Tag: Capital expenditure
Capex by big CPSEs, 4 key government entities surges 62% in March
New Delhi: Large central public sector enterprises (CPSEs) and four major government entities increased capital expenditure sharply in March amid the West Asia war, which…
Govt notifies Finance Act 2026 that changes tax provisions from April 1
New Delhi: The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals…
Union Budget 2026 gets Parliament nod; Finance Bill approved
The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the…
The financialisation of AI is just beginning| Business News
This year just five American tech giants are set to make $700bn-worth of capital expenditure, as investment in the data centres needed for artificial intelligence…
States urged to expedite capex proposals, use up funds before March 31
New Delhi: The department of expenditure is reaching out to states to fast-track pending proposals and clear eligible projects under the Special Assistance to States…
CPSEs, Railways, NHAI, DMRC maintain capex momentum, spending nears ₹6.7 Lakh crore
New Delhi: Capital expenditure by large central public sector enterprises (CPSEs) and four key government entities almost held steady this fiscal year, supplementing the broader…
Why Budget 2026 stayed away from ‘big-bang’ reforms? CEA answers
Union Budget 2026 steered clear of headline-grabbing announcements because major reforms are already underway and will continue outside the annual Budget framework, the government’s top…
Union Budget 2026: Fitch flags slower deficit consolidation, sees growth-neutral stance
Fitch Ratings said on Monday the Union Budget 2026-27 signals a deliberate slowdown in fiscal consolidation, with the government opting to preserve capital spending to…
Capital expenditure for FY27 raised by about 9% to ₹12.2 lakh crore| Business News
Union Finance Minister Nirmala Sitharaman on Sunday announced an increase of about 9 per cent in capital expenditure for the coming financial year, raising the…
Budget 2026: Buoyant revenues offer room to sustain govt capex, push fiscal consolidation, says ICICI Bank report
New Delhi: Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on…