Russia's federal budget deficit rose sharply to 4.9 trillion rubles ($61.4 billion) by the end of July, the Russian Finance ...

Russia's seven-month budget deficit exceeded the target for the entire year by a quarter, Finance Ministry data showed on ...

Hit by falling oil revenues and Western sanctions, growth in the country has slowed while the budget deficit has exploded.

The Russian economy was slowing even before President Trump’s latest threats. But the Kremlin has enough money to keep ...

In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.

Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's full-scale invasion of Ukraine.

Pro-Kremlin figures view the summit as the prelude to lifting sanctions and absolving the Russian army for war crimes ...

The finance ministry originally thought oil and gas revenues would hit 10.94 trillion rubles by the end of 2025, but this was ...

Russia is running out of money, soldiers and time. As the economy crumbles and the war in Ukraine continues, the cracks in Putin's regime are deepening. Could 2026 see the collapse of Putin's Russia?

President Trump accused India of aiding Moscow’s war on Ukraine by purchasing Russian energy, derailing trade talks between ...

Execs at some of Russia's big banks have discussed approaching the central bank for a bailout, Bloomberg reported this week.

US President Donald Trump has slapped 25 per cent tariffs on Indian goods, citing trade deficits and India’s deepening energy ...