Protests over rising prices spread across Iran as students join demonstrations
Tehran: Protests triggered by Iran’s worsening economic conditions spread to universities and commercial centres on Tuesday. Students joined shopkeepers and traders in demonstrations against soaring prices and the sharp fall of the national currency, according to semi-official media reports.
The unrest comes as the Iranian rial hit a record low, sliding to around 1.4 million against the US dollar on the open market, according to a Reuters. The currency has lost nearly half its value this year, while inflation reached 42.5 per cent in December, official data showed.
Semi-official Fars News Agency reported that hundreds of students staged protests at four universities in Tehran. Footage verified by Reuters showed groups of demonstrators marching through streets in the capital, chanting slogans, while state television broadcast images of gatherings in central areas of the city.
President Masoud Pezeshkian said late on Monday that he had instructed the interior minister to engage with protesters and listen to what he described as their legitimate demands. Government spokesperson Fatemeh Mohajerani said authorities would set up a dialogue mechanism that could include talks with protest leaders.
“We officially recognise the protests. We hear the voices of the people and understand that these demonstrations stem from pressure on livelihoods,” Mohajerani said in remarks carried by state media.
On social media platforms, several Iranians expressed support for the protests, warning that public anger over rising prices, corruption and economic inequality could spread further across the country.
Iran’s economy has been under strain for years following the reimposition of US sanctions in 2018 after Washington withdrew from the international nuclear agreement. United Nations sanctions were reinstated in September, and Reuters reported in October that senior officials had held multiple meetings to discuss ways to prevent economic collapse and manage public discontent.
President Pezeshkian, speaking at a meeting with trade unions and market representatives on Tuesday, said the government would make efforts to address economic grievances and ease concerns faced by workers and traders, according to state media.
On Monday, Iran’s central bank chief resigned, with local media linking the move to pressure on the currency market following recent economic liberalisation policies.
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Karnataka leads in AI: Minister Priyank Kharge at Impact Summit
Bengaluru (PTI): Minister Priyank Kharge on Wednesday highlighted the state’s leadership in AI and deep technology while engaging with global industry leaders and startups at a four-day summit held in New Delhi, officials said.
During the event, Priyank witnessed the signing of a strategic MoU between H Company and St John’s Medical College & Research Institute, Bengaluru, to pilot advanced enterprise AI for hospital operations and workflow automation, strengthening responsible AI in healthcare, the minister’s office said in a statement here.
Speaking on the sidelines of the India AI Impact Summit, the minister said Karnataka is ahead of the curve in AI.
“We are already home to leading global AI players such as Harvey AI and Anthropic, and The Walt Disney Company is expanding its AI network in Bengaluru,” he added.
Noting Bengaluru’s position among the top global cities for AI talent, he added, “Under our DeepTech Decade, we are supporting startups with grants of up to Rs 1 crore. We are engaging with global leaders and innovators to ensure responsible AI use, build the right skill sets, create strong incubators, and establish Centres of Excellence that can foster startups and strengthen e-governance.”
The minister also attended a roundtable organised by the US-India Business Council (USIBC), where discussions focused on strengthening technology collaboration, investment partnerships, and innovation-led growth between Karnataka and global enterprises.
He met Timo Harakka, Member of Parliament of Finland, to explore possibilities for collaboration between Karnataka and Finland in AI and deep-tech sectors, including joint research, innovation partnerships, and startup exchanges.
The Karnataka IT Minister also visited the Indian Army showcase at the summit, which featured advanced AI-driven defence and strategic technology applications, highlighting the role of AI in national security and modernisation efforts.
He toured the Karnataka Pavilion and the ArtPark Pavilion, interacting with founders and teams from Karnataka’s innovation ecosystem and reviewing emerging AI and deep-tech solutions, the statement added.
