Foreign inflows into Indian bonds are set to hit a decade-high of $2 billion around June 28, when they will be included in the widely-tracked JPMorgan emerging market index. This event marks a significant milestone for India's economy, demonstrating its growing prominence in global financial markets. Bankers predict that this influx will trail only the record-high $2.7 billion in August 2014, driven by prospects of a credit rating upgrade.

$2 bn bond inflows to boost India's economy

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$2 bn bond inflows to boost India's economy