The government’s plan to extend the capital support scheme for electricity distribution utilities’ (discoms) network investments by five years from the current deadline of FY26 is sensible. The ongoing Rs 3-trillion revamped distribution sector scheme FY22-FY26 (RDSS) involves lending by PFC-REC under irrevocable state government guarantees, and the Centre’s gross budgetary support of `97,631 crore, […]
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Nifty to defend 20,000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to defend 20,000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded flat during Tuesday’s early trading session at 20,117.5, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Indian equity indices NSE Nifty 50 and BSE Sensex added gains for the seventh consecutive session. Nifty 50 surpassed the 20,000 mark for the first time during the day, Sensex fell […]