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Total 93 results found. Search for [ oil payments to Iran ]

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www.businesstoday.in
September 29, 2011
Former Samajwadi Partyleader Amar Singh, after being arrested in the cash-for-votes scandal. Hejoined a growing band of VIPs in Tihar Jail: former telecom minister A. Rajaand DMK leader Kanimozhi, both accused in the 2G spectrum scam, formerJharkhand Chief Minister Madhu Koda and Commonwealth Games chief SureshKalmadi.


PTI
New Delhi, August 12, 2011
Finance Minister Pranab Mukherjee asserts Iran never threatened to stop crude oil supply to India and the problem of settling the import bill with the Persian Gulf nation has been sorted out.


PTI
Mumbai, August 2, 2011
Under the payment settlement, Indian oil importers will open rupee accounts in Union Bank of India in New Delhi, which will route euro payments to the Turkish state-run bank Turkiye Halk Bankasi (Halkbank) in Istanbul.


PTI
New Delhi, August 1, 2011
India has made its first payment in more than five months for crude oil its buys from Iran when a $100 million wire-transfer by Mangalore Refinery and Petrochemicals Ltd (MRPL) was received by Tehran via Turkey.


AP
Tehran, July 19, 2011
The semi-official Fars news agency quotes an unidentified senior Oil Ministry official as saying it will not authorise shipments of crude oil to India as of August 1 if overdue payments are not made.


Sanjiv Shankaran
July 19, 2011
Iran continues to supply oil to India, though India has not paid it for months. No official word on how much Indiaowes Iran is available, butknowledgeable estimates put India'soutstanding for the past three months alone at over $4 billion or around Rs18,000 crore. What if Iran turns off the tap?


PTI
New Delhi, April 27, 2011
After Germany's refusal to route its payments to Iran, India is exploring using Dubai or Turkey based banks as conduit for paying for crude oil it imports from the Persian Gulf nation.


PTI
New Delhi, March 3, 2011
After RBI in December stopped use of a long-standing clearing mechanism for payments, India had last month decided to pay for the Iranian oil using euros.


PTI
New Delhi, February 15, 2011
Sources said under the norms of the German central bank, each drop of oil bought from US-sanctioned Iran is being certified before being supplied to India.


PTI
New Delhi, February 3, 2011
The finance ministry instructed State Bank of India to clear over $2 billion of backlog payment for the crude oil through Hamburg-based EIH Bank.


PTI
New Delhi, January 10, 2011
India hopes to resolve the oil payments row with Iran at a meeting in Tehran this week, Oil Secretary S Sundareshan said. \"We are in discussions with NIOC to resolve the issue,\" he said.


PTI
New Delhi, January 7, 2011
After RBI abolished regional payment mechanism for Iranian crude imports, SBI, too, refused to issue fresh letter of credits - a guarantee to supplier for the payment upon delivery.


Mail Today Bureau
New Delhi, January 5, 2011
A senior government official said on Tuesday that NIOC (National Iranian Oil Co) is ready to accept payments from Indian oil firms through the EIH Bank in Germany.


S. P. S. Pannu
New Delhi, December 31, 2010
The Reserve Bank of India is looking for an alternative payment mechanism to enable oil firms to bring home the contracted Iranian oil imports for January.


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