5154: ECLGS 5.0 lifeline, easing UPI payments & investors line up for Sprng Energy sale
The government is preparing to roll out ECLGS 5.0 to cushion businesses hit by the Iran war fallout; listen in for expected borrowing rates and how much additional credit this brings. Meanwhile, India’s payments ecosystem is bracing for Apple Pay’s entry as NPCI fast-tracks ‘UPI Meta’ or ‘Checkout’, a tokenisation layer designed to make UPI payments as seamless as card transactions. In the clean-energy space, Shell’s sale of Sprng Energy has sparked intense bidding from global investors. Domestic investors, meanwhile, have poured more than Rs 3 lakh crore into Indian equities despite…
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