During the Special Session of the D-8 Commission Meeting held under the chairmanship of Turkey, UNCTAD presented the key elements of the joint D-8 Organization for Economic Cooperation - UNCTAD Guiding Principles for Investment Policy making. Important agenda items regarding the forthcoming D-8 Summit Meeting were discussed. In January 2020, …
New Delhi India’s largest Iranian oil buyer plans almost to halve daily imports, industry sources said on Monday, becoming the latest Asian refiner to cut supplies from Iran as Western sanctions make trade with Opec’s second-largest producer difficult. India, China and Japan buy almost half of Iran’s estimated 2.6 million …
India and Iran have agreed to enhance co-operation in the field of renewable energy. In a meeting with the Iran President, Mr Mehmoud Ahmadinejad, in Tehran on Monday, the Union Minister of New and Renewable Energy, Dr Farooq Abdullah, called for stepping up bilateral ties and economic cooperation with Iran, …
The director general of the International Atomic Energy Agency (IAEA) said on Monday his organisation could not be sure that Iran's nuclear programme did not have military aims. "The agency is unable to provide credible assurance about the absence of undeclared nuclear material and activities in Iran and therefore to …
Rejecting US pressure, Pakistan said Thursday it would pursue Iran-Pakistan gas pipeline project "as it is vital to overcome country's energy crisis." Briefing reporters here, Foreign Minister Hina Rabbani Khar said that Pakistan pursuing important projects with Iran such as gas pipeline, electricity transmission, upgradation of connectivity and also building …
Pakistan has started importing 70MW electricity from Iran which is being supplied to Makran Division of Balochistan province. A spokesman of the Ministry of Water and Power said on Wednesday that after enhancing the transmission lines capacity, Iran has increased its power supply upto 70MW to Pakistan from February 26. …
NEW DELHI: Oil minister S Jaipal Reddy on Monday joined issue with Barack Obama to debunk the US president's argument that demand from India and China was pushing up world oil prices, even as he denied any pressure to stop buying crude from Iran. "India is currently world's fourth largest …
MUMBAI: Oil, which touched $124 a barrel mark on Friday, appears set to touch a new record and breach the $150 mark on mounting Iran crisis. Analysts feel that the government is holding back from hiking fuel prices because of the ongoing elections and a steep hike is likely next …
After the US, Its now the turn of Israel to counsel India to reduce its dependence on oil from Iran in view of the controversial nuclear programme of the Islamic republic. ''If Iran becomes nuclear, Saudi Arabia will also acquire nuclear technology from Pakistan,'' visiting Israeli Energy and Water Resources …
New Delhi To serve the expected addition in refining capacity and to partly replace any shortfall in crude oil supplies from Iran, India has sought an additional 5 million tonne of crude oil from Saudi Arabia. India has also sought investments from Saudi firms in its new petrochemical and refinery …
Beijing/New Delhi China, India and Japan are planning cuts of at least 10% in Iranian crude imports as tightening US sanctions make it difficult for the top Asian buyers to keep doing business with the Opec producer. The countries together buy about 45% of Iran’s crude exports. The reductions are …
Iran’s nuclear work will defiantly go on, supreme leader Ayatollah Ali Khamenei said today, after UN inspectors left Tehran following talks that failed to lift their suspicions of atomic weapons research. “The Iranian nation has never been seeking an atomic weapon and never will be. It will prove to the …
Iran has halted oil shipments to Britain and France, the Oil Ministry said Sunday, in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran’s crucial fuel exports. The EU imposed tough sanctions against Iran last month, which included a freeze of the country’s central …
Iran ordered a halt to its oil sales to Britain and France on Sunday in a move seen as retaliation against tightening EU sanctions, as a team of U.N. inspectors flew to Tehran to press the Islamic Republic over its disputed nuclear programme. The European Union enraged Tehran last month …
The proposed multi-billion gas pipeline between Iran and Pakistan is a bad idea, a top US official has said, a day after Islamabad vowed to progress on the project whose final destination is expected to be India, but New Delhi so far has remain out of it. “We’ve seen this …
The United Nations chief urged Iran on Friday to implement Security Council resolutions under which Tehran should curb sensitive nuclear activity, but the Islamic state once again signalled it has no intention of doing so. Secretary General Ban Ki-moon also said Iran must cooperate fully with the UN atomic watchdog, …
A major crisis looms large over the world as Iran flexed its nuclear muscles on Wednesday and the US and the EU nations geared up for tougher sanctions and military solution to tame a defiant Mahmoud Ahmadinejad. The development poses a major challenge to India, which relies on substantial import …
Iran is seeking to close grain purchases using gold and oil as payment, and has paid yen for a large volume of wheat as it steps up efforts to beat sanctions that had started to choke imports of food staples, European wheat exporters said. Iran bought at least 2,00,000 tonnes …
UN chief Ban Ki-moon has appealed to eight countries, including India, to ratify the CTBT to bring the global nuclear test ban into force. The UN Secretary-General made the appeal after Indonesia became the 157th country to adopt the Comprehensive Test Ban Treaty (CTBT). Besides India, China, North Korea, Egypt, …
TEHRAN: Iran has given a one-month ultimatum to an Indian consortium over the development of a gas field whose delay by India has been attributed to western pressure, the semi-official Fars news agency reported on Sunday. Tension between Iran and the West rose last month when Washington and the European …
Iran on Friday launched an observation satellite into orbit above Earth, its third since 2009, the official IRNA news agency reported. “The Navid satellite was launched successfully.... It will be placed into an orbit (at an altitude) between 250 and 370 kilometres,” IRNA quoted the head of Iran’s Space Organisation, …
