Page 3 - Capex Spending

Govt targets higher capex in upcoming Budget amid fiscal gains and optimism

The Union Budget is set to project higher capex, surpassing the Rs 11.1 trillion outlined in the Interim Budget, reflecting India's improved fiscal discipline and global investment prospects

Adani to invest Rs 1.3 trn in FY25 across portfolio companies, says CFO

The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation

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

FY25 fiscal deficit of 20 major states to be lower than budgeted: Axis Bank

The Finance Commission had allowed states to borrow up to 4-3.5 per cent of Gross State Domestic Product in FY22-23, with unused limits usable up to FY25

Lok Sabha poll results: Portfolio shuffle may see capex-to-defensive switch

The 200 Day Moving Average -- a benchmark for a healthy bull market is also close enough to that level. A drop below 21,000 could have long-term bearish consequences.

As order book grows, capital goods, engineering cos firm up capex plans

Nine of the large engineering and capital goods companies combined have a capex of roughly Rs 11,500 crore or more under way

Siemens profit surges 70%, to list energy biz into separate entity

Announces demerger of energy business into a separate listed entity, incremental capex of Rs 500 crore

Reviving disinvestment

This must be a top priority for the next govt

New private project announcements zoom ahead of Lok Sabha elections

Manufacturing sector accounted for nearly 60 per cent of new project value

Capacity expansion to drive margins for Jindal Steel & Power stock

JSPL projects a capex allocation ranging between Rs 7,500-10,000 crore annually for the next three-year period

India Inc's capex frontier: When will companies start spending big time?

The economy is growing and capital markets are buoyant. A look into why companies aren't spending enough

Corporate real estate sentiment highest since April-June 2022: Report

Number of corporate real estate deals likely to increase in quarters ahead, it indicates

Defence preparedness

Govt will have to find more resources

Qualitative improvement

Higher capex will improve growth prospects

Increased capex on infra to spur steel demand, attract investments: Experts

The increased capex on infrastructure in the budget will spur domestic steel demand, attract investments and create job opportunities, industry players and experts said. Finance Minister Nirmala Sitharaman presented her sixth Budget on Thursday in which she announced a Rs 11.11 lakh crore spending on infrastructure among other proposals for sectors like solar and startups. "This focus on infra will result in robust domestic steel demand, attract investments and create job creation. The coming 5 years will see again the unprecedented growth and development and steel will be a key driver in this development," Alok Sahay, Secretary General, Indian Steel Association (ISA) told PTI. Kamdhenu CMD Satish Kumar Agarwal said the budget addressed one of the most important needs of the middle class that is housing. The government's commitment to build 20 million houses for the poor in the next five years and the announcement of a scheme to help deserving sections of the middle class buy or bui

Interim Budget 2024: 'Prudence has taken precedence over populism'

Backed by robust collections in both direct and indirect taxes and a growing domestic demand, the finance minister asserted a strong commitment to pursuing the path of fiscal consolidation

India's capex budget: Experts call for multiyear, data-driven plans

A beginning has already been made with detailed planning for the Indian Railways

Budget 2024: Centre may increase FY25 capex target for CPSEs by 12-13%

The government aims to propel economic growth with a higher capital expenditure target for central public sector enterprises (CPSEs) in the upcoming financial year

States lag Centre in capex push so far in FY24: CAG-Bank of Baroda data

Centre had allotted Rs 1.3 trillion for FY24 under the interest-free loans scheme for capital investment by states

Expected returns

Sustained govt capex will be crucial for some stocks