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Move to widen investor base:...

NEW DELHI: Chief economic adviser V...

Move to widen investor base: Chief economic adviser V Anantha Nageswaran

NEW DELHI: Chief economic adviser V Anantha Nageswaran on Friday said inclusion of Indian government bonds into JP Morgan's benchmark emerging market index from next year will widen investor base, and may lead to appreciation of the rupee.Global financial firm JP Morgan has said that it plans to include Indian government bonds or government securities (G-Secs) into its benchmark emerging market index from June 2024 - a move that will bring down borrowing cost for the government. The inclusion of G-Secs will be staggered over a 10-month period...

Move to widen...

NEW DELHI: Chief economic adviser V Anantha Nageswaran on Friday said inclusion of Indian government bonds into JP Morgan's benchmark emerging market index...