Tuesday, October 27
Foreign flows into Indian government bonds are set to decline in 2025, after spiking to a record high in 2024 as the debt got added to JPMorgan's emerging market debt index, investors said. Interest rate trajectories in India and the United States and moves in the rupee will influence the pace of flows, they said. "For 2025, foreign inflows into the Indian government bond market are expected to remain strong but may not match the record levels of 2024," said Wei Li, head of multi-asset investments at BNP Paribas SA. Overseas investors net bought 1.24 trillion rupees ($14.5 billion) of Indian bonds under the so-called fully accessible route in 2024, clearing house data showed. Most bonds under the route, which allows unfettered foreign investment, are part of JPMorgan's index. Despite
Car sales rose for the third straight month, in healthy double digits this December amid better consumer demand in the local market, pushing annual volumes to a record 4.3 million units in 2025. In December, industry estimates dispatches of cars from factories to dealerships to have gone up by 10-12% to 320,000-325,000 units with manufacturers replenishing stocks at dealerships after robust retails in the festive season. Automakers in India mostly report wholesale dispatches and not retail sales to customers. ET was the first to report on Dec 23, that after slow growth in the first six months of the fiscal, car sales have started showing signs of turnaround and will close at a record high in CY2025. Industry numbers were supported by market leader Maruti Suzuki which saw wholesale volumes
