City Tehran Financial News
27.05 / 16:31
UPS
Cooper
Death
reports
International
Iran further increases its stockpile of uranium enriched to near weapons-grade levels
Iran has further increased its stockpile of uranium enriched to near weapons-grade levels, a confidential report by the United Nations' nuclear watchdog said Monday. The report, seen by The Associated Press, said Iran now has 142.1 kilograms (313.2 pounds) of uranium enriched up to 60% — an increase of 20.6 kilograms (45.4 pounds) since the last report in February. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%.
24.05 / 14:03
Citi
BURST
President
reports
Investigations
mountaineering
play
No sign of foul play in Iran president's deadly helicopter crash, early report says
Iran's military said no evidence of foul play or attack had been found so far during investigations into the helicopter crash that killed President Ebrahim Raisi, state media reported on Friday. Raisi, a hardliner who had been seen as a potential successor to Supreme Leader Ayatollah Ali Khamenei, was killed when his helicopter came down in poor weather in mountains near the Azerbaijan border on Monday.
21.05 / 12:33
Cooper
economy
War
prevention
International
America hits the global snooze button
“This is 1938," historian Timothy Snyder said at a weekend conference in Estonia. He warned that a Ukrainian defeat would shift the calendar to 1939. Many Americans still don’t fully grasp how serious the international situation has become.
21.05 / 03:43
Election
Opinion
Death
President
International
View: Iran’s President Raisi, who died in chopper crash, was a failure
Iranian presidents since the early 1980s have in essence been expressions of what the supreme leader thought he needed at the time. Ebrahim Raisi was not only a protégé of Ayatollah Ali Khamenei, but also closer in his purist religious and political views. So it matters that at home — where the future of the regime will ultimately be determined — the man chosen to restore faith in and obedience to the Islamic Revolution failed. Raisi came to power in 2021, claiming that Iran didn’t need a by-then-defunct nuclear deal with the West and could prosper by facing its “resistance economy” squarely to the east. He also quickly imposed a crackdown on female dress codes, in a demonstrative turn to a past where his revolutionary credentials — as “the Butcher of Tehran,” responsible for mass executions of regime opponents in 1988 —were impeccable.
21.05 / 03:19
Death
President
War
International
Saudi King Salman’s health, Iran President Raisi’s death spur succession bets
Iran’s president, some clarity is emerging about Tehran’s next steps. The bad news for western capitals and those Iranian activists pushing for change is that there’s little hope of a relaxation of political oppression, or of the antagonism directed at the US and its allies, according to western officials. They see the authoritarian regime as robust enough to carry on its current trajectory after Ebrahim Raisi’s death in a helicopter crash.
21.05 / 02:31
Citi
Death
President
Celebrity
country
social
In divided Iran, president's death met by muted mourning and furtive celebration
Iran proclaimed five days of mourning for President Ebrahim Raisi on Monday, though the muted atmosphere revealed little of the spectacular public grief that has accompanied the deaths of other senior figures in the Islamic Republic's 45-year history. While government loyalists packed into mosques and squares to pray for Raisi and Foreign Minister Hossein Amir Abdollahian, both killed in a helicopter crash, most shops remained open and the authorities made little effort to interrupt ordinary life.
21.05 / 01:51
UPS
Action
country
rights
Mint Quick Edit | Post-Raisi Iran: A hard state unlikely to soften
Ebrahim Raisi in a helicopter crash on Sunday along with that of foreign minister Hossein Amir-Abdollahian comes at an explosive moment in world affairs, with domestic and global implications. Raisi’s departure is expected to spark a power struggle in a country that has been in turmoil over mounting calls for democratic reforms and women’s rights.
20.05 / 22:35
Election
Death
President
students
country
Why was Iranian president Ebrahim Raisi called the 'Butcher of Tehran'?
Iranian President Ebrahim Raisi died in an apparent helicopter crash in the East Azerbaijan province of the country. Various human rights groups have nicknamed as the "Butcher of Tehran". What is the reason for this? What has the deceased President done to earn the notorious title?
20.05 / 18:47
UPS
Death
President
testing
President Raisi's sudden death to test Iran with West Asia already in turmoil
death of Iranian executive President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian in a helicopter crash on May 19 was a highly disruptive event that will test Iran and West Asia, both already in mayhem.
20.05 / 12:41
Election
Death
Trade
President
country
Ebrahim Raisi dies in helicopter crash: What does Iranian President's death mean for India-Iran ties?
expressed grief over the demise of Iranian President Ebrahim Raisi, who died in a chopper crash. In his condolence message on X, formerly Twitter, Modi said India stands with Iran in ‘this time of sorrow’. "Deeply saddened and shocked by the tragic demise of Dr.
20.05 / 07:43
Election
Death
War
country
reports
International
Iran helicopter crash: Who was Ebrahim Raisi? Protégé of Iran's supreme leader Ali Khamenei
Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian, and other officials, were found dead at the site of a helicopter crash on Monday, following an hours-long search through a foggy, mountainous area in the northwest of the country, state media reported. Newswire AP reported that Raisi has long been regarded as a protégé of Iran's supreme leader, Ayatollah Ali Khamenei, and a potential successor within the country's Shiite theocracy. The news of the helicopter crash, which Iran's state media referred to as a “hard landing" on Sunday, has drawn renewed attention to Raisi, who was under sanctions from the US and other countries for his alleged role in the mass execution of prisoners in 1988.
20.05 / 05:11
Death
wellness
President
War
country
Helicopter carrying Iran’s president suffers a ‘hard landing’ in misty forest
A helicopter carrying Iranian President Ebrahim Raisi, the country’s foreign minister and other officials apparently crashed in the mountainous northwest reaches of Iran on Sunday, sparking a massive rescue operation in a fog-shrouded forest as the public was urged to pray.
15.05 / 02:59
Booking
Aware
Remark
country
Department
"Don't think people should take a narrow view of it": Jaishankar on US' sanction warning after Chabahar Port deal
sanctions" after India inked a 10-year agreement for running the Chabahar Port in Iran, External Affairs Minister S Jaishankar emphasised that the project will benefit the entire region and people should not take a «narrow view» of it. He also pointed out that the US itself had appreciated the larger relevance of Chabahar in the past. The EAM was speaking at an interaction after the launch of the Bangla edition of his book 'Why Bharat Matters' in Kolkata on Wednesday.
15.05 / 01:35
Trade
President
country
Traffic
International
Mint Explainer: Why Iran’s Chabahar Port is vital to India's interests
Mint takes a closer look at what it means for India. India and Iran signed a long-term contract for the development of Chabahar Port during shipping minister Sarbananda Sonowal’s visit to Iran. Signed by Indian Ports Global Limited (IPGL) and the Port & Maritime Organisation of Iran, the agreement allows the Shahid Beheshti terminal at Chabahar Port to operate for 10 years.
14.05 / 02:07
Aware
Trade
country
reports
Department
India risks sanctions over Iran Chabahar port project, US State Department warns
India signed an agreement to operate the Chabahar Port in Iran for 10 years, the United States has warned that «anyone» considering business deals with Tehran needs to be aware of the «potential risk of sanctions.» The US State Department Principal Deputy Spokesperson, Vedant Patel, however, also said that it will let the Indian government speak on its foreign policy goals. «We are aware of these reports that Iran and India have signed a deal concerning the Chabahar Port, I would let the government of India speak to its own foreign policy goals, vis-a-vis the Chabahar Port as well as its own bilateral relationship with Iran,» Vedant Patel said in the press briefing on Monday (local time).
13.05 / 19:13
Provident
Trade
travelers
India signs deal with Iran to run Chabahar port
India and Iran signed a 10-year contract on Monday for the management of Chabahar port, putting the seal on what’s envisaged as a gamechanger in regional connectivity, rivalling China’s Belt and Road Initiative and being an alternative to Gwadar port in Pakistan. Shipping minister Sarbananda Sonowal travelled to Tehran for the signing of the new 10-year contract between India Ports Global Ltd (IPGL) and Ports & Maritime Organisation of Iran (PMO). ET was the first to report on the new Chabahar contract in its May 13 edition. Under the contract, IPGL will equip and operate the port for the duration of the contract. At the end of the 10-year period, both sides will extend their cooperation in Chabahar. IPGL will invest about $120 million in equipping the port, officials said. India has also offered a rupee credit window equivalent to $250 million for mutually identified projects aimed at improving Chabahar-related infrastructure, they said.
09.05 / 20:47
Target
President
War
information
reports
Yemen's Houthi rebels claim 2 attacks in Gulf of Aden as Iran official renews nuclear bomb threats
Yemen’s Houthi rebels have claimed responsibility for two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage
09.05 / 18:13
UPS
MET
FIVE
Waters
Department
Five Indian sailors on MSC Aries released, depart from Iran
diplomatic breakthrough, five of the Indian sailors on board an Israeli-linked vessel seized by Tehran were released on Thursday and have departed from Iran, the Indian embassy in Iran said. The Indian Embassy, while sharing details of their release, thanked the Iranian authorities for their close coordination with the Embassy and Indian Consulate in Bandar Abbas. «5 of the Indian sailors on MSC Aries have been released and departed from Iran today evening. We appreciate the Iranian authorities for their close coordination with the Embassy and Indian Consulate in Bandar Abbas, MEA official spokesperson Randhir Jaiswal posted on X.
07.05 / 14:17
Digital
Entertainment
Mobile
Healthcare
Trade
NXT
country
Hindujas get a 360-degree makeover but need to smoothen rough edges
Ashok Leyland, the group’s flagship company run for decades with strong professionals, also recently said it will launch six new LCV truck models in the next 12 months. Both the above are in the realm of possibilities and indicate potential growth trajectories for the group. The contrast between the Hinduja Group’s past and its present form is striking and multi-faceted.
03.05 / 02:29
CBDC
Digital
Trade
Iran and Russia Working on Bilateral CBDC-powered Trade Solutions
Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed.
23.04 / 08:33
Citi
Target
War
country
Iran's supreme leader tacitly acknowledges Tehran hit little in its massive attack on Israel
Iran's supreme leader on Sunday dismissed any discussion of whether Tehran's unprecedented drone-and-missile attack on Israel hit anything there, a tacit acknowledgment that despite launching a massive assault, few projectiles actually made through to their targets. Ayatollah Ali Khamenei's comments before senior military leaders didn't not touch on the apparent Israeli retaliatory strike Friday on the central city of Isfahan, even though air defenses opened fire and Iran grounded commercial flights across much of the country. Analysts believe both Iran and Israel, regional archrivals locked in a shadow war for years, are trying to dial back tensions following a series of escalatory attacks between them as Israel's war on Hamas in the Gaza Strip rages on and inflames the wider region.
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