TITBITS:
1. MSCI Inc. has added seven stocks including Rail
Vikas Nigam (RVNL), Oil India, Vodafone Idea, and Zydus Lifesciences in the
MSCI India Index, resulting in net passive inflows of $2.7 billion to $3
billion from foreign institutional investors (FII) into the country.
2. The Anusandhan Kosh of Rs 1 lakh crore will provide
long-term financing to support research and innovation in sunrise domains,
which will create new avenues for India's tech-savvy youth, Finance Minister
Nirmala Sitharaman said.
3. The Supreme Court ruled that the Lieutenant
Governor (LG) of the National Capital Territory (NCT) of Delhi can nominate 10
aldermen to the Municipal Corporation of Delhi (MCD) on his own without the aid
and advice of its council of ministers. Since 2015, the Union
government led by the Bharatiya Janata Party (BJP) and the Delhi government led
by Aam Aadmi Party (AAP) have been at loggerheads on various issues.