The $22 Billion That's Spooking India's Bond Market
Indian rupee banknotes are counted in India. (Photographer: Dhiraj Singh/Bloomberg)

The $22 Billion That's Spooking India's Bond Market

(Bloomberg Opinion) -- India’s economy is slowing, inflation is sputtering and the central bank is cutting interest rates. But the cost of long-term money is refusing to budge. The reason, in a sin...
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