Page 7 - Capital Expenditure

Vi FPO rings in vigour for telecom sector, may reduce subscriber loss

But low capital expenditure and large debt weigh down Vi's revival prospects

Capex push by govt to propel GDP growth between 7.1-7.4% in FY25: NIPFP

However, the review by the NIPFP also listed compression in the government consumption expenditure and a subdued growth in private consumption as downward risks to the forecast

Election season may hit govt capital expenditure spending, FDI inflows

In case of FDI, the total FDI inflows was over $50 billion in FY20 and its share during the election months of April-May 2019 turned out to be 18.1 per cent

India Inc capital expenditure story gets cement to semiconductor push

The private capex momentum is being led by conglomerates such as Tatas, Reliance Industries and Adani group, among others

Engineering insurance premium doubles in 4 years on infrastructure push

Partly aided by premium rates that up by 10-15% since FY20

Road ministry capex utilisation in FY24 closes at record high 99.93%

As against the budgetary outlay of Rs 2.645 trillion in FY24, the road ministry has spent Rs 2.643 trillion. By including private investments, the capex goes up to Rs 3.01 trillion

AAI planning capex of Rs 30,000 cr in next five years: Jyotiraditya Scindia

AAI Chairman Sanjeev Kumar said the AAI's capex in 2023-24 stood at Rs 5,250 crore. It was a bit higher than the capex of 2022-23, which stood at Rs 5,175 crore

Bharti Airtel, State Bank of India, Zomato on Jefferies hotlist for 5 years

Amber Enterprises, specialising in ACs and components, expects earnings to grow over 36 per cent CAGR from FY24-30 due to the PLI scheme

India Inc pushes capital expenditure as capacity utilisation nears 75%

Reliance Industries is also investing in a battery giga factory in the new energy business vertical that will be ready by 2026 even as its capex in Reliance Jio in 5G rollout is almost over

Consumption survey: No definitive trend yet

The monthly per capita expenditure data points to shifts in consumption, but it should not be used for reconfiguring the Consumer Price Index

Govt on course to achieve small savings scheme collection target for FY24

The government's cash balance is not high too, as borrowings are complete, and it is carrying a modest cash balance to meet its commitments, government sources said

Private capex in India poised for take off: Mahindra Group CEO Shah

Private capex in India is poised to take off with the country's "amazingly strong" growth so far, led by government spending, set to attract investments, Mahindra Group CEO and Managing Director Anish Shah said on Monday. The current lower demand from rural markets is not a cause for worry as it is a part of India's growth story, although the country has witnessed a K-shaped recovery after the pandemic, said Shah while speaking at the News9 Global Summit. In the last few years, it has essentially been the government that's really driving the economic growth till this point of time, said Shah, who is also the President of industry body Ficci. On the reasons for lack of private investment, he said, "There are multiple factors. We have gone through a time when there are huge amounts of uncertainties around the world. Suddenly, when you feel things are back and stable again, something else happens. So, that has resulted in companies pulling back to some extent." However, he said, "If y

India's defence budget masks capital allocations to each service

The only way to estimate the capital allocation for each service is to calculate the allocations to each service over the preceding decade

GMDC approves capex of Rs 3,041 cr for FY25, targets Rs 800 cr this fiscal

State-owned Gujarat Mineral Development Corporation Ltd (GMDC) on Thursday said its board has approved a capital expenditure of Rs 3,041 crore for the next fiscal. The PSU had set a capex target of Rs 800 crore for the ongoing financial year. "GMDC is proud to announce the Board's approval of a Rs 3,041 crore capital outlay for the fiscal year 2025, reinforcing our commitment to substantial growth and sustainable development in the mineral sector," it said in a regulatory filing. With a strategic allocation of Rs 1,138 crore towards new lignite projects, this investment will catalyse the enhancement of its existing lignite projects while also promoting the development of new ventures. "GMDC dedicates Rs 629 crore to expedite the operationalisation of the allotted coal blocks in Odisha," it said. Recognising the role of critical minerals in the global economy, the company has set aside Rs 462 crore for the expansion and modernisation of its metal projects. "This initiative is ...

JSW Steel plans to borrow $750 mn loan to meet capital expenditure needs

JSW Steel Ltd., part of the $23 billion JSW Group, is sounding out lenders and a mandate is likely in the coming days, the people said, asking not to be identified as the information is private

India Inc must get its act together on capex: RBI's state of economy report

Unsecured loans rise despite higher risk weighting

Prospects bright for capital formation, upturn in pvt capital expenditure

The government also expects inflation to further reduce due to measures announced to rein in food prices

The NDA approach to PSUs

The Modi govt's equity contribution to public sector units has risen even as their capacity to generate resources has taken a hit

Qualitative improvement

Higher capex will improve growth prospects

NDA removed supply hitch, created infra: White Paper on Indian economy

Cites transparent allocation of public resources as a catalyst for public welfare