Vladimir Putin says Russian economy not in crisis

Last Updated: Tuesday, April 28, 2015, 23:07

Russian President Vladimir Putin said Tuesday the country's economy was not in crisis and that the worst was over, as the central bank is set to meet this week to decide whether to lower the interest rate following the ruble's rebound.

GM first-quarter profit misses estimates on South America, Russia weakness

Last Updated: Friday, April 24, 2015, 02:43

General Motors posted a smaller-than-expected quarterly profit on Thursday on weakness in South America and Russia and a higher tax rate, sending shares down 3.5 percent.

Food exports to Russia: MEA asks Ind firms to focus on quality

Last Updated: Wednesday, April 22, 2015, 17:33

The External Affairs Ministry Wednesday cautioned Indian exporters not to compromise on prescribed norms to avoid rejection of their food and health products to Russia in the wake of sanctions imposed on it by USA and European Union.

Russia to invest $2 bn to build pipeline in Pakistan

Last Updated: Saturday, April 18, 2015, 14:53

Russia will invest a whopping USD 2 billion in Pakistan to build a 1,100-kilometre pipeline from southern port city of Karachi to Lahore to transport liquefied natural gas.

Vladamir Putin says worst is over for Russian economy

Last Updated: Thursday, April 16, 2015, 19:36

President Vladimir Putin said Thursday the worst was over for Russia`s crisis-hit economy as he shrugged off widespread concerns over the impact of the Ukraine crisis in his annual phone-in.

EU, Russia, Ukraine to resume trade pact talks

Last Updated: Tuesday, April 14, 2015, 18:00

The EU, Russia and Ukraine will resume talks in Brussels next week on Moscow`s concerns about the European bloc`s free trade pact with Kiev, EU officials said Tuesday.

EU says Ukraine-Russia gas talks in Berlin postponed

Last Updated: Friday, April 10, 2015, 23:40

EU-brokered gas talks between Russia and Ukraine on a long-term supply deal due Tuesday in Berlin have been postponed, the EU announced Friday.

Crimea takeover to cost Russia $200 bn: Ex-minister

Last Updated: Tuesday, March 31, 2015, 18:58

The fallout from the annexation of Crimea will cost Russia`s economy up to $200 billion over the next few years, a former finance minister said on Tuesday.

More countries say to join China-backed AIIB investment bank

Last Updated: Saturday, March 28, 2015, 21:19

Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China`s regional and global influence.

Australia, Russia sign up for China-led AIIB

Last Updated: Saturday, March 28, 2015, 18:48

Australia and Russia on Saturday announced their decision to join the China-funded Asian Infrastructure Investment Bank (AIIB), joining the last-minute rush to sign up to the USD 50 billion bank before the March 31 deadline amid speculation that the US too may apply.

Russia proposes ICT group for BRICS: Prasad

Last Updated: Wednesday, March 25, 2015, 17:47

India will give a structured response on a Russian proposal to set up an ICT group among the BRICS nations to deliberate on common issues in this area, Telecom Minister Ravi Shankar Prasad said today.

German business confidence hits 8-month high in March

Last Updated: Wednesday, March 25, 2015, 16:53

German business confidence rose to its highest level in eight months in March, as optimism continues to grow about the outlook for Europe's biggest economy, the Ifo economic institute said Wednesday.