Search For "expenditure"
Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 3 months ago IST
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
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DBT through Public Financial Management System supports Digital India: Fin
Updated : 1 year, 3 months ago IST
As part of its FinMin Year Review 2024 initiative, the Finance Ministry in a social media post on X, stated that DBT through Public Financial Management System (PFMS) supports Digital India by enabling electronic payment and receipt for Ministries and Departments in both Centre and States.
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Private sector capex to intensify, catch up with robust government capex:
Updated : 1 year, 3 months ago IST
A capital expenditure, or capex, is used to set up long-term physical or fixed assets.
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"Delhi's citizens have no access to clean water but Kejriwal's bath costs
Updated : 1 year, 3 months ago IST
Speaking to ANI, Poonawalla said "On one hand, Delhi citizens are not even getting clean drinking water, on the other hand, Arvind Kejriwal's royal bath cost up to Rs 4 crore.... This is the same person who said that he would say in a two bedroom set house and does not want to opt for any VI
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Rapid infrastructure development driven by nodal authorities is fuelling t
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 9: India's urbanization is at a turning point, marked by a surge in rural-to-urban migration. This drives the expansion of existing urban nodes, towards areas along their peripheries. 40% of India's population, equivalent to 60 crore people, is expected
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India's fiscal deficit on track, but spending challenges persist, govt. ha
Updated : 1 year, 3 months ago IST
The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India.
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Central govt. capex to surge by 25 pc YoY in second half of FY25: Jefferie
Updated : 1 year, 3 months ago IST
The central government's expenditure is projected to grow by around 15 per cent year-on-year (YoY) in the second half of the financial year 2025, with capital expenditure (capex) surging by an impressive 25 per cent YoY, according to a report by Jefferies.
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SA20 season 2 scores big for Soth Africa's economy
Updated : 1 year, 3 months ago IST
SA20 season 2 made a significant contribution to South Africa's economy, generating a total economic impact of USD 238 million towards the GDP. An independent report has revealed key data across employment, contributions to GDP, and direct expenditure, with Season 2's impressive figure surpa
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Adani Group has adequate liquidity to meet debt and capex plans: CRISIL Ra
Updated : 1 year, 3 months ago IST
The Adani group has sufficient liquidity and operational cash flows to meet its debt obligations and planned capital expenditures in the medium term, according to an update on the financial situation of the Adani Group by the CRISIL Ratings.
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B.R.Goyal Infrastructure Limited Received In-Principle Approval From BSE
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], November 22: The Bombay Stock Exchange has approved the Draft Red Herring Prospectus of B.R.Goyal Infrastructure Limited for its upcoming Initial Public Offering .B.R.Goyal Infrastructure intends to pursue inorganic growth through acquisitions and other strategi
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Rs 1.98 crore seized from hotel in Nashik ahead of voting
Updated : 1 year, 3 months ago IST
Nashik District Magistrate Jalaj Sharma said "As per the information received so far, Rs 1.98 Crores have been seized from there. Expenditure Observer and team are taking further action..."
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Modest recovery in central capital expenditure in Q2FY25, states and corpo
Updated : 1 year, 4 months ago IST
Though state-level spending continued to decline, dropping by 3.8 per cent compared to last year, a few states, including Punjab, Assam, Karnataka, Maharashtra, and Rajasthan, showcased resilience by recording double-digit growth in Capex during the first half of the year, highlighting regio
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