NSO data shows just 2.75% of firms planned capex for 'diversification'
Finance Minister Nirmala Sitharaman on Tuesday said the capital expenditure has not been cut, but has gone up to Rs 11.21 lakh crore for 2025-26 fiscal, and there has been proportional increase in loans given to states for capital expenditure for the same year. Replying during the Question Hour in Rajya Sabha, Sitharaman said the capital expenditure was at Rs 11.11 lakh crore in 2024-25. "Actually, (in) the budget this year..., it has gone up to Rs 11.21 lakh crore. So, the capital expenditure has not been cut at all," she said. Loans to states under the scheme for interest-free 50-year special assistance for capital expenditure has gone up proportionately. "So, cutting down the capital expenditure is not the case with us," she added. Sitharaman was responding to a question by senior Congress leader and former finance minister P Chidambaram. Chidambaram sought to know the reason for reduction in the capital expenditure for FY25 in the revised budget estimate to Rs 10,18,429 crore
After a consolidation phase from FY17-FY24, hospitals are shifting focus to expansion, emphasising brownfield projects and operation and maintenance models to mitigate risks and enhance profitability
Capital expenditure for road ministry in the month of January 2025 was down 63 per cent over the corresponding month last year
The government is likely to miss its capex target in FY25, according to RE of Rs 8.2 trillion, lower by 8.3 per cent compared to budget estimates or BE
Home textiles major Trident Group on Friday said it has earmarked Rs 1,000 crore capital expenditure for FY25-26 for sustainability, modernisation, and asset enhancement initiatives. The group has also set a target of increasing its domestic business by three-fold, by 2027, with its home textile brand, myTrident, expanding into the luxury segment with the launch of 'LUXEHOME by myTrident' label. "We are going to invest Rs 1,000 crore but out of that, almost Rs 600-650 crore would be in the renewable-sustainability side, the remaining would be on modernisation side," Trident Group CEO Samir Joshipura told PTI here on the sidelines of Bharat Tex 2025. The group is converting 60 per cent of the energy requirement at Budhni campus in Madhya Pradesh into a non-fossil base, he said adding, "we are going to increase from there". Stressing that sustainability is "going to be a significant focus" for the group, Joshipura said, "We want to consciously invest there, because we do see that in
The government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on Tuesday. She said the effective capital expenditure in FY'26 is Rs 15.48 lakh crore, which is 4.3 per cent of GDP. The fiscal deficit target is 4.4 per cent of the GDP for next fiscal. "It indicates that the government is using almost the entire borrowed resources for financing effective capital expenditure. So the borrowings are not going for revenue expenditure or committed expenditure, or any of those kinds. It's going only for creating capital assets. So, in effect, the government intends to use about 99 per cent of borrowed sources to finance effective capital expenditure in the upcoming year," she said in the Lok Sabha. Replying to a discussion on General Budget 2025-26, Sitharaman said the Budget has come in a time of immense uncertainties, changes in the global macro-economic environment, stagnating global growth and sticky ...
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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
The government aims to bridge the FY25 capex gap, with Rs 11.1 trillion budgeted but only Rs 5.13 trillion spent by November, marking a 12.3 per cent year-on-year decline
Raises FY25 capital expenditure by 72% compared to FY24
An investment share above 30 per cent is considered important for driving economic growth
The government will be able to register the fiscal deficit at 4.75 per cent in FY25, 0.19 per cent lower than the budget aim, by reigning in expenditure, domestic rating agency India Ratings and Research said on Wednesday. The revenue expenditure, excluding subsidies, will be 0.12 per cent of GDP, lower than the budget estimate, the rating agency added. Its chief economist and head of public finance Devendra Kumar Pant said the government capital expenditure will come out to be Rs 62,000 crore lower than the estimate of Rs 11.11 lakh crore. Pant was quick to add that the government capex will still be 10.6 per cent higher than the year-ago period. The government was initially envisaging a 17.6 per cent growth in the key number. Even as there is a dip in the government capital expenditure projected, the capex to GDP in FY25 at 3.21 per cent is estimated to be at a two-decade high, the agency said. "The FY25 capex growth has been impacted by the general elections in May 2024, and ca
In FY24, erstwhile Adani Transmission changed its name to Adani Energy Solutions (AESL) to reflect its focus on selling cooling solutions
Analysts say the weaker spending is one of the reasons for a recent slowdown in India's high frequency economic indicators
Capital expenditures across 18 states declined by 6% year-on-year between April and August in FY25, totalling Rs 1.67 trillion, down from Rs 1.78 trillion during the same period the previous year
He exuded confidence that the BJP will sweep the forthcoming seven Assembly bypolls in the state, overcoming the setback it suffered in the LS elections, where it could win only 14 of the 25 seats
The growth slowed to a five-quarter low of 6.7 per cent year-on-year (Y-o-Y) in the April-June quarter