India May Miss ₹11.1 Trillion Capex Target For FY25, Inflation Remains Key Concern
Retail inflation hit a 14-month high in October, driven by rising prices of edible oils, onions, and tomatoes. Despite this, Seth reaffirmed the government’s growth projection of 6.5%-7% for FY25, with no downside risks expected
Finance Minister Sitharaman Reaffirms Rs 11.11 Lakh Crore Capex Allocation For FY 2025
Finance Minister Nirmala Sitharaman confirmed the Rs 11.11 lakh crore capex allocation for FY 2025, as set in the Interim Budget.
India To Increase Capital Expenditure By 8-10% In FY25
India aims for strong economic growth as the government plans an 8-10% increase in capital expenditure for FY2025, raising it from Rs 11.11 lakh crore.
Centre Reports 12% Increase in States’ Capex from April to February
The ministry reported that states' capital expenditure from April to February 2023 was 11.9% higher than the previous year
FOREX Reserves Surge to Record Highs, Boosting Economic Outlook
Forex Reserves Witness Highest Rise, Signaling Stability and Confidence in Markets
FY24 May See a Marginal Rise in the Share of States’ CAPEX in GDP: India Ratings
The percentage of states’ combined capital expenditure in the Gross Domestic Product (GDP) may experience a slight increase from 2.5% in FY23 to 2.8% in FY24, according to India Ratings. Also Read: Piyush Goyal Predicts India’s Rise to Become the Third-largest Economy by 2027-28 The 15th Finance Commission suggested that states could have a fiscal …
Continue reading "FY24 May See a Marginal Rise in the Share of States’ CAPEX in GDP: India Ratings"
Maintaining ‘Margins of Safety’ Required Due To The Rising Global Uncertainty
Nageswaran said, the global growth estimates of the International Monetary Fund (IMF) given in January look outdated and countries will have to watch what the developments in the US over the last week would do to confidence, bank lending growth, and the subsequent chain effects..
Economy Towards Six Percent Growth Next Fiscal
The agency also sees the economy averaging a growth rate of 6.8 percent over the next five fiscals. Crisil further said it expects the corporate revenue to log in double-digit rise again next fiscal..
