The central government will have to increase the speed of spending capital expenditure by 41 per cent in the remaining months of this fiscal year to meet the capital expenditure growth targets.
Finance Minister Nirmala Sitharaman has urged the Ministry of Housing and Urban Affairs (MoHUA) to ensure that the capital expenditure (Capex) target for the financial year 2024-25 is met within the stipulated timeframe.
India's power generation and transmission sectors are poised for substantial growth, as the country enters a phase of capex-driven GDP growth, the power intensity should rise, said Jefferies in its report issued later this week in September.
The government's capex has seen a threefold increase over the past five years, but this growth may be reaching its peak.
As the government steps back, the private corporate sector is set to take the lead. With strong corporate balance sheets and direct government incentives, companies are ra
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to GDP is picking up, a trend reminiscent of the pre-pandemic era.
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs 1.41 lakh crore as compared to Rs 1.54 lakh crore in the corresponding period last year, as per a report by Anand Rathi, a financial services comp
Speaking at the inauguration of the three-day International Pharma and Healthcare Exhibition (IPHEX 2024) organized by the Pharma Export Promotion Council of India (CAPEXIL) and the Ministry of Commerce and Industry in Greater Noida, Uttar Pradesh, Prasada called on the Indian pharmaceuti
The increase in government capital expenditure and private sector investments has catalysed India's infrastructure overhaul.
India's infrastructure development has seen unprecedented progress over the past decade, driven by substantial capital spending from both government and private sector
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban areas largely due to increased government spending in the recent quarters, highlighted a report by Anand Rathi, a financial service company.
The minister's response provided a comprehensive overview of private capital expenditure (capex), corporate bond issuances, bank credit flows, and gross fixed capital formation (GFCF).