Binani said, "The neutral sector outlook is backed by an expectation of 10 per cent-12 per cent yoy revenue growth in FY25. Order inflows are likely to pick up in 2HFY25, led by supportive government budgets along with expectation of acceleration of private sector's capex. Margins are expect
Anuradha Basumatari, Director of Public Finance at Ind-Ra, emphasized the favorable conditions for capital expenditure, stating, "Containment of the revenue deficit provides greater fiscal flexibility to states, which is favorable to capital expenditure and is expected to continue in FY25
Investment rate in India is expected to accelerate to 36.2 per cent of GDP by 2026-27 from 32.2 per cent of GDP in 2022-23, according to Morgan Stanley.
According to a press release by the Ministry of Coal, through robust initiatives and strategic planning, MoC and its associated Public Sector Undertakings (PSUs) have made significant strides in capital expenditure (CAPEX), asset monetization, and procurement through Government e-Marketplace
State-owned companies operating in the coal sector have made capital expenditure spending worth Rs 20,153 crore as of January 2023-24, marking 95.83 per cent progress of the annual target.
Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at 'BBB-' with a Stable Outlook in January.
India's interim Budget presented last week pointed to a slightly faster pace of consolidation in the next two fiscal years than was previously expected, and it reinforced its commitments to raise capital investment, said Fitch Ratings.
New Delhi [India], February 3: Union Finance Minister Nirmala Sitharaman presented her sixth Budget on February 1. This was an interim budget ahead of the general elections later this year. The Interim Budget 2024 focused on youth and women empowerment, while maintaining fiscal consolidation
New Delhi [India], February 2: During the presentation of the interim budget for 2024-25, Finance Minister Nirmala Sitharaman unveiled significant announcements. It not only lays the foundation for housing policies but also propels India towards a future marked by robust infrastructure and e
"The budget is very reflective of inclusive growth. It is reflective of the confidence of the government that will come into the long-term budget. It believes in micro-economic fundamentals. It believes in bringing financial discipline, no populism, and ensuring capex expenditure. It believe