EconomyMonday, 6 April 2026·https://testbook.com/current-affairs/06-april-2026-daily-current-affairs
NSE and IGX to launch India’s first domestic natural gas derivatives linked to GIXI
NSE and IGX will introduce exchange-traded natural gas derivatives based on the Gas IndeX of India (GIXI).
Key highlights
Direct fact
In April 2026, the National Stock Exchange of India (NSE) and Indian Gas Exchange Limited (IGX) announced exchange-traded natural gas derivatives based on the Gas IndeX of India (GIXI).
Key specifics
- NSE and IGX announced the derivatives in April 2026.
- The contracts will be linked to the Gas IndeX of India (GIXI).
- SEBI has already approved NSE to launch natural gas futures.
- This is described as India’s first energy derivative based on a domestic benchmark.
- The contracts aim to help traders, companies and investors hedge price volatility.
Exam lens
Economy and commodity markets, NSE, IGX, GIXI, SEBI approval, natural gas futures. TNPSC may ask: “What is the domestic benchmark index for the new gas derivatives?”