Russia, the world's largest country in terms of size and ninth in terms of population, spans across portions of eastern Europe and northern Asia. Its nominal gross domestic production (GDP), as per the 2021 estimates, stood at USD 1.710 trillion, making it the eleventh largest in the world. According to the World Economic Outlook released by the International Monetary Fund (IMF), Russia's economy generated services and goods of an estimated value of USD 1,647 billion. This was higher as compared to USD 1,610 billion generated by Australia. The Russian capital, Moscow, is a city of roughly 145.5 million inhabitants. It is the largest city in Europe. Other major cities of Russia are St Petersburg, Nizhny Novgorod, Yekaterinburg, Novosibirsk and Kazan. In terms of military strength, Russia is considered to be equipped with the world's second most powerful military, according to defence tracker Global Fire Power. As per the Stockholm International Peace Research Institute (SIPRI), Russia's military expenditure was USD 61.7 billion in 2020. The modern Russian state came into being in 1991, after the dissolution of the Soviet Union that encapsulated vast territories of eastern Europe and central Asia. Since the year 2000, Russia has been led by Vladimir Putin, a former intelligence officer who later rose to the helm of the country's political establishment. More
The aircraft was flying without weapons when it came down, the ministry said, adding that a ground search-and-rescue team evacuated the pilots and that their lives were not in danger.
Falling tax revenues from the oil and gas sector have widened Russia’s budget deficit, as economic growth stalls and spending on the war in Ukraine continues to drain resources.
First Deputy Prime Minister Denis Manturov met with PM Modi and discussed ways to deepen economic cooperation and enhance connectivity corridors.
From mobile outages to pressure on Telegram, Moscow’s push for a controlled “sovereign internet” is becoming more visible.
Lavrov said that the US and Israel do not support normalisation between Iran and its neighbouring countries, and warned that the ongoing conflict in the Middle East could escalate into a wider war.
The U.S. allowed a sanctioned Russian tanker to deliver crude to Cuba for humanitarian reasons, providing temporary relief amid blackouts, fuel shortages, and public frustration, while maintaining that sanctions policy remains unchanged.
Following the meeting, the Russian Deputy Foreign Minister also met with External Affairs Minister S Jaishankar.
Volodymyr Zelensky said a prolonged Iran conflict would benefit Russia by boosting energy revenues and diverting US attention, while creating serious risks for Ukraine’s military supplies and defence capabilities.
The Russian tanker Anatoly Kolodkin, carrying 730,000 barrels of oil, is en route to Cuba despite US sanctions, aiming to ease the island’s worsening fuel crisis and widespread blackouts.
India and Russia are moving quickly to explore a deal as energy markets tighten following tensions in West Asia and disruptions linked to the Strait of Hormuz.
The facility, which has a design capacity of over 400,000 barrels a day, focuses on producing diesel, gasoline and fuel oil, with a significant proportion of light-product fuels sent for exports.
The energy giant Rosneft PJSC’s Bashneft unit has three oil processing facilities in the city with a combined processing capacity of 23.5 million tons a year.
The threat of military force could give Moscow another tool to pressure governments abroad.
Russia has seen a rise in demand for its exports since the Iran war trapped a chunk of global oil production in the Gulf
In recent years Moscow has tightened abortion rules and passed bills to make so-called "child-free propaganda" illegal.
Zamir Kabulov, Russia’s Special Representative for Afghanistan, said Moscow is closely watching the situation and is concerned about the escalation.
These earnings come primarily from sending military personnel and supplying weapons to Russia, marking one of the most significant financial inflows for the heavily sanctioned regime in recent years.
Imports are diversified but still skewed towards a few major suppliers.Russia and Saudi Arabia are the top sources, followed by Morocco, Oman and China
The Aqua Titan is set to arrive in New Mangalore on March 21 with its Urals cargo that it loaded from a Baltic Sea port in late January, according to ship-tracking data.
The spike follows higher global oil prices amid the ongoing war in the Middle East. The discount on Russia’s crude shipped to Indian ports narrowed to $4.80 a barrel versus the global benchmark
At a time when the Kremlin is still fighting its war in Ukraine and dealing with Western sanctions, the turmoil in West Asia has unexpectedly strengthened Moscow’s position.
With mobile internet services becoming unreliable in parts of Moscow, many people are turning to older communication devices to stay connected.
Russia is reportedly providing Iran with advanced drone tactics from its Ukraine war, helping target US and Gulf assets. US officials deny intelligence sharing, while Ukraine offers counter-drone expertise to Gulf states.
Reports of disruptions in Moscow, a city of more than 13 million people, began early last week and intensified in the following days, according to data from outage-tracking service Sboy.rf.
While continuing its military campaign, Iranian leaders have also attempted to calm concerns among neighbouring Gulf countries that have been caught in the crossfire of the conflict.