Search For "expenditure"
Eureka Conveyor Beltings Limited Received In-Principle Approval From BSE
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 6: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Eureka Conveyor Beltings Limited for IPO. The company is going public through an IPO to fund its capital expenditure need, working capital requirement and for general cor
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Government likely to prioritise Capex in FY26 with 16-20% allocation: JM F
Updated : 1 year, 2 months ago IST
The Union Government's fiscal strategy for financial year (FY) 2026 will prioritise capital expenditure (Capex), with a major allocation expected to range between 16-20 per cent, from its revised estimates of 90 per cent of FY25 Budgeted Estimates (BE) stated JM Financial in its latest re
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Government should continue capex focus and raise it by 10-12 pc in Februar
Updated : 1 year, 2 months ago IST
The government should increase capital expenditure (capex) by 10-12 per cent in the upcoming Union Budget 2025-26 to ensure that it maintains its focus on infrastructure development and instils confidence among stakeholders said a report by Jefferies.
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Himachal: Government plans to spend over Rs 1500 crore to revolutionise he
Updated : 1 year, 2 months ago IST
Chief Minister Sukhvinder Singh Sukhu said here on Monday that the State Government is going to revolutionize the healthcare sector with an estimated capital expenditure of Rs 1570 crore to be spent on the procurement of state-of-art medical equipment and machinery to benefit the people of t
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Public finance of GCC countries witnessed significant financial surplus in
Updated : 1 year, 2 months ago IST
The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improv
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Operating profit of Paint sector to drop by another 200 bps by FY26: CareE
Updated : 1 year, 2 months ago IST
The entry of new players has sparked a surge in capital expenditure and heightened competition within the sector. To counter competition and secure market share companies are expanding their capacities, growing dealer network, ramping up sales team and increasing ad spends. All these are pu
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Gender budgeting share in total expenditure rises to 6.8% from 4.5% in 201
Updated : 1 year, 2 months ago IST
India has completed 20 years of implementing gender budgeting policies, with the share of the gender budget in the total expenditure rising to 6.8 per cent in 2024 from 4.5 per cent in 2014, according to a report by the Reserve Bank of India (RBI).
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Government utilised 37.28 % of budgeted effective capex in H1FY25
Updated : 1 year, 2 months ago IST
The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released by the Ministry of Finance.
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Despite uproar and protests by opposition, parliament's winter session rem
Updated : 1 year, 2 months ago IST
The Appropriation (No. 3) Bill, 2024, another notable legislation, authorizes additional expenditure from the Consolidated Fund of India for the fiscal year 2024-25. As a Money Bill, it was passed by the Lok Sabha and deemed approved by the Rajya Sabha without amendments. This bill was intro
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Effective capital expenditure pegged at Rs 15.02 lakh crore, among highest
Updated : 1 year, 2 months ago IST
Replying to the debate in Lok Sabha on the supplementary demands for grants for 2024-25, Sitharaman noted that capital expenditure is critical for sustaining economic growth and that it plays a key role in creating multiplier effects throughout the economy
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Rs 16,000 crore capex required to meet public EV charging demand by 2030:
Updated : 1 year, 2 months ago IST
India would require capital expenditure to the tune of Rs 16,000 crore by 2030, to meet its public EV charging demand and to achieve the mission of over 30 per cent electrification, as per a report by industry body FICCI.
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Capital expenditures by CPSEs exceeding targets over last few years: Finan
Updated : 1 year, 2 months ago IST
The Department of Public Enterprises (DPE) has reported that capital expenditure (CAPEX) by Central Public Sector Enterprises (CPSEs) and other monitored organizations over the past few years has exceeded targets.
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