India Bonds Drop by Most Since 2017 on Modi’s New Borrowing
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee, top, and 500 rupee banknotes in an arranged photograph. (Photographer: Brent Lewin/Bloomberg)

India Bonds Drop by Most Since 2017 on Modi’s New Borrowing

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(Bloomberg) -- Benchmark sovereign bonds in India tumbled by the most in more than three years after Prime Minister Narendra Modi’s government increased borrowing by more than half to cover revenue...
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