capex - Wander City

Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’; says ‘we have to have capital expenditure grow’ – Times of India

alishpagda08@gmail.com23 hours ago04 mins

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority. She also underlined that the government will continue to rely on increased public capital expenditure as a major tool to drive development.Speaking at a book…

Indian companies may double capex to $850 billion in next five years – Times of India

alishpagda08@gmail.com2 months ago02 mins

MUMBAI: India’s corporate sector is gearing up for its largest capital expenditure cycle in over a decade, with companies poised to nearly double their investments over the next five years, according to S&P Global Ratings. The rating agency estimates total capex could reach $800 billion to $850 billion, mostly funded through operating cash flows and…

Oil India Q4 net profit drops 21% on lower crude prices; FY25 sees record output and higher capex – Times of India

alishpagda08@gmail.com2 months ago02 mins

State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors behind the drop.The company posted a net profit of Rs 1,591.48 crore in the fourth quarter of 2024–25, down from Rs 2,028.83…

Capex at small private airports to surge 50–60% annually over next 3 years: Crisil – Times of India

alishpagda08@gmail.com3 months ago06 mins

Capital expenditure (capex) at small private airports in India is expected to increase by 50–60 per cent annually over the next three years, driven by capacity expansion amid rising terminal utilisation levels, ratings agency Crisil said on Monday.In contrast, capex at large private airports is projected to decline over the same period, as most of…

India’s economy set for Q4FY25 boost with increased government spending and capex: UBI report – The Times of India

alishpagda08@gmail.com5 months ago04 mins

NEW DELHI: India’s economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India.The report added that the Reserve Bank of India (RBI) has…

Union Budget 2025: Rs 11 lakh crore capex target with a 10% thrust – The Times of India

alishpagda08@gmail.com6 months ago03 mins

Continuing its thrust on capital expenditure (capex) to create assets, the govt has allocated Rs 11.2 lakh crore for 2025-26, an increase of 10% than the revised estimate of the current financial year. The Budget also focusses on attracting more private investment in infrastructure by taking up projects on public-private partnership (PPP) mode.Going by budget…

Budget 2025 Live Updates: Income tax relief, record capex for railways, roads coming? FM Nirmala Sitharaman to present Union Budget today – The Times of India

alishpagda08@gmail.com6 months ago04 mins

FM Nirmala Sitharaman will present the Union Budget 2025 as part of Parliament’s Budget session which began on January 31, 2025. The first phase of the Budget session will end on February 13, 2025. Sitharaman’s Budget 2025 speech is eagerly awaited by the middle class, common man, women and salaried taxpayers in hopes of changes…

20% capex increase key to ensure sustainable GDP growth, says EY report – The Times of India

alishpagda08@gmail.com6 months ago04 mins

The upcoming Union Budget 2025 is expected to announce a 20 per cent rise in the country’s capital expenditure, according to a report by global accounting agency EY. The hike in capex spending would target fueling economic activity, put more disposable income in people’s hands and land the fiscal deficit at 4.4 per cent of…

Budget 2025 Expectations Live Updates: Income tax slabs to be revised? FM Sitharaman may push consumption growth, record capex – The Times of India

alishpagda08@gmail.com6 months ago03 mins

Budget 2025 Income Tax Expectations Live: Will the government sunset the old tax regime? “The new tax regime was introduced as an optional tax regime from FY 2020-21 onwards. While the new tax regime disallowed popular exemptions deductions like Section 80C related investments, medical insurance premium, house rent allowance etc. it offered a lower rate…

Budget 2025 Expectations Live Updates: FM Sitharaman to bring income tax cheer for salaried taxpayers? GDP growth, record capex in focus – The Times of India

alishpagda08@gmail.com6 months ago02 mins

Budget 2025 Expectations Live: Hope for significant investments in large-scale infrastructure projects “The industrial explosives sector is a cornerstone for India’s mining and infrastructure ambitions. As we look to the Union Budget 2025, we hope for significant investments in large-scale infrastructure projects, especially in sectors like railways, highways, and mining, which directly drive demand for…