#Easynomics | Indian Bonds In JP Morgan EM Index From June 2024

JP Morgan's recent announcement to include India in its Government Bond Index-Emerging Markets index starting in June 2024 carries significant implications for both the Indian economy and global investors. This decision is expected to pave the way for substantial inflows, potentially amounting to billions of dollars, into the world's fifth-largest economy. India's local bonds will become part of the Government Bond Index-Emerging Markets (GBI-EM) index and its suite of indices, which serve as benchmarks for approximately $236 billion in global funds, as per JPMorgan.To discuss the impact of India's inclusion in JP Morgan's bond index on the Indian economy, Business Today TV's Managing Editor Siddharth Zarabi engaged in conversations with Kotak Mahindra AMC's Managing Director Nilesh Shah and Mecklai Financial's CEO Jamal Mecklai.