Russia is on the verge of recession, says Putin governmentRussia's economy is nearing recession, according to Economy Minister Maxim Reshetnikov. Despite recent interest rate cuts, businesses are s...
19 Jun, 2025, 12.58 PM IST
Trump wants but Putin gets it! Russian central bank cuts key interest rate by a full percentage pointRussia'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.
06 Jun, 2025, 09.09 PM IST
Putin growing concerned by Russia's economy, as Trump mulls more sanctionsPresident Putin is increasingly worried about economic distortions in Russia's wartime economy, while Trump aims to end the Ukraine conflic...
23 Jan, 2025, 12.00 PM IST
Russian President Vladimir Putin to push growing Moscow-Beijing trade in China's northeastRussian President Vladimir Putin concluded his visit to China by highlighting the importance of trade near the border in China's northeast....
17 May, 2024, 10.05 AM IST
Russian central bank holds rates at 16% after months of tighteningRussia's central bank has decided to keep its key interest rate at 16%, maintaining borrowing costs unchanged for the time being. Despite f...
16 Feb, 2024, 05.11 PM IST
Russia's depleted workforce threatening economic growth, says central bankRussia is facing work force shortage that is threatening the growth of their economy, Central Bank Governor Elvira Nabiullina said. This co...
09 Nov, 2023, 04.18 PM IST
Russian central bank hikes key interest rate to 13%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...
15 Sep, 2023, 04.27 PM IST
Emerging markets crave big bang stimulus with losses growingInvestors are impatient for meaningful stimulus measures after two years of monetary tightening, while governments and central banks are fi...
15 Aug, 2023, 04.22 PM IST
Russian central bank hikes key interest rate by 100 bps to 8.5%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 ...
21 Jul, 2023, 04.22 PM IST
US imposes new sanctions on Russia after Vladimir Putin annexes four regions of Ukraine. Details hereThe US continues to impose new sanctions on Russia targeting businesses and lawmakers while a resolute President Vladimir Putin declares an...
30 Sep, 2022, 11.51 PM IST
Oil rises as dollar strength eases, but Fed weighsOil futures have been volatile in recent weeks as traders have tried to reconcile the possibilities of further interest rate hikes, which c...
25 Jul, 2022, 08.12 PM IST
Oil falls on concerns expected Fed hike will impact fuel demandOil futures have been volatile in recent weeks as traders try to reconcile the possibilities of further interest rate hikes that could limi...
25 Jul, 2022, 08.09 AM IST
Putin hedges Trump bet by dumping US treasuriesThe release caused a stir in the markets because neither the Treasury nor the Bank of Russia will comment on the transactions.
23 Jul, 2018, 11.58 AM IST
Russian Central Bank Governor Elvira Nabiullina says no decision on forex buying yetRussia's Central Bank Governor Elvira Nabiullina said the central bank has yet to make a decision on resumption of foreign currency purchas...
13 Oct, 2015, 03.52 PM IST
Rally falters as China, commodity pressures returnEM stocks took their first significant tumble of the month on fresh signs of domestic weakness in China and another bout of volatility in c...
13 Oct, 2015, 03.50 PM IST
The Russian Central Banker who Saved Economy from AbyssIt was December 16 the day Russian traders would later christen Black Tuesday and the ruble was in a freefall.
27 Mar, 2015, 11.16 AM IST
Traders bet Russia’s next move will be to sell goldAnother tool available to repair economic havoc caused by sanctions and falling oil prices: selling gold.
18 Dec, 2014, 04.00 AM IST