The Russian rouble will be stronger than previously expected, which represents a challenge for the economy and some exporters, Economy Minister Maxim Reshetnikov said on Tuesday. The rouble rallied by over 40% in the first half of the year due to the central bank's tight monetary policy and expectations for a peaceful settlement in Ukraine,

Economic and military pressures could force Russia’s hand. Its economy is strained but not enough to do that, analysts say. And President Vladimir V. Putin says Russia is winning the war.

Russia’s leading defence firms recorded strong revenue growth in 2024, driven by surging domestic demand for weapons to sustain the war in Ukraine, even as Western sanctions and falling arms exports weighed on international sales,

The probability of changing educational class was 52-53% in China compared to 45-46% in Russia, but roughly 68-81% of China's mobility and 57-68% of Russia's came from structural change rather than exchange mobility. At the steady state, Russia shows greater educational mobility, at about 42%, than China, which tracked at 19-27%.

Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market.

Trade and people-to-people ties figured high in PM Narendra Modi and Russian President Vladimir Putin’s talks. After the 23rd annual India-Russia summit, the two leaders announced that they had agreed on an Economic Cooperation Agreement until 2030.

India and Russia finalized a five-year plan to boost economic ties, aiming for $100 billion in annual trade. They signed agreements in various sectors. Modi and Putin discussed the Ukraine war, with India advocating for a peaceful resolution.

Credit Bank of Moscow is the sixth largest in Russia by asset size with 5.45 trillion rubles, but is facing a fight to survive.