The government has allocated 31.17 trillion rials ($660 million) for the installation of modern irrigation systems in farmlands across the country, of which 41% (close to $270 million) have been…
Domestic Economy
The government earned 150% more from tax than from oil in the last fiscal year (March 2016-17), the chairman of Iranian National Tax Administration said.
Kamel Taqavi-Nejad made the…
Iranian Privatization Organization has sold over 6.84 trillion rials ($146 million) worth of public companies’ shares to the private sector so far this fiscal year (started March 21, 2017). Over…
India and Iran signed 15 agreements in the presence of Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi in New Delhi on Saturday.
"Both leaders held substantive…
Amid low precipitation and water shortage, the government is going to place restrictions on the cultivation of crops in areas of the country where underground water resources are at alarming…
More than 2.18 million TEUs of container goods were loaded and unloaded in Hormozgan Province’s Shahid Rajaee Port during the first 10 months of the current Iranian year (March 21, 2017-Jan. 20…
Majlis Joint Commission has removed an article incorporated in the bill for the next fiscal (March 2018-19) about imposing a ban on the import of transgenic crops that fail to secure…
India, for the first time beyond Bhutan and Nepal, will invest in a foreign country—Iran—through its own national currency rupee to bypass any trouble arising out of impending US sanctions…
Three Airbus A319 secondhand jets landed in Mashhad International Airport on Wednesday and are expected to join the fleet of a newly-established Iranian airline, Tehran Air. Reza Jafarzadeh, the…
Cigarette tax will remain unchanged as approved by Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill proposed by the government before its final…
No cases of human infection with the H5N6 strain of avian flu have been reported in Iran yet, Mohammad Mehdi Gouya, the director-general for communicable diseases at the Health Ministry…
Iran is estimated to produce more than 10 million tons of wheat in the next fiscal year (starting March 21).
As a result, Iran will remain self-sufficient in wheat production for the…
Iran is the world’s 10th biggest producer of flower and plants, though the country has only a 0.3% share in global export markets, making it the 107th flower exporter, the head of Iran’s Flowers…
Iran produced a record high of 8 million tons of sugarbeet in the current Iranian year (ends March 20), the executive of the Ministry of Agriculture’s so-called Sugarbeet and Sugar Project…
Tehran is hosting a spring fair for the direct supply of domestically-produced goods at Tehran’s Grand Mosalla.
The event opened on Wednesday and will run for 10 days, IRNA reported.
A total of 16,756 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the 10th Iranian month (started…
Minister of Industries, Mining and Trade Mohammad Shariatmadari has put forth the idea of granting duty exemption to the imports of raw materials for essential goods transported by international…
“Dear readers, our magazine will not be printed this week in protest against the terrible paper situation.”
The Fifth Iran Automotive Industry International Conference opened Tuesday at the iconic Milad Tower in north Tehran. Managing directors from French automotive companies PSA Group and Renault…
Iran’s per capita chicken consumption has gone up from last year’s 26 kilograms to 28 kilograms at present.
Deputy Agriculture Minister Hassan Rokni added that 2.25 million tons of…
The International Exhibition of Agriculture, also known as ‘Iran Agri Show 2018’, is scheduled to be held at Tehran International Fairground from Feb. 24 to 27, the head of the Ministry of…
The third meeting of Iran-Afghanistan Economic Commission will be held in Tehran in March, Afghanistan’s Chamber of Commerce and Industries announced.
Non-oil exports from the southwestern Khuzestan Province during the first 10 months of the current Iranian year (started March 21, 2017) stood at 15.4 million tons worth 197.7 trillion rials ($5…
Renowned Iranian economist Fereydoun Tafazzoli, professor of economy at Tehran’s Shaid Beheshti University, passed away in Canada on Monday.
Iran exported $6 million worth of goods to Nigeria during the first 10 months of the current Iranian year (March 21, 2017-Jan. 20), registering a 55% increase compared with the corresponding…