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Capex Spending In India

Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?

Our Editorial comment and columnists dissect the Union Budget 2025 to see what makes it tick, and what doesn't

Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?
Updated On : 02 Feb 2025 | 6:15 AM IST

Pragmatic and sensible: FM Sitharaman incentivises growth beyond govt capex

By providing an effective tax cut of Rs 1 trillion to the middle class, the FM will improve consumer confidence and boost consumption

Pragmatic and sensible: FM Sitharaman incentivises growth beyond govt capex
Updated On : 01 Feb 2025 | 11:46 PM IST

Five things stand out in Budget 2025 as it works on fiscal consolidation

As Finance Minister Sitharaman has mentioned that the revenue foregone would be Rs 1 trillion, one can assume that it would lead to Rs 70,000 crore of consumption

Five things stand out in Budget 2025 as it works on fiscal consolidation
Updated On : 01 Feb 2025 | 12:51 PM IST

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
Updated On : 31 Jan 2025 | 3:33 PM IST

Will oil sector growth lead to more capex for underfunded ministry

The petroleum sector contributed Rs 4.32 trillion to the Central exchequer by way of taxes, royalties, and dividends, among others, and Rs 3.19 trillion to the states in 2023-24

Will oil sector growth lead to more capex for underfunded ministry
Updated On : 20 Jan 2025 | 10:15 PM IST

Budget should focus on mix of fiscal consolidation, boost to capex: Ind-Ra

India Ratings and Research (Ind-Ra) on Monday said the FY26 Budget should focus on a mix of fiscal consolidation roadmap, while boosting consumption demand, and capex spending. The Centre in the FY22 Union Budget had provided a fiscal consolidation glide path till FY26 according to which the fiscal deficit will be brought down to 4.5 per cent of the GDP. "By adhering to the outlined targets, it builds up fiscal credibility which is important for various stakeholders especially investors in gauging the fiscal health of the economy. It also helps in curtailing inflation which has been sticky during FY24-FY25. "This is one of the reasons for weak consumption demand in the economy which has kept private investments in wait-and-watch mode. Thus, measures to stimulate consumption demand in the economy through income tax relief may be announced in the forthcoming budget," Ind-Ra said. Against the backdrop of the past three quarters of growth slowdown, Ind-Ra expects the FY26 Union Budget

Budget should focus on mix of fiscal consolidation, boost to capex: Ind-Ra
Updated On : 20 Jan 2025 | 5:49 PM IST

Pickup in consumption, capex key to earnings revival: ICICI Pru MF ED & CIO

Naren says investors should take a hybrid approach to navigate global uncertainties

Pickup in consumption, capex key to earnings revival: ICICI Pru MF ED & CIO
Updated On : 14 Jan 2025 | 11:30 PM IST

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
Updated On : 06 Jan 2025 | 10:10 PM IST

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data

Economists said that the Centre's capex needs to expand by 65 per cent YoY in December 2024-March 2025 or record a monthly run rate of Rs 1.5 trillion, to meet the FY2025 target of 11.1 trillion

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data
Updated On : 01 Jan 2025 | 12:04 AM IST

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
Updated On : 31 Dec 2024 | 11:10 PM IST

Leverage for primary steel firms may reach five-year high: CRISIL Ratings

Major steel producers have been on an expansion spree. Ongoing capex is expected to boost capacity by 30 mn tonne per annum (mtpa) by fiscal 2027, of which 20 mtpa is to be added by the end of fiscal

Leverage for primary steel firms may reach five-year high: CRISIL Ratings
Updated On : 28 Nov 2024 | 11:10 PM IST

Fiscal deficit likely to be at 4.75% in FY25; capex at Rs 62K cr: IndRa

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

Fiscal deficit likely to be at 4.75% in FY25; capex at Rs 62K cr: IndRa
Updated On : 27 Nov 2024 | 5:26 PM IST

Combined capex of state govts to undershoot FY25 budget estimates: ICRA

According to ICRA, the total revenues of the sample states are expected to rise by 10 per cent in FY25 compared to the previous year, well below the 18 per cent growth projected in the FY25 BE

Combined capex of state govts to undershoot FY25 budget estimates: ICRA
Updated On : 16 Oct 2024 | 9:42 PM IST

To boost capex, FinMin relaxes norms for expenditure exceeding Rs 500 cr

The finance ministry has relaxed norms for expenditure exceeding Rs 500 crore to accelerate capex (capital expenditure) that is pegged at Rs 11.11 lakh crore for the current fiscal. This will give a push to government spending which suffered a slowdown for a couple of months due to general elections. Finance Minister Nirmala Sitharaman in the Budget proposed to raise the capital expenditure target by 11.1 per cent to record Rs 11.11 lakh crore for 2024-25. To provide requisite operational flexibility in the execution of the Budget, it has been decided to relax rules for big releases above Rs 500 crore for all items of expenditure in the current financial year, an office memorandum dated September 2, 2024, said. The relaxation permitted is subject to strict compliance by all ministries and departments, it said. All expenditures should be in compliance of the guidelines of the Single Nodal Agency (SNA)/Central Nodal Agency (CNA) and Monthly Expenditure Plan (MEP) and Quarterly ...

To boost capex, FinMin relaxes norms for expenditure exceeding Rs 500 cr
Updated On : 04 Sep 2024 | 11:04 PM IST

India has overcome after-effects of pandemic with capex push: FM Sitharaman

Nirmala Sitharaman said that not mentioning a state in the Budget speech does not mean that it will not be given any financial support, referring to the Opposition's charge on Bihar and Andhra

India has overcome after-effects of pandemic with capex push: FM Sitharaman
Updated On : 30 Jul 2024 | 5:43 PM IST

Budget 2024: Capex momentum for developing highways likely to continue

Focus will be on the quality of work done and not just the length of highways built, say senior govt officials

Budget 2024: Capex momentum for developing highways likely to continue
Updated On : 21 Jun 2024 | 11:31 AM IST

Case for reforms validated by past experience: CII President Sanjiv Puri

India is growing at a time when most economies are under stress, Puri said

Case for reforms validated by past experience: CII President Sanjiv Puri
Updated On : 17 Jun 2024 | 6:30 AM IST

Employment focus to drive capex push for engineering, infra firms: Execs

One of the election agendas was unemployment. You cannot do capex without generating employment. It is interlinked, says analyst

Employment focus to drive capex push for engineering, infra firms: Execs
Updated On : 07 Jun 2024 | 11:06 PM IST

Apex capex: How is govt capital expenditure driving India's growth

Centre and states capex now at Rs 19 trillion, cornered by infra

Apex capex: How is govt capital expenditure driving India's growth
Updated On : 13 May 2024 | 4:56 PM IST

Green shoots in private capex are visible: Assocham President Sanjay Nayar

Nayar talks about Assocham's priorities, pick up in private capex and the startup ecosystem

Green shoots in private capex are visible: Assocham President Sanjay Nayar
Updated On : 11 Apr 2024 | 11:25 PM IST