Russia · Country watch
Kirov Airport Halts, India-Russia Trade Grows
Kirov Airport suspends operations, impacting logistics; India-Russia trade sees significant growth, boosting bilateral economic ties.
The picture Mixed
Conditions for business in Russia are mixed today. Kirov Airport's suspension impacts logistics, while growing India-Russia trade strengthens economic ties. The stable key interest rate suggests steady financial conditions.
In this briefing Kirov Airport · Rosaviatsiya · Denis Astafiev · Bank of Russia · Vinay Kumar · India-Russia trade
Regulation
Nothing significant reported today.
Disruption
Kirov Airport suspends operations temporarily
Kirov Airport has temporarily suspended flight operations, according to Rosaviatsiya. The airport is facing temporary restrictions on the acceptance and dispatch of aircraft, as reported by Interfax. The cause of the suspension has not been detailed, but it affects both incoming and outgoing flights. This disruption could impact logistics and travel plans in the region, affecting businesses relying on air transport.
Impact Logistics firms and travelers face delays and disruptions due to the halted operations at Kirov Airport.
Sources: interfax ↗, RIA ↗
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Bank of Russia likely to maintain key rate at 14%
The Bank of Russia is expected to maintain its key interest rate at 14% during its meeting on October 23, according to economists cited by Izvestia. The decision is influenced by accelerating inflation and increased lending and budgetary spending risks. Economist Denis Astafiev noted these factors as key in the central bank's pause in rate cuts.
Impact Lenders and borrowers in Russia face stable interest rates as the central bank maintains the key rate at 14%.
Watch The Bank of Russia's meeting on October 23. · 23 October 2026
Sources: Izvestia ↗
Trade
India-Russia trade hits $38 billion in H1 2026
India-Russia trade reached $38 billion in the first half of 2026, according to Indian Ambassador Vinay Kumar. The trade volume is on track to reach $100 billion by 2030, as reported by RT. This growth reflects strengthening economic ties between the two countries, with significant implications for sectors such as logistics and manufacturing.
Impact Exporters and importers between India and Russia benefit from the growing trade volume, enhancing bilateral economic ties.
Sources: RT ↗
Politics
Nothing significant reported today.
Also today in Russia
- Индексы МосБиржи и РТС начали основную сессию ростом на 0,5% — interfax
- Bank of Russia sets dollar rate at 83.62 rubles for October 17-19 — Tass
- Issues related to freight, insurance of diesel supplies to US effectively resolved — Novak — Tass
- Brent crude oil tops $109 per barrel for first time since September 15 — Tass
- Russian stocks up as main trading session opens — Tass
- Мощные взрывы в Одессе: НАТО заблокировано в Черном море — AiF Argumenti i Fakti
- Ship fuel squeeze persists despite accelerating crude exports via Strait of Hormuz — Vitol — Tass
- В РФ ожидают роста промышленного экспорта из ЕАЭС в Индонезию минимум на 25% после вступления в силу ЗСТ — interfax
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
- Argentina: Milei's Fiscal Surplus; Wholesale Inflation Rises
- Brazil: 6x1 Workweek Ends, São Paulo Storm Alert
- Canada: Alberta Referendum Nears, Canada-India Trade Progress
- China: EU Trade Tensions, IPO Fraud Clampdown
- Colombia: Drone Attack in Huila, Bogotá Tech Issues
- Germany: Italian Air Traffic Disruption, AI Stocks Fall
- Egypt: Egypt Halts Sudan Transit, Fish Exports to EU Approved
- Spain: Renfe Strike Announced, CNMC Restructured, El Corte Inglés Hiring
- France: Grenade Use Approved, Eurotunnel Accident, Tax Bill Rejected
- United Kingdom: UK Porn Ban, Scottish Flight Chaos, Train Delays
- Indonesia: IHSG Plummets, MSCI Review, PLN Leadership Change
- Israel: Proofpoint Buys Varonis, UK Sanction Powers Expand
- India: IMD Rain Alert, Delhi Protests, RBI Market Impact
- Iraq: Iraq Completes Cabinet, Investment in Hor Al-Dalmaj
- Iran: Iran-Armenia Trade Plan, Oil Tanker Fire in Hormuz
- Italy: Transport Strikes and Air Traffic Disruptions
- Japan: BOJ Rate Hike, Earthquake Alert Error, Rakuten Bond Sale
- Kenya: Ebola Control Rules, Cargo Regulations, Khat Beverage Crackdown
- South Korea: Seoul Stocks Rebound, Hyosung Expands, Bucheon Fire
- Lebanon: Fuel Prices Drop, ANKR 687 Project Launches
- Morocco: New Government Formed, Dirham Rates Update
- Mexico: Sonora Cattle Exports Halted, Hurricane Trudy Approaches
- Malaysia: Road Law Changes; El Nino Pressures Fisheries
- Nigeria: Nigeria Reopens First Niger Bridge, Inflation Eases
- Netherlands: Albert Heijn Delays, Infrastructure Cuts, Train Disruptions
- Poland: Tusk Warns of Russian Escalation, NBP Board Nomination
- Portugal: Lisbon Metro Strikes, Housing Protest Investigation
- Senegal: Senegal's Tax Exemption Audit, Strike Moratorium
- Syria: Gas Line Explosion, Currency Fluctuations
- Turkey: MSCI Freezes Indices, Istanbul Braces for Storm
- Ukraine: Kyiv Power Outages, New Import Tax Law
- United States: DOJ Fraud Directive, Wildfire Evacuations, Tech Stock Slide
- Vietnam: Vietnam Cuts Loan Rates, Masan's National Brand Wins
- South Africa: Durban Arson Escalates, Limpopo Investment Surges