Russia's economy is nearing recession, according to Economy Minister Maxim Reshetnikov. Despite recent interest rate cuts, businesses are s...

Russia's economic growth rate fell to 1.5 per cent year-on-year in the first four months of 2025, compared to 4.3 per cent last year.

After Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finan...

President Putin is increasingly worried about economic distortions in Russia's wartime economy, while Trump aims to end the Ukraine conflic...

Russia is facing work force shortage that is threatening the growth of their economy, Central Bank Governor Elvira Nabiullina said. This co...

The Central Bank of Russia has raised its key interest rate by 100 basis points to 13% as a response to a weak rouble and persistent inflat...

Russia's central bank raised its key interest rate by 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble ...

The US continues to impose new sanctions on Russia targeting businesses and lawmakers while a resolute President Vladimir Putin declares an...

Oil futures have been volatile in recent weeks as traders try to reconcile the possibilities of further interest rate hikes that could limi...

The attendance list is another sign of Russia's uncertain economic prospects. As of early June, about 2,700 business representatives from 9...

Russia's Central Bank Governor Elvira Nabiullina said the central bank has yet to make a decision on resumption of foreign currency purchas...

It was December 16 the day Russian traders would later christen Black Tuesday and the ruble was in a freefall.

Another tool available to repair economic havoc caused by sanctions and falling oil prices: selling gold.

Elvira Nabiullina raised concerns about the cancellation of 2G licence given to Sistema Shyam Teleservices in her meeting with Anand Sharma.

Russian govt today discussed the issue of 2G licence cancellation of SSTL by the Supreme Court with the Indian counterparts.

Trade between India and Russia could reach $10 billion in 2010, Russian Deputy Prime Minister Alexander Zhukov said on Tuesday.

Russia's economy contracted seven percent in the first quarter of 2009, Economic Development and Trade Minister Elvira Nabiullina announced...