Russian Economy

Yes, India’s golden age may be near, and Russia will love it

If Malaysia can transform itself from poverty to spectacular economic success so can India and Russia will be happy to see it

As Ukraine conflict continues, Russia's government grabs the chance to modernise economy

How did it happen that a huge nation was stagnating in the years of peace, with hordes of experts accusing the government of driving the economy into a dead end, while the same nation suddenly revived its economy in the times of war?

Putin's drive to expand Armed Forces intensifying labour shortages in Russia's economy

While more than 500,000 may have entered military service last year, exodus from Russia is also adding to labour pressures

War in Ukraine will have devastating consequences on the Russian economy, says IMF Chief

The International Monetary Fund had earlier drawn criticism for forecasting that Russia will see stronger economic growth this year than either the United Kingdom or Germany

The surprisingly normal life in Russia after 10 months of war with Ukraine

Despite media reports of doom and gloom as a result of Western sanctions, everything in Russia continues to function normally. The main focus for Russian businesses is adapting to the new normal. Many things will be less efficient and more expensive, but the Russian economy will not collapse

War as a locomotive for technological breakthrough

The way the Russians are working in the country's hi-tech industries now, with gusto and enthusiasm, tells us that the new economic model for the nation is almost there

Russia braces for economic upheaval as Western sanctions start to bite

President Vladimir Putin has been defiant in the face of Western sanctions, insisting that the Russian economy will emerge stronger, and pointing to 'chaotic measures' in Europe that have boosted global energy prices

Explained: Why have the Indian markets crashed?

The war in Ukraine and the surge in COVID-19 cases are among the several factors that have impacted the market

Explained: What happens if Russia defaults on its debt?

Ratings agency Fitch said that 'a default or a default-like process has begun' because Russia missed a 2 March payment to foreign investors

Russia-Ukraine conflict: A look at how Moscow's oil flows from Berlin to Beijing

Russia is one of the world's biggest oil producers and a vast majority of its oil exports are purchased by Europe and China. Data from 2020 showed that with 3.6 million barrels per day, China imported the most, followed by Germany with 0.84 million per day