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Friday, January 30, 2026
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

Economic Survey 2025-26 takes global lessons seriously—and shows why Swadeshi is the way to go

The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.

Economic Survey backs skilled visas to give IT services sector a boost, green energy for data centres

The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.

Indian Army ties up with US drone company that made its name in the Ukraine conflict

Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.