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India Mulls Barter System to Export Rice to Iran

EghtesadOnline: India 's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.
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Publish Date:12/November/2018 | 10:49

Iran, Russia, India to Meet on International North-South Corridor

EghtesadOnline: India , Russia and Iran will hold a trilateral meeting on the International North-South Transport Corridor on November 23 to make the 7,200-km ship, road and rail route operational soon, an official statement said on Monday.
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Publish Date:31/October/2018 | 08:45

India Working on Rupee-Rial Mechanism for Chabahar Port Project

EghtesadOnline: India is weighing a rupee-rial payment mechanism for the Chabahar Port project in Iran as it weaves a way around the impending sanctions imposed by the US on the Persian Gulf nation from November 4, to kickstart the port that is considered critical to the country’s geopolitical and trade interests.
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Publish Date:21/October/2018 | 08:17

India ’s Iran Oil Imports Inch Up

EghtesadOnline: India imported 528,000 bpd of Iranian oil in September, up by 1% from August, due to delays of some August cargos until India n refiners received the government nod to import Iran’s oil on Iranian tankers with Iranian insurance.
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Publish Date:13/October/2018 | 24:44

Iran to Hand Over Chabahar Port Operations to India in a Month

EghtesadOnline: Iran will hand over the strategic Chabahar Port to an India n company within a month for operation as per an interim pact, Iranian Minister of Roads and Urban Development Abbas Akhoundi said on Thursday.
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Publish Date:10/September/2018 | 10:42

India Not to Zero Iran Oil Imports

EghtesadOnline: India will definitely not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the US sanctions on Tehran at a meeting with top US officials next week, a senior India n government official with direct knowledge of the country’s oil purchasing policy told Reuters.
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Publish Date:02/September/2018 | 08:03

Germany Suggests India Continue Iran Oil Imports

EghtesadOnline: Speaking to India n TV, Germany voiced hope that India would continue to purchase Iranian oil in the face of looming US sanctions against Tehran.
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Publish Date:23/July/2018 | 11:08

Tehran Assures New Delhi of Adequate Crude Supply

EghtesadOnline: Iran will take care to supply India with all the oil it needs, the country’s embassy in India said, a day after its deputy ambassador threatened that Iran could turn the tap off if India cut back on Iranian oil under the pressure of US sanctions.
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Publish Date:14/July/2018 | 13:02