Russia Financial News

Economy will cross 4 trillion in 2024 -25 and the per capita nominal GDP will also cross $2800, said an analysis conducted by the industry body, PHD Chamber of Commerce and Industry. The pace of economic activity is expected to remain strong on the back of various structural reforms undertaken by the government during the last 3 years, noted the study, showcased during a seminar organised by the PHDCCI yesterday.

By Natalie Grover

Russia will regard Western F-16 fighter jets sent to Ukraine as a «nuclear» threat because of their capacity to carry atomic weapons, Foreign Minister Sergei Lavrov said on Thursday. Modern warplanes have been at the forefront of Kyiv's demands for military aid from its Western allies as it fights back against Russia's offensive. Lavrov spoke of a US plan to transfer F-16s to Ukraine, although Washington has not given the go-ahead for any country to supply them. «Russia cannot ignore the ability of these aircraft to carry nuclear weapons. No amount of assurances will help here,» Lavrov was quoted as saying by the Russian foreign ministry. «In the course of combat operations, our servicemen are not going to sort out whether each particular aircraft of this type is equipped to deliver nuclear weapons or not.

Prime Minister Narendra Modi said that India's stand on the Ukraine war remains clear, transparent and consistent. Narendra Modi in an interview with Les Echos, a French financial newspaper, said, “India's stand has been clear, transparent and consistent.

The Russian Central Bank could begin “real-world” tests on the digital ruble next month after parliament approved a key piece of CBDC legislation.

NATO’s ranks are swelling, with Finland and Sweden joining or set to join and the alliance promising to admit Ukraine.

New York Post, this gaffe occurred just a day after Zelensky expressed frustration at Ukraine not receiving an invitation to join the North Atlantic alliance, only to retract his statement shortly afterwards. “Vladimir and I … I shouldn’t be so familiar," Biden said during a press conference in the Lithuanian capital.

Reuters reported. Currently, the last two ships under the agreement are being loaded with cargo at the Ukrainian port of Odesa before the deadline. Moscow has made a significant request for the re-establishment of connectivity between the Russian agricultural bank, Rosselkhozbank, and the SWIFT international payment network.

alliance's annual summit, AP reported. “The Ukrainian delegation is bringing home a significant security victory for the Ukraine, for our country, for our people, for our children," he said while flanked by U.S. President Joe Biden and other leaders from the Group of Seven most powerful democratic nations.

Oil prices rose in early Asian trade on Thursday after U.S. inflation and economic data sparked hopes the Federal Reserve may have fewer interest rate hikes in store for the world's biggest economy. Brent crude futures rose 6 cents to $80.17 per barrel by 0004 GMT and U.S.

₹386 crore Chandrayaan-1 was successful. Its orbiter kept orbiting around the Moon for 312 days conducting experiments while its impact probe landed on the lunar surface and discovered signs of water. The ₹850 crore Chandrayaan-2’s mandate was bigger.

(Reuters) — Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little over a week before the central bank is expected to hike interest rates for the first time in more than a year.

The failed ‘mutiny’ by the private military Wagner Group in Russia has generated a debate on the rise of private armies in modern warfare. Tony Barber in Financial Times pointed to a mercenary tradition in Russia that dates back to at least the times of Leo Tolstoy. But the practice was widespread.

Fox News host Tucker Carlson gave Tate a platform during the two-and-a-half-hour-long interview that was uploaded on Twitter. Soon after the interview, which marked the debut episode of Carlson's new show, titled Tucker on Twitter, it garnered millions of views, sparking both outrage and criticism. In the interview, Tate said, while expressing gratitude to Putin, stating, "We should all give Putin credit for curing Covid.

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

As momentum builds around the ‘digital ruble’, the proposed Central Bank Digital Currency (CBDC) of the Russian Federation, the country’s parliament has inched closer to the landmark legislation. 

Concerns are growing that Russia won't extend a United Nations-brokered deal that allows grain to flow from Ukraine to parts of the world struggling with hunger

The price of Shiba Inu (SHIB) has barely moved in the past 24 hours, with its current level of $0.00000753 representing a 1% loss in the past week.

Ukraine's President Volodymyr Zelensky welcomed new security commitments from the G7 powers on Wednesday, but warned that these could not be a substitute for eventual NATO membership. Speaking after talks with NATO Secretary General Jens Stoltenberg, Zelensky said the G7 promises should be seen «not instead of NATO, but as security guarantees on our way to integration». «We can state that the results of this summit are good, but should we receive an invitation, then that would be the optimum,» he said at NATO's summit in Vilnius.

Over the past two seasons, Ukrainian tennis player Elina Svitolina has taken two major breaks from the professional game for reasons that couldn’t be farther apart. Early last year, exhausted physically from injuries and mentally from watching Russia invade her home country, tennis was suddenly and profoundly irrelevant to her. Then in October of that year, she put tennis on the back burner again for a happier reason: She and her husband, the French player Gaël Monfils, welcomed their first child.

RBI data, the total vehicle loan outstanding climbed from Rs 3.65 lakh crore in May 2021 to Rs 4.16 lakh crore in May 2022, and further to Rs 5.09 lakh crore as of May 19, 2023. The annual rise in loan outstanding was only 14 per cent in May 2022.