News
Indian coal imports from Russia plunging in March-May 2024
According to BusinessLine news outlet, Russia scaled up coking coal deliveries to India by 200% to 6.4 mln metric tons in 2023 and entered ranks of its top three suppliers after Australia and the US.
Russia, India working on visa-free group tours
Russia is also preparing to cancel visas with a number of countries of the Middle East, Southeast Asia, Africa and Latin America, Minister of Economic Development Maxim Reshetnikov noted.
Russian travel aggregators expect 40% yoy increase in bookings from foreigners in 2024
The expert added that, according to an analysis of data from the largest market players in Russia, total views of travel aggregator sites last year reached 1.2 billion.
Iranian government approves signing free trade law with EAEU
Official representative of the Iranian government Ali Bahadori-Jahromi made this statement at a press conference following a government meeting.
Consumer loans growth rate expected to slow down — Central Bank
The incremental growth rate of the consumer loans portfolio can be 7-12% in 2024, the regulator noted.
Bank of Russia revises upward incremental growth rate for retail deposits
"We expect households money will continue growing actively and the annual incremental growth rates will be within the range of 14-19%," the Bank of Russia said.
Annual inflation in Russia rising to 8.37% over week — Economy Ministry
"In the services sector, the price growth rate dropped to 0.13% amid slower rise in prices for air tickets and services of sanatoriums," the ministry added.
Russian statistical service confirms GDP growth by 5.4% in Q1 2024
Main contributors to GDP growth in the first quarter of this year were wholesale and retail trade (+11.4%), processing facilities (+9%), construction (+4.8%), and hotels and restaurants (+4.6%).
Ruble will keep its market-based exchange rate — Bank of Russia
The Central Bank also emphasized that currency exchange trading is not a necessary condition for the convertibility of the national currency, the free circulation of foreign currency, and the formation of market exchange rates.
Inbound tourist flow up 40% in 4M 2024 — Russian Economy Minister
Since last August, 400,000 foreigners visited Russia, Maxim Reshetnikov noted.