India is exploring a rupee-rouble trade mechanism with Russia to circumvent the sanctions on Moscow by the US and its allies. What are the options and how feasible will they be in the long run? Earlier in March, Business Standard had reported that the government was looking at allowing India-Russia trade in local currencies. Initially, this would apply to sectors such as agriculture, pharmaceuticals and energy, where sanctions had not been …

Germany, once among the top five markets, has now slipped to tenth.
Russia’s attack on Ukraine has upended the ranking with European nations seeing the maximum erosion in market cap.
India’s equity market has broken into the world’s top five club in terms of market capitalisation for the first time. The country’s total market cap stands at $3.21 trillion, which is higher than …