TEHRAN (FNA) – India’s Hinduja Group and ONGC Videsh Ltd. hope to ink a pact with Iran to develop oil and gas fields by the end of the month.

TEHRAN (FNA) – Iran’s largest auto maker, Iran Khodro Investment Development Co, might end partnership with Chinese auto maker Jinhua Youngman Automobile Manufacturing Co Ltd, sources reported.

TEHRAN (FNA) – Iran will start development of a power station in Iraq’s Najaf province, a 320 megawatt grant from its neighbor, a provincial spokesman said.

TEHRAN (FNA) – Iran has reported assistance from Persian Gulf Arab states in shielding Tehran’s banking system, which have been targeted by the United States.

TEHRAN (FNA) – Iran will help Zimbabwe defeat western sanctions by assisting President Robert Mugabe’s government in setting up a farm equipment manufacturing plant, refurbish an oil refinery and expand a power plant, Tehran’s envoy to Harare said on Monday.

TEHRAN (FNA) – Iranian President Mahmoud Ahmadinejad stressed Iran’s firm nuclear stance and continued move towards progress during his address to millions of ralliers who congregated at Tehran’s Azadi Square to stage strong support for the Islamic Republic and commemorate 1979 Islamic Revolution.

BRUSSELS – The European Union is set to complete authorization of a big supervisory mission in Kosovo this week, just before the territory is expected to declare independence from Serbia, diplomats and EU officials said.

WASHINGTON – Finnish Foreign Minister Ilkka Kanerva said on Monday he was optimistic Europe’s main election watchdog will be able to stay in Kosovo, perhaps with a narrower mandate, if the region declares independence.

MOSCOW – Russia agreed on Monday to write off most of Iraq’s $12.9 billion debt in a deal that opens up Iraq for $4 billion in investment from Russian firms, including oil major LUKOIL.

BAGHDAD – Two car bombs exploded in southern Baghdad on Monday, killing 11 people during a visit to the city by U.S. Defense Secretary Robert Gates, Iraqi police said.