Supermarket theft rising in Russia

Shoplifting has increased by up to 20% over the past year, according to market estimates Retail theft in Russia has increased by nearly a third over the past year, which has put pressure on large supermarket chains, the news outlet Shoppers reports, citing market players.

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Share of non-cash payments in Russia hits 80%

The share of cashless transactions in Russia has surged to 80%, up from just 25% a decade ago, the head of the Bank of Russia, Elvira Nabiullina, said on Saturday. “The share of non-cash payments is like a barometer for assessment of maturity of state financial system,” Nabiullina said at the international RUSSIA EXPO, which…

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Putin speaks to Modi

The leaders of Russia and India discussed bilateral relations and the Ukraine conflict during a phone call Russian President Vladimir Putin had a phone conversation with Indian Prime Minister Narendra Modi on Monday, the Kremlin has announced. The leaders reportedly discussed issues related to the development of bilateral ties and noted progress in various fields…

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