According to TASS surveyed experts, the Russian economy has considerable non-oil and gas export potential in addition to large oil and gas export potential. Food, information technology, and creative items are examples of such development drivers.
Last week, U.S. President Joe Biden spoke at the offices of the Office of...
The governor of The Central Bank of Russia has cautioned that inflation would be a long-term problem in her nation, indicating that the bank will maintain its tight monetary policy.
In an interview with the Financial Times, Elvira Nabiullina stated that the central bank's concerns stem from public anxiety about...
Green technological innovation and regulating is a rising trend for Russia and the globe overall, and it must be kept in mind in economic policy, according to Russian President Vladimir Putin's aide Maxim Oreshkin.
The presidential aide pointed out that the "green trend" is altering macroeconomics on a worldwide scale, adding...
Two sources stated that VTB will sell its majority share in Rustranscom, a major grain train owner in Russia, to Demetra Holding, a firm that the Russian bank already owns.
VTB utilized Demetra to combine its grain infrastructure and trading businesses, which it had built up through acquisitions in 2019 and 2020, Reuters reports.
Rustranscom...
Russia's GDP has rebounded to pre-crisis levels, but it remains below potential, according to aide to Russian President Vladimir Putin Maxim Oreshkin, who spoke to the Rossiya 24 TV station.
Despite the fact that the Russian GDP has rebounded to pre-crisis levels, it is still below potential. That implies there are...
Magnit, one of Russia's major food merchants, announced on Friday that it has introduced a line of ready-to-eat items at select stores and that it plans to expand the idea by building "kitchen factories."
Magnit, which reported a 6% decline in quarterly net profit on Thursday, is attempting to strike...
The European Union will never be able to influence Russia's foreign policy; its sanctions are not only useless but also harmful to Europe, said Leonid Slutsky, Chairman of the State Duma's international affairs committee, on Thursday.
The State Duma is Russia's lower chamber of parliament.
Slutsky was responding to a recent...
Online financial transactions are used by three-quarters of the Russian adult population (almost 75 percent of those questioned). Per a poll carried out by the Bank of Russia in May 2021, this number grew by 20%.
In the previous 12 months, more than 75% of the Russian adult population has used...
Prime Minister Mikhail Mishustin stated on Thursday that Russia's MC-21 airplane is a strong contender to their Western counterparts for a place on the global marketplace.
He was at Irkut Corporation's Irkutsk Aircraft Plant (IAZ), where automated lines for the MC-21's completion are in place, TASS reports.
Experts specializing in aviation engineering recognize that the...
Global foreign funds boosted the purchase of Russian stocks to more than 80% of all shares trading on the Moscow Exchange in the first half of this year, attracted by higher dividend distributions than in other emerging nations, according to the Moscow Exchange.
Foreign investors' stake in Russia's OFZ treasury...
