The rising US yields along with a stronger dollar can raise India Inc’s overseas borrowing and debt-servicing costs, though economists say India’s strong fundamentals offer protection. US 10-year treasury yields hit 4.98% on Thursday, the highest since 2007.
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare losses
S&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged following geopolitical tensions and a