Page 18 - Capex
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
 "India Inc's capex costs to shoot up as RBI hikes repo rate by 50 bps")
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
 "What do Q1 numbers tell us about the Indian economy?")
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
 "Fiscal deficit expected to follow previous years' trend in June quarter")
Top Headlines: Centre's capex Q1 outlay, Fed hikes rates by 75 bps, & more
Business Standard brings you the top headlines at this hour
 "Top Headlines: Centre's capex Q1 outlay, Fed hikes rates by 75 bps, & more")
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
 "UltraTech profit falls 7% due to increased fuel and power costs hit")
Tata group firms in talks with banks to raise funds for Rs 60K capex plan
Focus is on EVs, renewable energy for new investments
 "Tata group firms in talks with banks to raise funds for Rs 60K capex plan")
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," .
 "India's growth prospects embedded in public capex programmes: Sitharaman")
Top headlines: Capex distribution rules, Edible oil prices fall, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Capex distribution rules, Edible oil prices fall, and more")
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
 "Capex for revival")
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
 "Top headlines: 'Capex route to economic revival', gold import duty hike")
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
 "Economic recovery gradual, uneven amidst global headwinds: RBI report")
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
 "India Inc's capital expenditure slows despite jump in net profits")
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
 "Base metal companies line up Rs 1.14 trillion capex as demand rises")
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
 "Netplus Broadband keep Rs 300 crore capex for FY23; focus on rural coverage")
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
 "UltraTech announces Rs 12,886 cr capex plan as competition grows in cement")
JK Tyre lines up Rs 1,100 crore capex for two years, says CFO Aggarwal
JK Tyre and Industries has planned a capital expenditure of Rs 1,100 crore till next financial year, company's CFO Sanjeev Aggarwal said
 "JK Tyre lines up Rs 1,100 crore capex for two years, says CFO Aggarwal")
Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme
Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25
 "Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme")
Asian Paints, Berger Paints slip 6% after Grasim doubles capex plan
Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.
 "Asian Paints, Berger Paints slip 6% after Grasim doubles capex plan")