Page 3 - Latest Updates on Capital Expenditure
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")
WB Budget's focus on revenue over capex signals poll-year populism: Experts
The budget, tabled before the West Bengal assembly on Wednesday, proposed significant cash dole-outs under the revenue expenditure head
 "WB Budget's focus on revenue over capex signals poll-year populism: Experts")
Maintaining capex at over 3% is a good benchmark: DEA Secy Ajay Seth
Seth explains the rationale and the Budget fine print
 "Maintaining capex at over 3% is a good benchmark: DEA Secy Ajay Seth")
Budget 2025: Centre sets capex goal for FY26 at Rs 11.21 trillion
The government had set a Budget Estimate (BE) for capex at Rs 11.11 trillion for FY25, against which it is expected to miss the target by Rs 93,000 crore
 "Budget 2025: Centre sets capex goal for FY26 at Rs 11.21 trillion")
Infra stocks fall on 'modest' capital spending hike in Budget 2025
Infrastructure index reversed gains following the budget presentation, and was last down 1.1 per cent. L&T's shares fell nearly 5 per cent, marking their sharpest one-day fall in more than 3 months
 "Infra stocks fall on 'modest' capital spending hike in Budget 2025")
Budget 2025 Highlights: Here's the latest on capex, fiscal deficit and debt
India's Union Budget for FY26 has set total government expenditure at ₹50.65 trillion, marking an increase from ₹47.16 trillion in the revised estimates for 2024-25
 "Budget 2025 Highlights: Here's the latest on capex, fiscal deficit and debt")
India Inc investments set to rebound as Economic Survey signals recovery
The RBI's report on private investments highlighted that investment intentions increased to Rs 2.45 lakh crore for FY25, compared to Rs 1.6 lakh crore for FY24
 "India Inc investments set to rebound as Economic Survey signals recovery")
Govt capex rose 8.2% from July-Nov 2024, led by defence, railways, roads
Economic Survey 2025: Government capex on key infrastructure has grown by 38.8% over the past five years
 "Govt capex rose 8.2% from July-Nov 2024, led by defence, railways, roads")
Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie
NMDC unveiled the plan at a vendor meet in Hyderabad on Tuesday. The company aims to bolster its production capacity to 100 million tonnes per annum
 "Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie")
JSW Energy reduces capex to Rs 10,000 crore in FY25 citing strategic shifts
In the first nine months of the fiscal, the steel major had incurred capex spending of Rs 6200 crore
 "JSW Energy reduces capex to Rs 10,000 crore in FY25 citing strategic shifts")
Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments
The company's commercial vehicle (CV) division is working on a variety of technologies ranging from alternate fuel to zero emission battery electric, fuel cell electric and hydrogen ICE
 "Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments")
Budget 2025 needs to focus on capex, infra spending: RBI MPC member
The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful
 "Budget 2025 needs to focus on capex, infra spending: RBI MPC member")
Centre likely to save over Rs 70,000 crore on expenditure in FY25
FinMin has parked Rs 62K cr towards "new schemes" with the DEA, most of which is expected to go unspent with only two and half months left in FY25
 "Centre likely to save over Rs 70,000 crore on expenditure in FY25")
Centre releases Rs 1.73 trillion towards tax devolution to states
"A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement
 "Centre releases Rs 1.73 trillion towards tax devolution to states")
Broad-based corporate capex recovery unlikely in FY26: India Ratings
Amid multiple headwinds and weak macroeconomic and microeconomic conditions, a sustained easing of banking system liquidity is necessary, the agency added
 "Broad-based corporate capex recovery unlikely in FY26: India Ratings")
Consumption jump, slower capex likely in FY25: NSO's 1st advance estimates
Rural spending may drive consumption growth, while capex may moderate amid fiscal constraints
 "Consumption jump, slower capex likely in FY25: NSO's 1st advance estimates")
Outlook 2025: Govt capex, safeguard duty key to steel sector performance
The monthly average price for December 2023 was Rs 55,000 per tonne while for December 2024, it stood at Rs 46,900 per tonne
 "Outlook 2025: Govt capex, safeguard duty key to steel sector performance")
Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data
Economists said the Centre's capex needs to expand by 65 per cent Y-o-Y in December 2024-March 2025 or record a monthly run rate of Rs 1.5 trillion, to meet the FY25 target of Rs 11.1 trillion
BS CEO poll: Corporate India sees demand recovery, capex surge in 2025
Top execs plan to go on hiring spree, expect govt to offer tax incentives
 "BS CEO poll: Corporate India sees demand recovery, capex surge in 2025")
Industry seeks tax relief, capex boost, reforms at FinMin's pre-budget meet
Industry representatives stressed that, given the uncertainty caused by persisting global headwinds, government's focus on public capex in physical, social, and digital infrastructure will be crucial
 "Industry seeks tax relief, capex boost, reforms at FinMin's pre-budget meet")
