EghtesadOnline: Economic constraints and Covid-19 have taken a toll on Tehran public transportation, as they push the sector to the verge of bankruptcy, the head of Tehran City Council’s Transportation Commission said.
EghtesadOnline: Iran-India economic linkages have been impacted significantly, ever since the withdrawal of the US from JCPOA (the formal name of Iran nuclear deal—the Joint Comprehensive Plan of Action) in 2018.
EghtesadOnline: The 28th Executive Committee and the 18th General Assembly of the Economic Cooperation Organization’s Chamber of Commerce and Industry (ECO-CCI) is scheduled to hold a web conference on Oct. 19.
EghtesadOnline: Iran attracted $3.8 billion of foreign investments during the first half of the current fiscal year (March 20-Sept. 21) for the projects approved by the Organization for Investment, Economic and Technical Assistance of Iran.
EghtesadOnline: If the European Union wants the full implementation of transparency and confidence-building measures under the 2015 nuclear deal, it is essential that they stand up to the United States’ “economic terrorism” against Iran, the Iranian top diplomat said.
EghtesadOnline: A plan to launch an international stock exchange is getting the finishing touches and is scheduled to be launched by late October, the economic deputy to the secretary of Iran's High Council of Free Trade and Special Economic Zones said.
EghtesadOnline: Switzerland’s Foreign Minister Ignazio Cassis said Bern continues to stand by Tehran to help it address the economic challenges arising from the United States’ tough sanctions.
EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran's overall economy settled at 46.43 in the month ending August 21 from 45.47 in the month ending July 21, indicating 0.96 points or 2.11% improvement.
EghtesadOnline: Free or subsidized electricity cannot help tackle the array economic ills and challenges, but wrong policies will certainly lead to more complex issues, a veteran economist says.
EghtesadOnline: Iran’s gross domestic product saw a contraction of 3.5% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, the Statistical Center of Iran’s latest report shows.