Government bonds will be included in the Bloomberg Emerging Market (EM) Local Currency Government Index on January 31, which Nick Gendron, global head of fixed income index at Bloomberg Index Services described “as a great first step”.
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
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