Economy

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The Islamic Republic of Iran stood higher than Turkey, Saudi Arabia, South Africa and Brazil in Industrialization Intensity Index, research conducted by the Iranian Parliament Research Center (IPRC) said.
News ID: 8756    Publish Date : 2020/03/17

The Ministry of Economy has sent requests to multilateral development banks, in which Iran is a member, for financial and non-financial assistance for controlling, combating and treating the coronavirus.
News ID: 8719    Publish Date : 2020/03/14

India's plans to add more coal-fired power plants and grow its renewable energy portfolio is facing a threat from the coronavirus outbreak, which has hit manufacturing and put further pressure on the economy.
News ID: 8699    Publish Date : 2020/03/12

Opec+ is discussing cutting as much as 1mn b/d from current oil production quotas, which could take the group's total cuts to 3.1mn b/d below October 2018 levels, sources say.
News ID: 8574    Publish Date : 2020/03/04

China's government is suspending or reducing port fees and other transport costs, a move that is expected to help revive exports and imports as the country recovers from the coronavirus outbreak.
News ID: 8573    Publish Date : 2020/03/04

Updates with Fed's interest rate cut in first two paragraphs
News ID: 8556    Publish Date : 2020/03/03

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.
News ID: 8547    Publish Date : 2020/03/02

Vietnam's coal imports increased in January compared with a year earlier, but growth eased from December as electricity generation dipped. And a slowdown in industrial activity because of the coronavirus outbreak could weigh on the near-term outlook for imports.
News ID: 8513    Publish Date : 2020/02/27

The rapidly spreading coronavirus outbreak in South Korea is forcing airlines to cut more flights and leading to a downward revision in economic forecasts for the country, a major regional importer of crude and exporter of oil products and petrochemicals.
News ID: 8480    Publish Date : 2020/02/24

Adds upated case tally in paragraph 5; details of more flight cuts, steel plant closure in paragraphs 7-8
News ID: 8478    Publish Date : 2020/02/24

Iranian Economy Minister Farhad Dejpasand announced that investment of foreign states in Iran has increased in the first 9 months of the current year (ending on March 19) despite the harshest pressures and sanctions by Washington.
News ID: 8326    Publish Date : 2020/01/23

Iranian Economy Minister Farhad Dejpasand called on the Financial Action Task Force to protest at the US allocation of a budget for terrorist acts like assassination of IRGC Qods Force Commander Lieutenant General Qassem Soleimani.
News ID: 8232    Publish Date : 2020/01/07

The value of non-oil exports from Iran’s Northwestern province of East Azerbaijan has surpassed $2.38 billion in the first 9 months of the current local calendar year (March 21-December 22) which shows a 100% rise in comparison with the figures from the last year.
News ID: 8180    Publish Date : 2020/01/01

Iranian President Hassan Rouhani underlined the importance of digital economy in future world, and declared his nation's preparedness to kick off cooperation with the Islamic states in developing artificial intelligence technology.
News ID: 8016    Publish Date : 2019/12/18

Indian Deputy National Security Advisor Rajinder Khanna said joint investment by Tehran and New Delhi in Chabahar port will be a major help to the flourishing and enhancement of Afghanistan's economy.
News ID: 8015    Publish Date : 2019/12/18

China is breaking records for crude oil imports and is not likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the US will bolster the economy.
News ID: 8012    Publish Date : 2019/12/17

A slowdown in the real estate sector may pressure China's steel demand next year, according to analyst forecasts.
News ID: 8007    Publish Date : 2019/12/18

Liberty House Chairman Sanjeev Gupta is reportedly considering buying the Portland aluminium smelter in Victoria, in an attempt to save the Australian facility from likely closure.
News ID: 7990    Publish Date : 2019/12/17

The European aluminium industry is well-equipped to support the European Green Deal announced by the EU on November 11.
News ID: 7932    Publish Date : 2019/12/12

India's domestic rebar prices fell by 500-1,000 rupees/t ($7-14/t) this week as sales fell, reversing a brief increase in demand last week.
News ID: 7910    Publish Date : 2019/12/11

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