Gold prices have corrected sharply from the record highs reached earlier this year, even as global geopolitical tensions remain elevated due to the US-Iran war in the Middle East. COMEX gold prices have declined about 11%, while the MCX gold rate has dropped nearly 19% from their peak levels. The decline comes despite the ongoing…
The government, in the Union Budget 2026, proposed a record gross market borrowing of ₹17.2 lakh crore for the next fiscal year, which came in higher than market expectations. The announcement also sent the yield on India’s 10-year G-Sec to a one-year high on 2 February. Though yields have cooled off in the subsequent sessions,…
Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in Parliament on Sunday, detailing the government’s approach to foster economic growth by increasing capital expenditure while following a steady course of fiscal consolidation. As per the Budget documents, the federal government of India is set to borrow a record ₹17.2 lakh crore for the 2026–27…
India’s fixed-income market has had a restless few weeks. Yields have moved in fits and starts, sentiment has swung between optimism and caution, and yet—beneath the surface—the market has remained far more orderly than the headlines might suggest. The reason lies less in macro surprises and more in a familiar trio: supply, liquidity, and expectations….
