Nomura Group has upgraded India’s ratings to ‘overweight’ due to strong macro-economic fundamentals and the expected benefits from the ‘China plus one’ policy. They believe India remains an attractive long-term investment destination despite a potential cyclical slowdown. This follows similar upgrades by Morgan Stanley and Goldman Sachs. Nomura analysts also highlight India as a...
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Read MoreA man survived falling into the Koyel river after he dozed off and fell from a moving train in India. Manoj Karmali, 22, was sitting near the door of the train when he fell into the river below. Luckily, the river had just enough water for a smooth fall at that spot.
Read MoreThe AAP government in Delhi plans to divert funds from other departments to the Delhi Jal Board in order to finance its initiatives for providing piped water 24×7 and installing reverse osmosis purification plants in water-scarce areas. Three departments have offered to surrender over Rs 700 crore from their allocated budgets, while the Delhi...
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