Indoree Talk

Mumbai: JPMorgan Chase & Co.’s decision to include India as part of its emerging market global bond indices marks the end of nearly a decade of negotiations between the government and the international index provider, with the potential to draw inflows of more than $40 billion into Indian bonds over the next 18 months. On…

The rupee strengthened 16 paise against the dollar on Friday as the decision to add India’s sovereign bonds to JP Morgan’s emerging market bond index stoked hopes of increased foreign exchange inflows. Market sentiments were buoyed by JP Morgan’s inclusion of India in the GBI-EM Global index suite from 28 June. India will reach 10%…

ISLAMABAD: An Islamabad district and sessions court on Friday remanded journalist Muhammad Khalid Jamil in the custody of the Federal Investigation Agency (FIA) for two days, Pakistan-based Dawn reported. The development comes after Jamil’s arrest on Thursday night. According to FIA, Khalid Jamil was detained on charges of spreading a “provocative narrative” against state institutions…

WASHINGTON: Surgeons have transplanted a pig’s heart into a dying man in a bid to prolong his life – only the second patient to ever undergo such an experimental feat. Two days later, the man was cracking jokes and able to sit in a chair, Maryland doctors said on Friday. The 58-year-old navy veteran was…

LONDON: There were an estimated 4,507 heat-related deaths in England in 2022, according to an official study on climate-related mortality published on Friday which showed some signs of an increase in deaths linked to hot weather. Britain recorded its hottest day ever in July 2022, when temperatures exceeded 40C as part of a climate change-fuelled…

BEIJING: A convoy of nine trucks left Xinjiang in northwest China on Friday for Novosibirsk in a trial of an ambitious transnational highway, a key route in a broader economic corridor envisioned by China, Mongolia and Russia, according to Chinese state media. The trucks departed from Xinjiang’s Urumqi and will arrive in Novosibirsk, Russia’s third-largest…

Russia plans a huge hike in defence spending next year, swelling to 6% of GDP, up from 3.9% in 2023 and 2.7% in 2021, Bloomberg News reported on Friday. Moscow doubled its target for defence spending in 2023 to more than $100 billion as the costs of the war in Ukraine spiral and place growing…

New Delhi: Apple, HP, Lenovo, Dell and other companies will get a one-year window to freely import laptops, PCs, servers and other IT hardware products under a new import management system that takes effect on 1 November, three people aware of the development said. The ministry of electronics and information technology conveyed this to the…

Ukrainian President Volodymyr Zelensky on Friday offered a heartfelt thanks to Canada for its help in the war against Russia, saying Ottawa’s aid had helped save thousands of lives. Zelensky made his remarks in a speech to the parliament in Canada, where the Liberal government of PM Justin Trudeau has been one of the most…

ISLAMABAD: A local court in Islamabad on Thursday summoned former Pakistan PM Imran Khan on September 25 in a case related to his alleged ‘un-Islamic’ marriage with Bushra Bibi, Pakistan-based Express Tribune reported citing Express News. Civil judge Qudratullah in an order issued to the superintendent Attock Jail, where Khan is imprisoned after being convicted…