India could lose basmati rice market in Iran to Pakistan as US sanctions disrupt payments
The Print – Tehran and New Delhi explore barter trading options even as Iran has stepped up importing basmati rice from Pakistan. …
Tag Archives: Iran – India trade
Indian bank eyes non-oil imports from Iran to sustain rupee-rial trade
MNA – India’s UCO Bank is exploring the avenues to keep the rupee payment mechanism with Iran alive, amid the challenges made…
Sanctions push Iran past Russia as biggest buyer of Indian tea
Bloomberg – Iran overtook Russia to emerge as the top buyer of Indian tea last year, after sanctions against the Islamic Republic…
India’s trade could be boosted by joining the Eurasian Economic Union — but US sanctions on Iran may hamper progress
RT | Shishir Upadhyaya: India’s entry to the Eurasian Economic Union (EAEU), spurred by Russia, could help expand South Asia-Eurasia trade, but…
Indian FM says Delhi to stick to economic ties with Tehran
IRNA – The minister of external affairs of India said in a speech in the United States that his country will continue…
Indian tea exporters worried as India stops crude imports from Iran
Tasnim – There is uncertainty among Indian tea exporters as New Delhi has stopped importing crude oil from Iran, a report said.…
IDBI Bank opens processing in 3 cities for Iran trade
The Economic Times – Amid uncertainty over India’s oil import possibilities from Iran after May 2 when the waivers to US sanctions…
IDBI Bank receives nod to handle import, exports transactions with Iran: Sources
The Economic Times – The IDBI Bank has received government nod to handle import and export transactions with Iran, a move which…
How Iran can use rupees to build strategic trade with India
Al-Monitor | Hamed A. Kermani: Earlier this month, Iranian and Indian officials finally reached an agreement on how India will pay for…
Iran, India move closer on trade as EU stalls
Bourse and Bazaar | AFP: Iran will boost trade with India as the European Union struggles to find a way to circumvent…
Iran energy can give momentum to India’s economy: Trade official
IRNA – Iran as one of the key energy players of the world, can provide momentum to India’s economy, which is one…
Iran, India commerce chambers sign MoU
IRNA – Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) signed an agreement with its Indian counterpart body. The document was…
Zarif says to visit India, Iraq next week
MNA – Iranian Foreign Minister Mohammad Javad Zarif said Thu. that he will head a large economic delegation to India and Iraq…
2nd Indian ship with wheat for Afghans docks in Iran
Press TV- Iran says a second ship with a major wheat cargo for Afghanistan has arrived in a southeastern port which is…
India sending Wheat through Iran to Afghanistan
VOA – India has begun using a new trade route to Afghanistan. India sent its first shipment of wheat to Afghanistan by way of…
Non-oil trade between Iran, India on rebound
Financial Tribune- India is one of Iran’s main trading partners. According to Iran-India Business Council, bilateral trade between the two countries is…
India offers $11bn to develop Iran’s Farzad B gas field
Press TV- A leading Indian energy company has announced that it has presented an offer to Iran to develop its Farzad B…
India, Iran set to sign MoU on vocational training
Hindu Business Line– India and Iran are finalising a memorandum of understanding on cooperation in the fields of vocational training, cooperatives, insurance…
Zarif underlines removal of obstacles in way of Iran-India banking cooperation
IRNA – Foreign Minister Mohammad Javad Zarif stressed the need for removing obstacles in the way of Iran-India banking cooperation in a…
Iran, India mull Farzad B gas field development
IRNA — Iran and India have mulled ways of development of Farzad B gas field and payment of remaining debt of Indian…
Iran wants India to pay 3X gas price for awarding block to OVL
Outlook India– Iran wants India to buy all of the natural gas to be produced from the Persian Gulf block at a…
India to import LPG from Iran to meet rising demand
DNA India- India has for the first time ever signed a contract to import LPG from Iran as it looks at additional…
India says gas field decision on Iran
Financial Tribune- India’s oil minister says a final deal with Iran to develop the Farzad-B gas field in the Persian Gulf is…
Iran, India trade hits $15 bln
TEHRAN (ISNA)- Head of Tehran Chamber of Commerce Masoud Khansari said Iran-India trade volume totals $15 billion, reiterating that the two sides…
India haggles over $3 billion Iran gas plan
India is in fresh talks with Iran after getting the green-light for $3 billion development of the Farzad B gas field in…
Iran, India mulling $4.5bn undersea gas pipeline
Tehran and New Delhi are in talks to build an undersea gas pipeline as part of efforts to export natural gas to…
India seeks preferential trade deal with Iran
India says it is interested in signing a preferential trade agreement with Iran when sanctions are lifted against Tehran, a press report…
India lines up $1.4 billion to pay Iran debt
The Indian government has asked the country’s refiners to prepare $1.4 billion for payment to Iran in an outstanding oil debt, media…
India says Iran gave it giant gas field
An Indian company claims it has been given assurances by Iranian energy officials to be allowed back to a large gas field in…
India says will continue cooperation with Iran despite US-led sanctions
Indian Ambassador to Iran D. P. Srivastava says New Delhi is determined to continue cooperation with the Islamic Republic despite the illegal…
Tea sector, with govt help, brews diversion of US-led ban on Iran
The tea sector has found a way to again increase exports to Iran, which had fallen sharply after the US embargo on…