Capital Expenditure
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States' capex soars 36% in FY23, fiscal deficit at Rs 8.4 lakh crore, finds ICRA report
•According to the agency, 26 large states, excluding Assam, are on course to spend Rs 6.8 lakh crore or 35.8 per cent more this fiscal in capital expenditure over FY22 when it stood at Rs 5 lakh crore
A nudge and a multiplier effect: Why Nirmala Sitharaman has budgeted for capital expenditure
Kyatish Rajawat •Capex has a multiplier effect on core industries and finally nudges private sector capital expenditure. When both engines of the economy work, sustained growth begins
Union Budget 2022: Important terms you may find handy ahead of Nirmala Sitharaman's speech
Fp Staff •Ahead of Finance Minister Nirmala Sitharaman presenting the Union Budget for the year 2022-2023, we try to simplify it for you
Army, IAF struggle to exhaust Capital Budget for 2021-22; Defence minister asks to expedite spending
Amrita Nayak Dutta •Union Budget 2022: The low spending of the defence budget comes as an aberration because the services are learnt to have projected the requirement for capital budgets way higher than they were allocated in 2021-22
Budget 2022: Find out how the financial statement is set to affect the market and economy
Trendingdesk •With COVID-19 pandemic still wreaking havoc across the globe, market players would want the Centre to take steps to generate demand and revive the economy
Union budget 2021: Fiscal deficit, tax revenue, capital expenditure and other key numbers to be watched
•Budget 2021 is widely expected to be an ‘economic vaccine’ after the brunt borne in the wake of the coronavirus pandemic
Union Budget 2021: Scope for tax concession very limited, Centre may inject stimulus through capex, says expert
•The expert said the fiscal deficit in the current fiscal is likely to be between 6.5-7 percent, adding that the government could relax the target but should keep a close eye on debt-GDP ratio projection
V-Guard Q4 profit drops 47% to Rs 32 cr due to COVID-19 lockdown; says business to bounce back in coming months
•V-Guard's net net revenue from operations for the quarter was Rs 541 crore, declining by 27 percent over the corresponding period of the previous year (Rs 746 crore).
Recovery in economy has to be led by private investments; government spending cannot work alone
Madan •Capex injects funds directly into the spending stream and is hence superior to even direct cash transfers where the action of the beneficiary can never be guessed accurately
China’s growing interest in India’s auto market, Federal Bank’s asset quality improves in Q3; all this and more on Moneycontrol Pro
Moneycontrol •China’s interest in India’s automobile sector could be tactical, getting a foot in the door because an opportunity presented itself.