Business

On Monday, Iran and India signed a 10-year agreement on the development and management of Iran's Chabahar port. The strategic move is aimed at creating a trade route for India to bypass rival Pakistan and reach landlocked Central Asia.

The Afghan government's proposal to create an oil export route from Russia to South Asia through its territory will not only boost Afghanistan's economy but also strengthen ties with neighboring countries in the energy sector.

Russia has emerged as India's second-largest trading partner, with trade volume reaching $65 billion last year. Now, the South Asian country's top diplomat has stressed that this is not a temporary phenomenon.

The move could weaken the global monetary system, a fund spokesperson said.

The president says the decision to switch primarily to rubles and renminbi was "timely" and led to a major upturn in trade.

New Delhi's top diplomat reacts to Washington's threat of possible sanctions over recent strategic agreement with Tehran

Both companies are under investigation by several countries over allegations that their products contain toxic chemicals.

The top Indian diplomat also predicted that the "reliance" on US Dollar, which has served as the dominant global reserve and international trade currency for decades, would be diluted in coming years.

India's Ports and Shipping Minister Sarbanand Sonwar visited Iran on Monday and signed a long-term agreement to equip and operate a cargo and container terminal at Chabahar Port.

Iran and India have signed a ten-year contract for works and equipment in Iran's port city of Chabahar as part of plans to enhance trade and economic ties.

Protesters attempt to breach Germany's Tesla plant.

Apple issued an apology following the backlash over an advertisement showcasing various objects, including musical instruments and books, being crushed by a hydraulic press.