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

Indian government bonds surged Tuesday, with the benchmark 10-year yield on track for its largest monthly drop in seven years. This rally is fueled by declining oil prices and a…

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.

Foreign investors purchased Rs 41,800 crore ($4.4 billion) of Indian debt last month, marking a rebound for the market following tax incentives under the fully accessible route.