The Azadi gold coin rose for the third consecutive day on Tuesday, diverging from gold’s decline in the international arena.
Azadi advanced 0.51 percent to 9,800,000 rials by 13:09 on…
Economy
Economy
Mohammad-Reza Nematzadeh, minister of industry, on Monday criticized the Central Bank of Iran for pushing commercial banks to set aside large amounts of deposits, known as the reserve-requirement…
Economy
Although one of the most important factor affecting deposit and loan interest rates is the inflation rate, authorities must consider other issues while making policy, a banking official said on…
Economy
The soaring financial fraud cases in the banking system is due to the fact that the banking regulations are not upheld when providing loans, said Prosecutor General Ebrahim Raeisi on Sunday night…
Economy
Chabahar, the Iranian port city located in the southeastern Sistan and Baluchestan province, played a significant role during the 1980-88 Iran-Iraq war in providing certain commodities. The city…
Economy
The rial fell for the second day in a row against a basket of major currencies on Monday, with new analysis arguing that the depreciation hurts manufacturing.
Demand for foreign currencies…
Economy
In line with the principles of the resistance economy, a doctrine proposed by Leader Ayatollah Seyed Ali Khamenei to counter western sanctions, Bank Saderat Iran has pledged to finance three major…
Economy
Iran Zamin Bank has rejected reports suggesting a distraint notice has been issued on its assets.
Economy
The inflation rate reduced and reached 15.2 percent in the 11th month of the Iranian calendar, Bahman (the month ending on January 20th), according to Mohammad Baqer Nowbakht, head of Management…
Economy
Food security and self-sufficiency have often been discussed in Iran as two interdependent variables in the context of food policy after the 1979 Islamic Revolution. However, experts now believe…
Economy
Since the 1979 Islamic Revolution, corruption has been a social problem to be tackled. However, the adopted methods have proved ineffective since they are unsystematic, poorly assessed, and inapt…
Economy
Transactions in the housing market in the first nine months of the current Iranian calendar year (March 21-December21) registered a 60 percent growth compared to the same period last year,…
Economy
Iran has become self-sufficient in chicken farming and producing dairy products, ILNA quoted Minister of Agricultural Jihad Mahmoud Hojjati as saying. The minister added that as a major world…
Economy
The first direct flight from Berlin to Tehran was launched by the German airline Germania, on Sunday, with Iran’s Ambassador to Germany, Ali Majedi, and Germania’s CEO, Karsten Balke, taking part…
Economy
Iran’s copper reserves amount to 20 million tons, which is 2.9 percent of global reserves, according to a report released by the Iranian Mines and Mining Industries Development and Renovation…
Economy
The 9th International Brand Conference opens at IRIB International Conference Center in Tehran on Tuesday with special focus on the role and position of national branding in export development and…
Economy
Exploration operations carried out on 12,000 square kilometers of Sangan region in Khorasan Razavi Province have led to the discovery of 3 billion metric tons of mineral deposits, deputy head of…
Economy
Stocks waxed and waned at the Tehran Stock Exchange (TSE) on Monday, after the overall index retreated to settle in red territory in a floppy trade at Monday’s close.
Economy
Pilot cadastre projects have been implemented in five provinces across the country with the aim of cutting down on bureaucracy and promoting electronic issuance of exploration and extraction…
Economy
Iran’s deputy minister of cooperative, labor and social affairs is in Doha to meet with his Qatari counterpart and discuss the terms of a recently penned memorandum of understanding (MoU) between…
Economy
Iran produced 1.366 million metric tons of crude steel in January this year, registering 19.7% growth compared to 1.141 million tons produced in the same month last year, according to the latest…
Economy
Iran Mercantile Exchange (IME) played host to 290,000 tons of coppers, steel, agricultural and petrochemical commodities offered by local suppliers during Sunday’s trade. According to IME’s Public…
Economy
All indices at Tehran Stock Exchange (TSE) helped drag down the TEDPIX at Sunday’s close to evaporate the prior trading day’s gains, with lingering uncertainties surrounding the ongoing nuclear…
Economy
The private sector has invested 12 trillion rials (about $434 million) in Shahid Raja’ee port so far this year (to end March 21), CEO of Ports and Marine Organization (PMO), Ebrahim Idani said in…
Economy
Exports from the southeastern Kerman Province have increased by 170 percent on a year-on-year basis, Mehr news agency quoted provincial governor Ali-Reza Razm Hossein as saying. The official…
Economy
