Press TV

Russia’s VTB bank launches transfer services to Iran

Russia’s second largest bank the VTB has launched a first transaction service involving the Russian rouble and Iranian rial, according to reports published in the Russian media.

Financial Markets

Iranian delegation to visit India for final talks on Chabahar

Iran’s Ports and Maritime Organization (PMO) says it will send a delegation to India within the next week for final talks on India’s long-term presence in Iran’s port of Chabahar.

Transportation

Iran’s economy grows 3.6% in Q3: Chief banker

Central Bank of Iran (CBI) Governor Ali Salehabadi says the country’s economy grew by 3.6% in the quarter to September 22.

Macro Economy

Gas swap with Russia expected to earn Iran at least $6 billion a year

A potential gas swap deal with Russia could earn Iran at least $6bn a year, according to IRENEX figures.

Energy

Iran’s eight-month exports to Iraq hit $4.3 billion

Iranian trade authorities say exports to neighboring Iraq picked up in November after months of dropping sales.

Trade

Iran denies ban on car imports from China

Iran says there will be no ban on car imports from China like one imposed on French suppliers.

Mine and Industry

Official puts Iran’s thermal power capacity at nearly 73 GW

Iran’s Thermal Power Plants Holding Company (TPPH) says electricity generation capacity from the country’s thermal power plants has reached nearly 73 gigawatts (GW).

Energy

Iran Air reports 60% surge in its international flights

A senior official from Iran’s transportation ministry says the country’s flag carrier Iran Air increased the number of its international flights by more than 60% in the calendar year to late March.

Transportation

Iran unveils first home-made Euro-6 vehicle

Iran’s largest manufacturer of commercial vehicles the Iran Khodro Diesel Company (IKDC) has unveiled a first home-made diesel vehicle with the Euro-6 emissions technology.

Mine and Industry

Iran’s eight-month tax revenues top $8.85 billion

Iran collected around $8.85 billion worth of tax in the eight months to November 21, according to a report that cites data from the Iranian National Tax Administration (INTA).

Macro Economy