Investors can now consider gilt funds for tactical fixed income allocations. Long-tenure government bond yields have risen, offering attractive opportunities. Fund managers suggest current yields on the 10-year G-Sec present a sensible entry point. This move aims to capture elevated yields and potential capital appreciation. Investors can benefit from coupon payments and rising bond prices as yields ease.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong