Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI's Dovish Stance Lifts Indian Bonds, Fails to Cheer Equities

(Bloomberg) -- Sovereign bonds rallied, sending yields to their lowest in 18 months, after India’s central bank cut its key rate and left the door open for more easing to boost growth. The decision...