Iran has offered discounts on crude oil price and free shipping if India agrees to buy more of its oil.
In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.
India's exports to Iran have been falling over the last one year, amid decline in rupee reserves of the West Asian economy. Going ahead, the possibility of augmenting exports to Iran may not be easy for India, considering the geopolitical tensions - Russia-Ukraine and Israel-Hamas conflicts - and the West Asian country's support for Russia and Hamas, people aware of the matter said. Exports to Iran saw a downward spiral since November last year.
Two Indian seafarers stranded without passports on a cargo ship in Iran's port city of Bushehr since 2019, have been released after the Indian embassy in Teheran issued travel documents, the Maritime Union of India (MUI) said on Friday. The claim made by the MUI could not be independently verified.
The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).
'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'
Participating in the continental tournament as guest invitee, the Indians only shot in the MQS section, and hence, their scores were not considered for medals.
The department of commerce has urged the agriculture ministry as well as the diplomatic mission in Tehran to apprise it of details as to why Iranian buyers have stopped import of rice and tea from India, a senior government official said. Exporters said that exports of items such as high quality tea and rice have stopped since last week. As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time, they said.
India's involvement in the port development was not strictly under the international sanctions that had been imposed on Iran.
'At present there might be at least 500 Indians stuck in Iran for various reasons and we have no idea when they will come back.'
While Payas lost his semifinal match to China's Peng Xiang, Suhana too went down fighting against top-seeded Egyptian Hana Goda.
These four, including two Afghanistan nationals, were among the nine accused who were remanded in custody till March 29 by Special Judge Shubhada Baxi.
JNPT, the country's largest container port at Navi Mumbai, and Kandla in Gujarat's Kutch, the largest port by total cargo, will come together to form a Special Purpose Vehicle to operate the terminal at Chabahar, under a revenue-share agreement with the Port and Maritime Organisation, Iran.
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.
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
Iran has offered to help India meet its energy needs by relaunching rupee-rial trade for export of oil and gas, said Iranian ambassador to India Ali Chegeni. Chegeni said if both the countries resume rupee-rial trade, bilateral trade can touch $30 billion. Iran used to be India's second largest oil supplier but New Delhi had to halt imports after the former US president Donald Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on its oil exports.
Ten sailors released from an Iranian jail reached their native places in Gujarat and have been reunited with their family members.
'I stand here as a helpless father.' A retired soldier awaits the release of his son languishing in a Kenyan prison.
Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, Iran's official news agency IRNA said.
After conceding a point, the Indian grappler was quick to pull back two points by overpowering his opponent and throwing him out of the mat.
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.
'Today, I am taking new actions to restrict Iran's nuclear, ballistic missile, and conventional weapons pursuits. My Administration will never allow Iran to have a nuclear weapon, nor will we allow Iran to endanger the rest of the world with a fresh supply of ballistic missiles and conventional arms,' Trump said in a statement.
Iran's growing proximity to China may have also played a part.
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.
Following the shameful dope scandals that came to the fore this week, Indian athletics finally has something to cheer about after discus thrower Vikas Gowda won a silver medal despite a below-par on the opening day of the 19th Asian Championships in Kobe, Japan on Thursday.
Trump said the sanction will deny the Iranian Supreme leader access to financial instruments.
The Saudi and Iraq offer to replace Iranian crude supplies comes with a catch: Higher prices for the same quality of crude. The new government will face a tough decision over fuel price hike, says Aveek Sen.
Ending a six-month ordeal, the crew of nine Indian and 12 Iranian sailors of cargo ship MV Sinin was freed on Saturday by Somali pirates. "Nine Indian sailors along with 12 Iranians of M V Sinin have been released by the pirates today. All of them are safe," said Director General of Shipping S B Agnihotri. The Somali pirates had on February 12 seized the Malta-flagged, 52,000 tonne bulk carrier 315 nautical miles off Masirah (Oman) while it was on its way to Singapore.
"10 minutes before the strike I stopped it, not proportionate to shooting down an unmanned drone".
A summary of sports events and persons who made news on Thursday
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.
A Chinese vessel was hijacked by pirates in the Gulf of Oman on Friday. The cargo ship belonging to a Nanjing company was hijacked at about 9:30 am local time (1030 IST) in the Sea of Oman near the Iranian port Chabahar, state-run Xinhua news agency reported.
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.
Reigning national Champion Sourav Kothari pulled off a big upset by shocking 10-time world champion Pankaj Advani in the quarterfinals of the IBSF World Billiards Championship in Long-Up format in Bengaluru on Wednesday.
US, EU have shut down the use of their financial systems for Iranian crude trade.
Secretary of State Mike Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.
He said the US will apply other punitive measures if Tehran does not give up its reported goal of developing nuclear weapons.
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013.
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