‘Iran is unlikely to decide to dash toward making nuclear weapons as long as its uranium enrichment capability remains as limited as it is today,’ the report said
Oil prices rose modestly on Monday after the EU slapped an embargo on Iran's crude exports as part of tough new sanctions aimed at stopping Tehran from funding its disputed nuclear program.
New York's main contract, West Texas Intermediate crude for March delivery gained $1.25 to $99.58 a barrel after the widely-expected embargo was announced.
Asserting that India was not facing any problem in making payments for the import of crude oil from Iran, Petroleum and Natural Gas Minister Jaipal Reddy on Wednesday warned that the country needed
NEW DELHI: Even as China cuts down drastically its oil imports from Iran, which is soon likely to run into fresh sanctions from the US and the EU, India on Tuesday declared it will continue to impo
New Delhi India’s economic growth rate will remain subdued at 7.7% in 2012 and 7.9% in 2013 as downside risks have increased, mainly on account of problems in Europe and the USA, says a UN report.
“India's economy is forecast to expand at a pace similar to 2011 in the following two years... at 7.7% in 2012 and 7.9% in 2013,” the UN report on World Economic Situation and Prospects 2012 said.
Motor club and leisure travel organization serving North America, AAA, says analysts believe gasoline prices have gone up due to strained relations between the US and Iran.
The UN atomic agency confirmed on Monday that Iran has started enriching uranium to 20-per cent purity at a new site in a difficult-to-bomb mountain bunker.
TEHRAN: Iran has begun uranium enrichment at a new underground site well protected from possible airstrikes, a leading hardline newspaper reported on Sunday in another show of defiance against West
NEW DELHI: Indian refiners and oil ministry officials are meeting on Monday to discuss alternative methods to pay for Iranian oil imports should an existing mechanism via Turkey's Halkbank be halte
