Russia’s exclusion may pave way for India into global bond index

Russia’s exclusion may pave way for India into global bond index

India has the biggest bond market among emerging economies that’s not covered by global indexes, but bankers say that may change soon, potentially drawing in billions of dollars in inflows. Russia’s recent exclusion is one reason why.  Morgan Stanley expects an announcement that India will be included in JPMorgan & Chase Co.’s emerging markets bond […]

Akasa Air faces uphill task of expansion

Akasa Air faces uphill task of expansion

Akasa Air, India’s newest airline, has turned a month old. The idea of Akasa Air took birth during the pandemic year of 2020 when industry veteran Vinay Dube approached Indian stock market investor Rakesh Jhunjhunwala with the idea of a dependable and affordable airline. Jhunjhunwala then roped in former President of IndiGo Aditya Ghosh for […]