Search For "capital expenditure"
Cement makers line up Rs 1.25 lakh crore capital expenditure over fiscals
Updated : 1 year, 6 months ago IST
Indian cement makers are expected to undertake capital expenditure worth Rs 125,000 crore during financial years 2025-2027, driven by healthy demand outlook and quest for attracting market share, asserted Crisil Ratings.
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Monthly economic review of July affirms real GDP growth at 6.5-7.0 per cen
Updated : 1 year, 6 months ago IST
GST collections in the initial months of FY25 have seen a notable surge, driven by a broader tax base and heightened economic activity. This level shift in GST collections reflects sustained economic engagement, bolstered further by a double-digit increase in e-way bill generation, indicatin
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India's corporate credit quality is getting stronger: S&P Global
Updated : 1 year, 7 months ago IST
S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, marking a substantial shift after three years of net positive rating actions. The report indicates that corporate India has built greater headroom against downside risks, reflecting a more st
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Li Energy: Powering the Future of Lithium ion Battery Energy Storage and E
Updated : 1 year, 7 months ago IST
New Delhi [India], August 12: In the bustling city of Chennai, a visionary entrepreneur, Sharanraj, has embarked on an ambitious journey to revolutionize the energy storage and electric vehicle (EV) industry. His venture, Li Energy, stands at the forefront of innovation with a robust core
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Steady increase in private gross fixed capital formation over last five ye
Updated : 1 year, 7 months ago IST
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).
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Ambuja Cements announces Rs 1600 cr investment to set up 6 MTPA cement gri
Updated : 1 year, 7 months ago IST
The project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1100 crore targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a much lower capita
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April-June 2024 figures suggest fiscal deficit at Rs 1.4 tn Vs Rs 4.5 tn (
Updated : 1 year, 7 months ago IST
India's fiscal deficit reduced to Rs 1.4 trillion during April-June 2024, down from Rs 4.5 trillion reported in the same period last year, according to a report by Anand Rathi Equity, a financial services company.
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"India's fiscal prudence a role model for the World": PM Modi
Updated : 1 year, 7 months ago IST
Prime Minister Narendra Modi called India's fiscal prudence during the pandemic, a role model for the world during his inaugural address of 'Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference' organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New
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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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Bulkcorp International IPO Opens on 30th July, 2024
Updated : 1 year, 7 months ago IST
New Delhi [India], July 29: Incorporated in 2009, Bulkcorp International is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and BRC certified Company, which is engaged in manufacturing and supply of Food Grade Flexible Intermediate Bulk Container ("FIBC") bags. The manufacturing unit of th
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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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