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Foreign buying of Indian sovereign bonds hits record after tax relief
India’s bonds open to unrestricted global investment attracted a record monthly inflow after the government scrapped taxes on foreign investors. Foreign funds bought ₹41,800 crore ($4.4 billion) of debt under the so-called fully accessible route last month, according to Clearing Corp. of India Ltd. data. That’s almost double the previous monthly record of ₹23,900 crore set in August 2024. [...]