The port is likely to ramp up trade between India, Afghanistan and Iran in the wake of Pakistan denying transit access to New Delhi for trade with the two countries.
The government is buying out the shares of India Ports Global, which are now held in a 60-40 ratio by the JNPT and Deendayal Port Trust in Kandla.
Prime Minister Manmohan Singh and Iranian President Mahmoud Ahmadinejad discussed the regional developments over phone on Saturday.
India should do what we can to ensure that our two friends do not get into a confrontation that is meaningless and ultimately damaging to everyone including us.
Trilateral talks between India, Iran and Pakistan to discuss the project and framework agreement of their $7 billion transnational pipeline project would be held in Tehran next week.
A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).
Indian men rout Bangladesh, women outwit South Korea in kabaddi
India and Iran on Monday decided to jointly combat terror, radicalism and cyber crime as the two strategic partners signed 12 agreements including a "milestone" pact on developing the key Chabahar port for which India will provide $500 million.
The European Union, which will soon kick-off an energy dialogue with India, has said it is not opposed to a $4.16 billion pipeline project to pump gas from Iran to India through Pakistan.
The increase in India's military spending was "mainly a result of growing personnel and operations costs" which made up almost 80 percent of the total military budget in 2023, the SIPRI report claimed.
The medal tally at the 2024 Olympic Games in Paris.
'If the Iran nuke deal holds, Iran becomes a gateway to Afghanistan, and a better one than Pakistan because the route is not so mountainous. Correspondingly, I imagine Pakistan's value to the US will fall,' says Rajeev Srinivasan.
CIDCA is headed by Luo Zhaohui, the former vice foreign minister and ex-ambassador to India.
Captain Pawan Sehrawat helped India inflict the first All-Out with two touch points and gave his side a 10-4 lead.
"Iran is an important neighbouring country on the other side of Pakistan. Iran is a major source of energy. It is the only route to have access to Central Asia and Afghanistan. It is a very important Gulf nation. We cannot undermine our ties with it"
Men's team outclassed Thailand 63-26, the women's side prevailed 54-22 in two Group A matches
Despite temperatures dipping below 0 degrees soldiers paid their heartfelt respects to the Maratha warrior king of the 17th century, Chhatrapati Shivaji Maharaj.
The India-Pakistan-Iran talks in Tehran, which began on September 24, was not attended by India, who said it will not attend the tri-nation meetings unless transit fee issue is resolved with Islamabad.
India and Pakistan will seek third party certification of Iran's gas reserves before moving ahead on the $7.4-billion Iran-India-Pakistan pipeline, which is to meet the growing energy needs of both nations.
Leaders of the Shanghai Cooperation Organisation gathered for their 5th summit in Shanghai
Uzbek President Shavkat Mirziyoyev chaired the 22nd SCO summit in Samarkand which was attended by Prime Minister Narendra Modi.
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
India's involvement in the port development was not strictly under the international sanctions that had been imposed on Iran.
India and Pakistan will soon finalise the bilateral tariff and transit fee issues for the $7 billion Iran-Pakistan-India (IPI) gas pipeline project. Technical teams of both countries will meet in Islamabad during April 16-18 to firm up recommendations to be discussed by the petroleum ministers of Pakistan and India at their meeting in Islamabad on April 23.
Pakistan and Iran are close to finalising a gas purchase agreement for the $7.4 billion (About Rs 29,200 crore) IPI pipeline during technical talks in Islamabad, even as officials said India's decision not to take part in the talks did not mean it had pulled out of the trilateral project.
Stating that Pakistan can serve as a 'hub of economic activity' in the region by developing energy corridors, President Pervez Musharraf has offered to extend the proposed multi-billion-dollar Iran-Pakistan-India gas pipeline to China.\n\n
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
India on Friday expressed confidence that the work on the proposed $7-billion Iran-Pakistan-India gas pipeline project would start by March next year as it is hopeful of finalising a transit fee agreement with Islamabad before that. India is confident of starting the 2775 km long IPI project by end of March 2008, M S Srinivasan, secretary, ministry of petroleum and natural gas, told reporters in Coimbatore.
Notwithstanding US reservations over the Iran-Pakistan-India gas pipeline, the World Bank has described it as a win-win deal and expressed readiness to fund the $7 billion project.
Iranian President Mahmoud Ahmadinejad may have used a mix of charm and roguish coercion to let India know that he expected the Iran-Pakistan-India gas pipeline proposal to become a reality in 45 days. But India is in no hurry to take a decision, a top Cabinet minister in the United Progressive Alliance government said. The volatile political environment in Iran and Pakistan has as much weightage now and the UPA government is becoming more reluctant.
It's a historical tie, we will benefit from India team's visit: Pakistan tennis fraternity
But it is less adventurous. It seems, at last, that in its eighth decade, Pakistan has settled into being a parliamentary democracy just like Bangladesh has and like we have always been, observes Aakar Patel.
India and Pakistan today began final round of discussions to resolve differences on the 7.4-billion dollar Iran-Pakistan-India gas pipeline before the three nations sign a deal next month.
India went down to Iran by a solitary goal in their last group match of Asian Football Confederation qualifier in Tehran on Saturday night. Following the defeat, India finished fourth in Group B with four points.
Voicing "concern" over the proposed Iran-Pakistan-India gas pipeline, the United States has said that it was sharing its feelings with the two South Asian nations in a "constructive" manner and not in a "negative way".
Taking a dig at Pakistan without naming it, Prime Minister Narendra Modi on Friday said a country which was a supplier of aatank (terror) is struggling for aata (flour) these days.
This was Kuwait's second win of the tournament after they beat Nepal 3-1 in their first Group A match.
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