Global funds pulled a combined 89.5 billion rupees ($1.3 billion) from local sovereign and corporate bonds so far this month, according to data from the National Securities Depository Ltd
Investors have turned skittish about the health of India's finances amid signs that Centre is ready to sacrifice fiscal discipline as it weighs an aid package to appease farmers, a key voting block
A late-2018 plunge in oil, the biggest bugbear for Indian assets for much of the year, helped drive consumer inflation to a 17-month low
10-year benchmark yield may drop to 7.50 percent by December
The country's fear of foreign capital is irrational and self-destructive
The Reserve Bank of India also announced the government will buy back 200 billion rupees ($3.10 billion) of bonds on Dec 18
Nomura said its India economist Sonal Varma expects only one more rate cut in this cycle
Foreign investors bought a net $76 million worth of Indian government debt on Monday, their highest purchase in four sessions