Stay updated with the latest capital-expenditure news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on capital-expenditure topics.
Srinagar, Sept 25: Chief Secretary, Atal Dulloo, on Thursday chaired a high-level meeting to assess the performance of various departments regarding the utilisation of the annual budget and revenue realisation in Jammu and Kashmir. The meeting was attended by Principal Secretary, Finance Department, Santosh D. Vaidya; all Administrative Secretaries; Director General, Resources; Director General, Accounts & Treasuries; Director General, Budget; and other senior officials. During the review, the ...Read More >
Mumbai, Sep 15The Reserve Bank of India (RBI) expected to ease rates by 25 bps in Q4 CY25, owing to anticipated growth weakness from declining export orders and slower government spending, a report has said. Strong cereal production, well stocked granaries, lower oil prices and cheaper exports from China are likely to keep inflation lower for longer, HSBC Global Research said in the report. The broking firm said that average inflation for the current quarter at 1.8 per cent, lower than the RBI ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) The Association of Indian Medical Device Industry (AiMeD) on Saturday welcomed the timely directions issued by the Department of Pharmaceuticals (DoP), National Pharmaceutical Pricing Authority (NPPA) and the Central Drugs Standard Control Organisation (CDSCO) to ensure smooth implementation of the revised GST rates on drugs, formulations, and medical devices, effective from September 22. The Office Memorandum issued by DoP-NPPA on Friday clarified that while ...Read More >
New Delhi: India is preparing fiscal incentives to encourage domestic production of rare-earth magnets, heavy industries minister HD Kumaraswamy said Friday. In a video address at the 65th annual session of Automotive Component Manufacturers Association (ACMA), Kumaraswamy said his ministry is actively tackling vulnerabilities in critical raw materials. "Rare earth magnets are central to electric vehicle (EV) motors and currently dominated by Chinese supply, we are preparing fiscal incentives ...Read More >
PNN Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise 1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025. The company's decision to go public underscores its amb ...Read More >
Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025. Also Read | 'Wednesday' Season 2 Part 2: Jenna Ortega's Wed ...Read More >
PNNJamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025.The company's decision to go public underscores its ambiti ...Read More >
Investing.com -- Morgan Stanley said investors may be underestimating the strength of India's growth cycle, saying that the country's earnings and equity market peak lie ahead and that structural shifts will support higher valuations. Population growth, policy-driven macro stability, better infrastructure, a rising entrepreneurial class and improving social outcomes are long-term drivers that could help India increase its share of global output in the coming decades. That trajectory implies In ...Read More >
NEW DELHI: Finnish telecom gear maker Nokia has won an IP edge and transport network modernisation deal from Vortex Group for three states: Maharashtra, Goa, and Gujarat. "The refreshed IP aggregation and edge networks will support increased broadband speeds and enable Vortex to expand services to underserved areas," the companies said in a joint statement on Monday. The deployment of Nokia solutions will enable more than 150 smaller internet service providers (ISPs) connected to Vortex's netw ...Read More >
The Adani Group has significantly increased its reliance on Indian lenders, with domestic banks and financial institutions now responsible for half of its staggering debt, which exceeds Rs 2.6 lakh crore, The Times of India reported on August 25. This marks a notable rise from 40% just a year ago, as the conglomerate navigates a changing financial landscape characterised by lower local funding costs and improved credit ratings, ToI's report (by Mayur Shetty) said. In the twelve months leading u ...Read More >
Crisil Ratings anticipates a 9-11% revenue increase for diversified EPC companies this fiscal year, fueled by infrastructure capital expenditure growth and efficient project execution. The study, encompassing 15 firms with a combined revenue of ₹3.15 lakh crore, highlights the sector's reliance on government and private capex. Diversified engineering, procurement and construction (EPC) companies are likely to witness a modest rise of 9-11 per cent in revenue in the current financial year, acco ...Read More >
MUMBAI: A week after its larger peer S&P upgraded the country's ratings to BBB with stable outlook -- after holding a BBB- rating for 18 years, Fitch Ratings has chosen to remain in status quo to affirm the BBB- ratings with stable outlook, despite citing the robust growth and solid external finances of the country. The agency on Monday also said demand growth is seen solid, aided by government capex and private consumption and projected a robust 6.5% growth for FY26 on the back of the GST and ...Read More >
BENGALURU: Comptroller and Auditor General (CAG) of India has cautioned that the five guarantee schemes launched by the Siddaramaiah-led Congress govt are exerting considerable strain on Karnataka's finances, wiping out the fiscal recovery achieved after the Covid-19 years and eating into capital spending.In its report on state finances for 2023-24, CAG observed: "Implementation of the five guarantee schemes without rationalising existing subsidies/financial assistance or the benefits would plac ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompani ...Read More >
Bengaluru, Aug 19 (PTI) The five guarantee schemes implemented by the Karnataka government accounted for 15 per cent of its revenue expenditure for the fiscal year 2023-24, said the CAG report, which was tabled in the Assembly on Tuesday. The Congress government implemented the five pre-poll guarantees after it came to power in May 2023. The five guarantee schemes are 'Gruha Jyothi' offering 200 units electricity free to every household, 'Gruha Lakshmi' scheme promising Rs 2,000 to every woman ...Read More >
NEW DELHI, Aug 18: India's telecom sector is set for strong financial performance as the operating profit (Ebidtar) is expected to climb 12-14 per cent and reach about Rs 1.55 lakh crore in FY26 as per Crisil Ratings. Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent (or restructuring), or EBIDTAR is a financial metric used to assess a company's operating performance. The expected optimistic performance of the Indian telecom sector is driven by surging data consumption and ...Read More >
New Delhi, Aug 18 (PTI) Amid concerns about the revenue impact of the Centre's pro-middle-class 'Next Gen GST' with a proposed two-slab structure, government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption. Under the current Goods and Services Tax (GST) framework, revenues are shared equally between the Centre and the states. Additionally, 41 per cent of the Cent ...Read More >
New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about Rs 1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benef ...Read More >
New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about ₹1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benefit ...Read More >
Mumbai, August 14: Vodafone Idea's losses grew in the June 2025 quarter (Q1 FY26) as the telecom operator reported a net loss of Rs 6,608 crore, compared to Rs 6,432 crore in the same period previous fiscal (Q1 FY25). However, the company's revenue from operations rose 5 per cent to Rs 11,023 crore, up from Rs 10,508 crore in the year-ago quarter, according to its stock exchange filing. The company's average revenue per user (ARPU) increased to Rs 177 during the quarter, compared to Rs 154 in Q ...Read More >
Solar photo-voltaic company Vikram Solar has fixed a price band of Rs 315-322 for its upcoming initial public offering (IPO), which will open for bidding next week, on August 19. The issue comprises a fresh component aggregating up to Rs 1,500 crore and an offer for sale component, which will include the selling shareholders offloading 17,450,882 shares in the company. At the upper range of the price band, the selling shareholders' portion aggregates to Rs 579.36 crore, taking the total IPO si ...Read More >
BHUBANESWAR: Even as the Centre has approved two big-ticket chip plants worth Rs 4,009 crore for Odisha, the state government has upped its game and decided to offer special incentives and additional infrastructure support up to Rs 600 crore for setting up semiconductor parks. As per the recently amended Semiconductor Manufacturing and Fabless Policy, investors intending to set up a semiconductor industrial park in the state through world-class developers will get a subsidy of 25 per cent (pc) ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
DEHRADUN: Uttarakhand cabinet on Wednesday gave its nod to a strict Uttarakhand Freedom of Religion (Amendment) Bill, 2025, which provides for a maximum punishment of life imprisonment and fine of up to Rs 10 lakh for "forced conversion". The govt is likely to table the bill in the House, where they have a strong majority, for approval during the three-day monsoon session of assembly commencing on Aug 19.At present, the maximum jail term for such an offence is 10 years and the highest fine is Rs ...Read More >
New Delhi: India's states are racing to seize the electric vehicle (EV) manufacturing wheel, offering lucrative clean-energy policies as the Centre eases off the accelerator. From Maharashtra and Tamil Nadu to Karnataka and Andhra Pradesh, top manufacturing states have put in place new EV policies over the past two years, dangling land discounts, tax breaks, and capital subsidies to woo EV makers and component suppliers. Joining them soon are Gujarat and Haryana, which are scheduled to release ...Read More >
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved Rs 30,000 crore compensation to three public sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under-recoveries incurred on the sale of domestic LPG. The distribution of the compensation within the OMCs will be done by the Ministry of Petroleum and Natural Gas. The compensation will be paid in 12 tranches, a Cabinet communique said. According to the government, this significant step also underl ...Read More >
New Delhi : Medistep Healthcare Limited, a rapidly growing player in India's pharmaceutical and healthcare market, has fixed the price of its upcoming Initial Public Offering (IPO) at Rs.43 per equity share. The offering comprises up to 37,44,000 equity shares with a face value of Rs.10 each. The IPO, which is being offered through a fixed price issue, will open for subscription on Friday, August 8, 2025, and close on Tuesday, August 12, 2025. The lot size for the issue has been set at 3,000 eq ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) Public sector mining major NMDC has recorded a 42.4 per cent jump in iron ore production to 3.09 million tonnes (MT) in July this year, compared to the corresponding figure of 2.17 MT in the same month last year. The company's sales of iron ore rose 13.07 per cent to 3.46 MT in July, from 3.06 MT in the same month of the previous year. Iron ore production in the company's Chhattisgarh division surged 54.92 per cent year-on-year to 1.89 MT during the month, whi ...Read More >
Lucknow: Chief Minister Yogi Adityanath on Friday said the state MSME department would soon come up with a dedicated policy to promote UP's leather and non-leather footwear manufacturing sectors for global competition."It is important to identify regions in the state best suited for industry specific development. Integrating production, design, research and training on a single platform could not only attract largescale investments but also generate employment opportunities for lakhs," the CM sa ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I' ...Read More >
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