/Tag: Iran

Air corridors to help fulfill potential of India’s ties with Central Asia

2020-11-10T12:14:31+00:00November 5th, 2020|2020, India Inc Views - India Global Business, Region Focus, UK Edition – 14 Feb-27 Feb 2020|

Indian Foreign Minister S Jaishankar has said India is exploring air corridors between India and five ‘Stans’ of Central Asia to enhance and deepen economic engagement and facilitate trade in perishable goods such as food products and farm produce and position India as a medical tourism destination in the region. Highlights: Central Asia is crucial to India as a source of raw materials such as oil and gas as well as uranium. Bilateral trade, however, remains below potential due to [...]

India and Iran find themselves in the crosshairs of US-China bipolarity

2020-12-10T05:38:08+00:00July 27th, 2020|Country Focus - India Global Business, India Inc Views - India Global Business|

Under fire from the US, Iran is veering towards China while India nudges closer to the US in a potential grand alliance against the dragon. The traditionally strong India-Iran ties may become collateral damage.

India’s outreach to Central Asia still lies through Iran

2020-12-10T07:00:13+00:00July 15th, 2020|Country Focus - India Global Business, India Inc Views - India Global Business|

Iran has announced that India may no longer be part of the Chabahar port project and the railway line connecting the port to Central Asia, within hours of signing a $400-billion investment deal spread over 25 years. But the Indian foreign office is confident that it will be able to settle the matter amicably after the US Presidential elections in November.

Indian companies might not see major supply disruption

2020-05-11T03:49:36+00:00January 28th, 2020|2020, Guest Columns - India Global Business, Home Page, Insight - India Global Business, North America Edition – 31 Jan-13 Feb 2020|

An Oil & Gas expert analyses how the US's strike on Iranian general Qasem Soleimani will affect India's oil sector. Highlights: The US Drone strike on a serving Iranian general led to a surge of global oil prices and growing tension between the two countries. No confirmation on US-China trade deal and no direct attacks on the oil production and processing facility from Iran since then have cooled the oil prices. India has started importing more crude from Iraq and [...]

Happy New Year… um?

2020-08-20T06:15:19+00:00January 17th, 2020|2020, Globally Speaking - India Global Business, North America Edition – 10 January 2020, UK Edition – 10 January 2020|

Sir David Attenborough’s “moment of crisis,” and Greta Thunberg’s ongoing campaign to shake the world’s most powerful into acting faster on climate change, highlights that there are other priorities to President Trump’s conflict with Iran that must not be relegated, writes India Inc. Founder & CEO Manoj Ladwa. Highlights: The US assassination of a serving Iranian army general and the Iranian retaliation poses a diplomatic challenge for India’s Narendra Modi government. India’s possible de-escalating role here should not be underestimated. [...]

India gets caught up in an Iran-West crossfire

2019-08-09T12:29:23+00:00August 9th, 2019|2019, Global Edition – August 2019|

The Indian crew members of oil tankers being held hostage in a tit-for-tat battle between Iran and the West could force a rethink of India’s own outlook towards Tehran. Over 40 Indian crew members have been caught up in the rising tensions between Iran and the West, with the Strait of Hormuz in the Gulf as the scene of the latest standoff. It began with the local police in Gibraltar, a British Overseas Territory on the Spanish coast, confirming that [...]

As Iran goes dry, India hunts for oil in Kuwait and Qatar

2020-03-24T10:33:07+00:00December 6th, 2018|2017/2018, UK Edition – December 2018|

Indian External Affairs Minister Sushma Swaraj’s recent four-day visit to Kuwait and Qatar was aimed at strengthening bilateral ties and bolstering supplies. The decision by the Trump administration in the US to unilaterally exit from the Iran nuclear deal of 2015 earlier this year is forcing India to look at other alternatives — old and new, to fill in for Iran. India imported 22.6 million tonnes of crude from Iran in 2017-18, which was its third biggest  supplier of oil [...]

Can Saudi Arabia solve India’s oil conundrum?

2020-03-16T11:34:54+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

As the Donald Trump administration’s deadline for Iran sanctions beckons, India must find alternatives for its crude oil needs fast. In the last few months, there have been hectic parleys in the diplomatic channels between India and Saudi Arabia. The topic is an obvious one — crude oil. The decision by the Trump administration in the US to unilaterally withdraw from the Iran nuclear deal of 2015 in May earlier this year and re-impose sanctions on Tehran, and any country [...]