China risks making “big mistakes” as it cracks down on large swathes of its economy, said Raghuram Rajan, who was IMF’s chief economist from 2003 to 2006.

China risks making “big…

Days after a massive drug haul at the Mundra Port in Gujarat made the Adani Ports and Special Economic Zone (APSEZ) issue a trade advisory stating that it will not handle any…

New data released by the Supreme Audit Court of Iran show the government supplied 82.5% of public resources in the last fiscal year’s budget (2020-21), as expenditure hit over 125% of the target…

A truck crossed the Incheh Borun land border with Turkmenistan in the northeastern Golestan Province on October 14 to mark the reopening of this crossing after 20 months since the outbreak of…

The Saudi foreign minister said the kingdom is “serious” about talks with Iran, signaling Riyadh’s desire to repair relations between the two regional powers. A Saudi official added that Riyadh…

Discussions with the European Union envoy who coordinates talks on the revival of the 2015 nuclear deal were “positive”, according to Iran’s foreign minister, and both sides have agreed to carry…

The Oil Ministry is to invest $4.5 billion for the development of the upstream gas sector in the Fars Province, the oil minister said on Thursday while visiting the southern province.

As peak summer demand peters out, electricity exports to Iraq, Pakistan and Afghanistan, which were halted to help stabilize power supply in summer, has resumed, a deputy energy minister said…

The laureates of the fourth round of Mustafa Prize, granted to top researchers and scientists from the Organization of Islamic Cooperation member states, were announced on Oct. 12.

Iran Post Company, the state-owned corporation responsible for providing postal services in the country, has launched five tech centers to upgrade its services with the help of the local…

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The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels, in the country’s urban areas during the fourth quarter of last Iranian year (Dec. 21-…

Iran is expected to more than triple its wheat imports in the 2021-22 marketing year and could import up to 8 million tons after hot and dry weather conditions in the region, while at least half…

The Statistical Center of Iran has released the finding of a survey on Iranian households’ buying behavior in the fiscal 2020-21. Over half (51.8%) of the households who purchased electronic…

The northern Gilan Province is offering 80% discount on port tariffs, 60% on marine transportation fees and full exemption on storage costs to Ro-Ro vessels that dock in the harbors of this…

The government on Wednesday appointed five new members to the High Council of Securities and Exchange, the capital market decision-making body.

Export Guarantee Fund of Iran, the country's state-owned export credit agency, has managed to expand its support for exporters of non-oil goods and services, the Fund's financial statement shows…

The dollar bucked the declining trend on Wednesday after falling below the psychological support level of 270,000 rials a session before. Trade under the support level was short-lived as rates…

Extending losses in the previous session, Tehran stocks plunged at the close of trade on Wednesday as panic selling took hold. The market cap-weighted benchmark of Tehran Stock Exchange, TEDPIX…

Attempts to control market prices frequently backfire, so the Iranian government needs to come up with new strategies to answer calls for economic transformation and improvement. This was…

Edible oil imports stood at 1.1 million tons worth $1.5 billion during the first six months of the current Iranian year (March 21-Sept. 22), registering a 173% and 351% growth in weight and…

The International Monetary Fund expects Iran’s economy to grow 2.5% in 2021. IMF’s new World Economic Outlook report titled “Recovery During a Pandemic” forecasts GDP growth to decline slightly…

Iranian passengers who plan to fly abroad are advised to apply for the digital vaccination card issued by the Ministry of Health and Medical Education, according to an official with the Civil…

Enrique Mora, the European Union senior envoy who coordinates negotiations on reviving the 2015 nuclear deal, is set to meet Iranian Deputy Foreign Minister Ali Baqeri in Tehran on Thursday…

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