Keeping its promise to Iranian President Hassan Rouhani during his visit in February, the Indian government has started examining the feasibility of a preferential trade agreement with the…
Economy
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Close to 26,580 tons of millet worth over 361.57 billion rials ($10.6 million) were imported in the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…
EconomyA forum between Iranian and Macedonian businesspeople was held in Skopje on Thursday.
The Iranian side was led by Chairman of Iran Chamber of Commerce, Industries, Mines and…
EconomyTop government officials, managing directors, members of the board of directors, provincial governors, as well as mayors and city councilors of provincial capitals will not receive a pay rise in…
EconomyIran’s commercial exchanges with Pakistan reached $1.3 billion during the last fiscal year (March 2017-18), marking a rise of close to 15% compared to the year before, Iran’s ambassador to…
EconomyAmazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for US Prime subscribers, added US football…
EconomySince Thursday Iranian Telegram users have been experiencing slower communications via the app which according to authorities is due to shutdown of the messaging service’s Content Delivery…
EconomyIran’s ICT minister inaugurated several tech projects with the total cost of 1.67 trillion rials ($39.7 million) in the northwestern province of Ardabil over the weekend. According to the…
EconomyIran’s non-oil foreign trade in the first month of the current fiscal year (March 21-April 20) stood at $5.66 billion, indicating a 12% rise compared with last year’s corresponding period.
…EconomyPayments to the Civil Servants Pension Organization accounted for the biggest part of the government’s expenditure in the first month of the current Iranian year (March 21-April 20).
EconomyIran's highest financial decision-making body has approved further cuts in interest rates to make the most attractive home loans cheaper and more affordable.
The entity also eased…
EconomyIranian banks have shrunk by 0.3% in the previous quarter ending March 20 compared with the previous year, fulfilling a long-held target for an industry marked by overcapacity and rapid…
EconomyIran’s First Vice President Es’haq Jahangiri on Wednesday sought to reassure importers that their currency requirements will be fully met by the government and spoke of the banking system’s new…
EconomySecretary of the Association of Banks and Private Institution said banks have agreed on a number of schemes to support domestic production. Mohammad Reza Jamshidi also explained that these…
EconomyThe average goods and services Consumer Price Index for urban areas in the 12 months ending April 20, which marks the end of the first Iranian month of Farvardin, increased by 9.2% compared with…
EconomyIran Airports Company registered 33,651 takeoffs and landings during the Iranian month ending March 20, 2018, which shows a 5% decline compared with last year’s corresponding period.
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EconomySome 100 trillion rials (over $2.38 billion) worth of confiscated contraband are being kept in warehouses, the fate of which has not been decided, the head of Majlis Industries and Mining…
EconomyThe northern port and free trade zone of Amirabad, located in Mazandaran Province, will host a forum on marine exports to Caspian Sea littoral states on July 11, the port’s director said on…
EconomyIn pursuit of the new Iranian year’s national goal, “Support for Iranian Products”, as well as improving the competitiveness of Iranian ports and non-oil exports, the Ports and Maritime…
EconomyA glittering ceremony attended by President Hassan Rouhani was held on Wednesday in Tabriz, East Azarbaijan Province, to celebrate the city's designation as the Capital of Islamic Tourism in…
EconomyNatural disasters such as frost and drought inflict losses of between 120 and 150 trillion rials ($2.8-3.5 billion) to farmers and orchard owners in Iran every year, a board member at…
EconomyIran is on track to launch a new aluminum smelter early next year that would boost the country’s output by 70%, making it self-sufficient in the metal by taking advantage of its rich natural gas…
EconomyIranian steel mills produced 6.8 million tons of crude steel in the first quarter of 2018, up 47% compared with last year’s similar period, according to the latest report released by World Steel…
EconomyThe 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 year’…
EconomyTehran Stock Exchange’s main index gained 219.84 points or 0.23% on Wednesday compared to the day before to end trade at 94,796.1.
About 888 million shares valued at $45.96 million…
Economy