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India Increases Iranian Oil Imports In June By 48 Percent

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India Increases Iranian Oil Imports In June By 48 Percent

Despite US pressure New Delhi and Tehran preparing to continue trading

Despite US pressure to reduce Iranian oil imports to zero by November this year, Indian refiners have imported 48 percent more oil from that country in June than a year ago, Minister for Petroleum and Natural Gas Dharmendra Pradhan has said in Lok Sabha on Monday.

Pradhan told the law makers that India’s refiners bought around 664,000 barrels per day (bpd) of Iranian oil in June this year, 48 percent more than the volume they purchased in the same month last year.

“Indian refiners imported 1.9 million tons (447,000 bpd) of crude oil from Iran in June 2017 and placed orders for 2.82 million tons in June 2018”, the minister said in a statement.

Read More: Indian Oil PSUs raise import from Iran

According to Pradhan, India loaded about 715,600 bpd oil from Iran in April-June 2018 period, a rise of about 45 percent from the previous quarter.  However, India’s private refiners are reportedly working to source oil from Saudi Arabia, Russia, Iraq and US and others to offset cuts in Iranian oil under US sanctions.

India Increases Iranian Oil Imports In June By 48 PercentAccording to Tehran based Press TV, new US sanctions on oil and transactions with the Central Bank of Iran are about to come into effect on November 4. The US has warned third countries against buying Iranian crude amid a rise in Washington’s attempts to choke Iran’s oil revenue.

Last month India has allowed Iran’s Bank Pasargad to open a branch in Mumbai. The Finance Ministry conveyed to RBI that it has no objection in allowing the Tehran based bank to open its branch in India.

Read More: Germany asks India to continue buying oil from Iran

In May this year, Minister of External Affairs Sushma Swaraj made it clear that India does not recognize country-specific sanctions. She was quoted saying, “Our foreign policy is not made under pressure from other countries. We recognize UN sanctions and not country-specific sanctions”.

Indian embassy in Tehran has also issued a statement saying, “Iran has always been a reliable energy partner for India and others, seeking a balanced oil market and regional prices of oil which ensure the interest of both countries as consumer and supplier.”

Tehran has offered to insure oil cargoes to India after some insurers stopped providing the service in the face of the impeding sanctions, Press TV reports.

In February this year, Iranian President Hassan Rouhani while visiting New Delhi promised to increase crude oil imports from Iran from 205,000 bpd in 2017-18 to 396,000 bpd in 2018-19.

Read More: India under US pressure to cut oil imports from Iran, Govt says exploring all options

Meanwhile, the Indian Oil Ministry has revealed that India and China have discussed the possibility of forming an “oil buyers’ club” that can negotiate better terms with sellers.

India Increases Iranian Oil Imports In June By 48 PercentDhirendra Pradhan, while speaking in the parliament said, “Meetings have been held between India and China, both at ministerial and company levels. During these meetings both sides expressed interest to cooperate and collaborate to deal with high crude oil and gas prices, including through increased communication between companies to work towards control and reduce spikes in prices.”

In May this year, US President Donald Trump had withdrawn US from multilateral Iran-nuclear deal signed by P5+1 and Tehran, which came into effect in January in 2016. US has announced to re-impose sanctions in two stages in August and November this year.

India News

Women’s quota bill fails in Lok Sabha as it falls short of two-thirds majority

Women’s reservation proposal failed in Lok Sabha after securing 298 votes, below the required two-thirds majority

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Parliament

Government secures 298 votes in favour, 230 against; proposal does not pass constitutional threshold

The proposed amendment related to women’s reservation failed to pass in the Lok Sabha on Friday after the government could not secure the required two-thirds majority.

The bill received 298 votes in favour and 230 against, falling short of the constitutional threshold needed for passage. As a constitutional amendment, it required the support of at least two-thirds of members present and voting.

Despite securing a simple majority, the government was unable to gather sufficient support to meet this requirement.

Debate continues over two days

The discussion on the bill extended late into Thursday and continued on Friday, with members from both sides participating in the debate on women’s representation in legislative bodies.

Prime Minister Narendra Modi urged members to support the proposal, calling for wider consensus on the issue.

Implications of the outcome

The failure of the bill underscores the challenges in securing broad political agreement on constitutional amendments, especially those related to representation and electoral reforms.

The proposal was aimed at advancing women’s representation in the Lok Sabha and state assemblies, an issue that has remained under discussion for several years.

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Rahul Gandhi faces FIR order as Allahabad High Court acts on dual citizenship plea

High Court allows plea in Rahul Gandhi citizenship case, paving the way for further legal process.

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Rahul Gandhi

The Lucknow bench of the Allahabad High Court has allowed a petition seeking legal action in connection with allegations related to Congress leader Rahul Gandhi’s citizenship status, marking a fresh development in the case.

The petition was filed by a political worker, who had approached the court seeking directions for registration of a case over claims that Gandhi may have held foreign citizenship. The High Court, while hearing the matter, passed directions for further proceedings in accordance with law.

The development comes after a special MP/MLA court in Lucknow had earlier declined to order registration of an FIR, reportedly observing that it lacked jurisdiction in matters concerning citizenship.

Background

The case is linked to allegations that Rahul Gandhi may have held British citizenship. Under Indian law, dual citizenship is not permitted. However, these claims remain part of the petitioner’s submissions and have not been established by any court.

During earlier hearings, the High Court had sought records and considered material presented by the parties involved.

What happens next

With the High Court allowing the plea, the matter is expected to proceed as per due legal process. This may involve examination by the appropriate authority and further judicial review at subsequent stages.

The case carries both legal and political significance given Rahul Gandhi’s role as Leader of the Opposition in the Lok Sabha.

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India News

Pawan Khera faces fresh setback as Supreme Court refuses relief in passport row case

Congress leader Pawan Khera faces fresh setback as Supreme Court refuses interim relief and directs him to seek bail from Guwahati High Court.

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Pawan Khera

Congress leader Pawan Khera suffered another legal setback on Friday after the Supreme Court of India declined to extend protection in a case linked to his remarks about Himanta Biswa Sarma’s wife.

A bench of the apex court refused to interfere with an earlier order that had stayed the transit anticipatory bail granted to Khera by the Telangana High Court. This decision leaves the Congress leader open to possible arrest by Assam Police in connection with the case.

During the hearing, Khera’s counsel sought interim protection, but the court declined the request and advised him to approach the appropriate court in Assam for relief. The bench clarified that the Guwahati High Court should decide any bail plea independently and on its merits.

“Am I a terrorist?” remark during hearing

While seeking protection, Khera’s legal team expressed concern over the urgency of the situation. In court, his counsel remarked, “Am I a terrorist?” highlighting the plea for temporary relief until a fresh bail application could be filed.

The Supreme Court also raised concerns over the submission of incorrect documents during the proceedings, adding another layer to the legal complications faced by the Congress leader.

Case linked to remarks on CM’s wife

The case stems from a press conference held earlier this month, where Khera made allegations regarding the citizenship status and financial assets of the Assam Chief Minister’s wife, Riniki Bhuyan Sharma.

He had claimed that she possessed multiple passports and owned undisclosed overseas properties. These allegations were strongly denied by the Chief Minister’s family, who termed them fabricated and misleading.

Legal battle intensifies

Earlier, the Telangana High Court had granted Khera temporary transit anticipatory bail, allowing him time to seek relief from a competent court in Assam. However, the Supreme Court stayed that order following a challenge by Assam authorities, escalating the legal battle.

With the latest ruling, Khera is now expected to move the Guwahati High Court for anticipatory bail as the case continues to unfold.

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