India’s bond market is gaining strength from the government’s fiscal prudence, reaffirmed 4.4% deficit target, and upcoming debt-to-GDP framework, creating confidence and stability for long-term investors despite global yield pressures and trade tensions.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong