Tag: foreign inflows

India’s $1 trillion government bond market has struggled for years to rise above the criticism of being insular.That is set to change after JPMorgan Chase & Co Thursday became the first global index provider to include them on its emerging markets index. The decision sets the stage for billions of dollars of inflows just when the bond market is straining under record government borrowings.“This could be a push-factor to prompt foreign inflows into India and foreign investors are likely to be more active in the Indian fixed-income market,”...