Search result for 'capex spending'

Government to focus on shipbuilding, highways, railways, and metro projects for FY27 capex of Rs 12.2 lakh crore. Details inside.

Fitch Ratings on India's FY27 budget: commitment to macro stability, capex, GDP growth, fiscal deficit targets, and sovereign credit metrics.

Siemens India reports a 37% decline in net profit to Rs 408 crore for the March quarter, attributed to under-absorption of fixed costs and higher material costs in the Digital Industries business....

ICRA reports private capital expenditure share in India's economy fell to a decadal low of 33% in FY24, driven by weak consumption and muted export demand. Unlisted companies saw a contraction in...

Chhattisgarh's Budget focuses on 'GATI' (Good Governance, Accelerating Infrastructure, Technology, Industrial Growth) to drive economic development and social welfare.

Siemens reported a 10% decline in its net profit to Rs 372 crore in the December quarter due to lower revenues. Smart Infrastructure and Mobility businesses grew profitably, but a slowdown in...

Black Box, Essar Group's IT arm, reported a 37.2% rise in Q3 profit to Rs 56.08 crore but revenue slipped by 9.28%. The company cites delayed customer decisions and a strategic exit from certain...

Action Construction Equipment Ltd reported a 26% rise in profit after tax (PAT) to Rs 111.68 crore for the December quarter, driven by higher income. The company's revenue grew by 16.65% year-on-year.

Experts hail India's Budget 2025, highlighting investments in clean energy, nuclear mission, critical minerals and EV infrastructure as key steps towards a sustainable future.

EY report predicts India's FY26 budget will focus on domestic demand, with a 20% capex increase and tax concessions to boost growth. Fiscal deficit projected at 4.4% of GDP.

India Ratings and Research (Ind-Ra) expects the FY26 Budget to focus on fiscal consolidation, boosting consumption demand, and infrastructure spending. The report highlights key expectations and...

EY advises India's upcoming budget to focus on domestic drivers like tax cuts and higher capex to stimulate growth amid global uncertainties. The firm predicts a 20% increase in capex and a 4.8%...

ICRA recommends Rs 11 lakh crore capex in FY26 Budget and inflation-adjusted tax relief for lower income brackets to boost spending.

Indian stock markets opened 2025 on a positive note, with Sensex and Nifty closing higher on Wednesday. Bluechip buying and positive economic data fueled the rally. Read more.

ICRA expects sequential revenue growth for India Inc in Q3 FY25, driven by improved rural demand, government spending and the festive season. However, uneven urban demand and global uncertainties...

Indian apparel exporters are expected to see a 9-11% revenue growth in FY25, driven by inventory liquidation, global sourcing shift to India, and government support. ICRA highlights challenges like...

India Ratings and Research (Ind-Ra) reports a robust corporate credit profile in H1 FY25, with 202 issuers receiving rating upgrades. Large corporates and A-rated companies saw the most upgrades,...

UBS report warns of fiscal profligacy in poll-bound states, highlighting increased welfare spending and its potential impact on capital expenditure.

Vedanta's planned stake sale in Hindustan Zinc aims to raise funds for debt repayment and capital expenditure, impacting the company's future dividend income and debt burden.

Icra predicts Rs 3-4 lakh crore investment in PLI scheme over next 4 years, with focus on semiconductors, solar modules and pharmaceuticals. Government's capex expected to remain steady.

Icra raises its forecast for India's steel demand growth to 9-10% in FY25, driven by strong government spending and demand from steel-consuming sectors. Read more.

Large PSUs spent Rs 50,200 crore on capex in April FY25, driven by railways, roads, and oil & gas sectors. Read about the breakdown of spending by sector and the overall impact on India's...

The IMF has applauded India for maintaining fiscal discipline during the election year, citing strong economic growth and a bright outlook. The report highlights India's robust macro fundamentals,...

India's economy expanded by 7.6% in the September quarter, driven by strong manufacturing growth, indicating private capex spending is gaining momentum. Experts expect growth to moderate in the...