Russian banks last year hit a record net profit of 3.8 trillion rubles (some $41 billion). A report from the Central Bank of the Russian Federation on Thursday said the corporate loan portfolio of ...

Despite global uncertainty, India has maintained steady economic growth, according to the Economic Survey 2024-25. The Survey reports that India’s real GDP growth of 6.4% in FY25 remains close ...

Car dealerships in Russia are closing in their hundreds as the country's economic crisis continues to deepen. Late last year, the Russian Central Bank raised interest rates to a record high of 21% ...

In annual terms, inflation in Russia as of January 27, 2025 (according to calculations based on average daily data for the current and previous year on similar dates) amounted to 10.13% MOSCOW ...

The Russian economy is facing the prospect of a huge rise in corporate bankruptcies as firms are driven to the edge by a record key interest rate. The Center for Macroeconomic Analysis and Short ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew ...

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew faster than ...

An icon in the shape of a lightning bolt. Impact Link Economists are questioning Russia's latest economic data, as they say recently published and cited figures don't seem to match its real ...

Russia's latest economic figures show it had a strong 2024. But economists are suspicious, believing its data don't stand up to scrutiny and is inflated. This week, Trump threatened high tariffs ...