Fresh capital was garnered by firms for debt payment, to fund capital expenditure for new projects, support inorganic growth like acquisitions, and also for marketing and R&D purposes, market experts said
Finance Minister Nirmala Sitharaman will be presenting her fifth Budget that may do a tightrope walk between staying fiscally prudent and meeting general public expectations of lower taxes and a wider social security net
The decision was taken at the bank's board meeting held on Monday
The government has identified 100 critical transport infrastructure projects for last- and first-mile connectivity for the ports, coal, steel, fertiliser, and food grains sectors, where it intends to ramp up investments
This will power the company’s growth which includes the production of value-added aluminium products among others
The slowdown was attributed to slowing global growth and tightening of monetary policies in the report by economists at UBS India
Budget 2023: For the ongoing financial year, capex target was set at Rs 7.5 lakh crore and included Rs 1 lakh crore as a capex-only, interest-free loan to states for 50 years
Coal India's capital expenditure was Rs 1,841 crore in April-June period of last financial year
Near-term challenges need to be managed carefully without sacrificing the hard-earned macroeconomic stability, the Monthly Economic Review said
The government has proposed to significantly step up the public investment by raising capital expenditure by 35.4 per cent to Rs 7.5 lakh crore or 2.9 per cent...
India, he said, has already taken a host of reforms in banking and other sectors and is now focussing on stepping up public investment.
"In FY22, NHAI constructed a total length of 4,325 km, which is higher than 4,218 km in FY21 and 3,979 km in FY20," it added.
Stating that the Capex growth in FY'22 came on the back of a strong base, Coal India (CIL) in a statement said the entire capital expenditure was met through...
The board approved Rs 18 crore rights issue in the ratio of 2 new equity shares for every 1 equity share held by eligible shareholders as on the record date.
Taking part in the general discussion on the budget in the Upper House, he said jobs are not created by doling out freebies, cash transfer or through income...
The report states that despite raising the capital expenditure, the budget fails to address the major issue of consumption—both private consumption and...
Private capital expenditure, and even consumption, has been muted over the years, a trend that goes back to pre-Covid days. Government expenditure may not be...
On Budget Day, the 30-share BSE index jumped 848.40 points or 1.46 per cent to settle at 58,862.57. During the day, it gained 1,018.03 points to 59,032.20.
The Aditya Birla Group company plans to increase the capacity of Birla White from the current 6.5 lakh tonnes per annum (LTPA) to 12.53 LTPA.
