Capital Expenditure

Odisha plans engineering department overhaul as capex utilisation slows

The state is considering cadre reforms and restructuring engineering wings after manpower shortages hindered utilisation of one of India's largest capital expenditure allocations

Profits are rising across corporate India. Why isn't investment taking off?

Listed companies' net income is nearing 6 per cent of GDP, but a lack of corresponding investment in factories and other productive assets is limiting job creation and widening inequality

States see slower FY27 start, capex utilisation at 1.85% in April

States made a slow start to FY27, with capital expenditure utilisation falling below 2 per cent in April despite higher budgeted infrastructure spending

Tax rebates: FY26 provisional expenditure, revenue show need for a rethink

The provisional expenditure and revenue numbers for 2025-26 underline the need for reviewing tax rebates

India's FY26 fiscal deficit at 4.4% of GDP, in line with govt estimates

The ‌deficit was at ​₹15.19 trillion ($159.91 billion), or 97.5% of the government's ​revised estimates presented in February

States' capex utilisation dipped to 77% in FY26 despite higher outlay

The state-wise picture also reveals a sharp churn at the top and bottom relative to the last financial year

Maharashtra will continue to lead in capex, says Devendra Fadnavis

Maharashtra will continue to lead states in infrastructure spending and cut power tariffs by 3 per cent annually till 2030, Chief Minister Devendra Fadnavis said

Why Indian companies don't want to invest in India despite incentives

Despite tax cuts and reforms, India Inc remains wary of investing at home amid concerns over political unpredictability, policy risks and lack of administrative certainty

Govt to continue with budgeted capex due to global uncertainties: Official

The government is committed to the budgeted Rs 12.22 lakh crore capital expenditure in the current fiscal despite the fiscal stress arising from the ongoing West Asia crisis, a senior official said on Friday. Expenditure Secretary V Vualnam said the upcoming few months, the next quarter and the year ahead would be very difficult to envisage with lots of possible stress points. " So the fiscal stress is indeed very much a reality, but at the same time the priority sectors... the CAPEX would really be a priority item which we would like to preserve and ensure that it continues at the budgeted level," Vualnam said at the ICPP Growth Conference organised by the Ashoka University. He said highways, railways, shipping, ports, and urban development sectors would be the focus areas for FY'27 capex. Stating that the current global uncertainties have thrown a "very challenging situation" for India, he said, the government has been proactive in trying to tackle each situation with agility. B

Q4 hit but private capital expenditure lifts FY26 investments 32%

While proposed investments from domestic private investors improved 40.7 per cent to ₹34.06 trillion, foreign investors' plans more than doubled, jumping 144.05 per cent to ₹6.91 trillion

State-wise gaps in SASCI fund utilisation widen as scheme expands: SBI

SBI report highlights widening gaps in SASCI fund utilisation across states, with uneven absorption and signs of substitution as the scheme expands in scale and complexity

States' capex growth to slow to 8-10% in FY27 amid fiscal squeeze: Report

States' capital expenditure growth is likely to slow down to 8-10 per cent in FY27 from 17 per cent in FY26, a report said on Monday. The moderation will primarily result from tighter fiscal headroom due to rising revenue expenditure commitments and a moderation in revenue growth, Careedge Ratings said. The domestic rating agency warned that the moderation may be accentuated by a geopolitical crisis in West Asia, explaining that the conflict's fallout could hit capital outlays by exerting pressure on both revenues and expenditures through its impact on energy prices. "With fiscal space becoming tighter due to rising revenue expenditure commitments and moderation in revenue growth, state capex growth is expected to moderate to around 8-10 per cent in FY27," the agency said. Its associate director Prasanna Krishnan said the revenue growth for states is expected to remain moderate through FY26 and FY27 on a tapering of grants from the Centre, with external headwinds further weighing o

States spend just 55% of annual capex target by February: CAG data

Twenty-two states spend just over half of their FY26 capex target by February, lagging behind the Centre, while revenue spending and tax collections show steadier progress

Odisha lags in spending despite record budget, capex remains a concern

Despite a record Rs 3.1 trillion budget, Odisha's spending remains uneven, with subdued capital expenditure and several departments lagging in fund utilisation

States spent only 51.8% of capex budget till January, shows data

States spent only 51.8 per cent of their combined FY26 capital expenditure budget during April-January, trailing the Centre's capex pace, according to CAG data

PM Modi moots 'reform partnership charter' with industry, lenders

At a post-Budget webinar, PM Modi calls for a reform partnership charter to formalise collaboration among government, industry, FIs and academia, and urges deeper reforms and investment

New GDP series: Eye on revised mfg maths amid capex push, says India Inc

Clearer view on manufacturing expected with new GDP series

Lower FY26 nominal GDP to raise India's fiscal deficit, debt ratios

Lower nominal GDP estimates have nudged up FY26 fiscal deficit and debt ratios, implying a steeper consolidation path even as new NSO GDP data revises sectoral weights

India's oil PSUs spent 81% of FY26 capital expenditure target until January

India's state-run oil companies have spent Rs 1.07 lakh crore - 81% of their FY26 capex target - by January, driven by aggressive investments in exploration, production and refinery expansion

Capex outlay in Budget to be force multiplier for Viksit Bharat: FM

Sitharaman said since the FY27 Budget was the first Budget in the second quarter of the 21st Century, there has been some investments which will have bearing on the long term