The latest Reserve Bank of India (RBI) data showed that the outstanding stock of central government bonds, excluding special securities, was at ₹100.2 lakh crore. In 2017, the figure was around the ₹50-lakh-crore mark. The surge since then reflects the huge increase in government borrowing from 2020 onward, when the Centre’s bond issuances in a single financial year crossed the ₹10-lakh-crore mark for the first time.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500