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Inclusion of India to JPMorgan Index Pushed to 2023, Reuters Reports
India's inclusion to JPMorgan's emerging market index is delayed as the country needs to address some operational issues.
27 Sep 2022, 03:07 PM IST 
A man clears a cricket ground in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg
(Bloomberg) -- India’s inclusion into JPMorgan Chase & Co.’s emerging markets index may be delayed to early next year, Reuters reported, citing people it didn’t name.
The inclusion got delayed as India still needs to address some operational issues, the report said.
Bonds and the currency pared gains after the report. The yield on 10-year bonds climbed to as high as 7.38% from 7.27% earlier. The rupee traded at 81.5975 per dollar, compared with 81.45 earlier.
READ: Russia’s Exclusion May Pave Way for India into Global Index
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