As the U.S. election date approaches, investors worldwide are closely monitoring the outcome of the vote in the world's oldest democracy. The results could also impact India's economy, particularly if the leadership changes its approach to economic policies affecting the country.
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.
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.
The power sector in India holds investment opportunities estimated upwards of Rs 40 trillion over the next decade, brokerage Motilal Oswal asserted in a report.
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.
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.
Finance Minister Nirmala Sitharaman chaired a review meeting on the Budgeted capital expenditure for the Ministry of Road, Transport and Highways and the Department of Telecom, Ministry of Communication, in New Delhi, on Tuesday.
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
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
Ahmedabad (Gujarat) [India], August 27: Ahmedabad based Aeron Composite Ltd, leading company engaged in manufacturing and supply of fibre glass reinforced polymer products is planning to raise up to Rs. 56.10 crore from its SME public issue. The company has received approval to launch its pu