India’s market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British Virgin Islands to see if there has been a violation of share ownership rules, two sources with direct knowledge of the matter said. The fund is called Gulf Asia Trade & Investment, the sources said. It is […]
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Bond yields seen rising as jump in US peers, local inflation hurtBond yields seen rising as jump in US peers, local inflation hurt
The government bond yields are expected to rise sharply in the early session on Thursday, tracking the U.S. peers, while local inflation jumped the most in 15 months. The benchmark 7.26% 2033 bond yield is likely to be in the 7.23-7.27% range after ending the previous session at 7.2034%, a trader with a primary dealership […]