Tehran: The repercussions of the sanctions imposed by the United States after withdrawing from the Iranian Nuclear Deal are being felt in Iran. Iran took the decision to ban imports of around 1300 items to relieve the pressure on the economy. However, the Iranian trade community and the general public took to the roads to […]
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Moscow: Russia and Iran have increased the scope of the ‘Oil for Goods’ cooperation to $45 billion, finishing the trade based on the US Dollar. This announcement was made by Russian Energy Minister ‘Alexander Novak’. Novak said that this decision was taken after the first phase, of supply of goods in exchange for fuel, was […]
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Baghdad: A special cooperation agreement has been signed between Iraq and Iran to strengthen security on the border between the two countries. It is claimed that this agreement will prevent the infiltration of Iraqi Kurds into the Iranian border. Iran is confident that this will help prevent Kurdish attacks on Iran. Moreover, Iran’s National Security […]
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Dubai: Iran’s currency, the Rial, has set a new record low. As much as six lakh Iranian Rials have to be paid for one dollar and this decline has repercussions in Iran. On Friday, the value of the Iranian Rial was 5 lakh, 40 thousand per US dollar. It fell further on Saturday and the […]
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New Delhi: The Reserve Bank of India (RBI) announced that the use of Indian Rupees is allowed in import and export transactions. Since the Ukraine conflict, nearly a trillion Rupees have reduced the Indian foreign exchange reserves. In this scenario, it will benefit the Indian economy to conduct trades in Indian Rupees. Russia, unable to […]
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Tehran: Iran is ready to make its port Bandar Abbas available for trade between India and Russia. Trials have been started for this purpose. The containers will be transported from Saint Petersburg, Russia, to the Iranian port of Bandar Abbas via the Caspian Sea. From there, these containers will be shipped to the Indian port […]
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Brussels/Moscow: – Attempts by the European Union to impose restrictions on crude oil imports from Russia have failed once again. After nearly ten days of negotiations, the Union was forced to withdraw due to strong opposition from some member states to a ban on Russian oil imports. ‘We cannot say when sanctions on Russian oil […]
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Munich: – Indian Minister of External Affairs is participating in the security conference held in Munich in Germany. During the conference, he held talks with the Foreign Ministers of Germany, Romania, Slovenia, Georgia, Saudi Arabia, Iran, magnolia and Singapore. The Ukraine issue, developments in the Indo-Pacific sector, and Afghanistan’s situation were the central issues during […]
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Ankara: – Turkish President Recep Tayyip Erdogan had boasted about uniting Islamic countries and attacking Israel to free Palestine. But now, Turkey has made preparations to expel leaders of Hamas, the radical Palestine organisation, from the country to establish cooperation with Israel. The change in the Turkish stand is striking. While trying to reconcile with […]
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Jerusalem: – The United States and Israel announced the establishment of a ‘Cyber Security Task Force’ to stop the ransomware attacks. The United States claimed that the global economy would be able to counter the threat of cyberattacks. This announcement was made after meeting officials from the US treasury department and the Israeli finance ministry. […]
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