The tech giant can appeal the decision—linked to the Android mobile operating system and Chrome internet browser—to the EU's top court. Read More...
Reuters
Index inclusion may fuel only short term gains in Indian rupee, bonds – DBS
The addition of Indian bonds to global indexes could fuel only short-term gains in rupee and bonds, with focus shifting to other factors after the announcement, DBS said. “Beyond that buoyancy, the prospect that bulk of the benefits will accrue in FY24, and (with) some part of the flows already front-running the news, further currency strength is likely to be kept in check,” senior economist Radhika Rao said in a note. Bond yields have fallen over the past few sessions, amid a buying spree led by bets that the inclusion announcement may happen as early as next month.
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