The inking of the commercial contract to build and run the strategic port will help India win access to Afghanistan, Russia and Europe
The government on Monday informed that the European Union ban on single hull oil tankers of over 23 years of age would not impact privatisation-bound Shipping Corporation of India.\n\n\n\n
Finance Minister Jaswant Singh said on Thursday that the country's economy had successfully weathered the impact of volatility in world oil prices because of the war in Iraq and that the worst was over.
India plans to further cut imports from Iran by 13 per cent next fiscal even though easing of US and western sanctions has made buying crude oil from the Persian Gulf nation easier.
A group of US soldiers, including a marine stationed in the Persian Gulf, their parents and six members of Congress have filed a suit to block any invasion of Iraq unless the US Congress issues an outright declaration of war.
Gold prices zoomed to set another record level on the bullion market on Monday on brisk buying and gained another Rs 50 to touch Rs 6,020 per ten gram, triggered by heightened concerns over possible US attack on Iraq.
Putin made these remarks on Tuesday while speaking at the Plenary session of the 8th Eastern Economic Forum in Vladivostok, a major port city in sanctions-hit Russia's Far East region
The trilateral alliance between India, Afghanistan and Iran on the strategic Chabahar port is a security threat to Pakistan, defence experts in Islamabad have said and asked the government to use diplomatic manoeuvres to avert falling into an "abyss of isolation".
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.
Shipping Corporation of India's oil tanker, MT Desh Shanti, which was detained in Iran for 26 days, arrived at Visakhapatnam port in the early hours on Wednesday, sources said.
To this end, India has recently committed USD 400 million in steel to construction of the railway connecting Chabahar and Zahedan, near Afghan border, the report said.
State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West over Moscow's invasion of Ukraine, sources said. To effect this, SBI has issued a circular as it fears that any transaction with entities or sectors under sanction will invite sanction on it as well, sources said. No transactions involving entities, banks, ports or vessels appearing on a US, European Union or United Nations sanctions list would be processed irrespective of the currency of the transaction, they said. Payments due to such entities have to be processed by other mechanism rather than through the banking channel, sources added.
TROPEX-23 this year witnessed the participation of approximately 70 Indian Navy ships, six submarines and over 75 aircraft.
Modi held several bilateral and trilateral meetings with world leaders.
This Web series is more about wine, opium, sex, more sex, gay love and incest, rues Syed Firdaus Ashraf.
Replacing Iran, which is India's third largest oil supplier behind Iraq and Saudi Arabia, will not be a problem but margins will be hit as Tehran offers the best commercial terms
"We will be guided by our national interest," he said.
The Chabahar port, located in the Sistan-Balochistan province on the energy-rich Persian Gulf nations southern coast, lies outside the Persian Gulf and can be easily accessed from India's western coast, bypassing Pakistan.
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.
Invoking India's "civilisational ties" with Iran, Prime Minister Narendra Modi flew in to Tehran on Sunday on a two-day visit, saying his talks with the Iranian leadership would provide him an opportunity to advance the "strategic partnership" between the two countries.
Contrary to reports, the defence ministry has not opened any other deal for investigation besides the AgustaWestland chopper contract, defence sources said on Friday.
As per plans, the Indian Air Force may use its planes to fly out Indian nationals stranded in Iraq to safer places nearby such as Kuwait or the United Arab Emirates from where commercial airliners would ferry them back to India.
In 2008, 519 women got their clearance from Protector of Emigrants office, Chennai, which monitors the below matriculation qualified workers from Tamil Nadu, Kerala, Karnataka and Puducherry.
The visit will provide thrust to expand bilateral cooperation
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
ccording to the MEA plan shared with the ministry of civil aviation that is set to begin from May 7, approximately 14,800 passengers will be evacuated from 13 different countries. F
Christian Pulisic has had a season to forget for Chelsea but in the blue shirt of his beloved United States he scored the goal that gave them their first win at the 2022 World Cup and a spot in the last-16.
India's macroeconomic situation has benefited from oil prices' decline.
The deployment seems to be more than what is needed.
Prime Minister Narendra Modi on Sudnay arrived in Tehran on a two-day visit.
The reserves in Farzad-B are almost thrice the largest gas field in India.
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