Bonds in India head for losses on PM Modi’s near-record borrowing plan
0 Comments

India is poised to sell a near-record amount of debt in the coming fiscal year, pressuring a sovereign bond market that’s increasingly worried about support from the central bank.

Prime Minister Narendra Modi’s government may announce a gross borrowing plan of 10.6 trillion rupees ($145 billion) for the 12 months starting April in its budget announcement on Feb. 1, according to a median forecast of 15 analysts surveyed by Bloomberg News.

Bonds in India head for losses on PM Modi’s near-record borrowing plan

India to ink strategic partnership framework with IEA today

Tax sops over subsidies: Why PLI scheme doesn’t enthuse India Inc

India pledges $150,000 for UN peacebuilding as a token of engagement

Kerala tops India’s daily Covid-19 cases. What went wrong?

Author

mukeshathavale.manzi@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *