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Indian cities require $2.4 trillion by 2050 to fund climate resilience and low-carbon development initiatives. Urban infrastructure spending alone is projected at $840 billion over the next 15 years. However, municipal corporations currently face serious constraints in generating revenue and accessing capital markets. Experts stress that cities must transform into financially viable, investment-ready entities to attract the required funding. Achieving this financial capacity is seen as essential to realising India's Viksit Bharat 2047 development vision.
Mehul Kothari, DVP of Technical Research at Anand Rathi Shares, has issued stock recommendations for July 29, 2026. United Breweries and Max Healthcare have been identified as top buy picks for the day. Adani Enterprises, on the other hand, has been flagged as a sell call. These recommendations are based on technical research analysis conducted by the brokerage firm.
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