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Tuesday, August 12, 2025
TopicRussian economy

Topic: Russian economy

‘Russian economy was performing better than expected,’ says Vladimir Putin

Prime Minister Mikhail Mishustin told Putin that GDP growth may exceed 2% this year and consumer price inflation may not rise above 5% in annual terms.

Russia stands by 2% of GDP budget deficit plan after huge January shortfall

Russia recorded a budget deficit of almost $25 billion in January, in part due to falling oil and gas revenues, the lifeblood of Russia's economy.

Putin acknowledges Russian army could be fighting in Ukraine for ‘a long time’

Russia has been forced into a series of significant retreats in the face of Ukrainian counter-offensives, waged with increasing stocks of Western weaponry, in east & south Ukraine since July.

G7 leaders agree to explore global price cap on Russian oil. Here’s why it could be tricky

Unlike EU’s approach of phased ban on 90% of Russian oil by end of year, a price cap would mean allowing countries to continue to import Russian oil but limiting the price.

McDonald’s Russia exit is about public pressure, not social good. Being ‘woke’ is profitable

There are 20 ongoing wars happening around the world as we speak—which of them qualify for a corporate boycott? Companies are only picking their sides.

Russian billionaires face fresh blow after Putin bans firms from foreign stock listings

Putin signed off on legal amendments that require Russian companies to delist their overseas shares, winding up a process that has gathered pace with the annexation of Crimea in 2014.

Mocked by Biden as ‘rubble’, the ruble rises as Europe can’t stop guzzling Russian gas

The rapid ruble recovery gives Putin a major victory back in Russia, where many people fixate on the currency’s ups and downs, even as his military gets bogged down in Ukraine.

How US & allies’ potential sanctions on Russian oil & gas could hit life in Europe

Sanctions on energy imports from Russia could have complicated effects on oil & gas supply chains globally, and in Europe, living standards and economic activity could be impacted.

On Camera

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.