corporate bond

Targeting 7%+ growth for next 2 decades: DEA secretary

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Targeting 7%+ growth for next 2 decades: DEA secretary

New Delhi: India isn’t looking for a short burst of accelerated economic growth but a sustained expansion rate of over 7% for at least the next two decades, which requires a whole “reimagining” of its financial sector, economic affairs secretary Ajay Seth said on Tuesday. Delivering the valedictory speech at a Confederation of Indian Industry … Read more

bond yields: Government bond yields rise to 2-month highs

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bond yields: Government bond yields rise to 2-month highs

Mumbai: Government bond yields jumped to a two-month high on Tuesday as unexpectedly firm US economic data dampened hopes of the Federal Reserve reducing interest rates anytime soon, driving up American bond yields and reducing the appeal of Indian fixed-income assets. Yield on the 10-year benchmark government bond rose 7 basis points to settle at … Read more