Iran Financial News

TEHERAN : India could have played a more active role in West Asia, said Iranian Deputy Foreign Minister Ali Bagheri Kani, just months after China helped broker a key normalisation pact between Iran and Saudi Arabia. Speaking to a delegation of Indian journalists in Tehran, Kani said Indian diplomacy had shown “passivity" in the region in contrast to China. “I believe,among the great powers of the world, it is the Chinese party that has emerged victorious because it did not allow the United States’ illegal restrictions to affect its bilateral relations with different countries.

Russian experts think the Central Bank will roll out its digital ruble by 2025, with the nation’s biggest banks expressing their eagerness to work with the central bank digital currency (CBDC).

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

A lawyer representing Chinese citizens in Florida has told a federal judge that a new law banning them and some other foreign nationals from purchasing property in large swaths of the state violates federal housing discrimination laws

U.S. federal prosecutors can’t auction off 800,000 barrels of seized Iranian oil sitting in a Greek tanker off the coast of Texas because U.S. companies are reluctant to unload it, according to people familiar with the matter.

NEW DELHI : India and Iran plan to step up operationalizing the International North South Trade Corridor (INSTC) in a move to boost trade with Russia, according to Mohammad Miri, an advisor to the Chabahar Free Zone in Iran. Following up on earlier agreements, a trial shipment to test trade links from Russia to India will be attempted in the next 6-8 months. The shipment will go through the strategically vital Chabahar Port, while an earlier shipment in 2022 went through the more established Bandar Abbas port.

NEW DELHI : India and Iran plan to step up operationalizing the International North South Trade Corridor (INSTC) in a move to boost trade with Russia, according to Mohammad Miri, an advisor to the Chabahar Free Zone in Iran. Following up on earlier agreements, a trial shipment to test trade links from Russia to India will be attempted in the next 6-8 months. The shipment will go through the strategically vital Chabahar Port, while an earlier shipment in 2022 went through the more established Bandar Abbas port.

NEW DELHI : India and Iran plan to step up operationalizing the International North South Trade Corridor (INSTC) in a move to boost trade with Russia, according to Mohammad Miri, an advisor to the Chabahar Free Zone in Iran. Following up on earlier agreements, a trial shipment to test trade links from Russia to India will be attempted in the next 6-8 months. The shipment will go through the strategically vital Chabahar Port, while an earlier shipment in 2022 went through the more established Bandar Abbas port.

Iran has relaunched patrols by the 'morality police' in a bid to escalate their efforts to enforce the country's mandatory hijab rules, Al Jazeera reported.Saeid Montazeralmahdi, the spokesperson for the Iranian law enforcement force, confirmed on Sunday that police patrols were now operational on foot and with vehicles to crack down on people whose covering is not deemed appropriate in the Islamic Republic. The morality police would «issue warnings and then introduce to the judicial system people who unfortunately insist on their norm-breaking behaviour without concern for the consequences of their covering that is outside of the norm», Al Jazeera quoted Montazeralmahdi as saying citing state media.

Iran's police said it has formally restored street patrols in a fresh crackdown on women who violate the country's strict dress laws. The announcement comes months ahead of the anniversary of deadly protests that erupted in September following the death of 22-year-old Mahsa Amini in police custody.

As tensions rise in the occupied territories and with Iran, the Israel Defense Forces are reportedly utilizing artificial intelligence (AI) to choose targets for air strikes and manage logistics during wartime.

By Dan Williams

Finland, the country I have been living in off and on for the last six years, is ranked No. 1. The word ‘serendipity’ was coined by Horace Walpole in the 1750s after he read a fairy tale, ‘The Three Princes of Serendip,’ itself an adaptation of Amir Khusro’s 14th century Persian poem, ‘Hasht-Bihisht’ (The Eight Paradises), Serendip being the archaic name for Sri Lanka.

Syria across the Middle East. Speaking to Pentagon reporters, the official said the US will send F-16 fighter jets to the Gulf region this weekend to augment the A-10 attack aircraft that have been patrolling there for more than a week.

AP, a high-ranking defence official revealed on Friday that the US is bolstering its efforts to safeguard ships from potential Iranian aggression. The official further emphasized the mounting apprehension regarding the strengthening alliances between Iran, Russia, and Syria across the Middle East.

Investing.com — With U.S. inflation data and rate hike concerns baked into the cake, OPEC did a grandstanding Thursday on its demand forecast for the current year and next to show all was hunky and dory with the oil market. 

The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger.

New York Post, this gaffe occurred just a day after Zelensky expressed frustration at Ukraine not receiving an invitation to join the North Atlantic alliance, only to retract his statement shortly afterwards. “Vladimir and I … I shouldn’t be so familiar," Biden said during a press conference in the Lithuanian capital.

Kyiv killed one person and wounded at least four others, authorities said on Thursday, with explosions heard across the Ukrainian capital in the third night of attacks. «Tonight, a massive attack by Iranian drones took place,» Kyiv's military administration said on Telegram. Iran-made Shahed explosive drones had «entered the capital from different directions,» it said, adding «about a dozen» had been downed in the city's airspace. Falling debris was reported in five districts, it said, adding that a 19-year-old woman and 23-year-old man had been hospitalised with shrapnel wounds. Two people were wounded in Darnytsky district «as a result of falling debris,» Sergiy Popko, head of Kyiv's military administration, wrote on Telegram.

Indonesian authorities say they have seized an Iranian tanker and arrested its crew members for illegally transferring oil to another vessel in the country’s exclusive economic zone

Iran’s president has begun a rare visit to Africa as his country under heavy U.S. economic sanctions seeks to deepen partnerships around the world