India

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India clears part of $6.4bn Iran debt

India clears part of $6.4bn Iran debt

India has made the first euro payments to Iran in four years to clear part of its $6.4-billion oil debt ahead of Prime Minister Narendra Modi's visit to Tehran on Sunday, reports say. The payment through Turkey’s Halkbank was …

Iran interested in Indian refinery sector

Iran interested in Indian refinery sector

Iran wants to participate in the Indian refining sector, the Indian Ministry of External Affairs spokesperson Vikas Swarup said following the talks between the Indian Foreign Minister Sushma Swaraj and Iranian …

Tehran and Delhi to sign Farzad-B agreement in October

Tehran and Delhi to sign Farzad-B agreement in October

New Delhi and Tehran will sign a contract to develop Iran's Farzad-B gas field in October 2016. This was announced in a joint document after a meeting between the Indian Minister of Oil and Gas, Dharmendra Pradhan, and his …

Iran to sell oil to India for euros

Iran to sell oil to India for euros

Tehran has stopped selling oil to New Delhi for rupees and switched to payment in euros, the Iranian Oil Minister Bijan Namdar Zanganeh said on the sidelines of the Iranian-Indian business conference. "Iran has …

More than 100 people die in fire in Indian temple

More than 100 people die in fire in Indian temple

A major fire occurred in one of the temples in the Indian state of Kerala last night, which led to numerous casualties. At the moment, there is information about 102 victims. The Indian Prime Minister, Narendra Modi, has …

Delhi invests 20 billion dollars in Chabahar Iranian port

Delhi invests 20 billion dollars in Chabahar Iranian port

India plans to invest 20 billion dollars in the development of the Iranian port of Chabahar, the Indian Minister of Oil and Gas, Dharmendra Pradhan, said after the meeting with his Iranian counterpart, Bijan …

TAPI shareholders sign investment agreement on gas pipeline

TAPI shareholders sign investment agreement on gas pipeline

An investment agreement on construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline was signed today in Ashgabat at the international consortium of shareholders of TAPI Pipeline Company Limited. According to …

 Russia and India resume talks on Kamov helicopters

Russia and India resume talks on Kamov helicopters

Russia and India have resumed talks on the production of 200 Kamov helicopters. "We have got the clearance to restart the talks. The Russian delegation has already arrived to begin negotiations," the Times of India …

Investors find replacement for BRIC

Investors find replacement for BRIC

The Financial Times has published an article with a statement that the concept of BRIC, based on faith in the future of Brazil, Russia, India and China, is dead, and investors drew attention to such emerging markets as the TICK group, which …

India to produce Russian Ka-226

India to produce Russian Ka-226

Moscow has agreed with Delhi to assemble the Russian Ka-226 helicopters in India. According to the agreement of Rostec, India is to assemble about 200 helicopters. In addition, Maintenance, operation and repair works and technical …

First TAPI stone laid in Turkmenistan

First TAPI stone laid in Turkmenistan

A ceremony of laying the first stone of the TAPI gas pipeline, attended by the leaders of the participating countries: Turkmenistan, Afghanistan, Pakistan and India, has taken place in the Turkmen city of …

Iran and India discuss construction of new gas pipeline

Iran and India discuss construction of new gas pipeline

India and Iran are discussing the possibility of building a gas pipeline through Pakistan's territory from the Iranian coast along the bottoms of the Gulf of Oman and the Indian Ocean to the state of Gujarat in the western part of India. …

India and Iran agree on oil extraction

India and Iran agree on oil extraction

The Managing Director of the Iranian Offshore Oil Company, Saeed Hafezi, said that the company and an Indian consortium have agreed to sign a $3 billion contract to develop Farzad B gas field in the Persian Gulf. He …