Page 5 - Capex

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

A Budget beyond popcorn: Focus on capex and consumer-driven growth

The government needs to spend more on capex and allow consumers to have money in their pockets if it wants growth. Let's focus on the real issues

TikTok's ByteDance plans $20 billion capex in 2025, mostly on AI: Report

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment

Will oil sector growth lead to more capex for underfunded ministry

The petroleum sector contributed Rs 4.32 trillion to the Central exchequer by way of taxes, royalties, and dividends, among others, and Rs 3.19 trillion to the states in 2023-24

Pickup in consumption, capex key to earnings revival: ICICI Pru MF ED & CIO

Naren says investors should take a hybrid approach to navigate global uncertainties

India Inc's leverage to improve in FY26-27 despite high capex: Fitch

The downside risks could materialise if energy prices rise significantly, given ongoing geopolitical risks, cautioned the rating agency

IIP growth hits a six-month high of 5.2% in November on low base

Data showed that the manufacturing sector (5.8 per cent) led the revival in industrial production, followed by electricity (4.4 per cent) and mining sector (1.9 per cent) during the month

Centre releases Rs 1.73 trillion towards tax devolution to states

The Centre on Friday released tax devolution of Rs 1.73 lakh crore to the state governments to accelerate capital expenditure and finance welfare activities. "A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement. The Union government has released tax devolution of Rs 1,73,030 crore to state governments on Friday, as against the devolution of Rs 89,086 crore in December 2024, the ministry added. Currently, 41 per cent of taxes collected by the Centre is devolved in instalments among states during a fiscal year.

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Amid multiple headwinds and weak macroeconomic and microeconomic conditions, a sustained easing of banking system liquidity is necessary, the agency added