Ahmedabad
(Head Office)Address : 506, 3rd EYE THREE (III), Opp. Induben Khakhrawala, Girish Cold Drink Cross Road, CG Road, Navrangpura, Ahmedabad, 380009.
Mobile : 8469231587 / 9586028957
Telephone : 079-40098991
E-mail: dics.upsc@gmail.com
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Facts for Prelims
JP Morgan Global Bond Index
News: Recently, JP Morgan Chase & Co. announced the inclusion of Indian government bonds into its emerging markets bond index, effective from June 2024.
About:
• The JP Morgan Global Bond Index is a benchmark index that measures the performance of global bonds. It’s used by investors to track the performance of bonds worldwide.
Significance for India:
• India will reach a maximum weight of 10 per cent in the GBI-EM Global Diversified Index (GBI-EM GD) as part of the inclusion.
• Analysts estimate that the inclusion could result in nearly $26 billion in passive inflows, with the potential for additional active flows of around $10 billion, bringing the total inflows to approximately $40 billion over the next one and a half years
Recent Current Affairs
Our Branches
Gandhinagar
Address: A-306, The Landmark, Urjanagar-1, Opp. Spicy Street, Kudasan – Por Road, Kudasan, Gandhinagar – 382421
Mobile : 9723832444 / 9723932444
E-mail: dics.gnagar@gmail.com
Vadodara
Address: 2nd Floor, 9 Shivali Society, L&T Circle, opp. Ratri Bazar, Karelibaugh, Vadodara, 390018
Mobile : 9725692037 / 9725692054
E-mail: dics.vadodara@gmail.com
Surat
Address: 403, Raj Victoria, Opp. Pal Walkway, Near Galaxy Circle, Pal, Surat-394510
Mobile : 8401031583 / 8401031587
E-mail: dics.surat@gmail.com
New Delhi(In Association with Edge IAS)
Address: 57/17, 2nd Floor, Old Rajinder Nagar Market, Bada Bazaar Marg, Delhi-60
Mobile : 9104830862 / 9104830865
E-mail: dics.newdelhi@gmail.com