Jun 2024

Focus on consuming fewer calories overall to create a calorie deficit, which is necessary for weight loss, advises rediffGURU Dr Shakeeb Ahmed Khan.

India asks refiners to buy dollars, euros to settle Iran oil dues

India asks refiners to buy dollars, euros to settle Iran oil dues

Rediff.com30 Jun 2015

India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.

Banks turn cautious on lending to smaller microfinance players

Banks turn cautious on lending to smaller microfinance players

Rediff.com8 Jul 2024

Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher rates. Recently Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao slammed micro lenders for increasing their margins "disproportionately" and said these lenders were quick to pass on the increased cost to the borrowers but reluctant to pass on the benefits under the new regime, where margins are not capped.

Iran offers insurance to India, refiners snub plan

Iran offers insurance to India, refiners snub plan

Rediff.com28 May 2013

The delegation led by Qasemi arrived on Sunday with the aim of persuading New Delhi to step up both oil imports and investment in the OPEC-member's oil and gas sector.

Iran crisis may hit expansion of Indian refiners

Iran crisis may hit expansion of Indian refiners

Rediff.com4 Mar 2013

According to an official source, the Rs 8,000-crore (Rs 80-billion) capacity expansion plan by Chennai Petroleum Corporation Ltd may get hit as European companies are reluctant to give technology licensing for the upcoming six-million tonne units.

IOC plans to buy Turkish refiner

IOC plans to buy Turkish refiner

Rediff.com27 May 2005

Indian Oil Corporation, the country's largest oil firm, is eyeing acquisition of Turkey's biggest refiner - Turkish Petroleum Refineries Corporation (TUPRAS).

Cummins boasts peak T20 form heading into World Cup

Cummins boasts peak T20 form heading into World Cup

Rediff.com4 Jun 2024

Pat Cummins arrived at the ICC T20 World Cup brimming with confidence, crediting his recent Indian Premier League (IPL) stint for his best T20 bowling in a decade

Oil imports from Russia likely to decline this year

Oil imports from Russia likely to decline this year

Rediff.com9 Jan 2024

Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts, lower output, and a rebound in West Asian supplies, according to the ship-tracking data and industry executives. This may impact the billions of dollars in annual savings that India made last year. Imports of Russian oil jumped by a record 140 per cent in calendar 2023 to 1.79 million barrels a day (b/d) from 740,400 b/d in 2022, when Russia marched into Ukraine in February, and from just 102,000 b/d in 2021, according to the data from Paris-based market intelligence agency Kpler.

India set to become refining hub

India set to become refining hub

Rediff.com15 Nov 2005

Anant Ambani, Radhika Merchant Will Get Married On...

Anant Ambani, Radhika Merchant Will Get Married On...

Rediff.com30 May 2024

Meanwhile, the grand pre-shaadi celebrations continue.

Are You Struggling With A Cortisol Belly?

Are You Struggling With A Cortisol Belly?

Rediff.com20 Aug 2024

A cortisol belly is a common health problem resulting from elevated cortisol levels due to chronic stress, poor diet, lack of physical activity, inadequate sleep and overtraining, says clinical nutrition consultant Neha Sahaya.

Budget: Tax Treat For Salaried Class?

Budget: Tax Treat For Salaried Class?

Rediff.com28 Jun 2024

Amid the Budget preparation, the revenue department is assessing the feasibility of further adjustments to maximise benefits for salaried individuals.

Recipe: Mayur's Wood Apple Chutney

Recipe: Mayur's Wood Apple Chutney

Rediff.com9 May 2024

Sweet and spicy, this chutney will add a chatpata addition to your lunch/dinner.

Ambani unveils growth roadmap for Reliance

Ambani unveils growth roadmap for Reliance

Rediff.com29 Aug 2024

Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.

India, Russia set $100 bn annual trade target by 2030

India, Russia set $100 bn annual trade target by 2030

Rediff.com9 Jul 2024

India and Russia on Tuesday set a target of $100 billion in annual trade volume by 2030 and vowed to develop a robust bilateral payment settlement mechanism using national currencies. The two sides also inked a total of nine agreements to further broadbase cooperation in a range of areas including in the economic domain following summit talks between Prime Minister Narendra Modi and Russian President Vladimir Putin.

Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies

Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies

Rediff.com26 Jun 2024

Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.

River Seine's suitability questioned for Paris games

River Seine's suitability questioned for Paris games

Rediff.com5 Jul 2024

Pollution levels in the Seine have raised health concerns for athletes participating in swimming events

RIL Q1 net up 17% on higher refining margins

RIL Q1 net up 17% on higher refining margins

Rediff.com25 Jul 2011

RIL, which operates the world's largest refining complex at Jamnagar in Gujarat, said it earned $10.3 for turning every barrel of crude oil into petroleum products.

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com21 Apr 2024

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.

Ganguly backs Pant's captaincy: 'He'll learn with time'

Ganguly backs Pant's captaincy: 'He'll learn with time'

Rediff.com15 May 2024

Sourav Ganguly feels Rishabh Pant is an instinctive captain and his leadership skills will refine with time and experience.

Global Fuel Prices Lower, But Pump Rates Still High

Global Fuel Prices Lower, But Pump Rates Still High

Rediff.com8 Jun 2023

Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers

Shubman Gill has the potential to be a 'superstar': Ashwin

Shubman Gill has the potential to be a 'superstar': Ashwin

Rediff.com14 Mar 2024

Shubman Gill, silenced his doubters with a noteworthy performance in the recent Test series against England.

Recipe: Jayanti's Magical Dhaniya Panjiri

Recipe: Jayanti's Magical Dhaniya Panjiri

Rediff.com5 Jun 2024

A healthy recipe with coriander seeds and nuts.

10 Diet Changes For A Healthy 2024

10 Diet Changes For A Healthy 2024

Rediff.com15 Dec 2023

Are you looking to transform your health game? Dr Chetan Savaliya, director, Satvam Nutrition, has some tips for you.

What Mahabali Won't Hear

What Mahabali Won't Hear

Rediff.com13 Sep 2024

Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.

Recipe: Refreshing Lemon Iced Tea

Recipe: Refreshing Lemon Iced Tea

Rediff.com15 Apr 2024

Prepare a batch of Lemon Iced Tea. Keep sipping it through the day. Add a tot of liquor to convert to a cocktail.

10 Foods A Dietician Wants To You To AVOID Eating

10 Foods A Dietician Wants To You To AVOID Eating

Rediff.com31 Jan 2024

Regular consumption of fried, junk and packaged food will have minor to severe health implications, warns dietician Bhakti Adkar.

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

IIFCL refinances loan worth Rs 4,000 crore

IIFCL refinances loan worth Rs 4,000 crore

Rediff.com3 Feb 2011

"Till September we have refinanced loans worth Rs 1,500 crore (Rs 15 billion). We will lend another Rs 3,500-4,000 crore (Rs 35-40 billion) to REC and PFC by the end of this fiscal," IIFCL Chief Executive Pradeep Kumar said.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Why Consumers Are Denied Discounts From Russian Crude

Why Consumers Are Denied Discounts From Russian Crude

Rediff.com17 Mar 2023

Officials from State-run refiners contend that savings from purchase of Russian oil are used to offset a part of the losses in revenues from selling transport fuels and LPG at State-set rates.