MUMBAI, Wednesday, 13 August,2025 (Reuters) – Indian government bond yields are likely to open steady on Wednesday, with the benchmark 10-year yield seen testing the key 6.50% mark amid a sour mood, following a sharp selloff fuelled by rising fiscal pressure and higher debt-supply concerns.
Reserve Bank of India
India left China behind in gold purchase
The demand report said that “by far the biggest contributor to the weakness in volumes has been China.” On an annual basis, a review of past gold demand reports shows that India’s gold demand was higher than China’s for the first time since 2012.
Sanjay Malhotra Named New RBI Governor, Replaces Shaktikanta Das
In a significant move, the Government of India has appointed Sanjay Malhotra, the current Revenue Secretary, as the next Governor of the Reserve Bank of India (RBI). As per a notification issued by the Department of Personnel and Training (DPoT), Malhotra will take on the prestigious role for a period of three years.
India Sells Rs 24,000 Crore Of Bonds As Planned: RBI
India sold Rs 24,000 crore ($3.2 billion) of bonds at a weekly auction as planned, the Reserve Bank of India said in a statement.
Centre to Issue Sovereign Gold Bonds in 6 Tranches: Issue Price, Interest Rates
The Central government has started the process of borrowing with the launch of sovereign gold bonds in consultation with the Reserve Bank of India on Wednesday.
Reserve Bank of India Plans More Than $41 Billion in Bond Purchases
The Reserve Bank of India will seek to buy more than 3 trillion rupees ($41 billion) of sovereign bonds in the next fiscal year to support the government’s borrowing plans, according to a person with knowledge of the matter.
Reserve Bank of India likely Sold a Net $1.8 Billion
The Reserve Bank of India likely sold a net $1.8 billion in the two weeks ended April 10. That follows likely sales of $7.7 billion in the spot forex market last month, which made the authority a net seller for the first time in seven months.