Foreign funds are pouring into India's government bond market at a record pace this month, driven by tax exemptions on interest and capital gains, a wider investment basket, and relaxed limits. These measures, coupled with a stable rupee and calmer geopolitics, have spurred significant inflows, with continued momentum dependent on global factors and potential inclusion in major bond indices.
Foreign Portfolio Investors are injecting record funds into India's government bond market this month. This surge is attributed to new tax exemptions on interest and capital gains, an expanded investment basket, and relaxed limits. A stable rupee and reduced geopolitical…
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