India Bonds Rally as $265 Billion Package May See Limited Spend
Nirmala Sitharaman, India’s finance minister, center left, and Anurag Thaku, minister of state for finance, center right, wear protective masks as they depart a news conference in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

India Bonds Rally as $265 Billion Package May See Limited Spend

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(Bloomberg) -- Sovereign bonds rose in India as traders estimated the cash outgo for the government from its 20-trillion rupee stimulus package may be less than previously feared.