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Finance Minister Alexei Kudrin

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Smoke, drink more, urges Russian Minister

 Russia's Finance Minister Alexei Kudrin has asked citizens to smoke and drink more, saying that higher consumption would help lift tax revenues for spending on social services. "If you smoke a pack......

India wants terror set-up dismantled: Sinha

 New Delhi wants a complete dismantling of infrastructure that supports anti-India terrorism, External Affairs Minister Yashwant Sinha said in Moscow on Friday.He said any rise or fall in the number......

China financed Yukos acquisition

China had financed the acquisition of embattled Yukos' core asset Yuganskneftegaz by Russia's state-owned 'Rosneft' oil last month in return of oil supplies till 2010, a senior Russian official......

Economy: Russian Prez paints a grim picture

 Painting a grim picture for Russia's economy, President Dmitry Medvedevsaid on Monday the budget deficit could cross seven per cent ofgross domestic product this fiscal and called for austerity......

Russia not to join WTO this year

Russia on Monday said it will not join the World Trade Organisation this year and is unlikely to join the global trade body next year. "Russia will not join the World Trade Organisation this year......

China denies funding Yukos takeover

 China on Thursday denied providing any fund for the controversial purchase of Russia's oil giant Yukos but declined to give more information on the mystery deal."My answer to your question is very......

FM to attend G-8 meet in Moscow

Finance Minister P Chidambaram would attend a ministerial meeting of G-8, the group of the world's eight richest nations, in the Russian capital Moscow on Saturday. Chidambaram is expected to......

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