Tag: Capital expenditure
India’s economic pillars show ‘no fragility’, says Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman, on Monday, said India’s key economic indicators showed no signs of fragility, citing strong GST collections and a sound banking…
Capex key to India’s growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC event
The government will continue to rely on capital expenditure as a key driver of economic growth while maintaining a firm commitment to fiscal consolidation, Finance…
Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidies
New Delhi: Higher capital spending and subsidy outlays widened the Centre’s fiscal deficit in the first half of 2026-27 to ₹7.14 lakh crore, or 42.1%…
GST 2.0 set to amplify ease, unlock tax credit
New Delhi: India is eyeing a broad overhaul of the goods and services tax (GST) regime that could free up thousands of crores of accumulated…
Apr-July fiscal gap touches 26.8% of full-year target
New Delhi: The Centre’s fiscal deficit in April-July of FY27 was ₹4.55 lakh crore or 26.8% of the Budget Estimate for the full financial year,…
The new maths: AI’s big four, a $720 billion bill, and a future no one knows
The Wall Street is quite worried, and for the simple reason that Big AI are reporting significant increase in capital expenditure. There is finally a…
Adani Group targets 10 GW nuclear energy by 2035
Adani Group chairman Gautam Adani on Wednesday announced the group’s entry into nuclear energy, setting a target of 10 gigawatts capacity by 2035 as part…
ECB filings halve to USD 5.43 billion in March: RBI
Mumbai: Foreign borrowing filings by companies and lenders halved to USD 5.43 billion in March amid financial market volatilities following the West Asia conflict, the…
FY27 capex growth of states pegged at 8–10%: report
Mumbai: States’ capital expenditure growth is likely to slow down to 8-10 per cent in FY27 from 17 per cent in FY26, a report said…
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…