Follow Us on Google News New Delhi, April 29 (IANS) Despite challenges like weak demand, geopolitical tensions, and high borrowing costs, about 30 per cent of firms in the private corporate sector planned to invest in upgradation in FY 2024–25, supporting the sharp increase in capital expenditure (capex) last fiscal, a government survey showed on … Read more
Follow Us on Google News New Delhi, April 6 (IANS) The government is poised to surpass its revised capital expenditure (capex) target of Rs 10.18 lakh crore for FY25 by a modest margin. According to an NDTV Profit report on Sunday, citing a top official, “The data received so far indicates that we are likely … Read more
Follow Us on Google News New Delhi, April 2 (IANS) The National Highways Authority of India (NHAI) has made remarkable progress in developing the country’s highway infrastructure, as it constructed 5,614 kms of national highways in FY25, surpassing its target of 5,150 kms, according to the Ministry of Road Transport and Highways data on Wednesday. … Read more
Follow Us on Google News New Delhi, March 25 (IANS) With a massive 31.5 per cent hike in total outlay, the Delhi government’s biggest-ever Budget presented on Tuesday by Chief Minister Rekha Gupta has doubled the state government’s capital expenditure (Capex) to Rs 28,000 crore. “This time a historic budget of Rs 1 lakh crore … Read more
JAMMU, MARCH 02: Commissioner Secretary Tourism, Yasha Mudgal, chaired a high level meeting at the Civil Secretariat to review the CAPEX Budget 2024-25 of Tourism Department, besides assessing the performance and functioning of Tourism Development Authorities (TDAs). The meeting focused on implementation of ongoing tourism projects, infrastructural enhancements and the operational efficiency of TDAs in … Read more
New Delhi, Feb 11 (IANS) Union Finance Minister Nirmala Sitharaman on Tuesday said the Indian economy will continue to be the world’s fastest-growing economy backed by the increase in the government’s capital expenditure in the Budget for 2025-26 and rising consumption levels, especially in the rural areas. In her reply to the Union Budget debate … Read more
New Delhi, Feb 11 (IANS) A capital expenditure (Capex) of Rs 5,700 crore and Rs 7,500 crore has been approved for SAIL for financial years 2024-25 and 2025-26 respectively, Minister of State for Steel Bhupathiraju Srinivasa Varma informed the Lok Sabha on Tuesday. The Capex includes expenditure against milestone payments for completed schemes, progress payment … Read more
Consolidated Financial Highlights; ACE achieved its highest-ever quarterly revenue and profits, reflecting strong growth momentum. The company’s total income increased by 16.6% year-on-year, while EBITDA margins expanded by 204 basis points to 18.24%. This margin expansion was driven by operating leverage, an improved product mix, and efficient cost-control measures. The Cranes, Material Handling, and Construction … Read more
New Delhi, Feb 3 (IANS) The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long‐term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while maintaining investment momentum with capital spending rising by 10 per cent to ₹11.2 lakh crore. This is a delicate … Read more
