RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
28 May, 2026, 03.00 PM IST
Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
27 May, 2026, 10.36 AM IST
Despite Trump's pressure, Cuba may not turn out like VenezuelaThe U.S. is increasing pressure on Cuba, but unlike Venezuela, the island nation lacks a clear opposition leader or succession plan. Cuba's...
23 May, 2026, 03.35 PM IST
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
11 May, 2026, 01.16 PM IST
What made Putin sell 22,000 kg gold from Russia this year?Russia’s central bank has sold 21.8 tonnes or 22,000 kilograms of gold so far in 2026 to help fund the country’s widening budget deficit, w...
23 Apr, 2026, 05.11 PM IST
Russia cuts oil output in April, sources sayRussian oil output saw a significant drop in April. Ukrainian drone attacks on key ports and refineries forced Russia to cut production. Th...
21 Apr, 2026, 05.27 PM IST
Iran war doubles Russia's main oil revenue to $9 billion in AprilIn a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...
09 Apr, 2026, 03.19 PM IST
Russia's oil and gas revenue down 43% y/y in March, finance ministry saysRussian state oil and gas revenues saw a significant drop in March. Revenues fell by 43 percent to 617 billion roubles compared to last yea...
03 Apr, 2026, 03.17 PM IST
Russia sells gold bars for first time in 25 years to fund budget deficit amid high military spending: ReportRussia has sold physical gold from its central bank reserves for the first time in 25 years to address a widening budget deficit fueled by ...
27 Mar, 2026, 02.18 PM IST
Russia prepares 10% cut to 'non-sensitive' spending in 2026, sources sayAs economic challenges mount, the Russian government is deliberating on a significant 10% cut to discretionary spending. The viability of t...
13 Mar, 2026, 12.51 AM IST
Iran-fuelled oil price rally is not enough to balance Russia's budgetGlobal oil prices have surged following strikes on Iran, reaching their highest point since July 2024. However, this price increase is not ...
03 Mar, 2026, 07.16 PM IST
Russia's optimistic fiscal plans risk budget revenue shortfallRussia may miss its revenue target for 2024 and be forced to increase business taxes if the rouble strengthens more than expected and econo...
19 Oct, 2023, 11.43 AM IST
Russia plans 26% rise in budget spending in 2024Moscow is spending heavily on its armed forces as it prosecutes what it calls a "special military operation" in Ukraine, and social spendin...
22 Sep, 2023, 09.41 PM IST
Putin signs law setting discount on Urals crude oil for tax calculationsThe law, passed by parliament last week, changes the oil price assumptions that Moscow uses to calculate its multi-billion rouble tax levy ...
23 Feb, 2023, 10.04 PM IST
Russia sees 2015 federal deficit at 3% of GDP, below earlier forecastIt said the new deficit forecast was contained in amendments to the 2015-2017 three-year budget that were approved by the government.
10 Oct, 2015, 03.52 PM IST
Budget 2013: How tax rates & budgets of other emerging economies compareIndia’s huge dependence on fuel imports is what differentiates it from most other emerging market economies.
14 Feb, 2013, 04.34 PM IST
- Russia faces first budget deficit in a decade
Russia is facing first budget deficit in a decade in 2009 and would make up for the shortfall with money from the Reserve Fund.
24 Dec, 2008, 10.18 PM IST