The light bulb in Komal’s room flickers and dies, preventing the 17 year-old from studying for high-school exams as she strives for an education that can help her escape the squalor of a slum in New Delhi.
Emerging-market stocks rallied the most in two months after a better-than-estimated American jobless-claims report bolstered optimism about global economic growth. Turkish shares drove gains in world equities.
India’s stock analysts are raising profit estimates for companies in the S&P BSE Sensex at the fastest pace since 2007 amid growing confidence Asia’s third- largest economy will rebound from a decade-low expansion.
India’s state-owned companies are paying the biggest dividends in at least three years, a buy signal for the country’s third-largest money manager as the government extracts higher payouts to pare its budget deficit.