Alrosa, a diamond mining business, sold $374 million worth of diamonds and $36 million worth of polished diamonds in June 2021, according to the company.
The business boosted diamond sales 15 times and polished sales 5.5 times compared to June last year.
Alrosa's product sales revenue in June was $410 million,...
The Russian Federation's Ministry of Finance has prepared proposals as part of the so-called tax system adjustment, including an increase in insurance premiums on salaries over 122,000 rubles, an expansion of the taxable base for expensive property, and a reduction in the duty-free trade threshold, Forbes reported on Thursday,...
The trade turnover between Moscow and Canada grew by about 6% to $127.7 million in the first quarter of 2021, according to the press office of Moscow's economic policy and property and land relations complex on Wednesday.
"The trade turnover between Moscow and Canada in the first quarter of 2021...
Rosstat statistics has reported that the annual inflation in Russia increased to 6.5 percent in June, with consumer prices rising by 0.69 percent over the previous month.
Food prices jumped 0.64 percent in June compared to May and 7.9 percent on an annual basis, while non-food prices rose by 0.68...
Kuzbass has a huge potential for development as a powerful industrial complex and the center of the new economy of Western Siberia and all of Russia, Russian President Vladimir Putin said during the ceremony in honor of the 300th anniversary of Kuzbass, local media reported.
Putin recalled that in March...
The Russian Ministry of Finance completed the conversion operations in the structure of the National Wealth Fund, excluding the dollar.
Additionally, the share of the pound was reduced to 5 percent, the shares of the euro and the yuan were increased to 39.7 and 30.4 percent, respectively. The share...
The number of judicial bankruptcies during January-June 2021 increased to 88 thousand Russians, including individual entrepreneurs, which is 2.1 times more than in the first half of 2020, Russian media wrote
The number of extrajudicial bankruptcies during this period is much less - only 1,679 thousand.
The number of bankruptcies has...
According to the press service of the mayor and the administration of the capital, Moscow Mayor Sergei Sobyanin has signed a decree urging companies to vaccinate personnel against the coronavirus, RIA reports.
Elena Andreeva, the head of Rospotrebnadzor in Moscow, had already issued a directive mandating coronavirus vaccination in a...
According to Maria Zakharova, a spokeswoman for the Russian Foreign Ministry, the sanctions that the European Union imposed on Belarus caused more damage to the member state economies, TASS informed.
Zakharova said that Lithuanians admitted that the sanctions against Belarus caused damage to the Lithuanian economy, including the losses in...
