Economy

The National Iranian Gas Company (NIGC) has introduced a new household gas pricing system designed to improve fairness and energy efficiency. The scheme, implemented in late September as part of…

Iran’s annual inflation rate reached 38.9% in the Iranian month of Mehr (September 22–October 21), according to the Statistical Center of Iran. The latest Consumer Price Index (CPI) stood at 403.8…

The Tehran Stock Exchange main index (TEDPIX) edged up briefly on Sunday to close the second trading day in green, with most indices contributing to the benchmark’s lift.

As the equity…

The TEDPIX’s early morning rally failed to win over the entire stock market and fell during the course of the day; though it did tick higher on Saturday.

The Tehran Stock Exchange’s (TSE)…

A long-delayed 40-km tunnel to divert water from Kanisib Dam in Piranshahr, West Azarbaijan Province, to Urmia Lake started to flow on Saturday, the project manager said.

Tehran Stock Exchange’s benchmark index TEDPIX jumped by 1,549 points or 2.03% during the trading week that ended August 3 to close at 77,883.

TSE trading days start on Saturday and end on…

The Iranian National Tax Administration earned 2,314 trillion rials ($7.73 billion) in tax income during the first four months of the current fiscal year (March 21-July 22). The figure stood at…

A tripartite meeting will be held with the participation of Iranian, Azerbaijani and Russian officials to discuss the diversification of routes located on the International North-South Transport…

The first steam unit of West Karun Power Plant in Dasht-e Azadegan County, Khuzestan Province, has come on stream. With a production capacity of 198 megawatts, the unit is to help supply…

Iran is among the top remittance recipients in the Middle East and North Africa region. According to the World Bank’s new Migration and Development Brief, with $1.3 billion, Iran was the eighth…

There is no shortage of grievances in Iran, so explaining the recent protests that have engulfed the country is not hard. 

Iran and Oman traded more than $111 million worth of goods in one month to register high growth.

Iran began the new fiscal year on March 21, having recorded an estimated GDP growth rate of about 4% over the previous year and 3% for the non-oil sector.  The consumer price index has…

Iran exported a record high of 12,500 tons of farmed shrimp valued at $54 million during the 11 months of the last Iranian year (started March 21, 2015), an official with the Iran Fisheries…

Tehran Stock Exchange’s benchmark index lost 5 points or less than 0.01% during the trading week that ended September 21 to close at 76,451.

TSE trading week begins on Saturday and ends on…

The World Bank has once again revised up its forecast about Iran’s economic growth in 2022. In a new report titled “Reality Check: Forecasting Growth in the Middle East and North Africa in…

Tehran Stock Exchange’s primary index TEDPIX added 106 points or 0.1% during the trading week that ended April 5 and stood at 77,690.

IFX, the main index of over-the-counter market Iran…

Majlis, the Iranian Parliament, agreed in principle over the budget bill outlines proposed by the government of President Ebrahim Raisi for the fiscal 2022-23. In a Sunday vote, 174 MPs voted…

The Adani Group has removed a ban on exports and imports to and from Afghanistan, Pakistan and Iran at its Mundra Port in India, reversing an order issued in October. The company said it…

Over half of all passenger aircraft in Iran have been grounded due to technical problems, according to the vice president of Iranian Airlines Association’s board of directors. “Presently, more…

The second phase of Kermanshah Petrochemical Industries Company in the namesake western province will be completed by 2023, Kermanshah’s governor-general said. “Upon the launch of the second…

Non-revenue water loss in the last fiscal year (March 2020-21) is estimated at around 2,000 billion liters, accounting for 25% of the total water supply that stood at 8,000 billion liters.

Visa requirements have reportedly been eased between Iraq and Iran. Iran's Ambassador in Baghdad Iraj Masjedi has been quoted as saying that visas are now not required by Iranians arriving in…

Tehran Stock Exchange’s main index shed 701.5 points or 0.88% during the week that ended January 4 to end at 78,990.3.

IFX, the over-the-counter Iran Fara Bourse’s benchmark, lost 19.6…

The Stock Exchange High Council has formally appointed Mohammad Fetanatfard as the new chairman of the Securities and Exchange Organization (SEO), during a meeting held on Monday's afternoon, ISNA…