India scrapped capital gains and withholding taxes for foreign bond investors, driving $1.84 billion in June inflows, the highest in 16 months.

In June, Indian government bonds underwent a remarkable rally, showcasing the largest monthly yield drop for the benchmark 10-year bond in seven years. This upward trend was…

India scrapped capital gains and withholding taxes for foreign bond investors, driving $1.84 billion in June inflows, the highest in 16 months.