Govt & RBI have held talks with JPMorgan emerging markets bond index , but index managers need approval from investor committees. Announcement expected to take at least 2 quarters.
Bond yields globally are declining and bonds in India are less enthused given the lack of clarity on the govt’s spending plans and its foreign debt debut.
A news report claims the PMO is opposed to selling debt in foreign currencies, a day after a top finance ministry official overseeing the sale was transferred.
Finance Minister Nirmala Sitharaman announced the offshore bond sale plan in the annual budget, at a time when options to raise funds to boost infrastructure spending are shrinking.
The first Bridgerton kitty party was a roaring success. Aunties came dressed in their best saris. I would like to know what this kitty’s Whistledown is saying in her WhatsApp goss group.
By next weekend, Bangladesh will have an elected government. This is India’s moment to reboot broken ties by moderating the ‘ghuspethiya’ rhetoric in poll-bound West Bengal and Assam.
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