News

Russian Cabinet to support modular hotels construction — Deputy PM
"In 2023-2024, the Russian government will allocate up to eight billion rubles to regions for these goals," Dmitry Chernyshenko said.
Business in Russia
Russia has enough proven coal reserves for 300 years — energy ministry
The domestic demand for coal is fully met in Russia, deputy minister added, noting that export is the driver of the sector’s development.
Business in Russia
Bank of Russia admits of interference in FX market in case of financial stability threat
It is noted that it is unreasonable to seriously amend the existing foreign currency restrictions now.
Business in Russia
Annual inflation in Russia down to 3.15% as of April 10 — Central Bank
It is noted that the rise in prices of consumer goods producer is gradually becoming stronger.
Business in Russia
EAEU-UAE talks on free trade zone creation to start shortly — Russian ministry
Russian Deputy Economic Development Minister Dmitry Volvach also noted the ongoing talks on the free trade zone creation with India and Egypt, the plans to shift to a full-fledged free trade zone agreement with Iran, as well as a decision made to start the negotiations on a similar agreement with Indonesia.
Business in Russia
Belarusian agricultural exports to Russia on the rise in Q1 – Deputy PM
Deputy Prime Minister of Belarus Leonid Zayats noted that in the first quarter, GDP growth in the agricultural sector for all categories of farms amounted to 3%.
Business in Russia
Coal’s share in Russian energy consumption to fall to 10% by 2050 — research
In the baseline scenario, Russia will stop trading coal with Japan and the Republic of Korea from 2026.
Business in Russia
Weekly inflation in Russia down to 0.11% — statistics
Consumer prices rose 1.84% from the year beginning and 0.17% from early April.
Business in Russia
World Bank’s possibilities to finance Ukraine almost exhausted — Russian director
"Ukraine’s credit rating has again been downgraded recently - from CCC+ to CCC," Russian executive director Roman Marshavin noted.
Business in Russia
Net purchases of currency by individuals up almost 68% in March — Central Bank
According to the regulator, net purchases of foreign currency by individuals on the stock market and through largest banks in March grew to 121.8 bln rubles.
Business in Russia