Jockeys ride thoroughbred racehorses during an afternoon race before the 143rd running of the Kentucky Derby at Churchill Downs in Louisville, Kentucky, U.S. ( (Photographer: Luke Sharrett/ Bloomberg). 

India’s Local Bonds Are Loving Modi’s Plan to Sell Debt Abroad

(Bloomberg) -- Sovereign bonds in India rallied after Finance Minister Nirmala Sitharaman said the government will borrow overseas to finance the budget deficit, a move that will ease pressure on l...

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