EghtesadOnline: Shipping services between Chabahar’s Shahid Beheshti Port and Indian ports are available on a weekly basis, Behrouz Aqaee, director general of the Ports and Maritime Organization of Sistan- Baluchestan Province said on Tuesday.
EghtesadOnline: Iran is willing and ready to invest in the development of Nagapattinam refinery in Southern Tamil Nadu state, a senior Iranian diplomat said in New Delhi on Wednesday.
EghtesadOnline: Weeks after India stopped oil imports from Iran, the Modi government is keen to resume supply from the country and is looking at ways to make payments in Indian rupee to get around US sanctions, two government sources told ThePrint, India's digital platform for latest news and reports.
EghtesadOnline: A new shipping route between the seaport of Kandla in western India and Iran's southern Qeshm Island has been officially established with the arrival of a cargo ship named Neshat in Qeshm.
EghtesadOnline: The prospects of economic cooperation continuing between Iran and India still seem promising, given New Delhi's long-held policy of balancing its relations with Tehran and Washington and a sanctions exemption for the development of Chabahar Port, say political observers.
EghtesadOnline: Two days after the visit of Iranian Foreign Minister Mohammed Javad Zarif, India held the 11th Consular Committee Meeting with Iran on Thursday to ease visa and legal issues for boosting bilateral ties.
EghtesadOnline: India’s government is holding talks with a new bank to facilitate trade with Iran and process Iran/India transactions. The new bank is set to work in tandem with UCO bank, according to Gaddam Dharmendra, India’s ambassador to Iran.
EghtesadOnline: Amid uncertainty over's oil import possibilities from Iran after May 2 when the waivers to US sanctions on Iran are withdrawn, India’s state-run IDBI bank has stepped-up efforts in this direction by creating Iran trade processing cells in three Indian cities.
EghtesadOnline: The US administration said on Monday that it will not renew waivers that let countries buy Iranian oil without facing sanctions, a move that roiled energy markets and risks upsetting major importers such as China and India.
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh Ltd, the foreign investment arm of India’s Oil and Natural Gas Corp. to expand Farzad B Gas Field in the Persian Gulf.