Kakul Misra
May 22, 2025 at 01:23 PM
There is no correlation with the bond yields in the USA and India at this stage
In the US the Debt to GDP is approaching 150% with reducing long term growth prospects
In India the Debt to GDP is moving towards 50%. The best thing about @nsitharaman as Finance Minister has been the focus on controlling Fiscal Deficit even at the cost of growth.
Forex reserves are strong, inflation is low and growth is likely to accelerate in India.