Topic

Russian economy

Trump says Modi assured him India will stop buying Russian oil

Published 16 Oct, 2025 08:16am

WASHINGTON: US President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop...

Kremlin rejects Trump’s view that the Russian economy could collapse

Published 15 Oct, 2025 04:33pm

MOSCOW: The Kremlin on Wednesday pushed back at U.S. President Donald Trump’s warning that the Russian economy was...

Peace not war is the focus now for Russia and United States, Kremlin says

Updated 16 Feb, 2025 10:43pm

MOSCOW: The Kremlin said on Sunday that the significance of the phone call between Vladimir Putin and Donald Trump...

Volodymyr Zelenskiy says draft US minerals deal ‘does not protect’ Ukraine

Updated 16 Feb, 2025 10:09pm

MUNICH: President Volodymyr Zelenskiy said on Saturday a draft minerals deal with Washington did not contain the...

Sergei Lavrov, Rubio discuss removal of ‘barriers’ set by previous US administration, Russia says

Published 16 Feb, 2025 10:31am

MOSCOW: Russian Foreign Minister Sergei Lavrov and US Secretary of State Marco Rubio discussed the situation in...

‘G-7 Actions: risking greater conflict with Russia’

Published 22 Jun, 2024 06:47am

This is apropos a letter to the Editor by this writer with the above headline carried by the newspaper recently. I...

Russian central bank raises key interest rate to 16% to counter inflation

Published 15 Dec, 2023 07:00pm

MOSCOW: Russia’s central bank on Friday raised its key interest rate to 16 percent, announcing a fifth hike since...

World Bank lifts Russia growth forecast on resilient energy exports

Published 06 Jun, 2023 06:49pm

WASHINGTON: The World Bank has significantly improved its outlook for the Russian economy this year due to...

Russia risks cloud outlook for Central Asia, Caucasus: IMF

Published 11 May, 2023 03:04pm

ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face of...

Russia may see wider 2023 budget deficit, lower growth for years to come: IMF

Published 11 Apr, 2023 06:22pm

MOSCOW: Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global...

G20 tussles overc war as West steps up sanctions

Updated 25 Feb, 2023 09:04am

BENGALURU: Finance leaders of the world’s top economies sought on Friday to bridge differences over how to deal with...

Sanctions having ‘significant negative effect’ on Russian economy: Yellen

Published 23 Feb, 2023 05:19pm

BENGALURU: Sanctions imposed on Russia are having a “very significant effect”, US Treasury Secretary Janet Yellen...

US sanctions authority probes Raiffeisen on Russia

Published 19 Feb, 2023 03:19am

The United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its ...

Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc

Published 02 Jan, 2023 06:43am

MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%...

Russia likely to buy yuan on FX market in 2023

Published 23 Dec, 2022 05:54am

MOSCOW: Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, ...

Washington considers sending advanced air defence system to Ukraine

Published 14 Dec, 2022 11:03am

KYIV/WASHINGTON: The United States was finalising plans to send its sophisticated Patriot air defence system to...

Whoosh tests Russian IPO interest as foreign investors frozen out

Published 14 Dec, 2022 05:57am

Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation ...

Xi, Putin to attend G20 summit in Indonesia’s Bali this November

Published 19 Aug, 2022 10:04am

Chinese and Russian leaders Xi Jinping and Vladimir Putin will attend the G20 summit on the resort island of Bali...

Stalemate, for now.

Published 19 Aug, 2022 08:55am

It’s almost six months since Russia’s brutal invasion of Ukraine unfolded, sending global financial markets and...

A 'default' when flush with cash: Five signs Russia ain't sinking yet

Published 27 Jun, 2022 06:12pm

LONDON: Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast...

Putin says no Iron Curtain will close off Russia’s economy

Published 09 Jun, 2022 08:10pm

LONDON: President Vladimir Putin said on Thursday that no Iron Curtain would fall over the Russian economy despite...

Russia says no agreement reached with Turkey on Ukrainian grain sale

Published 09 Jun, 2022 06:56pm

LONDON: The Kremlin said on Thursday that no agreement had been reached to sell grain from Ukraine to Turkey - which...

UniCredit executive says chances to cut Russia exposure ‘limited’

Published 08 Jun, 2022 07:09pm

MILAN: UniCredit has “limited” opportunities to reduce its exposure to Russia, the Italian bank’s finance chief said...

VTB says Russian banks could get $52bn boost if country ditches Basel rules

Published 26 May, 2022 06:21pm

Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital...

UK hits Russian airlines with fresh sanctions

Published 19 May, 2022 03:08pm

LONDON: The UK government said on Thursday it is slapping further sanctions on Russia’s main airlines by barring...

Russian central bank eyes rate cut, warns of structural changes to economy

Published 21 Apr, 2022 08:38pm

Russia’s central bank will consider cutting its key interest rate further at upcoming board meetings, Governor...

Inflation in Russia hits highest since early 2002

Published 20 Apr, 2022 10:00pm

Annual inflation in Russia accelerated to 17.62% as of April 15, its highest since early 2002 and up from 17.49% a...

Russian rouble firms vs dollar, OFZ bonds near 2-month highs

Published 20 Apr, 2022 05:12am

MOSCOW: The Russian rouble firmed against the dollar on Tuesday, while prices for OFZ government bonds rose to their...

Inflation in Russia hits highest in more than 20 years

Published 13 Apr, 2022 09:46pm

Annual inflation in Russia accelerated to 17.49% as of April 8, its highest since February 2002 and up from 16.70% a...

Ukrainian foreign minister says ready to negotiate, but will not surrender

Published 12 Mar, 2022 11:04pm

WASHINGTON: Ukraine was ready to negotiate to end the war started by Russia's invasion more than two weeks ago, but...

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Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Russian economy

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