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The Economic Times
The Economic Times
Business

Tax-cut hopes lift Indian bonds but RBI hike fears loom

RBI India Bonds capital gains

Indian government bonds edged higher on ​Thursday, supported by reports ​that New Delhi may offer tax relief to foreign investors, ​though compounding currency and inflation risks kept investors wary of a hawkish central bank policy on Friday.

The benchmark 6.48% 2035 bond yield fell 3 basis points to end at 7.9931%.

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