"We need a proactive policy, otherwise by 2023 Indonesia will overtake us, and we will be left in seventh place," Russian business ombudsman said.

According to the research, the share of fuel and energy goods, metals and timber roughly equaled 80% in Russia’s total export volume in January-May.

According to statistics, annual inflation in Russia decelerated to 4.6% in July.

Approval of the draft law will make possible to improve efficiency of subsoil users’ performance of obligation of exploration completeness, rational integrated use and subsoil protection.

Fitch rating agency earlier upgraded Russia's credit sovereign rating to BBB.

First Deputy Chief of the Russian Government Staff Sergey Prikhodko said that the implementation of digitalization projects is one of key priorities for the Eurasian Economic Union.

An increase in consumer prices was mainly driven by adjustment of tariffs on housing and public utilities to the actual inflation.

A business meeting inEmbassy of Malaysia in Moscow.

The car is unique owing to the all-purpose energy efficient traction motor.

Integration of National Projects and requirements of the decree on competition promotion would improve efficiency of using funds, head of the Federal Antimonopoly Service Igor Artemyev said.