Indian Bonds Slip as RBI Policy Decision and Rising Oil Prices Loom
Indian government bond prices fell as investors turned cautious ahead of the Reserve Bank of India's (RBI) monetary policy announcement. While a majority of the market expects the RBI to maintain current interest rates, several international banks like Standard Chartered and ANZ are forecasting a 25-basis-point hike. Additionally, rising global crude oil prices driven by Middle East conflict risks have added pressure to the debt market. Higher oil prices often lead to inflation concerns, making bonds less attractive to investors.
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Mandya Deputy Commissioner Briefs Political Parties on Special Interim Roll Revision
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Hormel Foods Reaffirms Sales Guidance Despite Anticipated Volatile Quarter
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