Besides IOC, ONGC Videsh Ltd has also sought two discovered fields from the 16 fields that Iran is likely to put on auction shortly
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
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
The British were in India for over 300 years but they never became Indians. The East India Company sent all its loot back to London and the British empire continued that tradition. On the contrary, the Mughals did not send a single rupee outside India. So by what right does one call them traitors, asks A Ganesh Nadar.
As Melania Trump arrives in Ahmedabad, Sheela Bhatt offers the First Lady Of The United States a primer on one of India's oldest, and historic, cities.
This burst of flavours is as much a delight to eat as for the chefs to dish out a perfect pot of biryani.
We dare you to take your eyes off them!
Pakistan is once again becoming a frontline State in big-power rivalry. But this time around, Pakistan stands to gain out of its geography, observes Ambassador M K Bhadrakumar.
Prakash Bhandari salutes the spirit of Abebe Bikila who twice won the Olympic Marathon in record times.
'India would not like to see Pakistani domination and tutelage of Afghanistan against Indian security and economic interests.'
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
The inking of the commercial contract to build and run the strategic port will help India win access to Afghanistan, Russia and Europe
In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.
'Movement of naval forces at sea is often more than just perfunctory deployment -- reading the messages that they send is important,' alerts Vice Admiral Premvir Das (retd).
Salads are a great option when you want to boost your immune system. Presenting three salad recipes you can cook while you are working from home.
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.
A ferry flight will soon reach the national capital from Tehran with around 300 swab samples of Indians suspected of having coronavirus infection.
Sufyan Shaikh, the first Indian to complete swimming in ten seas takes us through the spectacular moments that defined his life and career.
'It looked as if India had been a major player in science at that time, raising the question when and why things changed,' says distinguished aerospace scientist Professor Roddam Narasimha.
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".
Take a look at some of the animals that went where no human had ever gone before.
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.
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.
India has long been a leader in non-proliferation, stood side by side with all of us in the international community to say that Iran should not acquire a nuclear weapon," US Under Secretary of State for Political Affairs Wendy Sherman told reporters in New Delhi.
An Iranian news agency has digitally altered an image of US First Lady Michelle Obama announcing the Oscar in a bid to make her look more modest.
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.
'The potential of one such LAC engagement going out of control and leading to heavy casualties cannot be ruled out,' warns Lieutenant General Syed Ata Hasnain (retd).
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 designer's collection named Khakastari, which translates from Persian as 'colours of ash' included western as well as traditional-wear, including long gowns, dresses, tunics, saris and lehengas. Check out the video!
US, EU have shut down the use of their financial systems for Iranian crude trade.
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.
India is busy building up its naval fleet, might add frigates, aircraft carriers, planes, submarines
Count among The Light of Asia's many, many admirers over 132 years: Gandhi, Tagore, Vivekananda, Nehru and Ambedkar, Tolstoy and Kipling, Yeats and Eliot, Alfred Nobel, Dmitri Mendeleev and C V Raman. Jairam Ramesh reveals why he decided to write a book on Edwin Arnold, who wrote The Light of Asia.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
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.
Amjed Ullah Khan, who carried out investigations of his own and helped rescue 15 women from Hyderabad, tells Syed Firdaus Ashraf/Rediff.com how the women get trapped in an underground slave market that 'sells' them to employers who force them to work for less or no pay and often under inhuman conditions.
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.
After several years of travelling, Guru Nanak settled down at Kartarpur as a farmer. His followers were the first Sikhs of an order that was to prevail for many years to come. A fascinating excerpt from Sikh Heritage: A History of Valour and Devotion.