EghtesadOnline: The Association of Homogeneous Propulsion Industries and Component Manufacturers stated that a bulk of the auto spare parts and components pertain to luxury and expensive cars, which are smuggled along with low-quality and counterfeit parts.
EghtesadOnline: Point-to-point inflation rate reached 68.6% in the first month of the fiscal 2022-23, which constitute the peak of inflation in Iran's economy.
EghtesadOnline: These days, the foreign exchange market is gripped by fluctuations in the US dollar price. In general, two categories of factors affect its price.
EghtesadOnline: Tehran Stock Exchange's main index, TEDPIX, lost 1,110.43 points or 0.05% in muted trading on Wednesday to end at 2,288,439.03 while the TSE equal-weighted index edged up a poor 0.03%.
EghtesadOnline: Tehran Stock Exchange's main index, TEDPIX, lost 1,110.43 points or 0.05% in muted trading on Wednesday to end at 2,288,439.03 while the TSE equal-weighted index edged up a poor 0.03%.
EghtesadOnline: A total of ۴.۶۳ million tons of iron ore concentrate were produced by major Iranian mining companies during the first month of the current fiscal year (March ۲۱-April ۲۰), registering a ۵% increase compared with ۴.۴ million tons in the corresponding period of last year, new data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
EghtesadOnline: A 45-member business delegation from Jilin, a northeastern Chinese province, is scheduled to visit Tehran on Wednesday.
EghtesadOnline: "Leisure and Culture", one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 39.2% in the second month of the current Iranian year (April 21-May 21).
EghtesadOnline: Growth is expected to slow in Iran to 2.2% in FY 2023-24, from 2.9% in the previous fiscal year, as oil exports and government consumption growth slows.
EghtesadOnline: Iran and Russia have firm intentions for long-term cooperation in the petrochemical sector for unleashing shared potentials.