Search For "capex"
"Judicious and visionary..." Former CEA KV Subramaniam on interim budget
Updated : 2 years, 1 month ago IST
"...Overall, that is how I would assess it - judicious on the fiscal front, non-populace because it is more of the same and visionary because many other steps on innovation and CapEx etc." said KV Subramanian - Executive Director of the IMF and former Chief Economic Advisor to the Government
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"Fiscal restraint with welfarism and growth..." CEO, National Stock Excha
Updated : 2 years, 1 month ago IST
"The Interim Budget has stuck to the winning formula that I think the current government has figured out - fiscal restraint with welfarism and growth...So, overall it is a 10/10 budget. It is just an interim budget, the actual budget will be presented after the election but they want to sti
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Budget 2024: No change in taxation proposed
Updated : 2 years, 1 month ago IST
As expected and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in the interim Budget for 2024-25 tabled by Union Finance Minister Nirmala Sitharaman.
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CII president R Dinesh welcomes government's push for infrastructure, CapE
Updated : 2 years, 1 month ago IST
"The immediate reaction would be the consolidation of the fiscal deficit. Our recommendation initially was a 5.4% fiscal deficit, but it's now 5.1%, which is a very significant step forward, but at the same time, does not sacrifice the focus on growth. So the capex spend has increased by
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Budget 2024: Fiscal deficit target pegged at 5.1%
Updated : 2 years, 1 month ago IST
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).
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Budget 2024: Sitharaman proposes to raise capital expenditure by 11.1% to
Updated : 2 years, 1 month ago IST
The government proposes to increase capital expenditure outlay by 11.1 per cent to Rs 11.11 lakh crore in 2024-25, Union Finance Minister Nirmala Sitharaman said on Wednesday as she rose to present the interim Budget, ahead of the General elections.
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"Focus on capex, infrastructure..." CII President on interim budget
Updated : 2 years, 1 month ago IST
"We are asking for continuity. We are asking for the focus on CapEx and the infrastructure, which has happened very well in the past, to continue. We are recommending a 20% increase in CapEx spending, with Rs 12 lakh crore to be spent on infrastructure. We are also looking at giving direc
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Indian Railways sets record with highest-ever Capex utilization in 9 month
Updated : 2 years, 1 month ago IST
As per the official data provided by the Ministry, the Railways has demonstrated its commitment to infrastructural development and passenger safety by investing a substantial sum of Rs. 1,95,929.97 Crores, which accounts for approximately 75% of the total Capex budget of Rs. 2.62 lakh crores
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Cabinet greenlights Rs 8,500 crore scheme to propel coal, lignite gasifica
Updated : 2 years, 1 month ago IST
According to a cabinet press release, financial assistance of Rs 8,500 crore will be allocated for coal gasification projects, distributed across three categories.
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Within Asia, India offers compelling opportunity to investors: Morgan Stan
Updated : 2 years, 1 month ago IST
India remained the best domestic demand alpha opportunity in Asia, with investors mostly constructive. Investors are particularly focused on the sustainability of growth as higher compound annual growth will be needed to justify the valuations and new investments, said Morgan Stanley in a re
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Central public sector enterprises achieved 50% capex spending in first hal
Updated : 2 years, 2 months ago IST
For the entire financial year ending March 2024, capital expenditure by central public sector enterprises is pegged at 7.33 lakh crore.
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DPIIT collaborates with World Bank to elevate India's logistics efficiency
Updated : 2 years, 3 months ago IST
According to a press release by the Ministry of Commerce and Industry, chaired by Special Secretary (Logistics) Sumita Dawra, the gathering showcased a spectrum of ongoing initiatives and forthcoming reforms designed to elevate India's Logistics Efficiency.
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