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Explainer-What India’s inclusion in JPMorgan’s bond index means for its markets

By Ira Dugal MUMBAI (Reuters) – JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank said on Friday. The inclusion, a first for the country, could lead to billions of dollars of inflows into local currency-denominated government debt and bring down bond yields, while …

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India visit next week as G7 looks to take the shine off Russian diamonds

By Daphne Psaledakis, Gabriela Baczynska and Humeyra Pamuk NEW YORK (Reuters) – Western nations are sending representatives to India, home to 90% of the world’s cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said. “There’s a trip next …

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US talking to India about Canada murder, no ‘special exemption’ -Biden adviser

By Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -The U.S. is in touch with Indians at high levels after Ottawa said Indian government agents had links to the murder of a Sikh separatist leader in Canada, and Washington is giving India no “special exemption” in the matter, U.S. national security adviser Jake Sullivan said on …

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Games-India women into cricket semis after quarter-final abandoned due to rain

HANGZHOU, China (Reuters) – Favourites India advanced to the semi-finals of the women’s cricket competition at the Asian Games on Thursday after their quarter-final against Malaysia was abandoned because of rain. The toss at the Pingfeng Campus Cricket Field was delayed due to the weather and the stop-start match was initially reduced to a 15 …

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Analysis-Canada gathers allies as tensions rise with India over Sikh leader’s murder

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canada this week divulged it had intelligence possibly linking Indian government agents to the murder of a separatist Sikh leader, the kind of news that usually sparks uproar among democratic allies. Not this time. India is being courted by the United States and others as a counterweight …

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India tells citizens in Canada to exercise caution as relations worsen

By YP Rajesh and Rupam Jain NEW DELHI (Reuters) -India on Wednesday urged its nationals in Canada, especially students, to exercise “utmost caution” as ties deteriorate after each nation expelled one of the other’s diplomats in an escalating row over the murder of a Sikh separatist leader. Tension has grown since Prime Minister Justin Trudeau …

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US says India should cooperate in probe of Sikh man’s killing in Canada

By Jarrett Renshaw and Kanishka Singh (Reuters) -The White House is “deeply concerned” about allegations that Indian agents were potentially involved in the murder of a Sikh separatist leader in Canada and encourages India to cooperate in any investigation, national security spokesman John Kirby said on Wednesday. Canadian Prime Minister Justin Trudeau announced on Monday …

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India’s parliament approves bill to reserve third of seats for women

By Rupam Jain NEW DELHI (Reuters) -India’s parliament on Wednesday approved a landmark bill to reserve a third of its seats in the lower house and state assemblies for women to boost female participation in politics that had been disproportionately low for decades. Women now comprise nearly half of India’s 950 million registered voters but …

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India’s Sonia Gandhi supports bill to reserve third of parliament seats for women

By Rupam Jain NEW DELHI (Reuters) – India’s opposition Congress leader Sonia Gandhi on Wednesday offered unequivocal support to a bill reserving a third of seats in the lower house of the parliament and state assemblies for women, a day after it was introduced into parliament. “The Congress demands that the bill be implemented as …

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