Page 4 - Capital Expenditure

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

India Inc credit quality robust amid profit growth, low capital expenditure

Credit quality outlook positive amid global uncertainties

Centre's capex spending dropped 35% in February, shows CGA data

The pace of capital expenditure in the first half of the current financial year had suffered on account of elections and the model code of conduct

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

Private investment conundrum: Policy intervention to improve prospects

India's gross fixed capital formation at constant prices is expected to be at 33.4 per cent of GDP this financial year

Cantabil Retail eyes Rs 55 cr capex by FY26, to expand production capacity

Nigam shared details about the company's major project, set for completion by mid-September

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

Wire and cable market has room for another player, says UltraTech

The company added that cement remains its core business, while entry into wires and cables is an adjacencies play

Outlook positive for MSMEs in security services: CRISIL SME Tracker

Indeed, as margins shrink, the smaller players are exiting, leading to market consolidation

India Inc revenue to grow 7-8% in Q4 on demand revival, govt spend: ICRA

Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India. Nonetheless, certain sunrise sectors such as electronics, semiconductors and niche segments within the automotive space like electric vehicles (EVs) will continue to see a scale-up in investments, in line with various production-linked incentive programmes announced by the Government of India, it said. In a statement, ICRA said the recovery in the operating profit margins (OPM) for India Inc witnessed over the past quarter is likely to be sustained at 18.2-18.4 per cent, supported by an increase in demand, led by improved consumer sentiments. "Rural demand

Epigral targets 20% annual growth, more than double revenue by FY28

Specialty chemicals major Epigral Ltd aims to grow at an annual growth rate of 20 per cent and is poised to more than double its revenue by FY2028, a top company official said on Saturday. Sustained demand for derivative and specialty products as well as doubling of production capacity will act as key catalysts for the overall revenue growth, Epigral's Chairman and Managing Director, Maulik Patel said in a statement. The company's consolidated revenue for 2023-24 stood at Rs 1936 crore. Epigral reported a little over 37 per cent jump in consolidated revenue to Rs 1,934.31 crore in the first nine months of 2024-25 compared to Rs 1,409.55 crore in the year-ago period, according to exchange filings. Derivatives & specialty business contributed 54 per cent to the topline. As per a research report by Sunidhi, Epigral's revenue is expected to be over Rs 3,500 crore by FY27. Another research firm Emkay in its report states that it expects revenue to be Rs 3,800 crore by FY27 with an ...

WB Budget's focus on revenue over capex signals poll-year populism: Experts

The West Bengal government's budgetary proposals for a sharp increment in revenue expenditure coupled with a marginal rise in capital outlay for the 2025-26 fiscal look like one that has its eyes clearly set on the state elections due next year, experts said. The budget, tabled before the West Bengal assembly on Wednesday, proposed significant cash dole-outs under the revenue expenditure head, pegged at over Rs 30,000 crore higher in 2025-26 than the revised estimates of the current fiscal of 2024-25, but tendered an increase of less than Rs 12,000 crore under capital outlay for the same period. Revenue expenditures of an organisation are short-term expenses used to service its ongoing operational costs, including salaries of employees, overhead costs and financing welfare schemes, while capital expenditures (capex) are funds used for one-time creation of fixed assets that are expected to generate revenue over a longer period. Figures from the state budget revealed that the Bengal .

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

Seth explains the rationale and the Budget fine print

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

Infra stocks fall on 'modest' capital spending hike in Budget 2025

(Reuters) -Indian infrastructure stocks declined in a special trading session on Saturday, with sector bellwether Larsen & Toubro leading losses as investors were disappointed by the 'modest' hike in capital spending announced in the annual budget.

Budget 2025 Highlights: Here's the latest on capex, fiscal deficit and debt

India's Union Budget for FY26 has set total government expenditure at ₹50.65 trillion, marking an increase from ₹47.16 trillion in the revised estimates for 2024-25

India Inc investments set to rebound as Economic Survey signals recovery

The RBI's report on private investments highlighted that investment intentions increased to Rs 2.45 lakh crore for FY25, compared to Rs 1.6 lakh crore for FY24

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