Yield on the 10-year benchmark bond settled at 7.16% on Friday, four basis points higher than its previous close and the highest closing level since July 7, Bloomberg data showed. Bond prices and yields move inversely. One basis point is 0.01 percentage point.
View: Budget 2025, a much-needed shot of growth hormones
The budget promotes key sectors including healthcare, R&D, skilling, MSMEs, and startups, laying groundwork for economic growth. Key measures involve exempting customs duty on life-saving