“Increase in these overseas issuances is driven by offshore investors seeking INR fixed income and foreign exchange exposure as a proxy to buying G-secs (government securities) via the FPI (foreign portfolio investment) route, without having to contend with local operational and taxation related aspects,” said Siddharth Bachhawat, head-markets at Barclays India.
From India’s growth to market cycles: Key takeaways from Howard Marks’ diary
Billionaire investor Howard Marks, in his interaction during his Mumbai visit, described the current market cycle as unusual, making it difficult to pinpoint its exact