India’s inclusion in the JP Morgan GBI-EM Global Diversified Index will likely do to sovereign debt what economic liberalisation did to equity ownership in local businesses: Diversify debt holding beyond the traditional bailiwicks of local lenders, insurance companies and the central bank.
Sebi halts trading in Bharat Global Developers shares amid suspicious price surge
Bharat Global Developers’ shares fell 5% after SEBI suspended trading and banned promoters due to concerns over financial disclosures. The company’s stock surged 2,304% in