FPIs’ G-Sec purchases cross $10-billion mark

June 20, 2024

Nine months after JP Morgan announced the inclusion of Indian government debt in its emerging markets index, foreign portfolio investors have increased their ownership of sovereign bonds by over $10 billion. The influx of funds is expected to continue as India’s index weightage grows.

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Sobha Ltd Q1 profit jumps over 2-fold to Rs 13.61 cr, revenue rises to Rs 901 cr

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