Page 12 - Latest Updates on Capital Expenditure
Budget primer: Understanding govt expenditure and its various types
Its importance is seen in its ability to hugely influence the nation's economy, as it reflects aggregate demand in addition to household consumption, business investment, and net exports
 "Budget primer: Understanding govt expenditure and its various types")
Budget primer: Understanding govt expenditure and its various types
Its importance is seen in its ability to hugely influence the nation's economy, as it reflects aggregate demand in addition to household consumption, business investment, and net exports
See upturn in capex cycle, growth momentum to pick up: RBI report
'Can't let our guard down on inflation'
 "See upturn in capex cycle, growth momentum to pick up: RBI report")
Investment conundrum
Economic uncertainty may delay private investment
 "Investment conundrum")
Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period
CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter
 "Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period")
States' capital spends up 2.2% in 1st half despite huge spike in revenues
Capital expenditure of 18 states has risen just 2.2 per cent in the first half of the current fiscal even as their combined revenue deficit has narrowed to more than one-fourth from the year-ago
 "States' capital spends up 2.2% in 1st half despite huge spike in revenues")
FM Nirmala Sitharaman confident of strong growth, low inflation in 2023
Sitharaman declined to describe specifics from the letter, but added that the government's top three priorities for 2023 will be "growth, health and education."
 "FM Nirmala Sitharaman confident of strong growth, low inflation in 2023")
AM/NS bulks up for the future, focuses on acquisitions to secure infra
Nearly Rs 90,000 crore worth of capital expenditure has been incurred so far on various asset acquisitions and projects, with a major investment of about Rs 42,000 crore
 "AM/NS bulks up for the future, focuses on acquisitions to secure infra")
Price volatility takes sheen off aluminium firms' capital expenditure
Hindalco's subsidiary Novelis as well as the aluminium division of Vedanta have trimmed guidance by 30-40 per cent for the year
 "Price volatility takes sheen off aluminium firms' capital expenditure")
Capex by CPSEs accelerates to 53% of annual target during Apr-Oct period
During the same period a year ago, CPSEs were able to exhaust only 44.78 per cent of the full year target
 "Capex by CPSEs accelerates to 53% of annual target during Apr-Oct period")
Coal India's capital expenditure rises 33% to Rs 7,027 crore in Apr-Sep
The company's capex in the year-ago period stood at Rs 5,300 crore
 "Coal India's capital expenditure rises 33% to Rs 7,027 crore in Apr-Sep")
IPO watch: DCX issue subscribed nearly 70 times on strong QIB interest
Price band set at Rs 197-207; No institutional takers for Fusion microfinance on opening day
 "IPO watch: DCX issue subscribed nearly 70 times on strong QIB interest")
Rs 23,380 cr needed to upgrade grade A offices in four metros: JLL report
These four cities are also the biggest office markets in India, holding 569 million sq ft, or 77% of the total Grade A office stock of 740 mn sq ft situated in the country's top seven cities
 "Rs 23,380 cr needed to upgrade grade A offices in four metros: JLL report")
India Inc's fundraising from overseas sinks to 76-qtr low in Q2: Data
Fresh loans plummet 93% to $210 mn in Q3, CY22
 "India Inc's fundraising from overseas sinks to 76-qtr low in Q2: Data")
Capital expenditure by CPSEs accelerates to 43% of FY23 target in H1
While CPSEs spent Rs 2.8 trillion in capex in the first half of FY23, they had invested Rs 2.19 trillion during the year-ago period, registering 27.85 growth per cent
 "Capital expenditure by CPSEs accelerates to 43% of FY23 target in H1")
Delhi International Airport to raise up to Rs 1,600 cr via debentures
Tweaks plans to opt for Debentures as alternative to lease financing
 "Delhi International Airport to raise up to Rs 1,600 cr via debentures")
Steady trend: PSUs hit 34% of capex target in April-August, shows data
The centre through government departments and PSUs has been lifting the economy through capital spending as investments from private sector lag.
 "Steady trend: PSUs hit 34% of capex target in April-August, shows data")
Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider
The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity
 "Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider")
Is a re-rating on the cards for capital goods stocks?
Robust demand in economy -- aided by government spending -- has enabled capital goods companies to sustain strong order inflows. Takes a look at key factors which make analysts bullish on this space
 "Is a re-rating on the cards for capital goods stocks?")
India Inc's FY22 capex rises 9.1% YoY but lags pre-Covid growth
The rise in corporate assets, also called gross block, was largely led by top companies and industry leaders; small and medium firms lagged in capex terms
 "India Inc's FY22 capex rises 9.1% YoY but lags pre-Covid growth")