Page 5 - Latest Updates on Capital Expenditure
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")
Oil and gas CPSEs set to exceed IEBR capex for fifth-straight year
More than 145 projects costing Rs 100 crore under implementation by govt oil and gas firms
 "Oil and gas CPSEs set to exceed IEBR capex for fifth-straight year")
Govt consistently increased capex for infra development: MoS Finance
The government's capital expenditure increased from over Rs 5 lakh crore in 2021-22 to Rs 11.11 lakh crore in 2024-25
 "Govt consistently increased capex for infra development: MoS Finance")
Transrail Lighting to float IPO on Dec 19; eyes Rs 400 cr via fresh issue
Apart from the fresh issue, the initial public offering (IPO) comprised an offer for sale of 1.01 crore equity shares by promoter Ajanma Holdings Private Limited
 "Transrail Lighting to float IPO on Dec 19; eyes Rs 400 cr via fresh issue")
Govt looks to reduce red tape and unmoor port infrastructure delays
New plan aims to expand financial powers, and level the playing field with private operators
 "Govt looks to reduce red tape and unmoor port infrastructure delays")
Slowing capex: Focus more on growth dynamics than changing target norms
Patterns of capital expenditure have a bearing on economic growth. With their huge spending power, states have as big a role in economic development as the Union government
Govt may relax quarterly spending limits to meet FY25 capex target
Analysts say the weaker spending is one of the reasons for a recent slowdown in India's high frequency economic indicators
Centre may relax expenditure norms for Q4 to speed up capital expenditure
The Centre's capex, through which it builds physical infrastructure, reached Rs 4.1 trillion or 37.3 per cent of the annual target in the first five months of FY25
 "Centre may relax expenditure norms for Q4 to speed up capital expenditure")
Andhra Pradesh govt presents Rs 2.9 trn budget; see all major allocations
The estimated revenue deficit stands at Rs 34,743 crore (2.12 per cent of the GSDP), while the fiscal deficit is estimated at Rs 68,743 crore (4.19 per cent of the GSDP)
 "Andhra Pradesh govt presents Rs 2.9 trn budget; see all major allocations")
CII asks for more reforms in tax code, sustaining capex in FY26 Budget
In a meeting with Revenue Secretary Sanjay Malhotra, CII urged the government to increase the capex by 25 per cent over 2024-25 (BE) with a sharp focus on infrastructure related to rural areas
 "CII asks for more reforms in tax code, sustaining capex in FY26 Budget")
Expanding bond market to ease capital needs key to India's $5 trn goal
Nothing illustrates that challenge better than the Rs 47 trillion ($559 billion) corporate bond market. It's one of the world's smallest as a percentage of gross domestic product, at just 16 per cent
 "Expanding bond market to ease capital needs key to India's $5 trn goal")