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India Eyes Entry Into Global Bond Indices This Year: BS

(AF) After deciding to withdraw the controversial retrospective tax laws, India is now hopeful that the move will allow entry into some global bond indices within this calendar year, the Business Standard reported.

An entry into some of these indices is expected to generate an additional $20 billion of foreign investment into the economy, the newspaper said. Full story: Business Standard.

ALSO ON AF: India holds back entry into global bond indices over tax changes

Indrajit Basu

Indrajit Basu is an India-based correspondent for Asia Financial and wears two hats: journalist and researcher (equity). Before joining AF he reported on business, finance, technology, wealth management, and current affairs for China Daily, SCMP, UPI, India Today Group, Indian Express Group, and many more. He is also an award-winning researcher. If he didn't have to pay bills, he would be a wanderer.


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