Bloomberg Sovereign bonds in India rose to their highest in more than a decade and stocks fell the most since 2015 amid rising risks to the nation’s financial system along with a plunge in crude that led to panic sell-off of risk assets globally. The yield on the benchmark 10-year debt slid below 6% for the first time since 2009. ...

Bloomberg India, home to one of the world’s worst piles of bad debt, once again finds itself defending the stability of its financial system after the biggest bank failure in its history. The Reserve Bank of India (RBI) took to Twitter to affirm the safety of deposits in the wake of a decision to seize Yes Bank Ltd. and invite ...

Bloomberg The French economy will barely grow this quarter as the coronavirus outbreak slams the brakes on activity in both services and industry, according to a Bank of France survey. The downbeat assessment comes amid concern that Europe may be headed for a recession after Italy put its industrial heartland into lockdown, and global equities and oil prices tumbled. It’s ...