Budget 2018: India cuts extra market borrowing needs by 60% to $3.1 billion

India has cut its extra market obtaining necessity by the greater part for the money related year finishing off with March to Rs 200 billion ($3.13 billion), Economics Affairs Secretary S C Garg said on Twitter.

The news sent benchmark 10-year security yields down more than 15 premise focuses.

A month ago, the fund service had said that the legislature is probably going to obtain extra Rs 500 billion ($7.79 billion) in 2017/18 monetary year that closures in March..

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