Iran Financial News

Lok Sabha, Minister of State for Commerce and Industry Anupriya Patel said a significant part of the India-Nepal trade is being carried out in Indian Rupee (INR) and all bilateral trade with Bhutan is also transacted entirely in INR. «Rupee trade mechanism has been initiated to facilitate trade in national currency with Russia. As of July 2, RBI has approved 34 applications from different Russian banks for opening SRVA in 14 Indian commercial banks,» the minister said in a written reply.

Also Read: US Defense chief visits Iraq for talks on troop presence US officials say the arrangement, with Iraqi forces in the lead, since December 2021, has proven successful. US estimates show IS ranks have been cut to fewer than 1,000 fighters in Iraq while the group's leadership in Iraq has likewise been continually degraded by Iraqi forces.

Japan has expressed concerns over Iran’s advancing uranium enrichment program and its suspected supplying of combat drones to Moscow for Russia’s war on Ukraine

mental health organisations accused Iranian authorities of “exploiting psychiatry" for other purposes. “Diagnosing mental health disorders is the responsibility of psychiatrists, not judges," they decried, according to France 24. What's more concerning is that the Iranian authorities are not even sparing children and young girls.

Saudi Arabia announced that citizens of eight more countries will now be eligible for a visitor e-visa, state media reported. The e-visa will be available to visitors from Albania, Azerbaijan, Georgia, Kyrgyzstan, Maldives, South Africa, Tajikistan, and Uzbekistan, for leisure, business, and religious (Umrah only) travel, bringing the total number of eligible countries to 57, Xinhua news agency quoted the state media report as saying. The visitor e-visa is valid for an entire year, grants multiple entries, and permits a stay of up to 90 days. After launching the e-visa program in 2019, Saudi Arabia welcomed 93.5 million visits in 2022, a 93-per cent increase from 2021, registering a tourism expenditure of 185 billion Saudi Riyals ($49 billion). In 2022, Saudi Arabia decided to provide a visitor e-visa for holders of valid Schengen, British and US visas that have been used to enter these countries before arriving in Saudi Arabia and for permanent residents of the European Union, Gulf Arab countries, Britain and the US.

Damascus early Monday, state media said, citing a military source. «At 2:20 am (2320 GMT Sunday), the Israeli enemy carried out an air attack from the direction of the occupied Syrian Golan, targeting areas in the vicinity of Damascus,» state news agency SANA reported. The attack killed «four soldiers and wounded four others», it said, reporting unspecified material damage and adding that Syrian air defences intercepted some of the missiles.

By Kanishka Singh

Telegram messaging application across the country on «national security» grounds, drawing criticism on channels close to pro-Iran factions. The service was effectively blocked by midday on Sunday, with new messages not loading for users in Baghdad.

The U.S. military is considering putting armed personnel on commercial ships traveling through the Strait of Hormuz, in what would be an unheard of action aimed at stopping Iran from seizing and harassing civilian vessels

Toronto International Film Festival has revealed its diverse line-up for the Discovery and Midnight Madness programs. Featuring original and unexpected works, the Midnight Madness program offers bizarre and daring cinema, while the Discovery program showcases contemporary international cinema and emerging talents. The Midnight Madness line-up includes 10 titles, including seven World Premieres. Notable selections are “Dicks: The Musical” by Larry Charles and satirical provocations from Saudi Arabia and Serbia. On the other hand, the Discovery program presents 26 titles with a strong emphasis on World and International Premieres. An exceptional highlight is the participation of 13 female filmmakers, representing 50% of the program's total. Anita Lee, TIFF Chief Programming Officer, expressed enthusiasm, stating that the Discovery and Midnight Madness 2023 selections promise to captivate tastemakers and experience seekers.

BRICS Summit, the Ministry of External Affairs (MEA) said. "President Ramaphosa invited the prime minister for the BRICS summit being hosted by South Africa on August 22-24, and briefed him on the preparations for the same," the Ministry of External Affairs (MEA) said atfter PM Modi's talks with Ramaphosa. "The prime minister accepted the invitation and conveyed that he looked forward to his visit to Johannesburg to participate in the summit," the MEA said.

US military considers rare plan to put armed troops on civilian ships in effort to stop Iran seizures, officials tell AP

The U.S. military is considering putting armed personnel on commercial ships traveling through the Strait of Hormuz, in what would be an unheard of action aimed at stopping Iran from seizing and harassing civilian vessels

Brazilian President Luiz Inácio Lula da Silva says he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa

The national holiday was declared after the Ministry of Health asked the government to do so for giving the citizens relief from the sweltering heat and rising temperatures. Besides the government offices, banks, financial institutions, and most private businesses have put down the shutters. Iran Heatwave: Not Unexpected The w

BRICS summit in Johannesburg set to discuss admitting new members, India on Thursday dismissed as «baseless» reports that it is opposed to the expansion of the grouping. It is learnt that New Delhi is yet to take a final decision on Prime Minister Narendra Modi's in-person attendance in the summit of the five-nation grouping from August 22 to 24. The summit is set to extensively deliberate on expansion of BRICS (Brazil, Russia, India, China and South Africa).

Ministry of Defense Wednesday revealed that the US Government approved the sale by Israel of the country's «David's Sling» anti-missile defence system to Finland. After receiving approval, the Israeli MOD, the Finnish MOD & Rafael Advanced Systems — the Israeli defence contractor that develops the system — will participate in a ceremony to sign a procurement agreement worth approximately 316 million Euros (USD 344 million).

Brazilian President Luiz Inácio Lula da Silva says he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa

Saudi Arabia said it would grant $1.2 billion of financial aid to Yemen’s internationally recognized government in a bid to buoy the country's struggling economy

An escalating dispute over a gas field in the Persian Gulf poses an early challenge to a Chinese-brokered agreement to reconcile regional rivals Saudi Arabia and Iran

deal with Iran to constrain its nuclear programme in exchange for economic-sanctions relief. Since then, Iran has not stood still. Satellite pictures appear to confirm that Iran is building a nuclear facility in the Zagros mountains, near the existing Natanz enrichment site (shown above).