Dhananjay Sinha

The ruble has recouped most of its losses and become the top-performing currency globally. Photograph: Alexey Malgavko/Reuters It continues to gain and is up 60 per cent against the US dollar from its lows in the first week of March. The…

Many analysts see a further downside to stock prices on Dalal Street and Sensex valuations if the crude oil price stays above $110 a barrel for an extended period. Krishna Kant reports. Photograph: Sergei Karpukhin/Reuters A sharp sell-off…

The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact…