For The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj spoke to Sahai about the composition of exports in India today, why some of these sectors are not doing so well today and what could counterbalance it.
JPMorgan said it will include Indian government bonds in its widely tracked emerging market debt index. This inclusion could prompt billions of dollars of inflows into the roughly $1 trillion bond market in India.
Nervousness reigned in Indian stock markets as selling pressure continued for the second day on Thursday, also the weekly expiry for futures and options. The US Federal Reserve's stance of a tighter policy through 2024 spooked investors all over.
China’s influence seems to be everywhere. Days before Chinese president Xi Jinping flew into Moscow to discuss the Ukraine war with Russia’s Vladimir Putin, China had brokered a deal between Iran and Saudi Arabia.