Iran drops India from Chabahar rail project, cites funding delay
News: Iran government has decided to move ahead with the construction of a rail line from Chabahar port to Zahedan along the border with Afghanistan on its own as it …
Read MoreTag: IRAN
Amid high inflation, Iran to get a new currency
News:The Iranian parliament has approved a bill to allow a major overhaul in the country’s currency rial. Facts: Key Features of the Bill: It allows the government to slash four …
Read MoreIran says it may pull out of nuclear treaty over Europe dispute
News:Iran has warned to withdraw from the Non-Proliferation Treaty(NPT) if the European countries refer the dispute over its Nuclear programme to the United Nation Security Council. Facts: About the issue: …
Read MoreUS gives ‘narrow exemption’ to India from sanctions on Chabahar for aid: Official
News:According to US officials,the US has provided a rare exemption to India from sanctions on the Chabahar port in Iran. Facts: About Chabahar port: Chabahar port is a seaport in …
Read More6 European nations join Iran barter system
News:Recently,six European countries have joined the barter mechanism called INSTEX which is designed to circumvent US sanctions against trade with Iran by avoiding the use of dollars. Facts: What is …
Read MoreIran’s Rouhani says no talks with US until sanctions lifted
Iranian president has ruled out meeting US President until the US lifts sanctions on Iran. This statement came after French President has said that he would try to arrange a …
Read MoreIndia hoping for Iran deal, Russia’s inclusion in G7
The Group of Seven(G7) summit is being held in Biarritz,France.The summit will discuss issues such as (a)global free trade (b) environment (c) climate change (d) digital economy among others. However,India …
Read MoreBavar-373 system
Iran has unveiled its new home-grown air defence system called Bavar-373. Bavar-373 is a long-range mobile surface-to-air missile system.It is designed to intercept and destroy incoming hostile targets. The system …
Read MoreDefying U.S., Gibraltar frees Iran tanker
Gibraltar has released an Iranian oil tanker named Grace 1.The oil tanker was stopped by the UK navy after the government of Gibraltar suggested it was heading for Syria. Gibraltar …
Read MoreIran unveils ‘improved’ radar air defence system
Iran has unveiled an improved radar air defence missile system called Falaq. The Falaq is said to be an upgraded version of the current Gamma system which military experts said …
Read More