While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
Inclusion of Indian bonds on J.P. Morgan’s emerging markets index may lead to more foreign investment & lower borrowing cost. Dollar inflows could imply rupee appreciation & higher liquidity.
It will attract more foreign funds and support diversification of investor base. Continued focus on macro-stability and fiscal prudence will be crucial to navigate associated challenges.
JP Morgan included Indian bonds in its widely-tracked emerging markets bond index, exposing them to foreign investors. Finance Ministry officials and market analysts both lauded move.
PineBridge Investments and Lombard Odier expect bonds to decline after budget didn’t address tax changes needed for sovereign debt to be listed on the Euroclear platform.
Amid a cash crunch due to Covid-19, states have been forced to borrow at a rate at least 1.3 percentage points higher than the rate at which RBI lends to banks.
Data from one comprehensive survey of the relocation landscape by the US-based Global Conservation shows that there is simply not enough large-bodied prey—a prerequisite for tigers—in the intended release area.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
COMMENTS