India’s Ministry of Commerce and Industry in its latest report said the value of trade between Tehran and New Delhi increased by 21 percent in November 2023 compared to the same month in 2022.
The trade exchanges between the Islamic Republic of Iran and India have hit $ 2.5 billion in 2022, an Indian source reported.
India's imports of Iranian oil products surged fourfold in 2022, the Ministry of Commerce and Industry of India reported.
Iran-India trade exchanges have seen a 48 percent hike compared to the corresponding period the ...
The Iranian Foreign Minister invited the Indian businessmen to have investments in Iran.
Leading a high-ranking delegation, Iran's Foreign Minister Hossein AmirAbdollahain arrived in New Delhi on Wednesday morning and had meetings with the Indian Foreign Minister, Prime Minister, and National Security Advisor.
AmirAbdollahian then left New Delhi ...
India and Iran have certain needs, which can be met through the increase of trade exchanges, an Iranian official said.
Sistan and Baluchestan Governor General Hossein Modarres Khiabani said in a meeting with Consul General of India in Sistan and Baluchestan Prakesh Chandra Joshi on Monday that India is among developing and progressive countries ...
The Print - Tehran and New Delhi explore barter trading options even as Iran has stepped up importing basmati rice from Pakistan.
India could lose its position as the leading exporter of basmati rice to Iran, with Tehran now beginning to procure the produce from Pakistan, ThePrint has learnt.
For the first time in decades, basmati rice exports ...
MNA Indias UCO Bank is exploring the avenues to keep the rupee payment mechanism with Iran alive, amid the challenges made by the US' unilateral sanctions.
According to A K Goel, MD and CEO of UCO Bank, with India no longer importing oil from Iran, the lender is in talks with importers to use the mechanism for other imports, Business Standards ...
Bloomberg - Iran overtook Russia to emerge as the top buyer of Indian tea last year, after sanctions against the Islamic Republic halted imports other than specially negotiated deals.
India and Iran have been trading through a rupee-based bank account to bypass restrictions imposed by the U.S. While this bilateral trade has boosted imports of the ...
RT | Shishir Upadhyaya: Indias entry to the Eurasian Economic Union (EAEU), spurred by Russia, could help expand South Asia-Eurasia trade, but theres a potential glitch. The US would need to allow a waiver for New Delhi to transship goods through Iran.
With talks ongoing about a possible India-EAEU free trade agreement (FTA), Moscow has also been ...
IRNA The minister of external affairs of India said in a speech in the United States that his country will continue its vast economic relations with Iran.
"I don't agree with you that Iranians are disappointed. I think Iranians are realists. There is a larger global situation in which they are operating, we are operating," said Subrahmanyam Jaishankar ...
Tasnim There is uncertainty among Indian tea exporters as New Delhi has stopped importing crude oil from Iran, a report said.
The exporters are worried over payments against their orthodox tea exports and are eager to know the amount of money (rupees) lying with the Indian government against the import of oil from Iran, the Economic Times reported ...
The Economic Times - Amid uncertainty over India's oil import possibilities from Iran after May 2 when the waivers to US sanctions on Iran are withdrawn, state run IDBI BankNSE -2.17 % has stepped-up efforts in this direction by creating Iran trade processing cells in 3 Indian cities.
IDBI received the nod to handle import-export transactions with ...
The Economic Times - The IDBI Bank has received government nod to handle import and export transactions with Iran, a move which would help in promoting two-way trade amid US sanctions on the Persian Gulf nation, industry sources said.
US President Donald Trump had in May last year withdrawn from the 2015 nuclear accord with Iran, re-imposing economic ...
Al-Monitor | Hamed A. Kermani: Earlier this month, Iranian and Indian officials finally reached an agreement on how India will pay for its oil imports from Iran. The agreement was finalized during Iranian Foreign Minister Mohammad Javad Zarif's visit to New Delhi on Jan. 7-10, in which he headed a high-ranking economic and political delegation. The ...
IRNA Iran as one of the key energy players of the world, can provide momentum to India's economy, which is one of the world's top economies, said the head of Iran's Chamber of Commerce, Industry, Mines and Agriculture on Tuesday.
Gholam Hossein Shafei addressing the India-Iran Business Forum said, 'This valuable meeting should be considered as ...
Bourse and Bazaar | AFP: Iran will boost trade with India as the European Union struggles to find a way to circumvent a fresh US embargo on Tehran, Iranian Foreign Minister Javad Zarif said Tuesday.
Brussels is working on a payment mechanism to keep financial transactions flowing with Iran, after the US ditched the 2015 nuclear deal with Tehran ...
IRNA - Iran's Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) signed an agreement with its Indian counterpart body.
The document was signed by the deputy head of the Chamber of Commerce of the two countries during India-Iran Business Forum in New Delhi, India on Tuesday.
The Iran-India Business Forum was held in New Delhi with ...
MNA Iranian Foreign Minister Mohammad Javad Zarif said Thu. that he will head a large economic delegation to India and Iraq in the coming weeks aimed at expanding bilateral trade.
Foreign Minister Zarif said Thursday that he would head a large economic delegation to India next week, stressing the active participation of the countrys private sector ...
Press TV- Iran says a second ship with a major wheat cargo for Afghanistan has arrived in a southeastern port which is gradually emerging as a key transit point in a corridor that bypasses Pakistan.
The ship carrying a cargo 110,000 tonnes of wheat in 655 containers arrived in Chabahar Port from Indians western port of Kandla on Tuesday morning....
VOA - India has begun using a new traderouteto Afghanistan.
India sent its first shipment of wheat to Afghanistan by way of the Iranian port of Chabahar. The shipment will not pass through Pakistan, which lies directly between the two countries.
The Pakistani government refuses to let India transport goods to Afghanistan through Pakistani territory....
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