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  • DGCA asks airlines to be vigilant in airspace over Iran, Iraq, Gulf of Oman, waters of Persian Gulf Jan 08, 2020 10:57 AM IST

    DGCA asks airlines to be vigilant in airspace over Iran, Iraq, Gulf of Oman, waters of Persian Gulf

    "We had held meetings with the concerned Airlines and have sensitised them to remain vigilant and take all precautions," said a senior official of the Directorate General of Civil Aviation (DGCA) on Wednesday morning.

  • Indian warships to stay longer in Persian Gulf, but won't join US coalition Jul 18, 2019 08:15 PM IST

    Indian warships to stay longer in Persian Gulf, but won't join US coalition

    Since June following attacks on tankers that the United States blamed on Iran and Iran-aligned fighters, a charged Tehran denies, the Indian navy ships have been escorting Indian-flagged vessels in and out of the Persian Gulf and the Gulf of Oman.

  • India looks forward to strengthen cooperation with Iran: Prez Feb 10, 2017 03:20 PM IST

    India looks forward to strengthen cooperation with Iran: Prez

    "India-Iran relations are rooted in history and are based on our close cultural and civilisational linkages that span millennia," the President said.

  • Chabahar port agreement 'historic': Dharmendra Pradhan May 24, 2016 07:28 AM IST

    Chabahar port agreement 'historic': Dharmendra Pradhan

    India and Iran inked a dozen agreements ranging from a contract to develop the strategic Chabahar port to an initial pact to set up an aluminium plant and one on laying a railway line to give India access to Afghanistan and Central Asia.

  • India, Iran to combat terror; ink Chabahar port pact May 23, 2016 03:16 PM IST

    India, Iran to combat terror; ink Chabahar port pact

    Besides developing the Chabahar port, the two sides also singed agreements in diverse fields like trade credit, culture, science and technology and railways.

  • India ready to clear $6.5 billion of Iran's oil dues May 02, 2016 08:52 AM IST

    India ready to clear $6.5 billion of Iran's oil dues

    Government sources said there has been a series of discussions at various levels both in Tehran and here and both sides were confident of resolving the issue soon.

  • India to boost investment in Iranian oil and gas sectors Apr 17, 2016 05:54 PM IST

    India to boost investment in Iranian oil and gas sectors

    India and oil-rich Iran today decided to significantly expand engagement in their overall ties, particularly in boosting Indian investment in joint ventures in oil and gas sectors in the Persian Gulf nation where foreign investors from major economic powers are rushing in to get early footholds after lifting of nuclear sanctions.

  • India links $20 bn investment in Tehran to favourable terms Apr 11, 2016 07:46 AM IST

    India links $20 bn investment in Tehran to favourable terms

    Oil Minister Dharmendra Pradhan, on a two-day visit to Tehran from April 9, also discussed with his Iranian counterpart the repayment of nearly USD 6.5 billion that Indian refiners owe to Iran, but there is no agreement yet on rights to develop Farzad-B gas field in the Persian Gulf discovered by OVL.

  • Gulf states under attack for response to Syrian refugees Sep 06, 2015 03:22 PM IST

    Gulf states under attack for response to Syrian refugees

    As the migration crisis overwhelms Europe and after images of a drowned Syrian toddler crystallized Syrian desperation, humanitarian groups are increasingly accusing the Arab world's richest nations of not doing enough to help out.

  • India keen to buy LNG from Iran: Dharmendra Pradhan Aug 12, 2015 05:44 PM IST

    India keen to buy LNG from Iran: Dharmendra Pradhan

    Indian state firms had on June 13, 2005 signed a Sale and Purchase Agreement (SPA) with Natioanl Iranian Gas Export Company (NIGEC) for buying 5 million tons a year of LNG on a long-term contract at very attractive price of USD 3.215 per million British thermal unit. But Tehran never honoured that deal.

  • Adani to develop Rs 4,089cr Vizhinjam Port proj in Kerala Jul 16, 2015 07:56 AM IST

    Adani to develop Rs 4,089cr Vizhinjam Port proj in Kerala

    The Ahmedabad-headquartered group, which already operates the country's busiest port at Mundra in Gujarat, has received "Letter of Award" for developing the port, Adani Group said in a statement.

  • India to seek rights for developing Iranian gas field Jul 14, 2015 06:45 PM IST

    India to seek rights for developing Iranian gas field

    Buoyed by Iran's historic nuclear accord with world powers to end sanctions, India will ask Tehran for rights to develop ONGC-discovered Farzad-B gas field in the Persian Gulf even as it prepares to pay USD 6.5 billion in past oil dues.

  • Russia's Rosneft in talks to buy stake in Essar Oil Jun 15, 2015 06:41 PM IST

    Russia's Rosneft in talks to buy stake in Essar Oil

    There are negotiations on signing a firm term sheet for beginning of supplies, another source said. At the time of signing crude deal, Russian bank VTB had inked a deal to open a USD 1 billion credit line to Essar.

  • India's scope for progress is 'enormous' on infra spending Apr 27, 2015 09:11 AM IST

    India's scope for progress is 'enormous' on infra spending

    The goal of establishing India as the global manufacturing hub may be impossible to achieve without a fast and significant progress in building and upgrading transportation, energy, public health and sanitation facilities, say reports.

  • India to benefit from breakthrough in Iranian Nuke standoff Apr 04, 2015 01:06 PM IST

    India to benefit from breakthrough in Iranian Nuke standoff

    The US and its allies had blocked all financial channels in order to choke Iran to pressurise the countries like India to cut their oil purchase from the Persian Gulf nation.

  • Iran criticizes Google for nomenclature of the Persian Gulf May 07, 2012 10:19 AM IST

    Iran criticizes Google for nomenclature of the Persian Gulf

    Iran has lashed out at Google for leaving a body of water separating the country from the Arabian peninsula ...

  • ING sees more room for EM equities to claw back Feb 28, 2012 04:05 PM IST

    ING sees more room for EM equities to claw back

    EM equities have the most room to grow considering they fell the most in 2011. We have to prepare for the oil price shock and India is the first one to get affected in oil prices especially considering the tensions in the Persian Gulf.

  • Oil to continue rise above $100/bbl on Iran fears: Survey Jan 10, 2012 09:30 AM IST

    Oil to continue rise above $100/bbl on Iran fears: Survey

    Benchmark crude oil prices will likely continue moving above USD 100 a barrel as an embargo on Iranian oil exports widens and fears mount that oil shipments may be disrupted from the Persian Gulf as a `war of words` escalates between Tehran and the US, CNBC`s weekly survey showed.

  • US warns Iran against closing key oil route in Persian Gulf Dec 29, 2011 11:00 AM IST

    US warns Iran against closing key oil route in Persian Gulf

    The US today warned Iran against disrupting oil shipments at the mouth of the vital Persian Gulf waterway, after Tehran threatened to shut the Strait of Hormuz if the West imposed sanctions on its crude exports.

  • India making regular payment for Iran crude: Pranab Aug 12, 2011 03:21 PM IST

    India making regular payment for Iran crude: Pranab

    Asserting that Iran never threatened to stop crude oil supply to India, the Government today said the problem of settling the import bill with the Persian Gulf nation has been sorted out.

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