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MUMBAI: Indian government bonds extended losses into a fifth straight session on Wednesday, as U.S. Treasury yields climbed to near three-year highs and surging oil prices rekindled inflation fears. The benchmark 10-year U.S. Treasury yield, a global yardstick for borrowing costs, hovered at 4.81%, its highest level since November 2023.
India is actively seeking partnerships with nations like the US for critical mineral development. The country is also engaged in dialogues to build more resilient global supply chains. India's economy continues its strong growth trajectory, remaining the fastest among major economies.
