Page 5 - Latest Updates on Capital Expenditure
Logistics firm TCI lines up Rs 250 cr capital expenditure for FY23
Logistics firm Transport Corporation of India is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal, a top company executive has said.
 "Logistics firm TCI lines up Rs 250 cr capital expenditure for FY23")
Pace of govt capital expenditure not robust enough, feel policymakers
The years FY21, FY22 and targets for FY23 have seen substantial jump in the Centre's capex outlay.
 "Pace of govt capital expenditure not robust enough, feel policymakers")
Renewable energy company Greenko plans to raise $500 mn to rejig debt
The actual fundraising is dependent on market sentiments amid an escalation of the Russia-Ukraine conflict, which had increased volatility
 "Renewable energy company Greenko plans to raise $500 mn to rejig debt")
Capital expenditure aid to states may be regular Budget feature
The amount is part of the Centre's Rs7.5 capex outlay for the next year.
 "Capital expenditure aid to states may be regular Budget feature")
Capex-funding plan for FY23 gets flak from some non-BJP ruled states
While Bengal, Kerala and TN hit out, Maharashtra welcomes Centre's move
 "Capex-funding plan for FY23 gets flak from some non-BJP ruled states")
Capital gains tax regime needs to be tweaked: Revenue secretary Tarun Bajaj
Revenue secy says rates and holding periods should be streamlined
 "Capital gains tax regime needs to be tweaked: Revenue secretary Tarun Bajaj")
FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year
Govt to shift part of CPSEs debt to itself as it infuses more equity
 "FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year")
Introduce another slab to tax the super-rich, says C Rangarajan
In a Q&A with ex-governor of RBI and Former chairman of Prime Minister's Economic Advisory Council C Rangarajan says that the Budget 2022-23 has erred on revenue projections on the lower side
 "Introduce another slab to tax the super-rich, says C Rangarajan")
Weak fiscal strength to remain key credit challenge for India: Moody's
Agency says it may be challenging for govt to push through material revenue reform given general elections that need to be held by mid-2024, as well as various state elections before then
 "Weak fiscal strength to remain key credit challenge for India: Moody's")
Budget impact: Capital expenditure-tilt positive for most sectors
Domestic-focussed sectors due to the government's push on infrastructure and indigenous manufacturing are the big winners in the Budget
 "Budget impact: Capital expenditure-tilt positive for most sectors")
Budget promises lift investors' sentiment; Sensex rises 695 points
Benchmarks rebound 4% in 3 days as Fed hike concerns ease, too
 "Budget promises lift investors' sentiment; Sensex rises 695 points")
Fiscal constraints
India needs to boost tax-to-GDP ratio
 "Fiscal constraints")
Budget 2022: Asset creation takes precedence over direct income enhancement
It continues to push its expenditure in infrastructure which would hopefully create further growth impulse and spur private sector to enhance its risk taking in response
 "Budget 2022: Asset creation takes precedence over direct income enhancement")
Private capex may start picking up by end of next fiscal, says India Inc
Govt's increased capex will benefit Indian companies, but with a lag
 "Private capex may start picking up by end of next fiscal, says India Inc")
A slightly higher deficit number will not be taken negatively by market
Reduction in surcharge (capped at 15 per cent) on long term capital gains - is positive from financial markets
 "A slightly higher deficit number will not be taken negatively by market")
LT, Siemens, UltraTech: 5 infra-related stocks to bet on post Budget
Infra related stocks can easily see a jump of 10 per cent in quick time
 "LT, Siemens, UltraTech: 5 infra-related stocks to bet on post Budget")
Budget 2022: Share of capital expenditure is the highest in 19 years
The last time such a large segment was allocated was in 2004-05
 "Budget 2022: Share of capital expenditure is the highest in 19 years")
Economic Survey 2021-22: Fiscal space may allow capital expenditure push
GDP projected to grow 8-8.5% in 2022-23; supply-side reforms to aid long-term expansion
 "Economic Survey 2021-22: Fiscal space may allow capital expenditure push")
Govt companies, departments way short of capital expenditure target
CPSEs met only 63% of spending target by December
 "Govt companies, departments way short of capital expenditure target")
Budget 2022 expectations: Fintech seek tax benefits, clarity on crypto
Budget 2022 expectations: Tax incentives to consumers and merchants, clarity on cryptocurrency and ease of doing business, here's what Fintech industry wants from finance minister Nirmala Sitharaman
 "Budget 2022 expectations: Fintech seek tax benefits, clarity on crypto")
