Page 3 - Capital Expenditure

India's 8% growth goal at risk as private capex lags: YES Securities

YES Securities warns India's growth relies too heavily on government spending as private capital expenditure falters despite record corporate cash holdings of ₹10.35 trillion

Revenue deficit, capital spends: Key takeaways from 15th finance commission

The 15th FC had recommended a sizeable Rs. 2.9 trillion as revenue deficit grants (RDG) to a select number of states for FY2022-FY2026

Uncertainties around tariffs may affect capex decisions this fiscal: Crisil

Despite the healthy corporate sheets supporting fresh investments, the imposition of the tariffs is likely to hit sentiments

Centre released ₹36,000 cr to states so far under special assistance scheme

The Centre has disbursed ₹36,027 crore to states and UTs under SASCI till August 11, with Uttar Pradesh receiving the highest share, followed by Bihar, Rajasthan and MP

India Inc sees capex, demand surge after Modi's Next-Gen GST overhaul plan

PM Modi's promise of a sweeping GST overhaul aims to lower tax rates, simplify compliance, and modernise the system, spurring growth in sectors like manufacturing, housing, and consumer goods

Govt lines up ₹47,000 crore capex plan to boost BSNL network: DoT

The government is ready with another Rs 47,000 crore capex plan to boost BSNL's network, the Department of Telecom said on social media platform X on Thursday. BSNL has spent Rs 25,000 crore in the last year for installing 1 lakh towers for 4G mobile services. "We have another close to Rs 47,000 crore capex plan in place for BSNL. Meanwhile, BSNL has done its highest-ever capex of Rs 25,000 crore during last year," the DoT said, quoting Union Telecom Minister Jyotiraditya Scindia. IT firm TCS and a C-DoT-led consortium had bagged the majority of the Rs 25,000 crore project for the supply of telecom gear to BSNL. Scindia has asked state-run telecom firm BSNL to add customers and grow its mobile service business by 50 per cent over the next year. During a review meeting with BSNL's circle and business unit heads last month, Scindia asked each unit to increase enterprise business by 25-30 per cent and fixed line business by a minimum of 15-20 per cent. The minister has asked BSNL to

Govt capex hits ₹2.75 trn in Q1FY26, but lags pre-election year levels

The net tax revenue of ₹5.4 trillion stood at 19 per cent of the BE in Q1FY26 compared to 21.3 per cent in Q1FY25, registering a contraction of 2 per cent year-on-year (Y-o-Y)

Alphabet hikes AI spending to $85 bn, sees strong Q2 sales growth

Alphabet shares rose as much as 4.1% after markets opened in New York on Thursday, their biggest intraday gain in two months

FinMin looks to widen infrastructure plans for capital expenditure push

Experts say that, given the higher capital spending by the Centre in April-May of FY26, there is room to raise the capex target beyond the budgeted ₹11.2 trillion

Manufacturing dominated new projects in Q1, share at 10-quarter high

The government has been driving much of the capital expenditure (capex) in recent years through its announced investments in roads, railways, and other infrastructure projects

Capex rises 54% in Apr-May FY26, RBI dividend lifts revenue: CGA data

Government capex rose 54 per cent in April-May FY26 as RBI dividend boosted non-tax revenue and kept the fiscal deficit at a 28-year low for the two-month period

Falling PSU disinvestment receipts as stark as higher govt capex for them

Disinvestment as a policy was launched in the early 1990s to bolster revenue and use the reduced government stake in PSUs to help enhance their autonomy

Nalco clarifies ₹30,000-cr smelter expansion plan on track, not deferred

Nalco denies media reports suggesting its ₹30,000-crore smelter capex has been deferred due to stalled talks with Rio Tinto; says project and partner discussions are ongoing

Govt has scope to increase capital expenditure this fiscal, says ICRA

Capital expenditure for April 2025 surged by 61 per cent year-on-year to ₹1.6 trillion

Datanomics: Govt betters fiscal deficit target despite lower tax receipts

The credit goes to higher GDP in nominal terms than considered by the Budget

Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25

Capital expenditure for FY 2024-2025 at Rs 10.5 trillion stood at 103.3 per cent of the revised estimate for the year, CGA data showed

Firms skipping PLI tend to be more capital-disciplined: Ather Energy CEO

Businesses not availing PLI scheme tend to be more "disciplined" in capital (allocation) besides more durable in pricing and margins, Ather Energy Co-founder and CEO Tarun Mehta said on Tuesday as the shares of his company started trading on stock exchanges after a Rs 2,981-crore public float. Mehta also sounded bullish on the domestic EV industry and said that Ather was set to play a major part in the domestic premium e-two-wheeler space with plans to expand both product offerings and distribution network. The Rs 2,981-crore initial share sale had a price band of Rs 304-321 apiece and shares listed with a premium of over 2 per cent against the issue price. The initial public offering (IPO) was a combination of a fresh issue of equity shares worth Rs 2,626 crore and an offer-for-sale of 1.1 crore equity shares by promoters and other shareholders. "I think not having PLI forces the business to be very disciplined with capital. PLI is not a 20-year scheme. It's another few years left.

EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion

India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base

Govt's FY25 capital expenditure may surpass RE of Rs 10.18 trillion

To meet the RE would require a 44 per cent year-on-year (Y-o-Y) increase in capex

'Laboured and tortuous': Chidambaram on Sitharaman's explanation on capex

Senior Congress leader P Chidambaram on Tuesday said Finance Minister Nirmala Sitharaman gave a "tortuous" explanation to his question about capital expenditure and asserted that the numbers "conclusively" proved that there was a "cut" in capex during 2024-25. Chidambaram said this in a statement late this evening while responding to the answers given by Sitharaman in the Rajya Sabha. The former finance minister said Sitharaman has given a "laboured and tortuous" explanation to a simple question on what was the budget estimate for capital expenditure in the 2024-25 budget and what is the estimate at the end of year. "There is a reduction (cut), and I asked in the Rajya Sabha what are the reasons for the cut? FM could have listed the reasons and it is for the people to decide whether the reasons are acceptable or not. "Instead, she has questioned the very comparison of BE and RE. I am astonished that the Hon'ble FM should say that comparison of BE and RE is 'flawed'. If BE and RE ar