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.
Shoppers Stop Q3 Results: Profit rises 41% to Rs 52 crore on festive season demand for premium goods
Shoppers Stop Q3 Results: India’s Shoppers Stop Ltd reported a significant rise in quarterly profit after two straight quarters of loss. This growth was driven