Overseas investors have poured a record ₹39,640 crore into Indian government bonds this June, driven by tax exemptions and expanded access to sovereign debt. These measures aim to boost foreign participation and are fueling expectations of India’s inclusion in global bond indices. While inflows are strong, experts advise caution due to elevated US Treasury yields, though confidence in Indian debt is rising.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires