You are here

India government bonds take a beating over Budget fears

Mumbai

INDIAN sovereign bonds have turned into Asia's worst performers in 2016, from the best in the previous two years, amid concern Prime Minister Narendra Modi's budget will show fiscal discipline is slipping away.

The government may seek to borrow an unprecedented 6.8 trillion...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes