GAIL plans ₹30,000 cr capex in next 3 yrs; stock surges
In the fiscal year 2022-23, GAIL makes capital expenditure worth ₹10,000 crore, while it incurs capex of ₹2,391 cr in Q1
capex
August 2023
May 2023
February 2023
January 2023
Return of Industrial Stocks
All leading indicators like new projects, credit growth, capacity utilisation and order inflows to Industrial companies are reflecting buoyancy in the Industrial sector
Tata Sons' capital largely for new businesses: N Chandrasekaran
Tata Group plans to invest $90 billion by 2027, mostly in India.
Govt’s increase in Capex to drive investments in infra development: ICRA
In her Budget speech for FY23-24, Finance Minister Nirmala Sitharaman increased the capital investment outlay for 2023-24 by 33% to ₹10 lakh crore, which will be 3.3% of the country’s GDP.
Tax benefits for the middle class could help improve demand: CRISIL
Rejigging of personal tax rates will lead to increased disposable income in the hands of consumers, which should increase the sales of two-wheelers and entry-level cars, says CRISIL.
Capex key to enhance growth potential: FM
Capital investment outlay is being increased steeply for the third year in a row by 33% to ₹10 lakh crore, which would be 3.3% of GDP, says the FM.
Budget 2023: Govt increases CAPEX target by 33% to ₹10 lakh cr
Extending support to the state governments, the government has enhanced an outlay of ₹1.3 lakh crore.
Economic Survey 2022-23: India has unique opportunity to be 'global manufacturing hub'
The three primary assets to capitalise on this opportunity are potential for significant domestic demand, govt’s drive to encourage manufacturing and young workforce.
Budget 2023: Massive hike to take Capex allocation to ₹10 lakh cr
Capital outlay for the current fiscal is ₹7.5 lakh crore while the economy is witnessing a healthy absorption.
India Inc. confident of 6.5% GDP growth in FY23, expects capex, PLI focus in Budget: Deloitte survey
About 60% of respondents have expressed confidence about India growing above 6.5% in 2022-23, finds Deloitte survey.
