Page 17 - Capex

Private sector capex likely to lift off this fiscal, says RBI study

Loan sanctions at Rs 1.4 trn vs all-time high of Rs 4 trn in FY11

Capital goods production expands in June, led by capex revival

The Index of Industrial Production for June, released on Friday, showed capital goods output -- which is a barometer of investment -- rose by 26.1 per cent over the year-ago period, the sharpest among

JSW Steel outlays Rs 20,000 crore capex for FY23: CMD Sajjan Jindal

JSW Steel will invest over Rs 48,000 crore in the next three years as part of its capex plan, the company's Chairman and Managing Director (CMD) Sajjan Jindal has said. Out of Rs 48,700, Rs 20,000 crore capex (capital expenditure) is for the 2022-23 financial year, he said. Besides, JSW Steel is also eyeing to amalgamate JSW Ispat Special Products with it by the end of the ongoing fiscal. According to a regulatory filing on Monday, Jindal addressing a shareholder's query said: "The total planned capex for the next three years is Rs 48,700 crore, which includes Rs 20,000 crore planned for this current financial year." The composite scheme of amalgamation between the company and JSW Ispat Special Products Limited (Monnet Ispat) is expected to be completed during this financial year, he said. In August 2018, a joint consortium of AION Investments Private II Ltd (AION) and JSW Steel Limited acquired controlling stake in JSW Ispat Special Products Limited (formerly known as Monnet Ispa

India Inc's capex costs to shoot up as RBI hikes repo rate by 50 bps

The biggest losers would be the rate-sensitive real estate and two-wheeler sectors, which may see demand coming down

What do Q1 numbers tell us about the Indian economy?

The govt has said that the country's fiscal deficit has risen lower-than expected in Q1 FY23, despite a jump in govt expenditure. What else the quarterly numbers say about the health of t

Fiscal deficit expected to follow previous years' trend in June quarter

Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion

Top Headlines: Centre's capex Q1 outlay, Fed hikes rates by 75 bps, & more

Business Standard brings you the top headlines at this hour

UltraTech profit falls 7% due to increased fuel and power costs hit

It still beat Q1 estimates despite decline on both YoY and sequential bases

Tata group firms in talks with banks to raise funds for Rs 60K capex plan

Focus is on EVs, renewable energy for new investments

India's growth prospects embedded in public capex programmes: Sitharaman

Finance Minister Nirmala Sitharaman on Friday said India's long-term growth prospects are embedded in public capital expenditure programmes. Sitharaman, while attending the third G20 Finance Ministers and Central Bank Governors (FMCBG) meeting hosted by Indonesia in Bali, also said evidence-based policy making is vital for resilient economic systems. The government has laid emphasis on capital expenditure to push economic growth hit by the pandemic. It is expected that the increase in public spending would crowd in private investment. Sitharaman raised capital expenditure (capex) by 35.4 per cent for the financial year 2022-23 to Rs 7.5 lakh crore to continue the public investment-led recovery of the pandemic-battered economy. The capex last year was Rs 5.5 lakh crore. "Reflecting on India's #growthstory, FM shared that India's long-term growth prospects are embedded in public #CapitalExpenditure programmes, & #EvidenceBased #PolicyMaking is vital for resilient economic systems," .

Top headlines: Capex distribution rules, Edible oil prices fall, and more

Business Standard brings you the top headlines at this hour

Centre sets out rules on disbursing Rs 1 trillion capex funds to states

Funds provided to the states under the scheme will be used for new and ongoing capital projects as well as for settling pending bills in them

Capex for revival

Govt has done well to increase expenditure

Top headlines: 'Capex route to economic revival', gold import duty hike

The top gainers were groups with a big play in industrial metals such as steel and non-ferrous metals

Capex is the route to economic revival, says FM Nirmala Sitharaman

In an exclusive interview with BS, Sitharaman says spend on capital assets may work better than sector-specific fiscal steps

Economic recovery gradual, uneven amidst global headwinds: RBI report

Corporate sales and profitability increasing and gross NPA of banks is at 6-year low

India Inc's capital expenditure slows despite jump in net profits

Investment in fixed assets up just 2.3% in FY22 despite 63.5% growth in earnings

Base metal companies line up Rs 1.14 trillion capex as demand rises

Host of sectors pushing up need for metals; capital outlay significant by firms, say experts

Netplus Broadband keep Rs 300 crore capex for FY23; focus on rural coverage

Netplus has earmarked Rs 300 crore capital expenditure for current financial year, out of which most of investment will be made in expanding the network in rural areas, a senior company official said

UltraTech announces Rs 12,886 cr capex plan as competition grows in cement

Bracing for stiff competition, the firm looks to boost capacity by 22.6 mtpa