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 [...]
As New Delhi aims to strengthen ties with Tehran and Kabul in light of rapidly changing global geopolitics, special attention will be paid to natural resource supply chains and emerging commercial opportunities in the region.
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.
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.
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]