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Nomura upgrades India to overweight zone, picks RIL, ITC among top stock ideas

Read more at:https://economictimes.indiatimes.com/markets/stocks/news/nomura-upgrades-india-to-overweight-from-neutral-heres-why/articleshow/103977236.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Global brokerage firm Nomura has upgraded the Indian equity market to an overweight status, indicating confidence in the country’s long-term economic prospects. This upgrade comes despite the belief that valuations may remain expensive, reflecting Nomura’s optimism in India’s structural story and its position as a major beneficiary of the “China+1” theme. In…

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Government Report Bars Aid for Illegal Buildings After Joshimath Survey

In the wake of a recent disaster, a joint team of government and United Nations agencies conducted a comprehensive ‘post-disaster needs assessment’ in the subsistence-hit region of Joshimath, Uttarakhand. The resulting report has recommended a series of crucial measures to facilitate long-term recovery and safety in the area. Key Highlights: In Summary:The ‘post-disaster needs assessment’…

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Modi emphasises govt employees’ role in India’s ascent to 3rd-largest economy

In a significant address during a video conferencing event, Prime Minister Narendra Modi underlined the pivotal role of government employees in shaping India’s future as it aims to become the world’s third-largest economy. The Prime Minister distributed 51,000 appointment letters to newly recruited individuals at the Rozgar Mela, emphasizing the mission of employment generation. The…

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Kerala’s second Vande Bharat logs 161.5% occupancy on first regular run

Read more at: https://www.onmanorama.com/travel/travel-news/2023/09/26/vande-bharat-express-second-kerala-train-occupancy-stats.html In a historic moment for Kerala’s railway network, the second Vande Bharat Express, a symbol of modernity and speed, commenced its regular service from Thiruvananthapuram, the state’s capital, to Palakkad on September 26, 2023. Amidst a jubilant atmosphere, the train embarked on its maiden voyage, marking a significant milestone in the…

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India-Canada Diplomatic Row Will Not Impact Military Ties: Canadian Army Vice Chief

Canada’s Deputy Army Chief, Major General Peter Scott, has stated that the recent diplomatic tensions between India and Canada will not impact ongoing bilateral military cooperation. Speaking at the Indo-Pacific Army Chiefs’ Conference (IPACC) in New Delhi, Major General Scott emphasized that the matter must be resolved at the political level. The ties between the…

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Manipur News: ‘Sack incompetent CM’, Mallikarjun Kharge’s advice to control ongoing violence

Congress chief Mallikarjun Kharge has sharply criticized Prime Minister Narendra Modic over the ongoing violence situation in Manipur. He demanded the immediate removal of the BJP’s “incompetent” chief minister, accusing the ruling party of turning Manipur into a battlefield and weaponizing violence against women and children. In a post on X (formerly Twitter), Kharge expressed…

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World Tourism Day on Sept 27: Significance and history

Today, the global community celebrates World Tourism Day, an annual event established by the United Nations World Tourism Organization (UNWTO) to spotlight the transformative power of tourism in bridging cultures and fostering sustainable development. While the UNWTO officially introduced the observance in 1979, it began being celebrated globally from 1980 onwards. This year, the theme…

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