News

India and Russia may soon mutually recognize Mir and RuPay payment systems
Also, it is reported that the parties continue negotiations to expand the use of national currencies in bilateral trade payments.
Business in Russia
Mortgage lending in June accelerates to 1.3% — Central Bank
It is reported that the real property demand has not yet recovered to the pre-crisis level.
Business in Russia
Staff shortage in Russian AI market reaches 5,000 people
Dmitry Chernyshenko added that more than 50% of Russian enterprises that purchase artificial intelligence solutions prefer domestic developments.
Business in Russia
Russian Economy Ministry expects inflation to reach 13.4% in 2022, GDP to drop to 4.2%
Also the ministry revised its forecast for the country’s unemployment rate from 6.7% in the May outlook to 4.8% as of the end of 2022.
Business in Russia
Saudi firm invests more than $500 mln in Russian energy companies this year
From February 22 to March 22 the Saudi company bought Gazprom’s American depositary receipts worth about $365 mln.
Business in Russia
Freight turnover of Russian seaports down 0.2% in January-July to 482 mln tonnes
In particular, dry cargoes throughput lost 5.1% to 225.8 mln tonnes, while liquid cargoes throughput added 4.5% to 256.2 mln tonnes," the report said.
Business in Russia
Online commerce in Russia up 1.5 times annually in H1 2022 — Association
It is reported that among items purchased online there are electronics, household appliances, furniture and home goods.
Business in Russia
EU ban on Russian coal imports may accelerate rise in European electricity prices — expert
Ekaterina Kvasha stated that the scarcity of fossil resources in Europe was threatening to halt efforts to phase down nuclear energy.
Business in Russia
Key foreign components in metals industry replaced by analogs — Ministry
The ministry stressed that products of Russian manufacturers had demand on global markets.
Business in Russia
Russia’s harvested grain reaches 56 mln tonnes — Agriculture Ministry
It is reported that the plan figure for the grain harvest for 2022-2023 is 130 mln tonnes. In 2021, Russia's grain harvest amounted to 121.4 mln tonnes, according to the statistics.
Business in Russia