Zarif: Iran ready to talk with India over gas price

Tehran(KNA) : Iranian Foreign Minister Mohammad Javad Zarif said that the Islamic Republic of Iran is ready to start negotiations with Indian officials regarding the price of gas delivered to Indian firms in Chabahar port.

1/8/2019 11:14:00 AM

Draft bill prepared to cut zeroes from national currency

Tehran (KNA): The Central Bank of Iran (CBI) submitted the draft of a bill to slash four zeroes from the national currency, rial, to the cabinet, Tasnim news agency quoted the governor of the CBI as saying on Sunday.

1/7/2019 4:38:00 PM

Nobel Prize winner and hedge fund founder: This is all you need to know to invest your money

Tehran(KNA) : Richard Thaler won the 2017 Nobel Prize in economics for his work on how humans may not act as rationally as economists' models assume. The acclaimed U.S. economist also happens to help run a highly successful hedge fund: Fuller & Thaler Asset Management, which has almost doubled the S&P 500's gains since the beginning of the bull market in 2009.

1/5/2019 1:17:00 PM

Iran petchem output to hit over 100 mt/y by 2025

Tehran (KNA) - The CEO of the National Petrochemical Company (NPC) said Iran’s petrochemical production capacity would exceed 100 million tons per year once the sector completed its under-construction projects by 2025.

1/2/2019 8:19:00 PM

Iran hopes for presence of major liners in Chabahar Port

Tehran (KNA) - Managing Director of Ports and Maritime Organization Mohammad Rastad said he hopes that the activities of Indian operator in Chabahar Port will pave the ground for the increased presence of major world liners in the port.

1/1/2019 9:21:00 PM

Iran’s non-oil exports hit over $33bn

Tehran (KNA) - The latest report by Iran’s Customs puts the country’s non-oil exports in a nine-month period at 86.94 million tons worth $33.358 billion, showing a 5.4% growth compared to the same period last year.

12/30/2018 8:14:00 PM

Iran-India ‘preferential trade’ talks near completion

Tehran (KNA) - A senior official at Iran’s Trade Promotion Organization (TPO) announced Mon. that Iran and India are on the verge of finalizing a ‘preferential trade’ agreement, which will come into force in near future.

12/24/2018 8:59:00 PM

Pistachio exports slide in two months

Tehran (KNA) - Iran exported 8,000 tons of pistachio during the past two Iranian months (Oct. 23- Dec. 21), indicating a drastic decline in comparison with the similar period of last year, a senior official said.

12/22/2018 10:12:00 AM

Iraq receives waiver extension to import Iranian gas, power

Tehran (KNA) - The United States has extended for 90 days a waiver given to Iraq from sanctions against Iran, a State Department spokesman said on Friday, allowing Baghdad to keep importing Iranian gas that is critical for Iraqi power production.

12/22/2018 10:11:00 AM

South Pars gas production set to reach 630 mcm/d by March

Tehran(KNA): Iran’s gas recovery for the giant South Pars Gas Field in the Persian Gulf is projected to increase by 56 million cubic meters per day by the end of the current fiscal (March 2019), which will increase the field’s total gas production capacity to 630 mcm/d.

12/16/2018 1:19:00 PM