Search For "expenditure"
Election months typically see less capex utilisation: Bank of Baroda repor
Updated : 1 year, 11 months ago IST
A capital expenditure, or capex, is used to set up long-term physical or fixed assets.
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India rubbishes Lancet report, says spending on healthcare is at all-time
Updated : 1 year, 11 months ago IST
After a Lancet report that asserted that the Indian government spends just 1.2 per cent of GDP on healthcare and noted that it was among the lowest among G20 countries, sources in the government said that spending is at an all-time high and out-of-pocket expenditure as a per cent of the t
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States to sustain capex focus with improved fiscal space: Ind-Ra report
Updated : 1 year, 11 months ago IST
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
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"Highly objectionable": CPI (M) after IT dept freezes party's account in K
Updated : 1 year, 11 months ago IST
In a statement issued, the CPI (M) clarified that its income-expenditure accounts are regularly submitted to both the Income Tax Department and the Election Commission annually, including those of the Thrissur District Committee.
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DCG Cables & Wires Limited IPO Opens on April 08, 2024
Updated : 1 year, 11 months ago IST
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
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Adani Airports investing in both physical and digita infra: CEO Arun Bansa
Updated : 1 year, 11 months ago IST
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.
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No hurry to cut interest rates, US Fed Chair indicates
Updated : 1 year, 11 months ago IST
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.
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CareEdge expects India's GDP to grow 7.6pc in current financial year 2023-
Updated : 1 year, 11 months ago IST
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.
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Centre's tax devolution to states up by Rs 2.25 lakh crore in FY24
Updated : 1 year, 11 months ago IST
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.
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Election Commission of India appoints three special observers for Andhra P
Updated : 1 year, 11 months ago IST
Retired IAS officer Ram Mohan Mishra has been appointed as the Special General Observer, Retired IPS officer Deepak Mishra has been appointed as the Special Police Observer, and Retired IRS officer Neena Nigam has been appointed as the Special Expenditure Observer.
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Investment rate in India poised to accelerate through 2026-27: Morgan Stan
Updated : 1 year, 11 months ago IST
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.
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Morgan Stanley raises India's GDP growth forecast to 6.8 per cent for FY25
Updated : 1 year, 11 months ago IST
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).
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