Page 21 - Capital Expenditure

Centre not cutting flagship schemes but won't take over states' burden

Official says some savings are expected as the Centre will make cuts wherever there is low-priority expenditure

Hit by Covid-19 lockdown, Grasim puts capital expenditure for FY21 on hold

Top company executives said the firm had earlier planned to invest about Rs 3,880 crore in the present financial year.

Coronavirus lockdown: Govt may extend window to reconcile expense receipts

It will also impact how soon the finance ministry can come out with its borrowing calendar for the first half of 2020-21, a decision that is of enormous significance for the markets

NTPC raises Asia's largest Japanese yen loan of $750 million

The proceeds from the latest JPY loan would be used in to fund capital expenditure for installation of FGD systems at its existing units

Economists prefer capex route to boost demand amid economic slowdown

Though MGNREGA and PM-Kisan have clear rural focus, they think excess public spending should only be on capex

New projects surge in December quarter; up 37% at Rs 4.26 trillion

The rise in new projects is despite a fall in capacity utilisation

NTPC inks Rs 5,000 crore term-loan pact with SBI for capex spending

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure of 15 years

Day after GDP data, PM defends govt's record and hints at more measures

Finance Minister Nirmala Sitharaman also joined in and defended the Centre's economic record in the last six months

Rising fiscal fears

A comprehensive review is needed

Vodafone Idea needs fresh round of equity infusion by 2021, say lenders

All telecom firms to remain under stress despite tariff hike

FM Sitharaman asks departments to prepare capex plans for next 4 quarters

Most infra ministries have reached 50% of FY20 capex target

Tax windfall: India Inc to increase capex spending, retire high-cost loans

Among the profit-making companies which would gain the most in absolute terms are RIL, Oil and Natural Gas Corporation, and Indian Oil Corporation

Hero MotoCorp might see reduction in earlier-projected capex of Rs 1,500 cr

There is also the anticipation of better participation from the rural markets in third and fourth quarters owing to good monsoon

Should the govt borrow to fund capex?

From lenders or purely fund raising point of view, money could more safely be deployed with the government entities like the NHAI and the IRFC than with private companies

Finance ministry asks departments, PSUs to expedite capital expenditure

These capex reviews come just a day after Finance Minister Nirmala Sitharaman met representatives of the infrastructure sector

Tight-fisted Budget leads to capex squeeze, and it's not surprising anymore

The share of capital expenditure has shown a declining trend over the last twenty years

Tight-fisted Budget leads to capex squeeze, and it's not surprising anymore

The share of capital expenditure has shown a declining trend over the last twenty years

Election impact: New projects down 85% YoY in June on Capex slowdown

CMIE data puts value of new projects at Rs 43,000 cr, compared with Rs 3.45 trillion a year ago; completed projects down 60% to Rs 53,000 cr from Rs 1.33 trillion in June 2018

Falling corporate capital expenditure, slowing rural sales worry CEOs

Another worrying sign for India Inc is the lack of new jobs in the formal sector

Tax rates can be progressively brought down, writes SBI chief Rajnish Kumar

Fresh capital expenditure is still some time away; as investment will happen when demand picks up, reduction of rates will free up income for discretionary consumption