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India Prepares to Launch its Own P&I Club

India's government is reportedly ramping up to launch its own local P&I club. Its first services would be for the domestic market, but it could ex.

FTSE semi-annual rejig: All eyes on Suzlon Energy, Thermax, Phoenix Mills

India rises to 2nd spot in MSCI EM index, firms up stand as investment destination

India s MSCI Emerging Markets index spiked in eight years, leaping from 7 percent to 17.1 percent. With the ongoing domestic institutional investments and potential steady FII participation, India could surpass a 20 percent weight in the MSCI EM Index by early 2024

China s Weight in Emerging-Market Index Drops to Record Low

(Bloomberg) China’s share of a key emerging-market equity benchmark dropped to a record low, highlighting how a bearish outlook for the world’s second-largest economy is diverging from the rest of an asset class it once dominated.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingChina Says It Caught Foreign Consultant Spying for UK’s MI6The Chinese stock market accounted for 23.77% of the MSCI Emergi

IREDA, Cello, Mamaearth could make it to MSCI index, Nykaa, Mankind need to rally more

Inclusion or increase in stock weightage in global indices like MSCI and FTSE leads to inflows from passive funds, which track that index. Exclusion from these indices usually leads to outflows. Thus, the announcements are widely tracked

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