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Foreigners set for bigger play in $1 trillion India bond market

IndiaTimes Monday, 25 September 2023
JPMorgan Chase & Co has become the first global index provider to include India's $1 trillion government bond market on its emerging markets index. The move is expected to attract billions of dollars of inflows into the Indian bond market. While this is a positive development for India's aspirations for global recognition, it also exposes the nation's public finances to greater scrutiny from foreign investors and may increase market volatility.
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