NEW DELHI: India will make 45 per cent of the payment for its oil from Iran in rupees, which Tehran will use to pay for imports from its second-biggest crude customer, the Islamic Republic’s envoy to New Delhi said on Tuesday.
TEHRAN: Iran on Tuesday issued a new warning that it will halt supplies of crude to India unless the issue of billions of dollars in overdue payments is resolved....
MUMBAI: India has joined China in saying it will not cut back on oil imports from Iran, despite stiff new US and European sanctions designed to pressure Tehran over its nuclear program....
KARACHI: In the currency market on Friday, the rupee ended weaker at 90.18/23 to the dollar, compared to Thursday’s close of 90.00/10, because of an increase in import payments....