The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s…
Economy
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Tehran Stock Exchange’s main index gained 64.48 points or 0.07% to end Wednesday trade at 97,150.6.
About 719 million shares valued at $28.14 million changed hands at TSE for the day.…
Economy
In pursuit of the New Year’s national goal, “Support for Iranian Products”, the government has banned the purchase of foreign-made products that are domestically produced for all government…
Economy
Tehran Stock Exchange is planning to float the shares of 12 companies in the new fiscal year (started March 21), the exchange's listing and public offering manager, Esmaeil Dargahi, announced.…
Economy
Thailand was the biggest exporter of sweet corn to Iran during the 11 months to Feb. 19, as it shipped more than $6.85 million worth of the crop during the period.
Economy
More than 850 tons of different types of roses worth 303.43 billion rials ($8.8 million) were exported from Iran to 37 countries during the 11 months to Feb. 10, the latest data released by the…
Economy
Close to $150 million worth of commodities were exported from Arvand Free Trade Zone during the last Iranian year (March 2017-18), the deputy head of FTZ for economic affairs and business…
Economy
Iran’s trade with Indonesia totaled 1.89 million tons worth $733.62 million during the 11 months to Feb. 19, registering a 77.19% and 28.11% growth in tonnage and value respectively compared…
Economy
By importing part of the domestic demand for wheat and rice, Iran can use the vital resource as potable water and for more economically beneficial activities, amid worsening water woes in the…
Economy
Iran’s Export Price Index stood at 323.1 in the 11th Iranian month of Bahman (Jan. 21-Feb. 19), registering a 7.5% increase compared to the preceding month and a 33.5% rise compared with last…
Economy
May 12 is the next deadline for the US to renew the sanction waivers key to the Iran nuclear deal.
US President Donald Trump, who has long expressed disdain for the deal, may take the…
Economy
Tesla Inc. sees progress ahead for the mass-market sedan that keeps falling short of targets and said a capital raise will not be required this year, spurring a partial rebound for the electric-…
Economy
The Philippine antitrust authority is examining a plan by ride-sharing rivals Grab and Uber Technologies to integrate their Southeast Asian operations, saying the deal creates a “virtual…
Economy
Meituan Dianping, China’s largest provider of on-demand online services, is buying bike-sharing firm Mobike for $2.7 billion excluding debt, in a deal that will intensify the rivalry of their…
Economy
The minister of roads and urban development has announced that further cuts in home loan rates, already in the single-digit territory, are on the cards with President Hassan Rouhani supporting…
Economy
The Iranian government will purchase between 10.2 million and 10.5 million tons of wheat from local farmers in the current fiscal year (started March 21), a deputy agriculture minister announced…
Economy
Turkey, with more than $42.35 million, was the biggest exporter of tobacco to Iran during the 11 months to Feb. 19. According to the latest figures released by the Islamic Republic of Iran…
Economy
Tehran Stock Exchange’s main index gained 147.37 points or 0.15% to end Tuesday trade at 97,086.2.
About 385 million shares valued at $15.06 million changed hands at TSE for the day.…
Economy
Iran’s stock market had a good run in the last fiscal year (March 2017-18), as it witnessed several rallies and repeatedly extended its all-time highs.
Economy
An analysis of fluctuations in prices of basic edible goods during the year to March 16 shows eggs had the highest annual price rise, going up by around 34%.
Economy
Iran’s troubled housing sector has entered a new phase in the new Iranian year (started March 21), as it strives to put a longstanding slump behind it, although there are concerns that Iranian…
Economy
Tapping into the Gram cryptocurrency offered by the instant messaging app Telegram by Iranians is considered a “redline” in the eyes of the High Council of Cyberspace, the country’s watchdog and…
Economy
The governor of the Central Bank of Iran on Tuesday made several appointments as he enters his fifth and the final year of his term. In his first announcement, Valiollah Seif appointed…
Economy
Iran wants to invest in Sangan iron ore mine of Herat Province, located in border areas between Afghanistan and Iran, Afghan media reported.
As mineral resources from Sangan iron ore…
Economy
Iran is buying rice from Pakistan via Dubai despite a preferential trade agreement between Tehran and Islamabad which has been in place since 2006.
The Pakistani newspaper The Nation…
Economy
