Page 2 - Latest Updates on Capital Expenditure
Capex rises 54% in Apr-May FY26, RBI dividend lifts revenue: CGA data
Government capex rose 54 per cent in April-May FY26 as RBI dividend boosted non-tax revenue and kept the fiscal deficit at a 28-year low for the two-month period
 "Capex rises 54% in Apr-May FY26, RBI dividend lifts revenue: CGA data")
Falling PSU disinvestment receipts as stark as higher govt capex for them
Disinvestment as a policy was launched in the early 1990s to bolster revenue and use the reduced government stake in PSUs to help enhance their autonomy
 "Falling PSU disinvestment receipts as stark as higher govt capex for them")
Nalco clarifies ₹30,000-cr smelter expansion plan on track, not deferred
Nalco denies media reports suggesting its ₹30,000-crore smelter capex has been deferred due to stalled talks with Rio Tinto; says project and partner discussions are ongoing
 "Nalco clarifies ₹30,000-cr smelter expansion plan on track, not deferred")
Govt has scope to increase capital expenditure this fiscal, says ICRA
Capital expenditure for April 2025 surged by 61 per cent year-on-year to ₹1.6 trillion
 "Govt has scope to increase capital expenditure this fiscal, says ICRA")
Datanomics: Govt betters fiscal deficit target despite lower tax receipts
The credit goes to higher GDP in nominal terms than considered by the Budget
 "Datanomics: Govt betters fiscal deficit target despite lower tax receipts")
Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25
Capital expenditure for FY 2024-2025 at Rs 10.5 trillion stood at 103.3 per cent of the revised estimate for the year, CGA data showed
 "Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25")
Firms skipping PLI tend to be more capital-disciplined: Ather Energy CEO
Tarun Mehta also sounded bullish on the domestic EV industry and said that Ather was set to play a major part in the domestic premium e-two-wheeler space
 "Firms skipping PLI tend to be more capital-disciplined: Ather Energy CEO")
EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion
India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base
 "EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion")
Govt's FY25 capital expenditure may surpass RE of Rs 10.18 trillion
To meet the RE would require a 44 per cent year-on-year (Y-o-Y) increase in capex
 "Govt's FY25 capital expenditure may surpass RE of Rs 10.18 trillion")
'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex
Earlier, Finance Minister Sitharaman said the capital expenditure has not been reduced but has gone up to ₹11.21 trillion for the 2025-26 fiscal, and claims of cuts are misleading
 "'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex")
India Inc credit quality robust amid profit growth, low capital expenditure
Credit quality outlook positive amid global uncertainties
 "India Inc credit quality robust amid profit growth, low capital expenditure")
Centre's capex spending dropped 35% in February, shows CGA data
Capex spend of Rs 2 trillion needed in March to meet FY25 revised estimate
 "Centre's capex spending dropped 35% in February, shows CGA data")
CPSEs exhaust over 94% of capital expenditure target till February
CPSEs exceeded their full year targets at 100.4 per cent and 108 per cent in FY23 and FY24 respectively
 "CPSEs exhaust over 94% of capital expenditure target till February")
Private investment conundrum: Policy intervention to improve prospects
India's gross fixed capital formation at constant prices is expected to be at 33.4 per cent of GDP this financial year
 "Private investment conundrum: Policy intervention to improve prospects")
Cantabil Retail eyes Rs 55 cr capex by FY26, to expand production capacity
Nigam shared details about the company's major project, set for completion by mid-September
 "Cantabil Retail eyes Rs 55 cr capex by FY26, to expand production capacity")
Railways, defence spends lift govt capital expenditure 51% in January
Capital expenditure for road ministry in the month of January 2025 was down 63 per cent over the corresponding month last year
 "Railways, defence spends lift govt capital expenditure 51% in January")
Wire and cable market has room for another player, says UltraTech
The company added that cement remains its core business, while entry into wires and cables is an adjacencies play
 "Wire and cable market has room for another player, says UltraTech")
Outlook positive for MSMEs in security services: CRISIL SME Tracker
Indeed, as margins shrink, the smaller players are exiting, leading to market consolidation
 "Outlook positive for MSMEs in security services: CRISIL SME Tracker")
India Inc revenue to grow 7-8% in Q4 on demand revival, govt spend: ICRA
In a statement, ICRA said the recovery in the operating profit margins (OPM) for India Inc witnessed over the past quarter is likely to be sustained at 18.2-18.4 per cent
 "India Inc revenue to grow 7-8% in Q4 on demand revival, govt spend: ICRA")
Epigral targets 20% annual growth, more than double revenue by FY28
Epigral reported a little over 37 per cent jump in consolidated revenue to Rs 1,934.31 crore in the first nine months of 2024-25 compared to Rs 1,409.55 crore in the year-ago period
 "Epigral targets 20% annual growth, more than double revenue by FY28")
