Page 4 - Latest Updates on 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")
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")