We are going to have to wait a while to see what gets through and once it gets through, we will all be trying to assess the economic impact. On balance, it will be okay for the economy, but for right now it creates a lot of uncertainty.
Vedanta seeks $450 million to repay top-performing junk bonds
Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to