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inida Archives - Iran News Daily
India working out payment mechanism to purchase Iranian oil 13 Oct 2018

India working out payment mechanism to purchase Iranian oil

India is yet working out a payment mechanism for continued purchase of Iranian oil, Economic Affairs Secretary at the Indian Finance Ministry Subhash Chandra Garg told CNBC TV18 news channel. Indian Oil Minister Dharmendra Pradhan has conveyed that New Delhi will continue to buy Iranian oil to some extent, the official said, Reuters reported. India […]

U.S. is roadblock to peace between India, Pakistan 17 Sep 2018

U.S. is roadblock to peace between India, Pakistan

The inaugural 2+2 ministerial dialogue between India and the U.S. held in New Delhi last week has again threatened to jeopardize recent efforts made by New Delhi and Islamabad to bury the hatchet and open a new chapter in their bilateral ties. The joint statement issued at the summit has drawn sharp reaction from Islamabad, […]

India seeking to double bilateral trade with Iran within 5 years 10 Sep 2018

India seeking to double bilateral trade with Iran within 5 years

 Indian Commerce and Industry Minister Suresh Prabhu has proposed on Friday to double bilateral trade with Iran in the next five years, Economic Times reported quoting an official. According to the Indian agency, the decision has been discussed during a meeting between Prabhu and Iranian Minister of Road and Urban Development Abbas Akhoundi in New […]

‘India will not completely halt Iranian oil imports’ 01 Sep 2018

‘India will not completely halt Iranian oil imports’

India will not completely halt Iranian oil imports and will finalize its strategy on crude purchases from Tehran after a meeting with top U.S. officials next week, a senior government official said. U.S. Secretary of State Mike Pompeo and Defense Secretary Jim Mattis will hold high-level talks with India’s Foreign Minister Sushma Swaraj and Defence […]