Formal call likely in Jan; inclusion may trigger $25 billion inflows
The move may spur a rally in longer-tenor bonds, following calls from market participants for the government to reduce issuance of these securities
IndiaBonds, a Sebi-registered broker and licensed online bond platform provider, on Tuesday said it has entered into a strategic alliance with Upstox to enable retail investors to avail a wide range of bond investments on the brokerage platform. Bonds are a fixed-income investment instrument offering regular, passive returns to investors looking for stability and steady growth in their portfolios. Through this integration, Upstox's over 1.3 crore retail investors can now access IndiaBonds' offerings on its platform, boosting retail participation in Indian bond markets. All transactions will be executed on IndiaBonds in compliance with Sebi's Online Bond Platform Providers norms and regulatory framework. Vishal Goenka, Co-Founder of IndiaBonds.com, said, "This is a very exciting collaboration which will open access to our wide range of 100+ Bonds for Upstox's large customer base. With this seamless tech integration, Upstox's customers who seek fixed-income investments for diverse ass
Prime Minister Narendra Modi on Friday announced sweeping changes to the goods and services tax (GST) regime which will make daily essentials and electronics cheaper from October
Insurers are in talks with authorities to convert about Rs 3.5 trn ($41 bn) worth of rates derivative contracts into bond forwards. Such contracts offer investors the opportunity to own the securities
India aims to gross borrow 8 trillion rupees ($93.63 billion) through the sale of bonds in the April-September period, lower than market expectations Rs 8.3 trillion- Rs 8.7 trillion
Investors are on the edge globally after US President Donald Trump declined to rule out a recession as a result of his tariff policies
The premium of the 10-year India bond yield over the policy repo rate should not be more than 45-50 basis points, Jain said, adding the bank likes the "front-end of the yield curve"
India currently has a weight of 7% in the JPMorgan gauge, and that's expected to rise to the maximum of 10% by March
The 10-year US Treasury yield dropped six basis points in Asia trading, after US President-elect Donald Trump tapped prominent investor Scott Bessent for the position of US Treasury secretary
Sales in the fiscal year starting April 1, 2025, are likely to be higher on redemption of debt issued during the Covid years
The benchmark 10-year yield is likely to move between 6.85 per cent and 6.89 per cent
India's retail inflation eased in July due to vegetable inflation falling and high base effect as annual retail inflation was 3.54 per cent in July, lowest since Aug 2019, down from 5 per cent in June
South Asian nation's star economy and improving business environment, at a time of slowing growth in China, has made Indian assets investor darling
Investors continue to gauge the pace of foreign inflows into Indian government bonds over the next few days after an underwhelming response so far
To accommodate India's 10 per cent weight in the GBI EM index, HSBC said in a recent note, a reweighting will occur for other EM peers in the index, which will see a reduction in their weights.
Category has lower share than before among rated instruments
Reserve Bank of India (RBI) will release the minutes of its June policy meeting after market hours on Friday
Focus has shifted to US bond yields and oil prices, with the market digesting Prime Minister Narendra Modi's smaller victory margin for a third term.
Fiscal discipline has been a hallmark of Modi's decade-long administration, and many investors were expecting him to win a supermajority to reduce the budget deficit