India bond yields drop as FM says govt won't rethink foreign bond plan


Indian bond yields dropped sharply on Monday after the finance minister said the government won't change its plan to issue sovereign bonds and that she hopes the Reserve Bank of India makes more rate cuts. "I'll honestly wish (for a) rate cut ...

and yes, a significant rate cut would do a lot of good for the country," Nirmala Sitharaman told newspaper Economic Times in an interview published on Monday. "I am conscious that the RBI has taken a very accommodative posture and done nearly...75 basis points (rate.....

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