Page 13 - Capex

Budget 2023: From Ashok Leyland to L&T, brokerages bet on cyclical stocks

Here are 10 stocks across sectors that are expected to gain the most from the various proposals

Our capex increase accounts for global slowdown: Finance secy TV Somanathan

"The government's welfare schemes are quite large, comprehensive, well spread and the emphasis is on implementation rather than on budget provisions"

A growth-oriented Budget, says NSE MD & CEO Ashishkumar Chauhan

"The Budget would support growth and the Indian consumption story, and keep us in good stead, given headwinds in China and developed markets and until the rest of the world eases"

Stepping up capex in Budget will boost logistics, connectivity: IRF

The International Road Federation (IRF) on Thursday welcomed the increased allocation of Rs 10 lakh crore as capital expenditure in Union Budget, saying it will help boost logistics and connectivity across the nation. IRF in a statement also welcomed the thrust of the Budget on seven growth engines of PM GatiShakti, including roads, railways, airports, ports, mass transport, waterways and logistics. It said the increased allocation will ensure time-bound creation of world-class transport infrastructure and improve logistics and connectivity across the nation. IRF India chapter president Satish Parakh said stepping up capital expenditure will help boost economic growth while strengthening infrastructure and creating enormous employment.

Top headlines: Adani in crisis, India Inc to gain from Rs 10 trn infra push

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We are in the midst of capex 'mahotsav'

The finance minister has once again done a stellar job of supporting growth whilst maintaining fiscal pragmatism

From capex outlay to tax slab rejig, seven big wins from the Budget

The government's focus on ease of doing business and the expanded corpus for the credit guarantee scheme will mean MSMEs have a lot to gain from this Budget

Union Budget 2023-24: Marching ahead on a sustainable growth path

The biggest push came for the infrastructure sector, with a more than expected - i.e. 33 per cent - hike in capex that should boost private investment and spur employment generation

Fiscally prudent, but electorally savvy

In 2022-23, the finance minister hopes to grow her net revenue receipts by 8 per cent even as her revenue expenditure would increase by a similar rate

Budget 2023-24: Railways gets record Rs 2.6-trillion capex boost

According to a senior official, Railways' prime borrowing arm, Indian Railway Finance Corporation (IRFC), has zero borrowings for the fiscal under review

Budget 2023 exudes elixir for the Amrit Kaal

Strap: On the tax front, the key development is making the concessional tax regime the default option

Budget 2023-24: India Inc to gain from Rs 10-trillion infra push

CEOs expect big orders from govt as private capex picks up in tandem

Budget 2023: Capex push to safeguard growth from global headwinds

The centre has been able to spend 65.4 per cent of its capex allocation for FY23 during April-December period against 70.7 per cent during the same period in FY22

Enablers in Budget will perk up economy: FDCI chairman Sunil Sethi

"It is exciting to know about the encouragement to states for setting up Unity Malls for the further promotion and sale of One District One Product scheme, GI and handicraft products"

Union Budget 2023 augments capex without sacrificing fiscal consolidation

The quality of the fiscal deficit is also set to improve in FY24, with capex accounting for a much larger share of the same vis-a-vis FY23

Budget 2023 proposals will put India firmly back on the FII's radar

The measures, overall, will push private capex higher at a time when the global economy is facing recessionary headwinds, says Andrew Holland

Union Budget 2023: Capital expenditure to be hiked by 33% to Rs 10 trillion

Budget 2023: PAN cards will be used as a common identifier for all government schemes, the FM said in her Budget speech

Top headlines: Budget to push spending, Adani's FPO sails through, and more

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India Inc's capex juggernaut on the roll, says Economic Survey 2023

Private capex at Rs 3.3 trillion recovers in first half FY 2023 vs Rs 2.6 trillion in first half of 2022

Budget cues: Higher public capex, more PLIs and relief for MSMEs

The Survey stresses on the formula which has kept India's economic growth ahead of its peers, and the Budget may just follow suit