The Russian lower house of parliament approved a bill raising income taxes for the wealthy to help fund government operations during the co...

Amid Russia's Ukraine conflict, Moscow's 'Almost Naked' party stirred controversy. Celebrities faced backlash at the event hosted by Anasta...

Until now, the government stood aside as the declining ruble helped its budget. But a weaker currency also poses the threat of higher price...

The Russian state Duma on Thursday approved the bill to ban the LGBTQ 'propoganda'.

Benjamin Hilgenstock and Elina Ribakova, economists with the Institute of International Finance, estimated in a report released last month ...

With Vladimir Putin’s government hampered by asset blocks and branded a pariah by Western countries -- politically, economically and financ...

Spokespersons for the government and the Reserve Bank of India were not immediately able to comment, while representatives of SBI and UCO d...

Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russian troops lau...

Legislation due to be discussed on Wednesday foresees fines of between 500,000 rubles (USD 6,400) and two million rubles (USD 25,700) for v...

Commerce Secretary Anup Wadhawan said they are telling exporters that proper mechanisms will be put in place to ensure that the trade does ...

Many pronouncing his commercial death. But they underestimated the shrewdness, charm and connections that made the wily tycoon a negotiator...

Tour operators said prospective travellers can save 15-20% of the total travel cost at the current exchange rates, depending on the destina...

Buying in the first half of December was 9 percentage points higher than in November and 20 percentage points higher than in the rest of De...

Faced with flat growth, All India Brewers Association said rationalisation in taxes was necessary from a public safety point of view also.

The rupee completed its first annual loss since 2008 as Europe’s debt crisis threatened to derail global economic growth.

Adidas has raised its earnings per share outlook after a strong Q2 thanks to 2010 FIFA World Cup.

PM Vladimir Putin urged Russians to buy only domestically-produced cars, as he unveiled lavish measures to help the country's struggling au...