The cost overruns of central government projects worth Rs 150 crore and above decreased to 19.1% in August, marking the fourth consecutive month of decline. However, 54% of the projects were delayed for over two years, with an average time overrun of 36.96 months. The railways ministry had the highest cost overruns, while the roads ministry faced overrun in 185 out of 945 projects.
F&O Talk| Nifty faces reversal signals and weaker breadth, key support at 24,500-24,400: Sudeep Shah of SBI Securities
The 50 component index Nifty 50 as well Sensex closed nearly 1.2% lower today. The former closed 293 points lower at 24,852 while the latter