India emerges as contrarian bet in emerging markets: Report

IANS | July 6, 2026 10:39 AM

New Delhi, July 6 (IANS) India has emerged as a contrarian investment opportunity within the emerging market universe as the ongoing rally in the asset class become increasingly concentrated around semiconductor companies, according to a report.

Heavy rainfall disrupts normal life in Mumbai; rail services hit, routes closed

IANS | July 6, 2026 10:04 AM

Mumbai, July 6 (IANS) Continuous heavy rainfall has severely affected normal life in Mumbai and adjoining regions, prompting the Brihanmumbai Municipal Corporation (BMC) to issue a weather advisory warning of intense rainfall, strong winds, and high tides. Railway services have also been disrupted due to waterlogging and landslides, while authorities have urged citizens to avoid travelling between Mumbai and Pune until further notice.