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Majlis: Compound Interest Is a Problem

EghtesadOnline: The Majlis has asked the government to eliminate the policy of compound interest rates in banks to help promote domestic production, and the Rouhani administration is expected to inform lawmakers about what it thinks of the prospect.
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Publish Date:17/April/2019 | 14:30

More Flooding More Draught: Climate Change Impact Discernible

EghtesadOnline: Iran registered 293 millimeters of rainfall since the beginning of the current water year in September. Precipitation in nearly 7 months rose 200% compared to the same period last year, and 65% over and above the annual average registered over the past half century.
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Publish Date:17/April/2019 | 14:28

Stocks in Tehran Add Value

EghtesadOnline: After recording a whopping growth of 5,700 points on Monday, the main gauge of Tehran Stock Exchange continued its upward movement on Tuesday. TEDPIX recorded a fresh record by entering the 202,000 point in midday trading but lost some ground to finally close 84.97 points higher at 201,890.
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Publish Date:17/April/2019 | 14:26

Caspian Sea Water Transfer Awaiting Pilot Project Result

EghtesadOnline: The proposal to transfer water from the Caspian Sea in the north to the drought-hit central plateau has been approved by the Majlis and the related desalination project is having a pilot run, the energy minister said.
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Publish Date:17/April/2019 | 14:24

No Oil Spill Reported Near Hoor al-Azim Wetland

EghtesadOnline: Despite the recent floods there has been no report of oil spill in Khuzestan Province oilfields, most of which are located in or near the famous Hoor al-Azim Wetland, the production manager of National Iran ian South Oil Company, a subsidiary of the National Iran ian Oil Company said.
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Publish Date:17/April/2019 | 14:22

Iran Govt’ Wants to Reform the Rial: Deleting Four Zeros

EghtesadOnline: The plan to remove four zeros from the rial is on the government agenda, again. The oft-mentioned move was proposed in the past by Central Bank of Iran as part of a broader plan to revisit the monetary system.
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Publish Date:17/April/2019 | 14:20

Iran ian Industrial Performance Showing Steady Improvement

EghtesadOnline: Latest economic indicators for manufacturing sectors provided by the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture suggest Iran ian industries have improved their performance.
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Publish Date:17/April/2019 | 14:10

Foreign Games Dominate Iran Android Market

EghtesadOnline: Mobile games developed by foreign firms dominate Iran ian Android market Cafe Bazaar and only 28% of video games published on the platform are made locally.
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Publish Date:17/April/2019 | 14:06

Iran comes Up With New Rules to Stop Spam

EghtesadOnline: As part of new regulations announced by the High Council of Cyberspace, all mobile network subscribers are allowed to send a definite number of messages on a daily basis from April 14.
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Publish Date:17/April/2019 | 14:04

Solar Power Evolving in Iran 's Kerman

EghtesadOnline: An estimated 1,690 five megawatt photovoltaic power stations will become operational next month in Kerman Province, the deputy manager of the provincial Electric Power Distribution Company said.
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Publish Date:17/April/2019 | 14:02

Paris Eager to Hold Talks on Region

EghtesadOnline: The new French ambassador in Tehran said Paris intends to hold talks with Iran on regional and international affairs.
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Publish Date:16/April/2019 | 14:03

Tehran Stocks Keep Climbing

EghtesadOnline: After crossing all-time highs on Sunday, the stock market conquered new peaks Monday breaking through another resistance level.
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Publish Date:16/April/2019 | 14:00

Iran : Q1-3 Economic Growth at -3.8%

EghtesadOnline: Iran 's gross domestic product saw a contraction of -3.8 during the three quarters of the last fiscal year (March 21-Dec. 21, 2018) compared to the corresponding period of the year before, the Statistical Center of Iran 's latest report shows.
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Publish Date:16/April/2019 | 13:57

Iran Petrochem Export Generated $10.6 Billion in Last Fiscal

EghtesadOnline: The National Petrochemical Company's export revenues reached $10.6 billion in the last fiscal year (ended March 20), said the head of Nouri Petrochemical Company in southern Bushehr Province.
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Publish Date:16/April/2019 | 13:46

MPs Go Ballistic Against Dysfunctional Automakers

EghtesadOnline: With the car market getting out of its Norouz Holiday hiatus, vehicle prices have once again started their rally. Irked by the latest price hikes, the Majlis has gone ballistic against the dented auto industry.
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Publish Date:16/April/2019 | 13:43