Trump congratulated Modi on his election victory and said that the two countries would work together in many areas including military.
'Tehran senses that the Modi government is inexorably gravitating toward the US-Israeli-Saudi axis, jettisoning India's traditional independent Gulf policies,' notes Ambassador M K Bhadrakumar.
General Soleimani headed the Islamic Revolutionary Guard Corps's Quds Force and also served as Iran's pointman on Iraq.
The immediate concern for the rupee is the sharp spike in oil prices
Pak seeks US help to ease tensions with India.
Iran on Thursday ordered a release of an Indian tanker seized by it in Persian Gulf while carrying crude from Basrah in Iraq and taken to its Bandar Abbas Port 24 days ago.
The United States has lifted most of its sanctions against Iran after a UN watchdog reported that Tehran had complied with a nuclear weapons deal.
Russia has already begun delivery of the first S-400 systems, and the question of sanctions, or of a waiver to sanctions, preoccupies New Delhi.
The US has told India and other countries to cut oil imports from Iran to 'zero' by November 4 or face sanctions.
The possibility of a deal between Iran and the world on its nuclear programme has some perils but much promise for India, says Uday Abhyankar
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.
Hassan Rouhani to offer Friday prayers in Hyderabad's Mecca Masjid.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
The United States on Monday assured India that its concerns over Taliban insurgents gaining legitimacy without severing their terror links will neither be "overlooked or undermined" during the talks with the Islamic fundamentalist group.
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
Imports increased by 4.5 per cent, the highest growth in the last six months as crude oil and gold shipments shot up in the month.
Sectors, which, recorded healthy export growth included electronics, engineering, chemicals, pharma and tea.
'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
The reserves in Farzad-B are almost thrice the largest gas field in India.
India owes Iran around $8.8 billion primarily on account of crude oil imports.
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
Trump described the agreement as the "worst" and "one-sided transactions" that America has ever entered into.
The reversal of Trump's policy with regard to Iran, like the withdrawal from the Paris Agreement, may not be a matter of just turning the clock back, but one of patient negotiations, with uncertain consequences in the post-COVID-19 world, observes Ambassador T P Sreenivasan.
The auction will also feature works of M F Husain, as well as early works by masters Tyeb Mehta and Francis Newton Souza.
As settlement in dollars has become difficult due to sanctions imposed against Iran, India and Iran will explore other currencies like the euro, yen and dirham to resolve the stalemate over payment for oil imports at their meeting later this week in Tehran.
'The stage is set for increasing tensions in a highly volatile region as crucial as ever from a geopolitical standpoint,' predicts Claude Smadja.
'None of these three countries -- Turkey, Iran or Malaysia -- ever made a hostile move against India to support the Pakistan-based terrorist elements,' notes Ambassador M K Bhadrakumar.
A sharp decline in crude and strengthening of the rupee added to the buoyancy.
India's $22 billion deal to import liquefied natural gas from Iran hangs in balance with Tehran on Tuesday asserting that the agreement was not binding as it has not been ratified by its Supreme Economic Council.
In a major diplomatic breakthrough, the foreign ministers of United States and Iran will hold talks on Tehran's controversial nuclear drive at a landmark meeting on Thursday -- the first between the two states in more than 30 years.
Iran was involved in bomb plots targeting Israeli diplomats in India, Thailand and Georgia in February, according to a media report. In India, local agencies believed that a bomb attack which badly injured the wife of the Israeli military attache in New Delhi in February was the work of an Iranian 'security entity'.
ONGC and the Hinduja group are lining up investment of close to $20 billion in exploration assets in Iran and a refinery and LNG terminal in India.
India and China have already rejected the US' sanctions move.
Union oil and petroleum minister Ram Naik will travel to Tehran to discuss the prospect of importing liquefied natural gas and to boost bilateral cooperation in the energy sector.
ONGC Videsh, Indian Oil Corporation and Oil India have together proposed to invest $3 billion in developing the Farsi gas field in Iran.
Talks on the Iran-Pakistan-India gas pipeline project are in the final stage where the technical aspects are being looked into, according to Iranian Deputy Oil Minister Reza Kasai'i Zadeh.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances