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Total 104 results found. Search for [ oil payments to Iran ]

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By Deepak Bhojwani
Delhi, January 9, 2016
India needs to watch the political developments in Venezuela closely and enhance its engagement with the eventual dispensation.

New Delhi, October 13, 2015
This is the second payment by Indian refiners this year ahead of easing of international sanctions against the Persian Gulf country.

Nidhi Verma
New Delhi, September 29, 2015
Toughened sanctions in early 2012 had halved Iran's oil exports and strangled its oil revenue, crippling its economy and finally bringing it to the negotiating table.

Mumbai, September 15, 2015
\"We have a capex plan of Rs 1.75 trillion over the next seven years. And out of this, Rs 50,000 crore will be for brownfield expansion at existing facilities,\" chairman B Ashok said.

New Delhi, September 14, 2015
\"The Reserve Bank of India will make payments of $6.5 billion in past oil dues to Iran in a calibrated manner so that there is no pressure on exchange rate,\" a senior finance ministry official said on Monday.

Nigel Stephenson & Sujata Rao
London , July 20, 2015
The strength of the dollar weighed on gold, which plunged as much as 4% while platinum fell as much as 5% to its lowest since February 2009.

Nidhi Verma
New Delhi, March 20, 2015
India, which is Iran's top client after China, has been reducing its imports from Iran under pressure from Western sanctions.

New Delhi, November 20, 2014
The $1.3 billion payment last one month is on top of $1.65 billion the refiners had paid in June/July. Cumulatively, refiners owe about $6 billion to Iran in past oil dues.

Gaurav Pai
Mumbai, July 15, 2014
Traders expect the rupee to remain range-bound in the near-term, with markets also focused on Federal Reserve Chair Janet Yellen's congressional testimony due later on Tuesday.

Nidhi Verma
New Delhi, July 9, 2014
Mangalore Refinery and Petrochemicals, Essar Oil, Indian Oil Corp, Hindustan Petroleum Corp and HPCL-Mittal Energy together owed about $4.6 billion to National Iranian Oil Co as of May 31.

Anilesh S. Mahajan
July 15, 2014
Since 2012, Iraq has been India's second biggest source of oil imports after Saudi Arabia, supplying more than 20 million metric tonne every year. Ever since the unrest in Iraq broke out, Asia's second largest energy user has been on edge.

Rahul Oberoi/Money Today
July 21, 2014
As a commodity investor, you can take advantage of the resulting shortages pushing up prices. For instance, in 2002-03, when El Nino disrupted the monsoon, castor seed production fell 34 per cent. As a result, its price zoomed 30 per cent during the summer season.

Nidhi Verma
New Delhi, June 19, 2014
The Reserve Bank of India would buy the dollars from authorised currency dealers, instead of the Indian oil buyers tapping the currency market. The UAE central bank would then remit the funds to Iran in dirhams.

Nidhi Verma
New Delhi, March 11, 2014
Government sources told Reuters that the country has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold the shipments at end-2013 levels, in keeping with the nuclear deal easing sanctions on Tehran.

New Delhi, December 18, 2013
India's oil imports from Iran fell 34.8 per cent in April-November from a year ago, despite a jump last month, giving the government room to import more till March and still win another waiver of US sanctions.

Anilesh S. Mahajan
December 5, 2013
The lifting of the European Union restrictions on insurance opens the door for Indian refiners to increase imports to contract levels without breaching sanctions.

November 26, 2013
The removal of the EU restrictions on insurance opens the door for Indian refiners to increase imports to contract levels without breaching sanctions that remain in place limiting Iran's overall exports to around 1 million barrels per day.

New Delhi, November 25, 2013
The US and five other world powers struck an accord with Iran on Sunday, agreeing to ease part of an economic stranglehold in exchange for steps to cap Tehran's nuclear programme and ensure the Islamist government doesn't rush to develop atomic weapons.

New Delhi, November 22, 2013
A panel set up in August to study currency swaps has now won support from the finance ministry, the commerce ministry and the central bank to target about 10 countries for such deals focusing on oil exporting nations and others that run large trade surpluses with India, three sources said.

New Delhi, November 13, 2013
Indian refiners have asked the government to clarify if they can pay Iran for crude in euros after the National Iranian Oil Company requested settlement of some debts through a Turkish bank.

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