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Capex Spending In India

A key government objective is to bring the deficit down to 4.5% of GDP by 2025/26. Respondents were evenly split on whether it would succeed

Updated On: 06 Feb 2023 | 6:32 PM IST

Budget 2023: PAN cards will be used as a common identifier for all government schemes, the FM said in her Budget speech

Updated On: 01 Feb 2023 | 1:27 PM IST

Private capex at Rs 3.3 trillion recovers in first half FY 2023 vs Rs 2.6 trillion in first half of 2022

Updated On: 31 Jan 2023 | 11:10 PM IST

Budget 2023-24: The Centre is expected to peg the fiscal deficit target for FY24 below 6 per cent, and the capex is likely to jump 20-30 per cent

Updated On: 30 Jan 2023 | 10:04 AM IST

Here is the best of Business Standard's opinion pieces for today

Updated On: 18 Jan 2023 | 6:34 AM IST

Economists say many poll-bound states chose to focus on scheme and subsidy spending

Updated On: 17 Jan 2023 | 11:25 PM IST

Asian Paints on Thursday announced Rs 2,100 crore of phased investment to set up a new plant to produce vinyl acetate ethylene emulsion (VAE) and vinyl acetate monomer (VAM) in the country. The company also announced another Rs 550 crore of investment to set up a white cement plant in the UAE in partnership with two local firms there. The board has approved setting up of a manufacturing facility for VAE and VAM in the country. The company will invest around Rs 2,100 crore in the plant over the next three years, which includes the cost of land, the company informed the stock exchanges without giving other details like the location of the plant among others. The statement also said the plan is subject to entering into definitive agreements, including technology licence agreement from the US-based Kellogg Brown & Root, for manufacturing VAM and VAE and obtaining the necessary regulatory and other approvals. The proposed plant will have an installed capacity of 1 lakh tonne per annum .

Updated On: 20 Oct 2022 | 10:05 PM IST

Spending space available without pressure to their fiscal profile, says agency

Updated On: 14 Oct 2022 | 12:01 AM IST

Higher global borrowing costs are expected to affect growth prospects

Updated On: 03 Oct 2022 | 6:15 AM IST

Export duty imposed on certain steel products recently will not force steel makers to review their capital expenditure plans as top producers expect it to be a "short-term" move to stabilise inflation

Updated On: 07 Aug 2022 | 1:07 PM IST

The Budget is expected to push public capital expenditure (capex) and simultaneously create a conducive environment for private capex

Updated On: 29 Jan 2022 | 6:01 AM IST

Competition for investment & FOMO have pushed up valuations, he says

Updated On: 29 Jan 2022 | 1:37 AM IST

Private sector prefers to be in wait-and-watch to see sustainability of demand and how markets play out as tapering sets in with most central banks

Updated On: 01 Dec 2021 | 4:24 PM IST

However, low demand in the economy has been arresting fresh investments, and experts tracking India Inc have not seen any major announcement in this zone

Updated On: 09 Dec 2020 | 3:47 PM IST

A major concern for the finance department of the railways is the decline in internal resources

Updated On: 11 Jan 2020 | 11:47 PM IST

The country's investment climate during April-December period of this fiscal looks subdued with declining figures in announcement of new projects and the number of projects under execution.According to data by the Centre for Monitoring Indian Economy (CMIE), the value of investment in new projects during April-December was Rs 4.43 trillion, less than half of Rs 9.21 trillion in the comparable period of last fiscal. Moreover, the value of projects completed at Rs 2.83 trillion was down by 35.3 per cent from Rs 4.38 lakh crore in the year ago period.The valuation of dropped projects in the period under was 23 per cent higher at Rs 10.17 trillion compared with Rs 8.29 trillion.Credit growth in manufacturing sector was subdued till December. "The other sectors which could be linked with investment performed better like services and mortgages (within retail loans). There is however, no clear indication of such lending going for investment purposes", a report by CARE Ratings stated.The ...

Updated On: 21 Feb 2018 | 11:07 PM IST