global

GBI-EM Global Diversified index: Why JPMorgan is thinking of cutting India, China share in EM Bond Index – explained

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The bank has been gathering client input regarding potential modifications to its GBI-EM Global Diversified index. (AI image) JPMorgan Chase & Co. is evaluating potential adjustments to its primary emerging-market index by reducing the allocation of major bond issuers, including China and India, aiming to encompass a wider spectrum of developing-nation debt.According to documents reviewed … Read more

‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

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Addressing critics of India’s Russian oil imports, Puri noted that certain commentators make unwarranted criticisms of Indian policies. (AI image) India’s ongoing crude oil imports from Russia have contributed to global energy price stability, according to Petroleum and Natural Gas Minister Hardeep Puri. He has said that discontinuing Russian oil trade would have caused crude … Read more