Capex Spending

Tata Power plans Rs 1.25 trillion investment between FY26 and FY30

Raises FY25 capital expenditure by 72% compared to FY24

Govt capital expenditure drags down growth in investment, shows NSO data

An investment share above 30 per cent is considered important for driving economic growth

Fiscal deficit likely to be at 4.75% in FY25; capex at Rs 62K cr: IndRa

The government will be able to register the fiscal deficit at 4.75 per cent in FY25, 0.19 per cent lower than the budget aim, by reigning in expenditure, domestic rating agency India Ratings and Research said on Wednesday. The revenue expenditure, excluding subsidies, will be 0.12 per cent of GDP, lower than the budget estimate, the rating agency added. Its chief economist and head of public finance Devendra Kumar Pant said the government capital expenditure will come out to be Rs 62,000 crore lower than the estimate of Rs 11.11 lakh crore. Pant was quick to add that the government capex will still be 10.6 per cent higher than the year-ago period. The government was initially envisaging a 17.6 per cent growth in the key number. Even as there is a dip in the government capital expenditure projected, the capex to GDP in FY25 at 3.21 per cent is estimated to be at a two-decade high, the agency said. "The FY25 capex growth has been impacted by the general elections in May 2024, and ca

Cooling solutions as a service hots up as Tata, Adani make the switch

In FY24, erstwhile Adani Transmission changed its name to Adani Energy Solutions (AESL) to reflect its focus on selling cooling solutions

Govt may relax quarterly spending limits to meet FY25 capex target

Analysts say the weaker spending is one of the reasons for a recent slowdown in India's high frequency economic indicators

States cut spending by 6%: Is public capex at risk of major slowdown?

Capital expenditures across 18 states declined by 6% year-on-year between April and August in FY25, totalling Rs 1.67 trillion, down from Rs 1.78 trillion during the same period the previous year

Focus has been on capex to build assets, create jobs: Rajasthan CM

He exuded confidence that the BJP will sweep the forthcoming seven Assembly bypolls in the state, overcoming the setback it suffered in the LS elections, where it could win only 14 of the 25 seats

Spending lag, capacity issues behind govt's capital expenditure push

The growth slowed to a five-quarter low of 6.7 per cent year-on-year (Y-o-Y) in the April-June quarter

Union Budget 2024: Capital expenditure support continues to be sustained

India under the present government added 3,000 kms of Dedicated Freight Corridor, substantial patch doubling, quadrupling and track renewals

Govt targets higher capex in upcoming Budget amid fiscal gains and optimism

The Union Budget is set to project higher capex, surpassing the Rs 11.1 trillion outlined in the Interim Budget, reflecting India's improved fiscal discipline and global investment prospects

Adani to invest Rs 1.3 trn in FY25 across portfolio companies, says CFO

The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation

Budget 2024: Capex momentum for developing highways likely to continue

Focus will be on the quality of work done and not just the length of highways built, say senior govt officials

FY25 fiscal deficit of 20 major states to be lower than budgeted: Axis Bank

The Finance Commission had allowed states to borrow up to 4-3.5 per cent of Gross State Domestic Product in FY22-23, with unused limits usable up to FY25

Lok Sabha poll results: Portfolio shuffle may see capex-to-defensive switch

The 200 Day Moving Average -- a benchmark for a healthy bull market is also close enough to that level. A drop below 21,000 could have long-term bearish consequences.

As order book grows, capital goods, engineering cos firm up capex plans

Nine of the large engineering and capital goods companies combined have a capex of roughly Rs 11,500 crore or more under way

Siemens profit surges 70%, to list energy biz into separate entity

Announces demerger of energy business into a separate listed entity, incremental capex of Rs 500 crore

Reviving disinvestment

This must be a top priority for the next govt

New private project announcements zoom ahead of Lok Sabha elections

Manufacturing sector accounted for nearly 60 per cent of new project value

Capacity expansion to drive margins for Jindal Steel & Power stock

JSPL projects a capex allocation ranging between Rs 7,500-10,000 crore annually for the next three-year period

India Inc's capex frontier: When will companies start spending big time?

The economy is growing and capital markets are buoyant. A look into why companies aren't spending enough