The main gauge of Tehran Stock Exchange climbed 1,221 points or 0.48% on Tuesday to enter the 257,000-point channel for the first time in its history. The bourse was dominated by trade in…
Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture says lopping off zeros from the national currency will not produce the desired results unless the initiative is intertwined…
Traditionally influenced by domestic currency rates, Iran’s gold market has moved away and taken a different route since the past week amid soaring prices in global markets. Despite the…
The Russian premier reaffirmed support for the 2015 nuclear deal between Iran and world powers, saying Moscow's policy regarding the Joint Comprehensive Plan of Action is "consistent" and "…
Iran is the biggest importer of black chador (a full-body semicircular piece of fabric used by some Muslim women to cover the body while leaving the face uncovered) with around $100-120 million…
India’s imports of crude oil have stalled in recent months, but the malaise in the country’s energy sector is deeper, with both coal and liquefied natural gas (LNG) also soft. India, Asia…
Foreign Minister Mohammad Javad Zarif chided the United States for transforming the Persian Gulf into a "tinderbox" with its massive arms sales to regional allies.
A senior Iranian official expressed hope that the recent exchange of relevant documents signals the imminent release of the Iranian oil tanker detained by Britain.
A total of 650 billion rials ($5.5million) have been allocated to upgrade the ICT infrastructures in the northeastern province of Khorasan Razavi in the current Iranian year (started March 21).…
Iran’s push to establish a smart electronic healthcare system is on the cusp of bearing fruit, the health minister said. Saeid Namaki added that only a few security glitches in the system need…
Of the 23.8 million people employed in Iran in the last fiscal year (ended March 20, 2019), 12.9 million or 54.2% stayed for fewer than 10 years in their main jobs. Job duration for…
A total of 327 billion rials ($2.8 million) worth of contraband were confiscated by the Consumers and Producers Protection Organization and inspectors of the industries, mining and trade…
Tax will be levied on products that cause environmental damage in their manufacture or use, an official with the Iranian National Tax Administration said.
Due to the rising cost of raw materials, prices of bitumen have gone so high that no one wants to buy it anymore. The lower development budget has also led to a decline in bitumen consumption,…
Shimibaft Petrochemical Plant in the southern city of Mahshahr, Khuzestan Province, has increased output and reported 7% growth in the first quarter of the current calendar year (began March)…
After a 2-day delay, the first phase of using fuel cards at the filling stations commenced on Tuesday (August 13) in four mega cities, namely Tehran, Karaj, Isfahan and Tabriz. Fatemeh…
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In an apparent tit-for-tat move, South Korea said Monday it will remove Japan from its "whitelist" of trusted trade partners, an act that risks further exacerbating tensions between the two US…
On government behalf the Economy Ministry will offer standard parallel salaf securities for crude oil worth 50 trillion rials ($427 million) today (Tuesday). The Iran Energy Exchange will host…
The main Tehran Stock Exchange index has grown more than 78,000 points since the beginning of the fiscal year (March 21) to August 11. According to Tejarat News website, the figure…
The Central Securities Depository of Iran in its new report said the value of exchange-traded funds reached 146.09 trillion rials ($1.23 billion) by the end of the calendar month to July 22.…
A number of classic cars will participate in a rally in Tehran on Wednesday, the Touring and Automobile Club of Iran announced. “As many as 60 Iranian and foreign vintage vehicles will attend…
Four-wheel motorcycles will be added to Tehran's fire extinguishing equipment within the next three months, Tehran Fire Department announced. According to Mehdi Davari, the department's…
Iranian parliamentarians have harshly criticized foreign automotive companies over their “lack of commitment” and for terminating their operations in Iran in the face of US sanctions. A recent…
The latest industrial purchasing managers’ index (PMI) survey indicates that economic players are still optimistic about the prospects of domestic production. The Statistics and Economic…
