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New Delhi: India continues to remain the bright spot supported by its strong macro fundamentals and the government capex may cross Rs 12 lakh crore in FY27, a year-on-year growth of 10 per cent, an SBI Research report said on Monday. The nominal GDP growth relevant for Budget math is expected at 10.5-11 per cent…
New Delhi: The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI). The report highlighted that while government spending has been driving growth, the economy now urgently needs…
The centre is creating an ecosystem for domestic and foreign investment, underscored Finance Minister Nirmala Sitharaman, urging the private sector to reciprocate. The Minister added that banks and companies are in good health, suggesting the time is right for private investment. The Economic Survey, a state of the economy report, has stressed that the Union…
Budget 2025 India Expectations Live Updates: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 on February 1, 2025, six months after unveiling the first full budget of the Modi 3.0 regime. While taxpayers are awaiting potential reductions in tax rates and higher exemption limits in the face of high inflation and…
Investment in infrastructure generates significant multiplier effects on the economy. This is particularly true for public spending in the form of capital expenditure. An initial investment in infrastructure triggers additional economic activity beyond the direct cost of construction, resulting in broader economic benefits. These benefits include increased employment, enhanced business activity, and higher consumer spending…
Budget 2025 Expectations Live Updates: With less than a week to go until the Union Budget presentation, industry stakeholders, experts, and economists are closely watching for key reforms and announcements from Finance Minister Nirmala Sitharaman. The Budget comes at a time of subdued economic momentum, a weakening rupee, and ongoing geopolitical uncertainties. As a result,…
India Budget 2025 Expectations Live Updates: Industry stakeholders eagerly await Finance Minister Nirmala Sitharaman’s upcoming Union Budget, with one key question on everyone’s mind: Will the Budget stimulate consumption, boost GDP growth, and provide tax relief to the common man and salaried individuals? Each year, the middle class looks to the Finance Minister for tax…
New Delhi: The capex of key state governments is projected to rise by 13 per cent in the current fiscal (FY25) to Rs 6.5 lakh crore, according to a report on Wednesday. However, compared to the FY25 budget estimate (BE) of Rs 7.2 lakh crore, the latest projection falls short following a dull start to…
To overcome the pandemic-driven economic slowdown, the Union government focused on increasing capital expenditure aimed particularly at creation of high quality physical and social infrastructure facilities, said the Economic Survey 2023-24 tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on Monday. Keeping the momentum going over the past five years,…