Russia's ruble has tumbled. What does it mean for the wartime economy?Until now, the government stood aside as the declining ruble helped its budget. But a weaker currency also poses the threat of higher price...
15 Aug, 2023, 07.29 PM IST
Russia's central bank makes huge interest rate hike to try to prop up falling rubleRussia's central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after t...
15 Aug, 2023, 06.40 PM IST
Russia braces for economic upheaval as sanctions start to biteRussia is heavily reliant on imports of everything from manufacturing equipment to consumer goods, and economists believe the worst effects...
02 Jun, 2022, 08.20 AM IST
After 3 months of Ukraine war, life in Russia has profoundly changedThree months after the Feb. 24 invasion, many ordinary Russians are reeling from those blows to their livelihoods and emotions. Moscow’s va...
23 May, 2022, 09.59 PM IST
As companies leave Russia, their assets could be seizedRussian President Vladimir Putin responded Thursday by saying that if foreign companies shut down production in Russia, he favored a plan t...
12 Mar, 2022, 02.23 PM IST
As oil blow looms, Russia warns of recession next yearThe forecast released by the economic development ministry was the first acknowledgement that the Russian economy will contract in 2015.
02 Dec, 2014, 05.24 PM IST
Food ban may prove costly for Russian economyRussia depends heavily on imported foodstuffs, most of it from Europe, particularly in Moscow and other large, prosperous cities.
08 Aug, 2014, 02.38 PM IST
Food ban may prove costly for Russian economyRussia depends heavily on imported foodstuffs, most of it from Europe, particularly in Moscow and other large, prosperous cities.
08 Aug, 2014, 02.36 PM IST
Tax evasion, faltering global economy tops on G20 agendaTax evasion and splits over the state of the global economy as emerging markets slow down are the main subjects for a meeting of G20 countr...
18 Jul, 2013, 03.27 PM IST
- Malware spread fastest in last 4 years; 1.5 million more in April-June: McAfee
"Attacks that we've traditionally seen PCs are now making their way to other devices," McAfee Labs senior vice president Vincent Weafer sai...
05 Sep, 2012, 03.51 PM IST
- PepsiCo announces $1bn investment in Russia
US soft drink giant PepsiCo said Monday it would boost investment in Russia by one billion dollars, topping the list of US trade deals expe...
06 Jul, 2009, 09.24 PM IST
- Russia cuts off gas to Ukraine
Russia on Thursday cut off gas supplies to its neighbour Ukraine after failing to agree a new contract, sparking renewed concern over Europ...
02 Jan, 2009, 02.10 AM IST
- Russia has entered recession: deputy minister
Russia has entered recession, confirming fears that the global slowdown will exact a heavy toll on its economy. Countries in recession | Gh...
13 Dec, 2008, 01.00 AM IST
- Russia's oil wealth no vaccine against global crisis
No longer quite so flush from vast oil and gas wealth, Russia's economy is feeling the pinch from the global crisis and problems at home, p...
06 Oct, 2008, 08.58 AM IST
- Russia seen shrugging off market collapse
With oil prices around $100 a barrel -- around 10 times higher than in 1998 -- Russia's prospects look different from 1998
21 Sep, 2008, 11.41 AM IST
- Russia suspends stock trading to stop market meltdown
Russia suspended trading on its two main stock markets for a second day Wednesday as shares nosedived and officials pledged 44 billion doll...
18 Sep, 2008, 12.03 AM IST
- Russian energy rivals sign partnership deal
Russian state-controlled energy giants Gazprom and Rosneft signed a massive partnership deal that aligns two bitter rivals and could squeez...
30 Nov, 2006, 12.41 AM IST