Iran-India Relations
Follow the latest news about Iran and India relations including stories about Farzad B gas field development, banking relations, trade volume, and Chabahar Port development.
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January 02,2019India’s biggest refiner Indian Oil Corp Ltd said Wednesday that Iran may still invest in a refinery expansion project at one of its subsidiaries. -
December 29,2018Some 120,000 tons of wheat and pulses have been exported to Afghanistan, mainly from India, through Chabahar Port in southern Iran since October 2017 when the first such Indian consignment passed...
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December 25,2018With the opening of the Indian Ports Global Limited's office in Chabahar on Monday, Iran has officially leased the operational control of Shahid Beheshti Port to India. The Indian company is a...
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December 21,2018The special trade mechanism set up by India's UCO Bank for processing oil import payments from Iran became operational on Friday, an official at the Foreign Ministry in Tehran said. "Following...
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December 19,2018India will deposit payments for crude oil imported from Iran into escrow accounts of five of its banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to...
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November 16,2018Outgoing Indian ambassador to Tehran, Saurabh Kumar, met with president of the Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari to discuss ways of continuing Iran-India...
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November 11,2018India'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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November 03,2018The prospects of Indian refiners cutting their intake of Iranian crude oil to zero are unrealistic, the chairman of Indian Oil Corporation told S&P Global Platts.
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October 23,2018India, notwithstanding impending sanctions on Iran, intends to put in place a corridor linking Gujarat and West Bengal to Kazakhstan and Eastern Russia via Iran's Bandar Abbas Port.
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October 17,2018Iran and India will continue to lead the global ammonia market capacity growth, which is poised to increase from 241.9 million tons per year (tpy) in 2017 to 286.4 million tpy in 2026, says data...
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October 12,2018India imported 528,000 bpd of Iranian oil in September, up by 1% from August, due to delays of some August cargos until Indian refiners received the government nod to import Iran’s oil on Iranian...
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October 08,2018Two Indian oil companies have placed orders to import Iranian crude next month, Oil Minister Dharmendra Pradhan said Monday, defying a call from President Donald Trump's administration for...
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October 01,2018Denying reports about curbing oil output, Ali Kardor the CEO of the National Iranian Oil Company says Iran has no plans to cut production and NIOC is pumping as before.
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September 28,2018India is committed to buying Iranian oil and continuing the bilateral economic cooperation, the foreign minister said Thursday
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September 12,2018Iran traded 4.71 million tons of non-oil commodities worth $2.18 billion with India during the first five months of the current fiscal year (March 21-Aug. 22). This registers a 12.19% and 10.67%...
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September 07,2018Iran will hand over the strategic Chabahar Port to an Indian company within a month for operation as...
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August 08,2018Iran traded 3.75 million tons of non-oil commodities worth $1.72 billion with India during the first four months of the current fiscal year (March 21-July 22), registering a 9.32% and 4.84%...
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August 01,2018India’s first consignment of pulses to be sent to Afghanistan arrived at Iran’s southeastern port of Chabahar on Wednesday, the news outlet of the Ministry of Roads and Urban Development reported....
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July 27,2018Managing Director of Ports and Maritime Organization of Iran Mohammad Rastad said India will officially begin the $85 million investment it has committed in Chabahar Port soon. He made the...
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July 14,2018Just weeks before US reimposes sanctions on Iran, the Indian government has approved a proposal from Iranian private lender Bank Pasargad to open a branch in Mumbai. According to Indian Express,...
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June 10,2018Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director of...
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June 09,2018Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar Port project next...
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June 08,2018India will soon begin talks with Iran on a trade accord just as the US has turned hostile toward...
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June 01,2018India’s largest lender State Bank of India has alerted all its offices on the pitfalls of dealing with companies carrying out trade with Russia and Iran, which are battling US sanctions. Large...
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May 30,2018Two Indian banks have asked exporters to complete their financial transactions with Iran...
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