(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCorzine Plans to Shut Hedge Fund an
India’s $1 trillion government bond market has struggled for years to rise above the criticism of being insular.
The move buttresses India’s aspirations for a bigger global heft as it boasts one of the world’s fastest rates of economic growth and positions itself as an alternative to China. At the same time, the inclusion will open up the nation’s public finances to greater scrutiny from foreign investors, likely increasing the volatility of local markets.
The need for providers to diversify constituents after Russia’s exclusion from the index and worries about China trumped the reluctance on the Indian government’s part to offer tax breaks to trade on global platforms.
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Even China's 1.4 billion population can't fill all its vacant homesBEIJING (Reuters) - Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former ...
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