News

Russia’s Inflation Headache Intensifies as PM Blasts Corporate ‘Greed’ for Price Hikes
Mikhail Mishustin attacked companies for profiteering, driving Russia’s inflation rate to a five-year high.
Business in Russia
Selamat Hari Raya!
Selamat Hari Raya!
Events
Russia’a coal reserves at current production will last for about 100 years
The Ministry of Natural Resources stressed that only 17% of the total reserves - 47.3 bln tonnes - are taken into account in the distributed subsoil fund.
Business in Russia
Cabinet to discuss gasoline export restrictions after May holidays
This measure is anticipated for introduction only in case of urgent need, Nikolai Shulginov said.
Business in Russia
Putin plans to attend SPIEF plenary session in person - Kremlin
Earlier Russian President said that he had developed a good level of antibodies after receiving a coronavirus vaccine.
Business in Russia
Russia to create whole range of hydrogen infrastructure equipment in coming 2-3 years
Moscow is interested in attracting Germany’s competences under the formula "green hydrogen in exchange for technologies," Industry and Trade Minister Denis Manturov said.
Business in Russia
Russia to Invest $11B in Volatile Central African Republic's Reconstruction
Russia could invest $11 billion in reconstruction projects in the mineral-rich Central African Republic, where rebel violence has led to mass displacement and Russian mercenaries are widely reported to be providing security services to the embattled military, a government official has said.
Business in Russia
Russia effectively curbing inflation, despite global trend, assures Kremlin
Earlier, the Central Bank reported that inflationary expectations of the population in April rose to 11.9%.
Business in Russia
Russia to release 57 mln coronavirus vaccine doses for civil distribution by end of May
A total of 11.6 mln vaccine doses have been provided to Russian regions.
Business in Russia
Bank of Russia to post projected key rate path first time on April 23
The regulator can publish the key rate path in future but only if a proper format is found, Central Bank chief Elvira Nabiullina said earlier.
Business in Russia