Mumbai prepares for a 10% water cut from May 1 as lake levels drop to 33%. With faster evaporation and a below-normal monsoon forecast, the BMC moves to conserve supplies through the summer.
Compared to the term or fixed deposit rates offered by some of the top private and public sector banks, the coupon rate on RBI Floating Rate Bonds is considerably better.
Bharti Airtel, HDFC Bank, Tata Steel, and SBI are likely to drive Nifty earnings; Dr Reddy's Labs, Cipla, Coal India,
Hindalco, and Interglobe Aviation are projected to drag the same, says Motilal Oswal
