ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today reviewed ...
Read More »Rising India rates to upset PM Modi’s math on small savings
Bloomberg India proposed a lower-than-expected market borrowing program, as part of a plan that sought to bridge its budget deficit by boosting reliance on the nation’s small savings pool. The decision triggered the biggest drop in the benchmark 10-year bond yields in over two months. Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial ...
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