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Rise of charity in response to neoliberalism led to waqf revival
University of Toronto scholar Nada Moumtaz:
IRAN DAILY: What conditions have led to, as you observe in your book, the surge of charity worldwide in the most recent decades?
Industry Ministry: Foreign investment rose 52% last year
The total volume of foreign investment in Iran’s industry, mining, and trade sectors increased by 52.2 percent to reach more than $3.7 billion over the last calendar year compared to the year before.
Iran’s natural gas output to increase by 45 mcm in year to March
The National Iranian Gas Company (NIGC) will add around 45 million cubic meters (mcm) per day to the country’s natural gas output in the year to March 2023, said the CEO of the state-run company as he indicated that Iran’s gas supply to Iraq and Turkey may increase in the future.
TEDPIX gains nearly 25,000 points on Wednesday
TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 24,918 points to 1,564,449 on Wednesday.
Price of oil rises as supply concerns persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as impending European Union sanctions on Russian oil raised the prospect of tighter supply.
Oil rebounds on China demand concerns in see-saw trading
Oil prices rose modestly in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand.
US inflation climbed to 8.5% in March, highest rate since 1981
Prices in the US climbed at their highest rates since 1981, rising 8.5% over the year to the end of March, the labor department announced.
Oil rises on OPEC warning, easing of Shanghai COVID curbs
Oil prices climbed on Tuesday as Shanghai's relaxation of some COVID-19 restrictions eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia.
Inflation in UK grows, leads to increase in cost of living in March
Households in the United Kingdom are continuing to feel the effects of inflation, with some 83 percent of adults experiencing an increase in the cost of living in March compared with around 62 percent in November, according to the Office of National Statistics.
Chinese tech stocks mostly rise
Shares in Chinese tech firms mostly rose in mixed Asia-Pacific trading on Monday, with oil prices falling more than 3%.
Iran raises minimum wage for workers by nearly 60%
Iran increased minimum wage payable to workers by nearly 60% as a government that came to office in August moves ahead with plans to bridge economic gaps for low-paid people in the country.
Tehran reports 61% increase in number of COVID-19 hospitalizations in one week
Tehran’s Governor General Mohsen Mansouri announced 61 percent increase in the number of COVID-19 hospitalizations in the capital compared to last week amid a sharp rise in the number of infections across the country.
COVID-19 cases on the rise in Iran
The number of people diagnosed with the coronavirus in Iran increased by around 22 percent compared with a day earlier, raising alarms about a new wave of pandemic caused by the mutated variant, Omicron.
Oil steady as rising Libyan output offsets supply worries
Oil prices were steady on Monday as investor bets that global supply will remain tight amid restraint by major producers were offset by a rise in Libyan output.

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