Page 3 - Capex

India to become world's third-largest economy by 2028: Morgan Stanley

According to Morgan Stanley, India was the 12th largest economy in the world in 1990, slipped to 13th position in 2000 before rising to 9th rank in 2020 and 5th in 2023

CPSEs exhaust over 94% of capital expenditure target till February

CPSEs exceeded their full year targets at 100.4 per cent and 108 per cent in FY23 and FY24 respectively

Railways, defence spends lift govt capital expenditure 51% in January

Capital expenditure for road ministry in the month of January 2025 was down 63 per cent over the corresponding month last year

Best of BS Opinion: India needs to recalibrate in a changing world order

Today's editorials and columns look at the world through the lens of relationships, and how they don't always turn out as intended

Sustainable recovery: The policy challenge is to increase trend growth

In recent years, government capital expenditure has been a key driver of growth and is likely to continue playing this role in the foreseeable future

Best of BS Opinion: The many hats a government wears in citizens' lives

The undeniable thing is that government can shape the very nature of the nation, for better or for worse. From finances to health to labour to communication to awareness, it wields great power.

Trump tariff shadow over metal industry's Rs 8.6 trillion capex push

The US President announced a 25 per cent tariff on steel imports into the US and a similar 25 per cent tariff on aluminium on February 10

Trident Group allocates Rs 1,000 cr capex on sustainability, modernisation

Home textiles major Trident Group on Friday said it has earmarked Rs 1,000 crore capital expenditure for FY25-26 for sustainability, modernisation, and asset enhancement initiatives. The group has also set a target of increasing its domestic business by three-fold, by 2027, with its home textile brand, myTrident, expanding into the luxury segment with the launch of 'LUXEHOME by myTrident' label. "We are going to invest Rs 1,000 crore but out of that, almost Rs 600-650 crore would be in the renewable-sustainability side, the remaining would be on modernisation side," Trident Group CEO Samir Joshipura told PTI here on the sidelines of Bharat Tex 2025. The group is converting 60 per cent of the energy requirement at Budhni campus in Madhya Pradesh into a non-fossil base, he said adding, "we are going to increase from there". Stressing that sustainability is "going to be a significant focus" for the group, Joshipura said, "We want to consciously invest there, because we do see that in

Govt using almost entire borrowings in FY26 towards capex: FM Sitharaman

The government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on Tuesday. She said the effective capital expenditure in FY'26 is Rs 15.48 lakh crore, which is 4.3 per cent of GDP. The fiscal deficit target is 4.4 per cent of the GDP for next fiscal. "It indicates that the government is using almost the entire borrowed resources for financing effective capital expenditure. So the borrowings are not going for revenue expenditure or committed expenditure, or any of those kinds. It's going only for creating capital assets. So, in effect, the government intends to use about 99 per cent of borrowed sources to finance effective capital expenditure in the upcoming year," she said in the Lok Sabha. Replying to a discussion on General Budget 2025-26, Sitharaman said the Budget has come in a time of immense uncertainties, changes in the global macro-economic environment, stagnating global growth and sticky ...

Britannia plans to take 'capex break' amid slowdown in urban demand

Senior executives of the company said they would be cautious on capital expenditure because growth in volumes remained on a slow burn, hurt by a slowdown in urban demand

Bharti Airtel's capital expenditure to moderate in FY26: MD Gopal Vittal

Vittal said the telco had 120 million 5G customers at December-end, lower than Reliance Jio's 170 million. AIrtel's 5G user base has taken to 2 GB per day plans, driving monetization, Vittal said

Rail, defence: Analysts bet on select capex-related PSUs after Budget 2025

Stocks to Buy After Budget 2025: Budget 2025 fine print showed the Government has shifted its focus away from the 'traditional' capex drivers, such as railways, roads to 'other sectors'

Maintaining capex at over 3% is a good benchmark: DEA Secy Ajay Seth

Seth explains the rationale and the Budget fine print

Statsguru: Budget 2025-26 pushes demand, caps capital expenditure

A key driver of this effort is a demand push through cuts in personal income tax rates under the new tax regime

Budget 2025: Charting a new growth path amid excess capacity, FDI concerns

Net FDI inflows are plummeting due to repatriation by foreign firms, coupled with increased outbound foreign investment by Indians

Union Budget 2025-26: Charting a new growth path amid capex decline

The private sector has pulled back spending on new factories and other long-term assets, while government infrastructure projects, such as new roads, have also slowed

Budget 2025: Centre sets capex goal for FY26 at Rs 11.21 trillion

The government had set a Budget Estimate (BE) for capex at Rs 11.11 trillion for FY25, against which it is expected to miss the target by Rs 93,000 crore

'No cut in capital expenditure': Nirmala Sitharaman post-Budget 2025

Public spending on capital expenditure remains a priority due to its strong multiplier effect on economic growth, Finance Minister Nirmala Sitharaman said at the post-Budget press briefing

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

Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie

NMDC unveiled the plan at a vendor meet in Hyderabad on Tuesday. The company aims to bolster its production capacity to 100 million tonnes per annum