Metro Observer Daily

India’s significance in the MSCI Global Standard index, tracking emerging market stocks, has reached a new pinnacle, signaling potential for increased inflows into its equity markets. India's weight in key MSCI equity index hits another high In the latest update, India’s weight in the MSCI index has surged to 19%, inching closer to China’s 25%. This rise is expected to attract approximately $2 billion in inflows by the end of May. With 13 Indian companies set to join the Global Standard Index, India’s stock count in the MSCI index is at an all-time high of 149, showcasing the country’s growing prominence in emerging markets. Analysts predict that India’s weightage in the MSCI index could surpass 20% by the second half of 2024, driven by consistent flows from domestic and foreign institutional investors. This surge in India’s MSCI weight is attributed to the robust performance of its equities, particularly in the mid-cap segment, compared to other emerging markets like China. The ad...

India's leadership in the G-20 further broadens its capacity to stand as a force for good in the world, the official said.          US President Joe Biden is looking forward to travelling to India in September this year (File) Washington: US President Joe Biden is looking forward to travelling to India in September, his administration's point person for South and Central Asia has said, observing that 2023 is going to be a "big year" for the India-US relationship. India's leadership in the G-20 further broadens its capacity to stand as a force for good in the world, the official said. "This is gonna be a big year. Of course, India is hosting the G-20. This year, the United States is hosting APEC. Japan is hosting the G7. We have lots of our QUAD members who are taking on leadership roles. And it provides opportunities for all of us to bring our countries closer together," Assistant Secretary of State for South and Central Asia, Donald Lu, told news agency...

The recently released   Environment Performance Index -2022, an international ranking system that measures environmental health and sustainability of countries, has ranked India last among 180 countries that have been ranked. With a paltry score of 18.9, India’s 180th ranking comes after Pakistan, Bangladesh, Vietnam and Myanmar — the bottom five together make up the poorest performing countries for environmental health. India has also scored low on rule of law, control of corruption and government effectiveness, according to EPI. To know more:  https://indianexpress.com/article/india/india-fails-green-test-finishes-at-bottom-7957825/

 The General Assembly will take up the issue at 10 a.m. New York time on Feb. 28, Secretary General Antonio Guterress announced India’s Permanent Representative to the United Nations T.S. Tirumurti speaks during the UNSC meeting, in New York The United Nations Security Council (UNSC), on February 27 afternoon, voted to convene an emergency special session of the General Assembly to consider a resolution, vetoed by Russia on Friday, on the situation in Ukraine. The resolution condemned Russia’s aggression and calling for it to withdraw from Ukraine unconditionally. The General Assembly will take up the issue at 10 a.m. New York time on Feb. 28, Secretary General Antonio Guterress announced. India, along with China and the U.A.E., abstained from Sunday’s vote, as was the case on Friday. Russia voted against the resolution and eleven UNSC members voted in favour of it. Given the vote was procedural, no country had a veto, and the resolution was adopted. “The global order is anchore...