2 stories on SkillNyx Pulse

India’s tax exemption for foreign investors in government securities is more than a bond-market reform. It is a strategic attempt to attract stable capital, support the rupee, deepen the sovereign debt market, and strengthen India’s case for greater global bond-index inclusion.

The Reserve Bank of India’s highest-ever surplus transfer gives the Centre a major fiscal cushion, but it also raises questions about borrowing, spending discipline, central-bank buffers, and how long such windfalls can be relied upon.
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