India’s biggest refiner Indian Oil Corp Ltd said Wednesday that Iran may still invest in a refinery expansion project at one of its subsidiaries. Indian Oil chairman Sanjiv Singh said Iran has…

Iran-India Relations
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Follow the latest news about Iran and India relations including stories about Farzad B gas field development, banking relations, trade volume, and Chabahar Port development.</p>
- Iran-India-Relations
Some 120,000 tons of wheat and pulses have been exported to Afghanistan, mainly from India, through Chabahar Port in southern Iran since October 2017 when the first such Indian consignment…
Iran-India-RelationsWith the opening of the Indian Ports Global Limited's office in Chabahar on Monday, Iran has officially leased the operational control of Shahid Beheshti Port to India. The Indian company…
Iran-India-RelationsThe special trade mechanism set up by India's UCO Bank for processing oil import payments from Iran became operational on Friday, an official at the Foreign Ministry in Tehran said.
Iran-India-RelationsIndia will deposit payments for crude oil imported from Iran into escrow accounts of five of its banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to…
Iran-India-RelationsOutgoing Indian ambassador to Tehran, Saurabh Kumar, met with president of the Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari to discuss ways of continuing Iran-…
Iran-India-RelationsIndia's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.…
Iran-India-RelationsThe prospects of Indian refiners cutting their intake of Iranian crude oil to zero are unrealistic, the chairman of Indian Oil Corporation told S&P Global Platts.
Iran-India-RelationsIndia, notwithstanding impending sanctions on Iran, intends to put in place a corridor linking Gujarat and West Bengal to Kazakhstan and Eastern Russia via Iran's Bandar Abbas Port.
Iran-India-RelationsIran and India will continue to lead the global ammonia market capacity growth, which is poised to increase from 241.9 million tons per year (tpy) in 2017 to 286.4 million tpy in 2026, says data…
Iran-India-RelationsIndia imported 528,000 bpd of Iranian oil in September, up by 1% from August, due to delays of some August cargos until Indian refiners received the government nod to import Iran’s oil on…
Iran-India-RelationsTwo Indian oil companies have placed orders to import Iranian crude next month, Oil Minister Dharmendra Pradhan said Monday, defying a call from President Donald Trump's administration for…
Iran-India-RelationsDenying reports about curbing oil output, Ali Kardor the CEO of the National Iranian Oil Company says Iran has no plans to cut production and NIOC is pumping as before.
Iran-India-RelationsIndia is committed to buying Iranian oil and continuing the bilateral economic cooperation, the foreign minister said Thursday after a meeting with his Indian counterpart and ahead of US…
Iran-India-RelationsIran traded 4.71 million tons of non-oil commodities worth $2.18 billion with India during the first five months of the current fiscal year (March 21-Aug. 22). This registers a 12.19% and 10.67…
Iran-India-RelationsIran will hand over the strategic Chabahar Port to an Indian company within a month for operation as per an interim pact, Iranian Minister of Roads and Urban Development Abbas Akhoundi said on…
Iran-India-RelationsIran traded 3.75 million tons of non-oil commodities worth $1.72 billion with India during the first four months of the current fiscal year (March 21-July 22), registering a 9.32% and 4.84%…
Iran-India-RelationsIndia’s first consignment of pulses to be sent to Afghanistan arrived at Iran’s southeastern port of Chabahar on Wednesday, the news outlet of the Ministry of Roads and Urban Development…
Iran-India-RelationsManaging Director of Ports and Maritime Organization of Iran Mohammad Rastad said India will officially begin the $85 million investment it has committed in Chabahar Port soon.
He…
Iran-India-RelationsJust weeks before US reimposes sanctions on Iran, the Indian government has approved a proposal from Iranian private lender Bank Pasargad to open a branch in Mumbai.
According to Indian…
Iran-India-RelationsEsfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director…
Iran-India-RelationsNotwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar Port project…
Iran-India-RelationsIndia will soon begin talks with Iran on a trade accord just as the US has turned hostile toward the Persian Gulf nation, threatening it with renewed sanctions after walking out of a nuclear…
Iran-India-RelationsIndia’s largest lender State Bank of India has alerted all its offices on the pitfalls of dealing with companies carrying out trade with Russia and Iran, which are battling US sanctions. …
Iran-India-RelationsTwo Indian banks have asked exporters to complete their financial transactions with Iran by August in response to the threat of new US sanctions, according to the country’s main exporters’…
Iran-India-Relations