JPMorgan Inclusion Sparks $40 Billion Rush Into Indian Bonds

JPMorgan’s landmark decision to incorporate India into its influential emerging market bond index has unleashed a significant wave of foreign investment into Indian government debt. Analysts project that this inclusion could result in over $40 billion in inflows, signaling a transformative moment for India’s financial markets. In September 2023, the U.S. banking giant announced plans…

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India’s Q4 GDP growth surges to 7.8%, while FY24 sees a robust 8.2% expansion.

The Indian economy grew strongly in the fourth quarter of fiscal year 2023–24, expanding by 7.8% year over year. This outstanding accomplishment was reinforced by strong government spending and resilient consumer demand, resulting in a full-year GDP growth rate of 8.2%, according to preliminary figures released on May 31.  Government spending boosts economic growth. The…

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