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The stars of Russian show business want to boycott Russian Radio.


The current level of foreign exchange reserves of Russia does not allow to maintain the rouble exchange rate, the only remaining leverage of the Central Bank is the key rate.


The founder of the Federation Fund Vladimir Kiselev urged the Russian singers to give way to young people.


The Ministry of Communications and Media has supported the creation of a patriotic musical holding based on Russian Media Group (RMG) and State Concert. This was reported to Rambler by the source involved in the negotiations.


Russia-IC brings you the Central Bank's Monetary Policy Report published in June 2015.


The Bank of Russia conducts FX policy under managed floating exchange rate regime.


Rosneft has posted an official statement over the move to include some of its subsidiaries on the sanctions list by OFAC.


MegaFon has published its unaudited consolidated financial results for the second quarter and first half of 2015.


The board of the Central Bank is scheduled to have a policy meeting on Friday. Earlier, analysts predicted that the regulator would lower the key policy rate again to spur lending but under the current circumstances the decision may be and should be as experts now insist postponed.


Rosneft, the Italian Finmeccanica SpA company and The Helicopters of Russia signed an agreement on the reorganization of the Helivert joint venture.


The Ervington Investments foundation owned by the billionaire Roman Abramovich paid 9.75 million US dollars for the purchase of the preferred shares of the American Propell Technologies company developing technologies of increasing oil and gas production from shale deposits.


Chris Weafer of Macro-Advisory explains to the West why Russians approach August with almost a sense of dread. It is a case of if something bad is going to happen it is more likely to happen in August, he makes a fair point.


Net profit of Promsvyazbank (PSB) for the first half of 2015 amounted to RUB8.6 bn, compared to RUB3.0 bn for the same period last year.


Russias Central Bank has posted the Top 10 list of domestic banks that are considered systemic institutions.


The Kremlin has admitted bitcoins can be used for some transactions after cautious statements by the Central Bank.


The sales of new cars and light commercial vehicles (LCVs) in Russia decreased by 36.4 percent in the first half of 2015, as compared with the same period of last year, and amounted to 782.1 thousand cars.


The International Union of Commercial Organizations of China and the Middle Ural Development Corporation signed an agreement providing for bringing Chinese companies to the territory of the Russian-Chinese Business Park that is being created.


The state corporation Rosatom ranks first in the world in the number of designed reactors for nuclear power plants.


Sberbank owning a 100 percent stake in Pandora jewelry network in Russia expects to sell the asset at a profit in 2015.


The American General Electric GE Corporation has signed a number of agreements with Russian companies, including Rosneft, Rosseti and Transmashkholding, at the St. Petersburg Economic Forum.


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