India’s 10-year bond sold off sharply, marking the month’s worst decline, as an auction rout rattled investors. The move comes as geopolitical stress in the Gulf adds pressure to global risk sentiment, pushing yields higher. President Trump said a ceasefire remained in place despite renewed fighting, but markets focused on volatility.
The government has announced a Rs 5,000 crore incentive scheme for states to improve the speed and efficiency of mining block auctions and subsequent operations for FY 2026-27. The plan rewards modernization, adoption of new technologies, and integration with the national mining portal—aiming to reduce delays and accelerate momentum in India’s mining sector.
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