Time for bonds to 'Reawaken India'

I don’t know why Indian officialdom is taking so long to tap the diaspora for a loan. The need for an overseas fund-raising effort is urgent. The Reserve Bank of India’s (RBI’s) foreign exchange assets have dwindled by $27 billion, or almost nine per cent, over a year. For sentiment in the Indian currency to improve, this slide needs to reverse quickly.

Read Full Story>>