Capex - Daily Updates India

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At over Rs 3.1 lakh crore, road & railway ministries see record capex in April-September

contact@dailyupdatesindia.com6 months ago02 mins

NEW DELHI: The road transport and railway ministries have achieved a record capital expenditure utilisation of 63% and 56.5%, respectively, during the first half of the current financial year. The combined capex of the two ministries by Sept end was over Rs 3.1 lakh crore, as against the budgetary allocation of Rs 5.2 lakh crore…

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Private capex jump unlikely in FY26: S&P

contact@dailyupdatesindia.com7 months ago01 mins

MUMBAI: While a jump in capital expenditure is unlikely this fiscal year, the prospects for the economic growth catalyst are much better over a medium-to-long term, an arm of global rating agency S&P said on Wednesday. Companies are likely to invest upward of $800 billion over the next five years, S&P Global said. “There is…

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