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Per capita development expenditure lowest in Bihar18-NOV-09
The plan expenditure of the Bihar government led by Nitish Kumar has registered a steady rise with aaccelerated growth but the per capita development expenditure was the lowest among all states during the 11th five-year plan.
Expenditure on education, health hit due to slowdown17-NOV-09
The economic downturn has had an unusual casualty. The UPA government’s stated agenda to increase expenditure on education and health during the Eleventh Plan Period (2007-12) has gone awry.
Panel for improving efficiency of public expenditure03-NOV-09
Perturbed by the slow expenditure during the first six months of the current fiscal, the Orissa government has formed two panels to suggest measures for improving the efficiency and quality of public expenditure.
Titan raises capex by 43% in FY1011-OCT-09
Company says it does not believe in reducing investments during the downturn.
Bharati Shipyard mulls Rs 200-cr capex over two years29-SEP-09
Bharati Shipyard is mulling a Rs 200-crore capital expenditure over the next two years, a top company official said.
RCom capex to decline from this year: Ambani23-SEP-09
AGM approves Reliance Infratel IPO, filing soon.
NTPC sets Rs 17,700 cr capex17-SEP-09
State-run NTPC has set a capital expenditure of Rs 17,700 crore for this financal year.
Sunil Jain: Bharat holds the key17-SEP-09
Just how badly will the drought hit GDP growth? In 2002, when the shortage of rainfall was around the same as it is this year (20 per cent from the long-term average), agricultural growth fell to -7.2 per cent and, as a result, GDP growth in that year was just 3.8 per cent (average growth in the 5-year period 1997-2002 was 5.5 per cent). The mitigating factors this year, apart from the September rains, will be the farm-loan waiver and the NREGA expenditure.
Govt calls for austerity steps to fight drought08-SEP-09
Asks ministries to cut certain non-Plan expenditure by 10%.
Mahesh Vyas: Don't worry about capital expenditure24-AUG-09
The importance of capital formation in growth cannot be understated. Gross capital formation grew at a rate of nearly 16 per cent per annum in real terms over the six years ended 2008-09. This was when real GDP grew at the rate of 8.5 per cent per annum. In each of the last five years, growth in capital formation was much higher than the growth in the GDP. Thus, capital formation was a major direct source of growth for the economy in the recent past.
Oberoi Hotels to cut spending, investment21-AUG-09
EIH Ltd, which runs the Oberoi group of hotels, will curtail its capital expenditure and minimise operating costs over the next few years to tide over difficult times.
Tata Steel plans to raise Rs 5k cr to part fund capex11-AUG-09
Tata Steel is looking to raise Rs 5,000 crore through issuing securities to part fund its capital expenditure, acquisitions and debt-reduction, among others.
Industrial capex may touch Rs 10.5 lakh cr in 3 yrs: Crisil06-AUG-09
Capital expenditure in key sectors, including power and telecom, is expected to grow at a moderate pace over the next three years, with total investments projected at Rs 10,50,000 crore, a Crisil Research study says.
CAG flays heavy expenditure by Mulayam govt on Safai airstrip05-AUG-09
The Comptroller and Auditor General has termed as "unwise" the crores of rupees spent on the upgradation and extension of the airstrip in Safai, the native village of Mulayam Singh Yadav, during his tenure as Chief Minister of Uttar Pradesh.
Oil regulator rejects Anil Ambani charges on RIL04-AUG-09
Oil and gas field regulator DGH today rejected industrialist Anil Ambani's charges that it had approved Reliance Industries Rs 45,000-crore "exorbitant capital expenditure" plan for gas fields, saying the actual expenditure is subject to three audits, including one by CAG.
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