Russia Financial News

₹6,700 per tonne. For the past two weeks, the levy was at ₹7,100 per tonne after it was increased on 14 August. However, the ministry has raised the Special Additional Excise Duty (SAED) on the export of diesel to ₹6 per litre from ₹5.50 a litre.

Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network. 

By Nivedita Bhattacharjee

Biden will travel to India on Thursday to attend the G20 summit on the sidelines of which he will also have a bilateral meeting with PM Modi, the White House announced today. India, the current president of the G20, will host global leaders for the Summit scheduled between September 9 and 10 in New Delhi. Biden will travel to New Delhi on Thursday to attend the G20 Leaders' Summit, the White House said in a statement on Friday.

Mint's journalists tried to take all their interactions very seriously. Many of our correspondents unsheathed the interview technique to bring us exclusive reports and analytical pieces. They're yours to judge.

Russia's Roscosmos space agency said Friday that the country has deployed an advanced intercontinental ballistic missile that President Vladimir Putin once said will make Russia's enemies «think twice.» Agency head Yuri Borisov said Sarmat missiles have been placed on combat duty, according to Russian news agencies. Further details were not reported. The Sarmat is one of several advanced weapons whose development Putin announced in 2018.

Vladimir Putin will host his Turkish counterpart Recep Tayyip Erdogan on Monday, the Kremlin said, amid hopes the two can restore a deal ensuring safe passage for grain shipments. Russia pulled out from the UN-backed grain agreement that Turkey helped broker in July, effectively revoking safe navigation for civilian ships sailing through the Black Sea. «Negotiations will indeed take place in Sochi on Monday,» Kremlin spokesman Dmitry Peskov told reporters on Friday. Moscow's announcement came shortly after Ukraine said two more ships were sailing through a temporary corridor Kyiv had set up to ensure safe navigation. «Two vessels are sailing through a temporary corridor from Ukraine's Black Sea ports to the Bosphorus,» Infrastructure Minister Oleksandr Kubrakov said on social media.

Trent Telenko, a former official at the Pentagon’s Defense Contract Management Agency who has studied Russian military logistics. Extending the front to within 6 miles “will make Tokmak useless as a road-rail transportation node," said Telenko. At that distance, Ukrainian artillery can stay about 10 miles behind the front, which he said is a sufficient distance to be relatively safe from Russian counter-battery fire.

Investing.com — As OPEC, you just have to say it, and worry about doing it later, or not doing it at all. But the market will respond, as you want it to, and that’s all that matters.

NEW DELHI : Average room rates for premier New Delhi hotels are set to triple next week, reaching a range of ₹18,000- ₹25,000, amid heightened demand driven by the arrival of thousands of delegates from 20 nations for the G20 summit across 9 and 10 September. The average daily rate (ADR), a key metric used by hoteliers to measure room revenue, from 7-11 September surged to ₹26,000, a more than fourfold increase from the average ₹6,000 in the past year, according to RateGain Travel Technologies’ Adara division data. ADR includes room rates, food and beverage, and other services availed of by customers, but it only counts the occupied rooms in a hotel, not the empty ones.

The entire Bolshoi Ussursky Island in Russia's Amur region has been displayed as Chinese territory in the new map and this could be a cause of tensions between Moscow and Beijing. The island is situated at the confluence of Amur and Ussuri rivers and located close to the Russian city of Khabarovsk making it strategically important, according to experts on Sino-Russian ties. While Russia ceded part of the island to China in 2004 under the border pact, China has a centuries-old grievance from the 19th century when it was forced to cede the territory to Tsarist Russia under two treaties of 1858 and 1860. But the cracks appearing in the Sino-Russian ties are not new.

Ukraine conflict and the contentious matter should be removed from the draft of the leaders' communique to pave the way for its release at the bloc's summit next week, Russian Ambassador Denis Alipov said on Friday. The envoy said Russia has been «very openly» supporting India's priorities under its G20 presidency and hoped that the summit will be a «huge success» for India and the whole world. There have been sharp differences between the Russia-China combite and the Western countries over the text to describe the Ukraine crisis. «Obviously, the situation is complicated.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

MOSCOW (Reuters) — Russian Deputy Finance Minister Alexei Moiseev said on Friday that the government would not allow foreign banks to leave Russia easily.

An advisory report issued by government agencies in the United States and the United Kingdom warns users to beware of new malware being used to target crypto wallets and exchanges. 

Crude oil imports from Russia to India have nearly... moreCrude oil imports from Russia to India have nearly tripled in Q1 of this fiscal year compared to the same period last year, totaling $12.36 billion.

Japan’s government is imposing sanctions against three groups and four individuals for supporting North Korea’s missile and nuclear development program

Nobel Foundation that administers the prestigious awards, has reversed its invitation policy and invited Russia, Belarus and Iran, as well as the leader of a far-right Swedish party, who had previously been banned. Vidar Helgesen, the executive director of the private foundation said in a statement that there was a global trend in which «dialogue between those with differing views is being reduced.» To counter that, he said, «We are now broadening our invitations to celebrate and understand the Nobel Prize and the importance of free science, free culture and free, peaceful societies.» The foundation said that invitation for the 2023 events was extended to all countries with diplomatic missions in Sweden and Norway and parties «that have parliamentary representation via democratic elections,» adding that «this common approach promotes opportunities to convey the important messages of the Nobel Prize to everyone, and in future this practice will be common to the entire organisation.» Last year, the diplomatic envoys of Russia and Belarus were barred from attending the glittery prize ceremonies and banquets, which always take place on December 10, because of the war in Ukraine, and the ambassador of Iran was also excluded because of «the serious and escalating situation» in the country. All the Nobel Prizes are handed out in Stockholm other than the Nobel Peace Prize, which is awarded in Oslo. The foundation also extended the invitation to the Sweden Democrats party leader Jimmie Akesson who declined it, saying on Facebook that «unfortunately I'm busy that day.» Swedish political party leaders are traditionally invited to the banquet but Akesson, who heads a nationalist party with far-right roots, has been snubbed in the

By Natalie Grover

Barclays Plc has earmarked cash from its balance sheet to hold corporate loans and compete directly with private credit funds, according to people with knowledge of the matter, as more banks look for ways to gain a foothold in the $1.5 trillion market for private debt.

Lavrov said on Friday. Lavrov, who has served as President Vladimir Putin's foreign minister since 2004, is due to represent Russia at the Sept. 9-10 meeting of the Group of 20 leading industrialised and developing countries in New Delhi. Putin is not known to have travelled abroad since the International Criminal Court issued an arrest warrant for him in March on suspicion of war crimes in Ukraine. «There will be no general declaration on behalf of all members if our position is not reflected,» Lavrov told students at the prestigious Moscow State Institute of International Relations. The Kremlin casts the Ukraine war, which began when Russia invaded in February 2022, as an existential battle with an arrogant West that Putin says wants to dismantle Russia and take control of its vast natural resources. The West denies any such intentions but says it wants Ukraine to defeat Russia on the battlefield and has imposed several rounds of sweeping economic sanctions in response to the invasion, which Russia calls a «special military operation». Other leading powers such as China, India and Brazil have called for peace but also reserved the right to determine their own relationship with Moscow.