Iran’s influence has diminished in recent years due to prolonged sanctions and limited foreign investment. The country accounts for about 3% of global supply
Mumbai-based Tibalaji Petrochem Pvt. Ltd. sanctioned for importing 'millions of dollars' worth' of petrochemical products from Iran and exporting them to China.
Iran has been subject to US sanctions since 2018, when the Trump administration unilaterally withdrew from a deal that restricted the Middle Eastern country’s nuclear activities.
The incoming Joe Biden administration will take time to lift Trump’s sanctions and return to the Iran nuclear deal, so India is adopting a cautious approach.
India, the second largest buyer of Iranian oil, halted imports from the country this month after a US deadline against continued crude trade kicked in.
India’s private sector remains hesitant to invest in R&D. This is understandable, as the domestic market often fails to reward differentiated technologies adequately.
Speaking at ThePrint OTC Thursday, NSE CEO Ashishkumar Chauhan said the exchange has been trying to list itself since 2016, but it couldn’t happen due to one reason or the other.
Mechanical engineer & alumnus of IIM-A & IAS France, Kota was General Manager in HAL’s Light Combat Aircraft division. He was selected from a pool of eight candidates.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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