The Money and Credit Council (MCC), the top decision-making body of financial and monetary markets, is expected to increase interest rates, an unnamed official was quoted as saying Tuesday.…
Tehran Stock Exchange's main index, TEDPIX, lost 8,813.33 points or 0.59% on Tuesday to end at 1,492,095.08. The TSE equal-weighted index too lost 0.20%. About 8.8 billion shares worth 53.8…
The United Nations called on the United States to lift or waive its sanctions against Iran as outlined in the 2015 nuclear deal, and to extend the waivers regarding the trade in oil with the…
A domestic knowledge-based company has developed a search engine that has exclusive features for Iranian users in Persian. “The domestic search engine named Sin Jim can be a good complement to…
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 4.62 million tons worth $2.49 billion during the first eight months of the current Iranian year (March 21-Nov…
The Islamic Republic of Iran Shipping Line Group (IRISL Group) has ordered 200 cargo wagons from domestic manufacturers to speed up its transport services. The multimodal transportation company…
The Iranian economy grew by 3.3% in the first half of the current Iranian year (March 21-Sept. 22) compared with the similar period of last year, while GDP growth stood at 3.4% excluding crude…
Iranian nanotechnology companies exported $62 million worth of products in the last fiscal year (March 2021-22), registering a 53% rise compared to the previous year. Forty-eight countries were…
Today, several socio-economic issues, including the devaluation of national currency, unemployment, elite migration, budget deficit, inflation, environmental crisis and factory closures, are on…
Excessive water extraction from agricultural wells has caused land subsidence in many Iranian plains, leading to the decline in the quality and volume of drinking water and the evacuation of…
The National Iranian Oil Refining and Distribution Company has resumed supplying premium gasoline, marketed as 'super', in large cities after a six-month gap, director of the state-run company…
The Thermal Power Plants Holding Company has indigenized more than 724,000 parts and equipment used in power plants in the last five years, in order to make maximum use of the local…
The burning of sulfur-containing fuels by industries located near or inside the capital Tehran has led to a three to five times surge in SO2 pollution, Abbas Shahsavani, head of the Health…
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the terrorist attack in the Shah Cheragh shrine in southern Iran will be recorded in the history of the country, stressing…
The European Union foreign policy chief reiterated the bloc’s will to advance and conclude talks on the revival of the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action. …
Official data on Iran’s pistachio exports indicate a considerable decline in the value of shipments this year. According to Daryoush Salempour, an Agriculture Ministry official, exports reached…
The coal concentrate production of the Iranian Mines and Mining Industries Development and Renovation Organization’s subsidiaries reached 526,221 tons in the first eight months of the current…
Iran’s economy has been buffeted by inflationary recession over the past decade. Under the circumstances, conventional anti-inflation policies or anti-recession policies won’t be effective,…
The perpetual rise in foreign exchange rates is expected to trigger a 10-20% increase in the prices of all kinds of car spare parts in the market, according to the head of the Tehran Automobile…
The National Development Fund of Iran (NDFI) released a report on its performance since inception in 2011 up until the last calendar year that ended in March. Deals to the tune of $119.2…
Banks are overstretched with the swelling demand for small loans and lack resources to meet the trend, a deputy governor of the Central Bank of Iran said.
Tehran Stock Exchange's main index, TEDPIX, gained 666.11 points or 0.04% on Monday to end at 1,500,908.60.The TSE equal-weighted index lost 0.15%. About 16.62 billion shares worth 63.5…
Iran traded 393,990 tons of goods (excluding crude oil exports) worth $432.97 million with Latin American countries during the first eight months of the current fiscal year (March 21-Nov.
Domestic passenger traffic in Iranian airports registered a year-on-year rise of 24% in the current Iranian year’s first eight months (March 21-Nov. 21), as 21.32 million passengers were flown…
Why do producers complain about shortage of bank facilities at conventional rates despite the growth in money supply?
