Cost overruns declined further in May to 19.86% https://ift.tt/8qQ3Uph anticipated costs of 1,681 projects were Rs 4.8 lakh crore, higher than the original cost of Rs 24.2 lakh crore. Nearly half of the infrastructure projects worth Rs 150 crore and more monitored by the ministry were delayed with respect to the original schedule, of which another 607 were delayed with respect to the latest schedule as well.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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