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.
More highway PPPs on anvil; Capex utilisation to be fast in roads sector: Deloitte
Highway sector will utilise the capital expenditure really fast, says Debashish Biswas, partner (Infra), Deloitte India.
Budget 2023: FM outlines 7 priorities to drive India through 'Amrit Kaal'
These priorities are inclusive development, reaching the last mile, infrastructure and development, green growth, youth power, and the financial sector.
Budget: Front load infra; Innovation, demand creation key to growth, say experts
A panel of experts in Fortune India’s pre-budget roundtable has said that the government needs to focus on infrastructure creation.
Rail Vikas Nigam shares up 3% on securing new order; surges 140% in 6 months
The state-owned company has bagged a contract worth ₹166.26 crore from Gujarat Metro Rail Corporation.
Budget 2023: Need tax sops on consumption, infra investment: PHDCCI
On infrastructure, PHDCCI suggests that there is a need to take the capital investment in the economy to 10% of the GDP.
Budget 2023: Look Beyond Roads, Rail In Capex
The capex push has focused on road and rail sectors. Budget needs to look at other infrastructure segments for holistic growth.
Nagpur expressway a test case of execution and compensation: Mopalwar
Maharashtra’s biggest expressway -- from land acquisition to completion -- has been phenomenal
Budget needs to focus on demand growth, PLI, Infra: Deloitte
Deloitte says the budget needs to lay emphasis on sustainable growth in demand, which will require efforts to create jobs and increase income generation opportunities.
Why L&T shares hit all-time high today?
Larsen & Toubro stock gained 2% to hit an all-time high of ₹2,095 after it won a significant order from renewable energy producer Greenko Group.