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Foreign bond investors in India are increasingly investing in long-dated bonds as the country's central bank maintains high interest rates. Global funds have been increasing their holdings of bonds due in 10 years or more, attracted by India's stable currency and solid finances. Foreign investors have already invested around $10 billion in securities eligible to join JPMorgan's index, with Goldman Sachs predicting an additional $30 billion in the coming months. However, there are concerns that the popularity of Indian bonds could lead to a bubble, particularly if the government loosens fiscal policy in response to recent political developments. [Extracted from the article]

(Bloomberg Opinion) -- India Runs a $1,000 Test on Ocasio-Cortez Ideas: Andy Mukherjee The Congress Party's manifesto vows to fill 3.4 million public sector jobs and bolster a taxpayer-funded rural employment program to 150 days of assured work. [Extracted from the article]

(Bloomberg) -- India Surpasses China in the Electric-Vehicle Revolution Rather, drivers of the ubiquitous three-wheelers weaving through crowded, smoggy streets discovered that e-rickshaws are quieter, faster, cleaner and cheaper to maintain than a traditional auto rickshaw. [Extracted from the article]

"The government is tightening the noose on Mallya for a debt cleanup", said Nilesh Dedhia, director at NTD Trading Ltd. in Mumbai. India's foreign ministry said April 15 that Mallya had a week to respond to why his diplomatic passport shouldn't be impounded or revoked, after suspending it for four weeks. [Extracted from the article]

Mallya's diplomatic passport suspended for four weeks Attribution Anurag Kotoky: assist Marcus Wright: editor responsible Vrishti Beniwal: by reporter Anand Krishnamoorthy: editor responsible Arijit Ghosh: editor Daniel Ten Kate: editor responsible Sunil Jagtiani: editor Anto Antony: by reporter. [Extracted from the article]

(Bloomberg View) -- India Spurns the WTO and That's All Right: Chandrahas Choudhury India was painted as the hijacker of a $1 trillion boost to world trade last week in Geneva after it became the only country at a meeting of the 160-member World Trade Organization to refuse to sign a painstakingly negotiated global Trade Facilitation Agreement. While many of the larger powers in world trade had reason to be aggrieved by India's backtracking, there's not a lot to point to in past WTO negotiations that shows a willingness to expedite policy on the issues flagged by Sitharaman. [Extracted from the article]