RBI's Bond Buying Bonanza: Will It Finally Work?

The Reserve Bank of India is gearing up for a bond-buying spree! They plan to purchase up to ₹5 trillion in bonds by March 2027 because previous interest rate cuts didn’t do much to lower those pesky yields. Despite a whopping ₹14.5 trillion injected into the system, bond yields are still playing hard to get. Can a trade deal with the US save the day? Stay tuned!