Economy

Tehran Stock Exchange’s main index lost 83.50 points or 0.11% to end Saturday trade at 78,652.7.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

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Oil Minister Bijan Namdar Zanganeh said Iran aims to increase crude oil production by around 200,000 barrels a day before the fiscal year is out in March 2018.

"Iran's oil output will reach…

Iran’s Ministry of Industries, Mining and Trade has said it expects local carmakers to boost exports tenfold during the current fiscal that started in March. The second edition of the ministry’s…

Iran Khodro Company, the largest automaker in Iran, has started the presale of its new Peugeot 2008 crossover without announcing the final price.

IKCO is now taking 600 million rials ($16,…

Peugeot has released images of its soon-to-be introduced pickup truck it intends to sell in Sub Saharan Africa market.

Sub Sahara Africa is a becoming a hot market for rough-and-ready…

Major new agreements between Iranian airlines and rival plane manufacturers Boeing and Airbus were unveiled over the weekend, based on which Iranian carriers are to buy a total of 83 passenger…

The Financial Action Task Force has decided to continue the suspension of counter-measures against Iran, “in light of Iran’s demonstration of its political commitment and the…

Ahead of a highly-anticipated decision by the Financial Action Task Force regarding Iran, support for the country is growing even as the US is wielding its influence to reinstate countermeasures…

The unification of foreign exchange rates should be accompanied by setting real exchange rates, otherwise the plan will fail as in the past, the head of Iran Export Confederation said. …

Tejarat Bank ranks first in adhering to transparency standards, according to data released by Majlis Research Center, the bank’s chairman announced.

The housing sector has entered its "first phase of recovery" and is on the threshold of a pre-boom trajectory that should eventually lead to an upturn, according to a leading real estate expert.…

A total of 5,000 tons of sesame seeds worth close to 216.5 billion rials (nearly $5.8 million) were imported during the first month of the current Iranian year (started March 21), according to…

Exports to Kenya and Tunisia increased by 18% and 22% respectively in the last Iranian year (ended March 20, 2017) compared with the year before, Trade Promotion Organization of Iran announced.…

Iran is shipping 1,100 tons of fruits and vegetables to Qatar every day after Persian Gulf countries led by Saudi Arabia cut relations with Doha.

Saudi Arabia, the UAE, Bahrain and Egypt…

The goods and services Consumer Price Index for urban areas increased 7.4% in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad, compared with last year’s…

Close to 290,000 tons of bitumen worth 1.76 trillion rials ($47.08 million) were exported from Iran in the first month of the current Iranian year (March 21-April 20), the Islamic Republic of Iran…

Iran’s largest steelmaker, Mobarakeh Steel Company, has started the test run of its 5-million-ton per year iron ore pelletizing plant in Sangan mineral zone in northeastern Iran, Iranian Mines and…

The Ministry of Roads and Urban Development’s proposal for a 2% rise in taxes on road transportation of goods from the current 3% to 5% to boost rail transit will hit production hard, the head of…

Mouteh Gold Mine produced 65 kilograms of gold ingots during the first two months of the current Iranian year (started March 21), registering a 48% growth compared with last year’s corresponding…

Deputy Minister of Industries, Mining and Trade Mohsen Salehinia has declared that a longstanding recession plaguing the Iranian industrial sector is now a thing of the past.

Tehran Stock Exchange’s main index lost 730 points or 0.9% during the week that ended June 21 to close at 78,736.

The smaller over-the-counter Iran Fara Bourse’s benchmark, IFX, gained 1.1…

The prices of imported hot-rolled and cold-rolled coils in Iran remained unchanged over the past week.

With the holy month of Ramadan coming to an end, buying activity has resumed, with a…

The trilateral engagement involving India, Iran and Afghanistan discussed during the visit of Indian Prime Minister Narendra Modi to Iran in May 2016 expanded avenues of trade for India with Iran…

India fired a rocket carrying 31 small satellites into space on Friday, several of them for European countries looking for high resolution earth images, underlining its strength as a low-cost…

Founder of Anetwork, an Internet advertising firm, has castigated the director of the ICT Guild Organization, Naser-Ali Sa’adat, for opposing the establishment of the Iranian Guild for Online…