Economy Desk

As part of a more extensive interview on her book ‘Making Women Pay: Microfinance in Urban India’ (Duke University Press, 2021), which takes a critical look at how microfinance works in the Indian context, we asked Smitha Radhakrishnan, professor of sociology and women's studies at Wellesley College, if she can tell us about the demographics of the recipients of microfinance in India. The whole interview will be soon published by Iran Daily.

Press TV – Deputy Foreign Minister Ali Bagheri Kani said Thursday increased cooperation between Iran and India is a necessity as it will bring about regional security.

IRNA – Iranian animation ‘Loupetou’ by Abbas Askari will compete at the KidzCINEMA festival, to be held in India from December 2 to January 2.

REUTERS - The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap, U.S. Treasury Secretary Janet Yellen said on Friday.

IRNA – The value of Iran’s exports to India increased by 40 percent in the first eight months of 2022, compared to the corresponding figure for 2021, according to the data released by the Indian Ministry of Commerce and Industry.

Reuters - India will allow the export of 6m tonnes of sugar in 2022/23, in line with market expectations, as the country's production is set to jump to a record high for the second straight year, the government said in on Saturday.

Reuters – Iran wants to sell oil to India and is ready to deliver it, Iran's Ambassador to India Iraj Elahi said on Friday.

ANI – India’s External Affairs Minister S. Jaishankar said Chabahar port and the International North-South Transport Corridor could help improve connectivity and fulfilment of economic potential in the region.

The death toll from a foot bridge collapse in India rose to 134 on Monday, including many children, as police detained nine people as part of a criminal investigation into one of the deadliest accidents in the country in the past decade.

New figures by the Islamic Republic of Iranian Customs Administration (IRICA) showed that rice imports into the country have reached new records amid government efforts to contain rampant prices of high-end domestic varieties of rice.

India's markets regulator will restart a review of a $440m initial public offering of Digit Insurance after the company resolved certain compliance issues that had led to the regulator putting the process on hold, two sources told Reuters on Friday.

By Kambakhsh Khalaji

Kambakhsh Khalaji

India’s Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal expressed his country’s determination to play a constructive role in the development of Chabahar, voicing support for Iran’s plans to turn the port into a regional and international commercial hub.