However, since 2013 – when the idea of index inclusion was first floated – the Indian authorities have made steady progress in facilitating foreign investment into IGBs. The announcement of IGBs inclusion in JP Morgan’s GBI-EM Global Diversified (GBI-EM-GD) Index is an acknowledgement of that progress from the global investors.
Asian markets edge higher after Wall Street rally
Asian stocks experienced a slight increase following Wall Street’s record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia’s investment in OpenAI. While US