Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
JP MORGAN PLANS TO ADD IGBS TO ITS EMERGING MARKETS INDEX
The Business Guardian
|September 23, 2023
23 Indian Govt Bonds IGBs) with a combined notional value of 330 bn are eligible, JP Morgan statement said.
-
Global financial firm JP Morgan is planning to include Indian government bonds (IGBs) or government securities (G-Secs) into its benchmark Emerging Market index from next year, a move that will bring down borrowing cost for the government.
The inclusion of the IGBs will be staggered over a 10-month period from 28 June, 2024 to March 31, 2025, indicating one per cent increment on its index weight.
"India's weight is expected to reach the maximum weight threshold of 10 per cent in the GBI-EM Global Diversified, and approximately 8.7 per cent in the GBI-EM Global index," said JP Morgan in a statement on Friday. Presently, there are 23 Indian government bonds valued at a total of USD 330 billion that meet the index eligibility criteria.
Dit verhaal komt uit de September 23, 2023-editie van The Business Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Business Guardian
The Business Guardian
GST cuts boost consumer demand on Navratri Day 1
GST 2.0 appears to have delivered instant relief and sparked consumer joy from the very first day, reducing household expenses, reviving demand across industries, and igniting the festive season with record-breaking sales.From cars and electronics to groceries and fashion, every sector felt the surge. It was sort of a festival of savings, a boost to demand, and the real Diwali gift to the people of India.
2 mins
September 24, 2025
The Business Guardian
Crompton launches DURA series submersible pumps
When it comes to water supply, consumers look for solutions they can trust - especially for high-value, long-term investments like submersible pumps.
2 mins
September 24, 2025
The Business Guardian
Oil India Chief pushes Global asset buys for Mineral Security
Ranjit Rath, Chairman and Managing Director of Oil India Limited (OIL) and the current Hydrocarbon Chair of CII, has emphasised the strategic importance of overseas asset acquisition in the critical minerals space, underlining its role in India's energy security and green transition goals.
1 min
September 24, 2025
The Business Guardian
Power equipment stocks rise on Nvidia's Data Center Plan
The stocks of power equipment makers rose Tuesday morning following Nvidia Corp.'s announcement of a massive investment plan for data centers, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
1 min
September 24, 2025
The Business Guardian
SCHOOLING WOMEN: LESSONS AT HOME, VOICES OUTSIDE — EDUCATION’S RISE FROM ZENANA T0 ASSEMBLY
Not a one-way crossing but a two-way circulation: household skills—thrift, hygiene, record-keeping—scaled into public reform, while exams and magazines brought civic habits back home. The “good wife” became budget-maker and petition-signer; the school learned the idioms of cleanliness and care. Separate spheres, in practice, taught each other.
10 mins
September 24, 2025
The Business Guardian
Nitish launches projects worth Rs 1,826 cr in Bihar’s East, West Champaran districts
Bihar Chief Minister Nitish Kumar on Tuesday launched projects worth more than Rs 1,826 crore in Westand East Champaran districts.
1 min
September 24, 2025
The Business Guardian
CM Gupta flags Off Delhi-Baraut inter-state AC electric bus service
Delhi Chief Minister Rekha Gupta on Tuesday flagged off the fully-electric Delhi-Baraut Inter-State AC Bus Service from Maharana Pratap ISBT, signaling the revival of Delhi’ interstate bus services after a gap of nearly 18 years.
1 mins
September 24, 2025
The Business Guardian
TAMIL NADU PLANS SOUTH ASIAN RENEWABLE ENERGY CORRIDOR: MINISTER
Tamil Nadu has unveiled plans to position itself as the hub of a South Asian Renewable Energy Corridor, driving regional clean energy collaboration and expansion.
2 mins
September 24, 2025
The Business Guardian
Heavy rains batter Maha, NDRF rescues over 300 people in Marathwada districts
‘The Continuous heavy rainfall across several districts of Maharashtra has led to a flood-like situation, prompting the deployment of the National Disaster Response Force (NDRF) in Beed, Dharashiv, and Solapur districts.
1 min
September 24, 2025
The Business Guardian
Rahul Gandhi urges PM to announce Punjab Flood relief package
Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.The Congress leader, who had written a letter to PM Modi earlier, said Punjab has suffered losses of “nearly Rs 20,000 crore” due to the floods, and the initial relief package of Rs 1600 crore announced by PM Modi is an “injustice” to the people of Punjab.”
1 min
September 24, 2025
Translate
Change font size