Pictet, Neuberger to Boost India Bond Exposure on Policy Support
AI Summary
Global funds, including Pictet and Neuberger, are increasing their investments in Indian government bonds due to favorable policy changes by the Indian government. New Delhi has eliminated taxes on debt for foreign investors and relaxed ownership limits, alongside efforts that have stabilized the rupee. This move is expected to bolster investor confidence and potentially attract more foreign capital, which could have significant implications for India’s economic growth and financial markets.
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