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MPC meet would be unexciting with a status quo outcome

It would not be an exaggeration to suggest that bond yields in India are taking cues more from global bond markets than from domestic developments

August 08, 2023 / 08:33 IST
It is too early for the MPC led by Governor Shaktikanta Das to commit to the path of policy easing and too late for bond markets to give up on the narrative
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