India's move on rupee settlements may help trade with Russia
India's central bank this week introduced a new mechanism for international trade settlements in rupees, aiming to promote exports and facilitate imports
India
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Why Iran wants to join BRICS
Recently, Iran applied to join BRICS, a group consisting of Brazil, Russia, India, China and South Africa
First Russian train with India-bound cargo arrives in Iran
The first Russian India-bound cargo train has reached the territory of Iran via the North-South transit railway, the IRNA news agency reported, citing Minister of Roads and Urban Development Rostam Ghasemi. According to the …
Kazakhstan grants nationals of India, Iran, China visa free stay for 14 days
Kazakhstan has granted the nationals of India, Iran, China a right to stay for 14 days in the country without having to get a visa, the country’s Interior Ministry said. "From July 8, 2022, Kazakhstan is unilaterally opening …
US experts: India isn’t likely to stop buying Russian oil
Despite criticism from the West, India is not backing down on its commitment to buying Russian oil. As Brent crude retreats back to near $100 a barrel, foreign policy experts say India’s drive to buy oil will only escalate as …
UN: more than billion people face hunger in Asia
More than 1.1 billion people lacked access to adequate food in Asia last year
Iran and India call for developing Chabahar port
Iranian Deputy Foreign Minister for Political Affairs Ali Bagheri Kani and India's State Minister for Foreign Affairs in a telephone talk on Tuesday discussed various issues of mutual interest, including the development of Chabahar port and …
BRICS countries adopts final declaration
The leaders of the BRICS countries have emphasized their commitment to cooperation in the agricultural sector to ensure global food security. "We reaffirm our commitment to the implementation of the 2030 …
US: China and India may be buying more Russia oil than known
China and India may be buying more Russian oil than the U.S. previously believed, easing a supply crunch in global markets and potentially driving a recent price decline, one of President Joe Biden’s economic advisers said. …
After Europe and US inflation reaches Asia
Much of the world has been struggling to contain inflation, which has been running hot for many months. The average global inflation rate is now an alarming 7.4%
Europe's plan to quit Russian fuel plunges Pakistan into darkness
Europe’s campaign to quit Russian fuel is designed to punish Moscow for its special operation in Ukraine
Iran calls for roadmap to expand ties with India
Iranian Foreign Minister Hossein Amir-Abdollahian has stressed the importance of creating a roadmap to expand strategic ties between Tehran and New Delhi, …
Iran proposes single currency for SCO region
Iran has approached the Shanghai Cooperation Organization (SCO) with a proposal to create a new single currency for carrying out trade among the members of the Eurasian bloc that includes China, India and Russia
India in talks to increase Russian oil imports
India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily-discounted supplies from Rosneft PJSC, Bloomberg reported. State processors are collectively working on finalizing and …
Mystery 'tomato flu' outbreak sparks panic in India
Health authorities in India are on high alert after a mysterious illness has broken out with symptoms similar to monkeypox, Express reported. The virus, known as "tomato flu" or "tomato fever", has left authorities …
India, biggest buyer of Russian arms, looks to diversify suppliers
India is looking to domestic firms and eastern European nations for military gear and ammunition
India bans wheat exports
The Indian leadership announced a ban on the wheat export from the country to ensure food security and to help neighboring and needy states, the Indian Ministry of Commerce and Industry's press service reports. The decision was made …
Turkey intends to buy Indian wheat
For the first time Turkey has placed orders for 50,000 tonnes of wheat imports from India joining Egypt
Rising dollar puts Asian Central Banks on defence
The dollar’s relentless advance to a two-year high is roiling Asian currencies and pushing policymakers into action to curb losses
India wants Russia to discount its oil - report
India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away, according to people with knowledge of the matter. India is seeking Russian cargoes at less …
