Ministry of Finance posted on X, "The CPSE indices have outperformed the benchmark indices in the stock market during the past three years (07-10-21 to 07-1024)"
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India.
The central government's expenditure is projected to grow by around 15 per cent year-on-year (YoY) in the second half of the financial year 2025, with capital expenditure (capex) surging by an impressive 25 per cent YoY, according to a report by Jefferies.
The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
The Adani group has sufficient liquidity and operational cash flows to meet its debt obligations and planned capital expenditures in the medium term, according to an update on the financial situation of the Adani Group by the CRISIL Ratings.
Though state-level spending continued to decline, dropping by 3.8 per cent compared to last year, a few states, including Punjab, Assam, Karnataka, Maharashtra, and Rajasthan, showcased resilience by recording double-digit growth in Capex during the first half of the year, highlighting regio
Mumbai (Maharashtra) [India], November 13: STL (NSE: STLTECH), a leading optical and digital solutions company, proudly announced winning the strategically significant Jammu & Kashmir leg of the BharatNet III project, in consortium with Dilip Buildcon Limited. This project, valued at Rs
The total capital outlay of India's top 18 states is expected to grow 7-9 per cent on a yearly basis to Rs 7.2 lakh crore this financial year 2024-25, building on a high base from last year, according to Crisil Ratings.
In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure ratio is the lowest among all states, standing at just 6.2 per cent, highlighted a research report by National Stock Exchange.
The survey report also added that India's economic growth has remained resilient despite global challenges and uncertainties arising from global economic and geopolitical conditions.