Unifying their pricing systems, major mobile operators MTN-Irancell and Mobile Telecommunications Company of Iran (MCI) have increased rates of basic phone services.
The unprecedented decline in precipitation during the past water year (Sept. 23, 2017-Sept. 22, 2018) and years of drought have caused a steep decline in the water stored in hydroelectric dams…
Oil prices hit their highest since November 2014 on Tuesday, topping four-year highs from the previous day, as looming U.S. sanctions against Iran and reluctance by the Organization of the…
Energy trader Vitol will stop doing business with Iran after the US re-imposes sanctions on Tehran’s oil trade from November 4, a senior company executive said on Tuesday.
India’s crude oil demand is forecast to grow to 500 million tons per year by 2040, but persistent increases in oil prices might act as a dampener for the rate of growth, Partha Ghosh, an…
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Iran’s largest private automaker Modiran Vehicle Manufacturing Co., a partner of China’s Chery, at the weekend jacked up prices by a massive 55%.
In a statement published by ISNA, MVM…
President Hassan Rouhani said the US president needs to rectify its wrong policy on Iran before any talks could be held between the two sides.
US President Donald Trump would be willing to meet with Iranian President Hassan Rouhani during this week’s United Nations General Assembly gathering, United States Secretary of State Mike…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei vowed harsh measures against those who carried out a recent terrorist attack in the southwestern city of Ahvaz in Khuzestan Province.…
Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of…
The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial. The dollar was…
Tehran Stock Exchange set a fresh record high on Monday as investors received more positive news on corporate earnings, especially export-oriented stocks that have benefited the most since the…
After experiencing four consecutive quarters of growth, the Industrial Production Index for large manufacturing units in Iran registered a downturn during the first quarter of the current fiscal…
The consumer price index increased from 116.2 to 134.6 or around 16% during the summer (June 22-Sept. 22).
According to data provided by the Statistical Center of Iran, the second…
Iran traded 343,170 tons of non-oil commodities worth $408.18 million with Japan during the first five months of the current fiscal year (March 21-Aug. 22).
This registers a 42.34% and…
The Statistical Center of Iran has published its latest report on the state of home and land prices in addition to rents, which indicates all have significantly increased across urban areas in…
The government’s Economic Council last week approved a proposal of Minister of Roads and Urban Development Abbas Akhoundi, based on which the government is to issue 10 trillion rials ($70…
Iranian Ministry of Industries, Mining and Trade has released a list of essential goods that are not subject to the 4% upfront payment of import duties, given the current economic situation of…
A total of 4.13 million tons of finished and semi-finished steel products were exported from Iran during the first five months of the current fiscal year (March 21-Aug. 22) to register a 27.72%…
The 12th International Iran Plast Exhibition opened at Tehran's International Fairground on Monday.
Production of premium gasoline, marketed as "super", will restart in Isfahan Oil Refinery in Isfahan Province, and at Imam Khomeini Oil Refining Company in Shazand in Arak, Markazi Province,…
South Korea has not purchased any petroleum products from Iran for three consecutive months.
Oil Ministry's spokesman Kasra Nouri made the announcement, exposing the contradictory…
The Majlis Research Center says consumers who exceed reasonable limits constitute 15% of the total electricity subscribers and has called for revising electricity tariffs for large consumers as…
Twitter says it has patched a bug that could have shared users' private messages with software developers outside of the company.
The issue is estimated to have impacted less than 1% of…
