The Adani Group company attributed this strong performance to improved key performance indicator (KPIs) -- like volumes, efficiencies, cost, and capital expenditure.
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
Mumbai (Maharashtra) [India], April 4: DCG Cables & Wires Limited, a manufacturer of copper cables and wires, has announced its plan to go public with an Initial Public Offering on April 08, 2024. The company is aiming to raise Rs 49.99 Crores through this IPO, with shares set to be l
Arun Bansal, CEO of Adani Airports Holding, said on Monday that it is investing in both physical and digital infrastructure to enhance passengers' experiences and is committing significant capital expenditure.
According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public capital expenditure.
A total amounting to Rs 10.3 lakh crore has been transferred to state governments as devolution of share of taxes by central government, which is Rs 2.25 lakh crore higher than it had done the previous year, the Ministry of Finance said in a release on Thursday.
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 Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectation that growth will track around 7 per cent in the fourth quarter of the financial year 2023-24 (QE Mar-24).
RIL has allocated substantial capital towards enhancing scale, integration, and cost competitiveness in its oil-to-chemical businesses, investing approximately USD 30 billion between FY13 and FY18.
The Indian stock market outlook continues to remain positive given the strength of corporate balance sheets and the healthy rise in capital expenditure, according to Motilal Oswal Private Wealth.
State-owned companies operating in the coal sector have made capital expenditure spending worth Rs 22,448 crore as of February of 2023-24, overshooting the target of Rs 21,030 crore.