City Moscow Financial News

Black Myth: Wukong is a game set to release on August 20, 2024, for PlayStation and PC. The game, based on the classic novel 'Journey to the West,' has faced some delays for Xbox players. This story covers the release date, time and platform details for the upcoming game.

Azerbaijan has formally applied to join the BRICS group of developing economies, a day after Russian leader Vladimir Putin’s visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes

Prime Minister Narendra Modi heads to Poland on August 21, the first visit by an Indian premier in 45 years, some focus will be on a forgotten slice of history during the turbulent Second World War in which two Indian rulers gave shelter and protection to thousands of Polish children and refugees caught in the crossfires of the biggest-ever conflict on earth. The PM is likely to pay a visit to the 'Good Maharaja Square' in Warsaw, which has been built to pay homage to the erstwhile ruler of Nawanagar, Maharaja Jam Saheb Digvijaysinhji Ranjitsinhji, who provided shelter to a group of Polish children who had been left homeless after Poland was ravished by the war. The Nawanagar ruler, along with Shrimant Rajarshi Chhatrapati Sahu Maharaj of Kolhapur provided housing and hospitality to an estimated 5,000 Polish citizens from 1942 to 1946 as the war raged in Europe.

Police in Russia and Belarus have made 60 arrests in a raid on a crypto exchange they claim was a front for a money-laundering gang.

Ukraine, the External Affairs Ministry said today. It will be Modi's first trip to the war-torn country since its conflict with Russia and about a month after he met President Vladimir Putin in Moscow. Details of the trip will be shared later in the day, Reuters reported quoting the foreign ministry. Modi is expected to visit Ukraine between August 21 and 23, ET had reported earlier. It comes just over a month after Modi visited Russia and Austria. Western capitals have imposed sanctions on Moscow following its invasion of Ukraine in 2022, but friendly nations such as India and China have continued to trade with it.

Russia accused Ukraine on Saturday of planning to attack a nuclear plant in the Kursk region that President Volodymyr Zelenskiy's troops have entered and blame such a «provocation» on Moscow, Interfax news agency said. Kyiv denied that as «insane» propaganda. Ukraine launched an incursion into Russia's western Kursk region on Aug. 6 to try and swing the dynamics of the two-and-a-half year war in its favour after Moscow's 2022 invasion.

Volodymyr Zelenskiy said on Saturday his troops had strengthened positions and expanded territory in Russia's Kursk region nearly two weeks into their incursion. Ukraine says it has seized more than 80 settlements over 1,150 square km (444 square miles) in Kursk since Aug. 6 in the biggest invasion of Russia since World War Two. Zelenskiy said his army chief Oleksander Syrskyi had reported that Ukrainian troops continued their advance and also took more Russian servicemen as prisoners.

Moscow ministers and the nation’s Central Bank are discussing a plan to “create” Russian crypto exchanges, as the country continues to pivot to cryptoassets.

Russia, invaded over the past 10 days by Ukraine’s forces rolling into Kursk, last saw its borders violated this way only in World War II (by Nazi Germany). This flip in fortunes has stunned not just weary war watchers, who were wondering how long Kyiv could hold up against its bigger adversary, but perhaps Moscow too, given the latter’s sluggish response.

Ukraine's top commander said on Thursday Kyiv had set up a military commandant's office in the occupied part of Russia's Kursk region where he said his forces were still advancing and had taken up to 1.5 km (0.93 miles) in the last 24 hours. Colonel General Oleksandr Syrskyi told President Volodymyr Zelenskiy in a video published by the Ukrainian leader that Kyiv's forces had advanced 35 km into Russia's Kursk region since launching an incursion last week. Kyiv's surge into Russian territory last week caught Moscow by surprise, seizing the initiative from Russian forces who have been grinding out small but steady gains all year in the east of the country.

Ukraine have been deployed as part of Kyiv's ongoing incursion into Russia, British media reported on Thursday. It is believed to be the first time the Challenger 2 tanks have been used in active combat on Russian territory, Sky News and other UK outlets said. They did not specify how many of the tanks were thought to have been deployed by Ukraine in its surprise incursion into Russia's Kursk region, which began on August 6.

currency exports. It has also said that Russia has received $2.3 billion worth of dollar and euro notes since March 2022, after its army crossed the border and entered Ukraine.

Ukraine’s top military commander says his forces now control 1,000 square kilometers (386 square miles) of Russia’s neighboring Kursk region, the first time a Ukrainian military official has publicly commented on the gains of the lightning incursion that has embarrassed the Kremlin.

A few grams of gold can elevate or depress a nation’s morale and stature. But first; why should any nation spend money on sports, especially one whose population substantially relies on subsidies? Nations invest in sports for three strategic reasons. The first is global positioning.

Russia are exploring the idea of a dynamic reference rate to start a rupee-rouble market, along with allowing greater deployment of the rupee balance that has accumulated in course of trade between the two countries since outbreak of the Ukraine war. A reference or exchange rate is aimed at overcoming the dollar trade barriers raised by US sanctions imposed on Russia in February 2022. These, along with putting in place a payment confirmation mechanism, are expected to figure during a meeting of senior central bank officials and bankers in Moscow this week, two industry persons told ET. The Reserve Bank of India (RBI) recently took feedback from banks and financial institutions dealing with Russian funds registered in India.

Ukraine army’s surprise charge into Russia this week was a stunning maneuver that caught the Kremlin’s forces off guard.The Kremlin declared a “federal-level” emergency in the Kursk region following the large-scale incursion and sent reinforcements there on Friday, four days after hundreds of Ukrainian troops poured across the border.Meanwhile, a Russian plane-launched missile slammed into a Ukrainian shopping mall in the middle of the day, killing at least 14 people and wounding 44 others, authorities said. It was the latest in an unrelenting barrage of strikes on civilian targets, which made July the deadliest month for civilians since October 2022, according to the U.N.

Iran to use the Fath-360 close-range ballistic missile system, two European intelligence sources told Reuters, adding that they expected the imminent delivery of hundreds of the satellite-guided weapons to Russia for its war in Ukraine. Russian defence ministry representatives are believed to have signed a contract on Dec. 13 in Tehran with Iranian officials for the Fath-360 and another ballistic missile system built by Iran's government-owned Aerospace Industries Organization (AIO) called the Ababil, said the two intelligence officials, who requested anonymity in order to discuss sensitive matters. Citing multiple confidential intelligence sources, the officials said that Russian personnel have visited Iran to learn how to operate the Fath-360 defence system, which launches missiles with a maximum range of 120 km (75 miles) and a warhead of 150 kg. One of the sources said that that «the only next possible» step after training would be actual delivery of the missiles to Russia.

Russia's Ministry for Emergencies on Friday declared the situation in the Kursk region a «federal level» emergency, four days after hundreds of Ukrainian troops poured over the border in what appeared to be Kyiv's biggest attack on Russian soil since the war began. Meanwhile, a Russian plane-launched missile hit a Ukrainian shopping mall late morning Friday, killing at least nine people and injuring 26, authorities said. The mall in Kostiantynivka, in the eastern Donetsk region, is located in the town's residential area. Thick black smoke rose above it after the strike. «This is another targeted attack on a crowded place, another act of terror by the Russians,» Donetsk regional head Vadym Filashkin said in a Telegram post.

Russia's Defense Ministry says the country's troops are fighting Ukrainian forces in the Kursk region on the third day of one of the largest cross-border incursions of the war

Russia was battling a major cross-border incursion from Ukraine for a second day on Wednesday, with authorities evacuating several thousand civilians due to fighting, officials said. The incursion began on Tuesday morning, with the Russian defence ministry announcing it had deployed air and artillery firepower to try to quash Ukrainian troops breaking into the Kursk border region. «The operation for the destruction of Ukrainian army units is continuing,» the defence ministry said on social media Wednesday.

The Russian Senate has approved a draft law on crypto mining, meaning the landmark bill will now pass into law, pending the signature of President Vladimir Putin.