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The Economic Times

Top News / The Economic Times

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Indian bonds tumble on oil surge, RBI rate hike fears

Indian government bonds experienced a decline as the benchmark yield exceeded 7.45% on Thursday. Oil prices rose significantly, reaching $112.50 per barrel in Asian trading amid geopolitical tensions. The Reserve Bank of India has raised its repo rate to 5.50%, indicating a potential for further hikes. Inflation concerns are mounting, with expectations for retail inflation to surpass the central bank's tolerance limit.

22 Oct 2026 5:50 pm