News for 'Persian Gulf'

AFC Champions League Two: Tough draw for Mohun Bagan SG

AFC Champions League Two: Tough draw for Mohun Bagan SG

Rediff.com16 Aug 2024

The Champions League Two features 32 clubs divided into eight groups - four West, four East - of four teams each for the group stage, which will be played in a home-and-away round-robin format from September 17 to December 5.

India conveys concern to US over warship in EEZ

India conveys concern to US over warship in EEZ

Rediff.com9 Apr 2021

India's reaction came after the US Navy, in an unusual move, announced that one of its ships conducted patrols in the Indian EEZ this week, without seeking consent from India.

India loses ONGC Videsh-discovered Farzad-B gas field in Iran

India loses ONGC Videsh-discovered Farzad-B gas field in Iran

Rediff.com17 May 2021

India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. "The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf," the Iranian oil ministry's official news service Shana reported. "The deal was signed on Monday, May 17, in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh in Tehran." The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.

Tension escalates as Iran seizes Israel-linked ship near Strait of Hormuz

Tension escalates as Iran seizes Israel-linked ship near Strait of Hormuz

Rediff.com13 Apr 2024

The MSC Aries was last seen on Friday, sailing towards the Strait of Hormuz off the coast of Dubai, according to The Times of Israel.

Chilled athletes embrace strategies to beat Paris heat

Chilled athletes embrace strategies to beat Paris heat

Rediff.com22 Jul 2024

While most of his rivals prepared for the 50 kilometre race walk at the 2019 Doha world championships by warming up in full track suits in the 32 degrees Celsius heat, Evan Dunfee did the polar opposite.

West Asia tensions stall India's plans to import crude oil from Iran

West Asia tensions stall India's plans to import crude oil from Iran

Rediff.com18 Apr 2024

The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.

Houthi Attacks Won't Affect India's Fuel Supplies

Houthi Attacks Won't Affect India's Fuel Supplies

Rediff.com13 Jan 2024

Most of India's oil supplies are expected to stay safe because of the country's good relations with both Russia and Iran. That would take care of over a third of India's supplies.

India urges Iran to release 40 sailors detained from 4 ships

India urges Iran to release 40 sailors detained from 4 ships

Rediff.com15 May 2024

Ports, Shipping and Waterways Minister Sarbananda Sonowal made the request during a meeting with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran on Monday.

Navy deploys 9 warships to bring oxygen from abroad

Navy deploys 9 warships to bring oxygen from abroad

Rediff.com5 May 2021

Intensifying its efforts, the Indian Navy has deployed nine warships to bring liquid oxygen and other medical supplies from several countries in Persian Gulf and south-east Asia as hospitals across India continued to reel under acute shortage of the life-saving gas following a massive surge in COVID-19 cases.

The youngest and first Indian to swim across 10 seas

The youngest and first Indian to swim across 10 seas

Rediff.com22 Aug 2013

Sufyan Shaikh, the first Indian to complete swimming in ten seas takes us through the spectacular moments that defined his life and career.

US held secret talks with Haqqani network: Report

US held secret talks with Haqqani network: Report

Rediff.com13 Oct 2011

Even as their killer drones strike at ranking members of the Al Qaeda linked Haqqani network, United States officials secretly met leaders of the group this summer in a Persian Gulf country, in an effort to draw them into talks on winding down the war.

Will attacks on ships in Red Sea affect India?

Will attacks on ships in Red Sea affect India?

Rediff.com26 Dec 2023

'Given that the situation is quickly escalating, such attacks will affect the flow of crude in the short term from West Asia' Subhayan Chakraborty and Dhruvaksh Saha report.

ICICI Bank launches cross-border remittance

ICICI Bank launches cross-border remittance

Rediff.com18 Oct 2010

Private sector lender ICICI Bank on Monday launched I-Express, an instant cross-border money transfer option for Non-Resident Indians (NRIs).

India resists US pressure to cut energy ties with Iran

India resists US pressure to cut energy ties with Iran

Rediff.com8 May 2012

Resisting US pressure to further scale down oil imports from sanction-hit Iran, India on Monday made it clear that it has to look at the issue involved beyond the energy trade as it has "vital" security stakes in the Gulf region.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

Are ties between 'best friends' Pak-China souring?

Are ties between 'best friends' Pak-China souring?

Rediff.com27 May 2011

Pakistan and China are disagreeing over whether Prime Minister Yousuf Raza Gilani has given the Chinese a gift, an entire naval base at the mouth of the Persian Gulf.

ICICI's Dubai unit wins $300 mn for India

ICICI's Dubai unit wins $300 mn for India

Rediff.com27 Sep 2007

"There is an enormous amount of interest in investing in India," Mehra said at ICICI Bank's office in Dubai. "We could be doing at least another 10 deals over the next year".

Insurers back out; India may stop importing Iran oil

Insurers back out; India may stop importing Iran oil

Rediff.com8 Mar 2013

Western sanctions aimed at crippling Iranian finances by drying up buyers for its crude oil, had last year banned insurance cover to ships carrying Iranian oil.

We may NOT carry out unilateral attack on Iran: Israel

We may NOT carry out unilateral attack on Iran: Israel

Rediff.com7 Sep 2012

Emphasising its right to act independently to safeguard security interests, Israel has expressed hopes that it may not have to unilaterally carry out an attack against Iran to foil its nuclear ambitions due to an unprecedented concentration of United States forces in the Persian Gulf.

How the Indian Navy can DOMINATE the Indian Ocean

How the Indian Navy can DOMINATE the Indian Ocean

Rediff.com3 Sep 2012

India is busy building up its naval fleet, might add frigates, aircraft carriers, planes, submarines

Navy shooting: US to share probe details with India

Navy shooting: US to share probe details with India

Rediff.com18 Jul 2012

The United States has said it will share with India transparently the results of its probe into the naval ship shooting incident that killed an Indian fisherman in the United Arab Emirates waters, even as the survivors disputed the Pentagon's claim that they were forewarned.

'Warnings were issued before US navy fired'

'Warnings were issued before US navy fired'

Rediff.com18 Jul 2012

The Pentagon insisted that the United States naval ship had issued several warning to a fishing boat in the Persian Gulf before it fired shots killing an Indian fisherman and injuring three others.

Pre-emptive attack on Iran has 'enormous downsides': UK

Pre-emptive attack on Iran has 'enormous downsides': UK

Rediff.com19 Feb 2012

Amid heightened tensions in the Persian Gulf, Britain on Sunday said it would not be "wise" for Israel to launch pre-emptive military strikes on Iran's atomic installations as it would have "enormous downsides."

Won't provide airbases to US for attack on Iran: Pak

Won't provide airbases to US for attack on Iran: Pak

Rediff.com17 Feb 2012

As tensions mounted in the Persian Gulf, Pakistan on Thursday assured Iran that it will not provide any assistance to American forces in the event of a United States attack on Tehran.

Rajnath discusses regional security with Iranian counterpart

Rajnath discusses regional security with Iranian counterpart

Rediff.com6 Sep 2020

'Had a very fruitful meeting with Iranian defence minister Brigadier General Amir Hatami in Tehran. We discussed regional security issues including Afghanistan and the issues of bilateral cooperation,' Singh said in a tweet.

US Navy rescues Iranian fishing boat from pirates

US Navy rescues Iranian fishing boat from pirates

Rediff.com7 Jan 2012

Thirteen Iranians were rescued by a US Navy destroyer on Thursday, more than 40 days after their boat was commandeered by suspected Somali pirates in the northern Arabian Sea.

India seeks rights to operate Iran oil field

India seeks rights to operate Iran oil field

Rediff.com24 May 2016

Besides IOC, ONGC Videsh Ltd has also sought two discovered fields from the 16 fields that Iran is likely to put on auction shortly

US works out 'range of steps short of war' against Iran

US works out 'range of steps short of war' against Iran

Rediff.com3 Sep 2012

The Obama administration is moving ahead with a 'range of steps short of war' that it hopes will forestall an Israeli attack on Iran, while forcing Tehran to take more seriously negotiations that are all but stalemated, a media report on Monday said.

India cuts oil import from Iran by 26.5%

India cuts oil import from Iran by 26.5%

Rediff.com24 Apr 2013

India has slashed import of crude oil from Iran by over 26.5 per cent in the financial year ended March 31 as US and European sanctions made it difficult to ship oil from the Persian Gulf nation.

Iran payment row: Govt sure about finding solution

Iran payment row: Govt sure about finding solution

Rediff.com5 Jul 2011

More than six months after a Reserve Bank of India order threw out a mechanism to pay for Iranian oil, Oil Minister S Jaipal Reddy on Tuesday said India is trying to ensure uninterrupted supplies of crude from the Persian Gulf nation.

India may cut oil import from Iran by 27%

India may cut oil import from Iran by 27%

Rediff.com18 Mar 2013

US, EU have shut down the use of their financial systems for Iranian crude trade.

US military's plans AFTER troop withdrawal from Iraq

US military's plans AFTER troop withdrawal from Iraq

Rediff.com2 Nov 2011

The United States is set to bolster its military presence in the Persian Gulf by posting combat forces in Kuwait to respond to a collapse of security in Iraq or a military confrontation with Iran.

US expects India to enforce Iran sanctions

US expects India to enforce Iran sanctions

Rediff.com13 Jul 2010

The United States says its expects India to enforce United Nations sanctions against Iran but left it to that country to decide on steps to "convince" the Persian Gulf state to abandon its pursuit of nuclear weapons.

Iran oil: India hopes to win waiver from US

Iran oil: India hopes to win waiver from US

Rediff.com11 Jun 2012

After drastically cutting imports from Iran, India is hoping to win waiver from US financial sanctions on its oil trade with Iran so as to continue to getting supplies from the Persian Gulf nation.

Budget exempts Iranian oil payments from Income Tax

Budget exempts Iranian oil payments from Income Tax

Rediff.com16 Mar 2012

Clearing the way for oil refiners to pay Iran in Indian rupee, the Union Budget has exempted the payments made for crude oil purchased from the Persian Gulf nation, from any local tax.

'Oil supply not hurt by payments issue'

'Oil supply not hurt by payments issue'

Rediff.com17 Jan 2011

"We have been importing 3 million barrels of crude oil per month from Iran. There is no change in that status... there has been no disruption in supplies... We continue to import same volumes (this month)," Essar Oil Managing Director and CEO Naresh Nayyar said.