India faces a year of high government debt supply. This could keep borrowing costs up in the bond market. Finance Minister Nirmala Sitharaman’s budget may increase gross borrowing significantly. Large debt maturities and state government issuance are pushing yields higher. This may add pressure to the economy. The Reserve Bank of India is injecting liquidity.
Kalyan Jewellers shares tumble 7% despite strong Q1 update. Details here
Kalyan Jewellers reported approximately 38% revenue growth in Q1 FY2027. This growth was driven by strong domestic and international business performance. The company’s gold recirculation