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26 May 2017

Vladimir Putin and Donald Trump won't meet in Europe when Putin visits France

The travel plans of Russian President Vladimir Putin and U.S. President Donald Trump will not overlap when Putin travels to France next week, the Kremlin said on Friday.

05 Apr 2016

Panama Papers: 'Have done nothing wrong', world leaders, celebrities hit back

Among those named by the ICIJ and fellow media groups for their offshore dealings are relatives of Chinese leader Xi Jinping, close associates of Russian President Vladimir Putin, Iceland's Prime Minister Sigmundur David Gunnlaugsson, and Barcelona striker Lionel Messi.

25 Mar 2016

Russia, United States agree to speed up Syria peace effort

Speaking after a four-hour meeting with Russian President Vladimir Putin, U.S. Secretary of State John Kerry said Moscow and Washington would try in the next few days to nudge Syrian leader Bashar al-Assad to "make the right decision" about committing fully to peace talks.

13 Oct 2015

Vladamir Putin asks IMF to help Ukraine pay off $3 billion debt to Russia

President Vladimir Putin called Tuesday on the International Monetary Fund (IMF) to lend an additional USD 3 billion to Ukraine to help the ex-Soviet country pay off its debt to Russia.

09 Jul 2015

BRICS bank to finance energy projects from next year: Vladamir Putin

Russian President Vladimir Putin said on Thursday that a new BRICS bank would become fully operational and finance energy projects next year as emerging markets attempt to challenge the Western-dominated financial system.

08 Jul 2015

Russia President Vladamir Putin woos China before BRICS summit

Russian President Vladimir Putin and his government courted Beijing on Wednesday before a BRICS summit, playing down a stock market plunge in China and proposing better terms for investors from Beijing.

06 Jul 2015

BRICS summit gives Putin a chance to show Russia not isolated

The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions and show Moscow is not isolated.

06 Jul 2015

Vladamir Putin tells Alexis Tsipras supports Greek people to `overcome difficulties`

Russian President Vladimir Putin on Monday told Greek Prime Minister Alexis Tsipras he supported Greeks in overcoming the "difficulties" they faced after their resounding `No` to creditors` bailout terms, the Kremlin said.

01 Jun 2015

World Bank improves outlook of Russia`s battered economy

The World Bank on Monday said it saw some improvement in Russia`s battered economy, predicting it would shrink by 2.7 percent this year and return to growth of 0.7 percent in 2016.

International Monetary Fund

21 May 2015

IMF sees less pessimistic outlook for Russian economy

The International Monetary Fund on Thursday announced a less pessimistic forecast for Russia`s economy, predicting no more than 3.4 percent contraction in 2015 and emergence from recession in 2016.

06 Mar 2015

Vladamir Putin takes 10% salary cut in crisis-hit Russia

Russian President Vladimir Putin announced Friday he was cutting his salary by 10 percent as well as the earnings of several top government officials, as the country`s economy reels from the collapse of the ruble.

28 Jan 2015

Russia unveils $35 billion anti-crisis plan, silent on cuts to pay for it

Russia announced a $35 billion "anti-crisis" spending plan on Wednesday to bail out an economy battered by Western sanctions and falling oil prices, but gave few details of the deep cuts it said would be enacted this year to pay for it.

29 Dec 2014

Russian economy suffers first major contraction since 2009

Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis.

28 Dec 2014

Ruble fall creates turbulence for Russian airlines

Their international competitors may be cheering tumbling oil prices, but the collapse in the ruble has meant major financial turbulence for Russian airlines who have expenses in foreign currencies.

18 Dec 2014

Ruble steady in Asia after Russia measures to halt collapse

The struggling Russian unit was at 61.59 to the dollar after plunging to 80 earlier in the week, and at 74.21 against the euro after previously hitting 100.

17 Dec 2014

Russian economy faces 5% contraction: IIF economist

The sharp fall in oil prices and Western sanctions could combine to drive a five percent contraction of the Russian economy next year, an economist warned Wednesday.

17 Dec 2014

Russia spends billions to prop up ruble

Russia stepped up its defence of the ruble on Wednesday as it sought to halt a run on the currency and stem the worst financial crisis of President Vladimir Putin`s 15 years in power.

11 Dec 2014

India, Russia to explore oil and gas; aim for $30 bn trade

The two sides agreed to step up efforts for enhancing bilateral trade in goods and services and set a target of USD 30 billion by 2025, it said adding "it is expected that the level of mutual investments by then will be over USD 15 billion each way."

11 Dec 2014

Essar Group signs $10 bn pact to import oil from Russia's Rosneft

In one of the biggest oil deals, Essar Group Thursday signed a USD 10 billion contract to import crude oil from Russia over a 10-year period.

11 Dec 2014

Russian bank VTB to lend $1 bn credit to Essar Group

The agreement to this effect was signed by Essar co- founder Shashi Ruia and VTB Chairman Andrey Kostin in presence of Prime Minister Narendra Modi and Russian President Vladmir Putin Thursday.

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