Emerging Market The Matters

India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter said.

Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues, four sources familiar with the matter said.

Germany will enter Phase 2 of its three-stage emergency gas plan on Thursday but a clause that would allow utilities to pass on soaring energy costs to customers will not be triggered yet, sources familiar with the matter said.

Maybe the best way to tell that is this: China was a little poorer than India in 1992, but is now more than twice as rich.

India, the world's fourth largest steel maker, cannot possibly remain insulated from the vagaries of global markets and when production growth slips below world average for want of demand in an emerging country, it becomes a matter of concern.

Walmart may face a fresh probe into its lobbying activities for entering India, after issues raised by a one-man inquiry committee, set up by the government earlier this year to look into this matter, were stonewalled by the global retailer.

India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter said.

Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues, four sources familiar with the matter said.

Germany will enter Phase 2 of its three-stage emergency gas plan on Thursday but a clause that would allow utilities to pass on soaring energy costs to customers will not be triggered yet, sources familiar with the matter said.

Maybe the best way to tell that is this: China was a little poorer than India in 1992, but is now more than twice as rich.

India, the world's fourth largest steel maker, cannot possibly remain insulated from the vagaries of global markets and when production growth slips below world average for want of demand in an emerging country, it becomes a matter of concern.

Walmart may face a fresh probe into its lobbying activities for entering India, after issues raised by a one-man inquiry committee, set up by the government earlier this year to look into this matter, were stonewalled by the global retailer.