A dozen out of 14 new car brands slated for launch in the next financial year will be electric as carmakers align themselves to the government’s aim of having a third of sales powered by battery electric vehicles (BEVs) by 2030. However, the new nameplates are unlikely to become a major driver in boosting overall … Read more
The coming 12 months are shaping up as the year of the interest-rate cut. After racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the world are poised to begin easing monetary policy as inflation continues to retreat. The shift is captured by Bloomberg Economics, whose aggregate … Read more
Indian sovereign bonds, coming off the best annual performance in three years, are poised for further gains on expectations that their upcoming inclusion in a global bond index will lure big foreign inflows. The benchmark 10-year sovereign yield fell 15 basis points last year, the most in three years. It’s expected to slide by more … Read more
