Tehran Stock Exchange continues to go through its fresh bearish trend amid the oil price freefall. Yet again, investors' overreaction drastically dragged down the benchmark at Sunday's close.
Economy
Economy
The Food and Agriculture Organization of the United Nations (FAO) announced that Iran’s total grain production within the current crop year (ended October 23), have recorded a 900,000-ton decrease…
Economy
A private consortium has won the tender to exploit the 5th phase of Golgohar mine in Kerman Province. The tender was launched aimed at developing mines across the country by making best use of the…
Economy
The US Department of Justice is tightening the screws on banks that knowingly or unknowingly circumvent US and international sanctions against Iran and several other countries. The settlements,…
Economy
The representative for the towns of Khalkhal and Kowsar in the parliament, Jalil Jaafari, has said that a special economic zone will be set up in the northern Ardebil Province.
Economy
The deputy governor for banking supervision at the Central Bank of Iran criticized recent attacks against the involvement of banks in non-banking activities, saying that the criticism has…
Economy
The capital of commercial banks is likely to be raised by $5 billion from the resources of the National Development Fund of Iran (NDFI), the deputy for parliamentary affairs of the vice presidency…
Economy
The 15th exhibition on research and technology kicks off on Sunday in Tehran’s Permanent International Fairground, IRIB reported on Saturday. The four-day event will be attended by the new…
Economy
An official has announced that 36 kilometers of the Gorgan railway, which is part of Gorgan-Inche Boroun-Turkmenistan railway project, will be renovated in the near future. President Hassan…
Economy
To encourage milk consumption in the country, the government has commenced distribution of free milk in schools, President Hassan Rouhani said in Iran Dairy Product Company on Friday, IRNA…
Economy
Ten employment websites have been launched to ease employment procedures, Hassan Taie, the deputy minister of cooperatives, labor, and social welfare said, as reported by ISNA on Saturday.
Economy
The free movement of money across the borders of states, which is a familiar practice in some western countries, is at odds with legislators and policy makers in Iran.
Economy
It is indicated in the budget bill submitted by the Iranian government to the parliament that next year we may expect a balanced budget. The government revenues would be 2,673 trillion rials, 3.8…
Economy
More than 240 major national projects are set to become operational by yearend (March 21, 2015), Mohammad Bagher Nobakht, vice president for strategic planning and supervision said in a meeting…
Economy
The value of ‘suitcase trade’ – purchasing consumer goods where prices are low and later selling them elsewhere for profit – in the first eight months of the current year (March 21-Novemebr 21)…
Economy
An Iranian petrochemical company will export its first shipment to Europe after a few years of hiatus in exports due to US-led sanctions over Tehran’s nuclear energy program, reported iribnews on…
Economy
Heavy profit-taking pressure coupled with lingering uncertainties surrounded the equity market and pushed stocks to experience a fresh downturn since November 15, wiping out a batch of gains made…
Economy
A local industry official said that 33 mines have became operational, with estimated mineral reserves of 716 million tons in total, since the beginning of the current Iranian year (started March…
Economy
Competition among the rebar (reinforcing bar) producers to grab more market share has caused the prices to drop between 50 to 150 rials per kilogram in the steel market, Fooladnews reported…
Economy
Iranian bus manufacturers recorded zero output during the Iranian calendar month of Aban (ended November 21), reported ISNA.
During the similar period last year, major bus manufacturers…
Economy
The inflation rate in Iran's rural areas reached 17.3 percent in the Iranian month of Aban (ending November 21), down 1.6 percent from one month earlier, a recent report released by the…
Economy
The Central Bank of Iran has taken a “disciplinary” approach, rather than a contractionary one, to help the government curb inflation, and provide for an exit from recession at the same time, a…
Economy
The director of Aras Free Zone Organization said the most important thing for the northern trade zone is to develop more industrial projects by attracting foreign investors.
Economy
The Azadi gold coin advanced to a seven-month high driven by gold’s five-week rally as safe haven demand increased.
The Azadi benchmark surged 1.24 percent and hit 9,800,000 rials by 13:57…
Economy
The government spokesman has described the parliament’s report about a large withdrawal of money from the National Development Fund of Iran by the government as “unreal.”At a press conference held…
Economy
