Economic TimesLean R·
Rising global yields may constrain India's rate-cut cycle despite resilient growth: HSBC
The rising global bond yields are complicating India's monetary policy easing efforts. Despite sturdy domestic growth, external economic developments cast a shadow on prospects. The allure of overseas investments rises with global rates, and fluctuations in commodity prices could affect inflation and fiscal stability. However, with supportive government measures and beneficial trade agreements, private investment is expected to increase.
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