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Russian oil continues to flow to India: First Deputy PM Denis ManturoRussia aims to increase LNG exports to India, continuing fuel shipments including oil, coal, and oil products. Trade between the two nation...
Rouble drops to 3-week low on low liquid interbank market after MOEX sanctionsAmidst new U.S. sanctions on Russia, the rouble plummeted to a three-week low against the dollar on the interbank market, triggering specul...
Russia’s exclusion from SWIFT an opportunity for China to internationalise RMBRussia tried to find ways to minimise the bite of sanctions. Russian businesses are using RMB to settle more of their trade. They are also ...
Trade deals and what else to expect from Narendra Modi’s face-to-face meet with Russian President Vladimir PutinKremlin said on Tuesday that Putin and Modi will discuss trade as well as sales of Russian fertilizers and mutual food supplies. "There are...
Indo-Russian trade up 120% this year so farLast month, Indian Ambassador to Moscow Pavan Kapoor also noted that Russia-India trade turnover had been growing in both volume and scope ...
Rouble, Russian stocks hit over 5-week highs in early Moscow tradeAt 0741 GMT, the rouble was 0.1% weaker against the dollar at 83.25, earlier clipping 80.3325, its strongest mark since Feb. 23. It had gai...
Rouble extends gains, Russia stocks also up on 5th trading dayThe rouble is now driven by export-focused companies that are obliged to sell foreign currency as well as by month- and quarter-end tax pay...
A new Indo-Russian transaction platform may be up this weekThe new payments system will likely be installed at the headquarters of both the RBI and the VEB, the latter also known globally as the Sta...
RBI asks banks to find alternative mechanism for Russia paymentsAt a high-powered meeting with select banks, the RBI sought suggestions from top executives on conducting payment settlements with Russian ...
War in Ukraine: How the first week unfoldedAs Ukraine fights for its existence, we look back on seven days that have shaken the world.
Operation Ganga: Flight carrying around 200 Indian citizens stranded in Ukraine reaches Delhi from RomaniaThe Indigo special flight departed from the Romanian capital Bucharest on Wednesday (local time) under Operation Ganga.
World Bank stops all projects in Russia, Belarus with 'immediate effect'The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's mil...
China opposes US, EU sanctions against Russia; says will carry out normal trade with MoscowThe move is "unprecedentedly severe," but is unlikely to deal a fatal blow against Russia, not only because of the latter's long preparatio...
Not so SWIFT: EU energy concerns spark Russia sanctions riftFormer European Council President Donald Tusk lashed out at EU capitals over their failure to agree on the toughest sanctions such as cutti...
PM Johnson unveils UK's largest-ever sanctions against RussiaThe sanctions include freezing the assets of all major Russian banks, including VTB Bank, the nation's second-biggest bank, Johnson said Th...
Rupee rallies 25 paise to 74.59 against US dollarThe rupee was quoted at 74.59 at 1530 hrs, registering a gain of 25 paise over its previous close. On Tuesday, the rupee depreciated by 29 ...
SCO agrees for joint roadmap for economic recoveryThe Development Banks from Shanghai Cooperation Organisation (SCO) which includes Russia, India, China and most Central Asian states have d...
- China to remove barriers to trade in Yuan
But at the same time the Chinese government does not have any predetermined goal for the currency's international position, he added.
- Russia, China kick off yuan-rouble trade
Moscow’s Micex exchange started trading the yuan against the rouble for the first time on Wednesday as Russia and China seek to reduce the ...
- Russia: A commodity giant wakes up
Russia is a resource-rich country, and now a dominant player in the world energy market. It is quite literally fuelling the rise of the pow...