Tag: iran

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Posted in Economy

Awaiting clarity on US’ proposed Iran-related tariffs: Commerce Secretary

New Delhi: India on Thursday said its exports to Iran are largely humanitarian and it will wait for the US executive order on the 25…

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A freight train carrying cargo containers rides along a railway track in Ajmer on August 26 (AFP FILE)
Posted in Business

As US tariff threat looms, officials say India-Iran trade ‘minuscule’| Business News

NEW DELHI: India’s trade with Iran is minuscule and primarily involves supplies of food and pharmaceuticals essential for inflation-ravaged Iranian citizens, people aware of the matter said,…

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Posted in Economy

Iran unrest hits Indian basmati rice exports, industry body says

New Delhi: New Delhi, Civil unrest in Iran has started impacting India’s basmati rice exports to the country, leading to a sharp fall in domestic…

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The daily average price of various crude grades (popularly known as Indian basket) dipped to $59.29 a barrel on January 5. T (AFP)
Posted in Business

India’s crude import cost slips below $60 a barrel| Business News

NEW DELHI: India’s average crude oil import cost fell below $60 a barrel on Monday, among the lowest it has been in five years despite global geopolitical…

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