Why India’s inclusion in the JPMorgan bond index is a moral victory for us

We all are gung-ho about India’s inclusion in the JPMorgan Emerging Market Bond Index, and rightfully so. This is our ‘1994 moment’, when Indian equity debuted on the MSCI Emerging Market Index. A large bond market like India should have been part of the JPMorgan index much earlier, but the Western world’s biases prevented it. … Read more