India G-Sec & Economic Update

  Published 10 months ago

Indian G-sec yields fell slightly as strong manufacturing, rising crude, and steady GST collections influenced market trends.

  • 10-year benchmark yield dropped below 6.60%, with 6.33 GS 2035 hovering around 6.57% currently.
  • India's manufacturing sector grew fastest in 17 years during August, supporting domestic economic stability and demand trends.
  • GST collections rose 6.5% YoY to Rs 1.86 lakh crore, reflecting strong fiscal revenue performance.

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