How fixed income investors can take benefit from the rising interest rates?

[Felaket]

How fixed income investors can take benefit from the rising interest rates? Compared to market and economist predictions of 6.78%, India's annual inflation rate slipped down to a five-month low of 6.71% in July 2022 from 7.01% in June, but the RBI is working even harder by raising repo rates to push inflation below the tolerance threshold of 6%.