India to double oil import from Iran in 2018
According to the informed sources, Indian state refineries are planning to double oil imports from the Islamic Republic of Iran in 2018. “Iran is pushing to retain its oil customer in Asia, offering better terms and conditions than other Middle Eastern suppliers including Saudi Arabia, even as the threat looms of potential further US sanctions […]
Iran, India Growing Banking Ties without Dollar: Diplomat
A top Indian diplomat at Tehran embassy unveiled plans for the expansion of trade and banking ties with Iran using the national currencies of the two sides instead of US dollar, saying six Iranian banks have been authorized to make investment in India. Speaking at a press conference at India’s embassy in Tehran on Thursday, […]
Iranian parliamentary delegation leaves Tehran for Delhi
A senior Iranian parliamentary delegation headed by MP Nazar Afzali left Tehran on Sunday for Indian capital city of New Delhi. In a bid to develop relations with Delhi, a senior delegation of Iranian MPs of the Iranian-Indian Parliamentary Friendship Group headed by Nazar Afzali left Tehran on Sunday for Indian capital city of New […]
Iranian bank to open branch in India
During the talks with Iran’s president, India’s Prime Minister announced that an Iranian private bank would be licensed to open a branch in India. Majid Ghasemi, the managing director of Bank Pasargad was a member of Iranian delegation who were accompanying the Iranian president in the meeting with Narendra Modi in New Delhi a couple […]
Indians to invest $2 billion in Iran’s port, railways
Iran’s Minister of Roads and Urban Development, who is accompanying President Rouhani on his trip to India, announced on Saturday that Indians have expressed their initial agreement to invest $ 2 billion in Iran’s ports and railways. Iranian Minister of Roads and Urban Development Abbas Ahmad Akhoundi said that Indians have expressed their initial agreement […]
Iran-India ties developing on right, positive path
President Hassan Rouhani stressed that Iran and India’s relations are developing on a right and positive path, noting that several MoUs will be signed during his meeting with PM Modi on Saturday. Speaking to reporters on Thursday before leaving for India, Iranian President Hassan Rouhani said his maiden visit comes at the invitation of Indian […]
Rouhani to cement ties with India in 3-day maiden visit
President Rouhani’s maiden visit to India on Thu. aims at cementing bilateral ties through signing several MoUs, deputy head of presidential public relations said Wednesday. Iranian president’s deputy chief of staff for communications and information, Parviz Esmaeili, said Rouhani’s visit is in response to the historic visit by Indian Prime Minister Narenda Modi to Tehran […]
President Rouhani to visit India in February
TEHRAN – President Hassan Rouhani is scheduled to make a visit to India in February, The Times of India reported on Wednesday. Rouhani’s visit is scheduled to take place after Prime Minister Narendra Modi returns from another trip to West Asia, including Palestine, the UAE and Oman. India and Iran have started development of Chahbahar […]
Netanyahu in India: Why India must not shake hands with him
NEW DELHI – On Sunday, Indian Prime Minister Narendra Modi, whose animated bear hug easily beats Trump’s awkward handshake, went against protocol to welcome his new friend Israeli Prime Minister Benjamin Netanyahu at the New Delhi airport. After a bear hug and handshakes, the six-day visit kicked off with both leaders extolling each other and […]
Iran, India to Finalize Railroad Project Deal
TEHRAN – During a planned visit to New Delhi, Iran’s Minister of Roads and Urban Development and his Indian counterpart are expected to make the final decision about details of a deal on financing a railroad linking the Iranian southeastern cities of Zahedan and Chabahar, an official said. In a meeting with India’s ambassador to […]