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The state-owned lender’s successful issuance—and rare pricing advantage—signals India’s hesitant sustainable finance market may finally be maturing

A 10-percentage-point gap between what India plans domestically and what it promises the UN tells you everything about its climate strategy.
The emirate approves economic incentives for the local market, fuel prices are up and dealmaking rages on, even as the Iran war is in its fifth week.
Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.