Search For "capex"
PM Modi asks Industry to compete with the government in creating jobs and
Updated : 1 year, 7 months ago IST
Addressing the leaders of Indian Industry PM Narendra Modi highlighted the achievements of his government over the last ten years. Modi said India is currently the world's fastest-growing major economy and in the last ten years' the country's budget has increased three times to Rs 48 lakh
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Union Budget committed to maintain economic stability, foster growth throu
Updated : 1 year, 7 months ago IST
The India budget for the fiscal year 2024-25, presented on Tuesday, reflects a clear commitment to maintaining economic stability and fostering growth through substantial capital expenditure (capex) investments.
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India's post-election budget nicely balances fiscal deficit, capital expen
Updated : 1 year, 7 months ago IST
"We believe that it (fiscal deficit) should be achievable as the government's assumption of 10.5 per cent nominal GDP growth in 2024-25 is modestly below our current forecast. We think the government should also be able to achieve its goal of reducing the deficit below 4.5 per cent of GDP in
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Record allocation of Rs 2,62,200 crore as Capex for FY 2024-25 for Railway
Updated : 1 year, 7 months ago IST
Union Minister for Railways, Information and Broadcasting, electronic & IT, Ashwini Vaishnaw, said on Tuesday that the economy is much more resilient today and is on a stronger footing than in the past. The economy today is a combination of welfare, fiscal prudence, capital investment, a
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Stock market opens strong, anticipates increased capex and relaxation in t
Updated : 1 year, 7 months ago IST
The Sensex rose by 173.80 points, opening at 80,675.88, while the Nifty climbed 51.95 points, starting the day at 24,561.20. Out of the Nifty companies, 40 showed advances, while 9 registered declines.
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Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 7 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
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India may boost FY25 capex by 8-10 pc amid surging revenues and record RBI
Updated : 1 year, 8 months ago IST
This fiscal boost comes as India reaches a historic financial milestone. The total market capitalization of all stocks listed on the Bombay Stock Exchange (BSE) briefly surpassed USD 5 trillion for the first time, placing India among global giants such as the US, China, Japan, and Hong Kong.
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Capex and incentives will lead Capital goods sector surge by 9-11 pc in FY
Updated : 1 year, 8 months ago IST
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained double-digit revenue growth amidst robust government and private sector spending.
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Jefferies bullish on Adani as group eyes USD 100bn capex over next decade
Updated : 1 year, 8 months ago IST
At an investors' meeting, the Adani Group management outlined a strong FY24 operating performance -- a 27 per cent compound annual growth rate (CAGR) for five years -- and a significantly improved leverage profile across businesses.
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Industry suggests FM to increase Capex, restructure GST slabs and give rel
Updated : 1 year, 8 months ago IST
During the meeting, industry representatives demanded the restructuring of GST tax, lowering of tax, and increased capital expenditure.
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BJPs narrow majority shifts focus to rural spending and increased private
Updated : 1 year, 9 months ago IST
The Bernstein report anticipates an increased emphasis on direct social schemes to address voter concerns, especially in rural areas where the BJP experienced significant losses.
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Government's thrust on capex, fiscal consolidation paint bright picture fo
Updated : 1 year, 9 months ago IST
he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.
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