Budget 2024: FM Proposes To Raise Capital Expenditure By 11.1% To Rs 11.11 Lakh Cr
The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls after which the new government will present a full budget in July.
Feb 01, 2024, 15:21 PM IST
Bharat Bond ETF: Govt to launch fourth tranche in December - Details Inside
In December last year, the government had launched the third tranche with a base issue size of Rs 1,000 crore. It was over-subscribed 6.2 times with bids worth Rs 6,200 crore coming in.
Oct 26, 2022, 12:27 PM IST
11 States meet the target for capital expenditure in Q-1 of 2021-22
To become eligible for incremental borrowing, States were required to achieve at least 15 percent of the target set for 2021-22 by the end of 1st quarter of 2021-22, 45 percent by the end of 2nd quarter, 70 percent by the end of 3rd quarter and 100 percent by 31st March 2022.
Sep 14, 2021, 13:08 PM IST
Royal Enfield plans Rs 800 cr capex for 2018-19
According to the company, the capex announced will include the commencement of construction of phase-2 of the Vallam Vadagal plant in Tamil Nadu this year.
Apr 04, 2018, 12:04 PM IST
Fiscal deficit crosses 96% of FY18 target at Oct-end
For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of GDP.
Nov 30, 2017, 21:20 PM IST
Fiscal deficit for 2017-18 pegged at 3.2% of GDP; to achieve 3% in 2018-19
Finance Minister Arun Jaitley today said that the total expenditure in Budget for 2017-18 has been placed at Rs. 21.47 lakh crores. With the abolition of Plan-Non Plan classification of expenditure, the focus is now on Revenue and Capital expenditure.
Feb 01, 2017, 15:16 PM IST
Improved quality of public expense stoking growth: Finance Ministry
The quality of government expenditure has improved significantly in the current fiscal and is resulting in high growth, Finance Ministry said on Saturday.
Feb 20, 2016, 20:20 PM IST
Investment cycle showing signs of pick-up: Moody's
Moody's Investors Service on Tuesday said investment levels in India are showing early signs of recovery driven by an upturn in capital expenditure and increased public spending.
Dec 01, 2015, 14:52 PM IST
ONGC to intensify exploration activities, secures more rigs
Oil and Natural Gas Corporation (ONGC) is expected to increase its upstream capital expenditure by 10 per cent next year and intensify its exploration activities, taking advantage of the current depressed global energy market.
Oct 28, 2015, 08:10 AM IST
RIL's return ratio to improve over medium term: Report
As Reliance Industries nears completion of a significant capex cycle over next 12 months, return ratios are likely to improve in the medium term, driven by strong earnings accretion from core business and a rational strategy in telecom business, a brokerage said.
Jun 08, 2015, 19:29 PM IST
Airtel hits global bond market with $1 bn issue to fund capex
Country's largest telecom firm Bharti Airtel has approached the global debt market Wednesday to raise up to USD 1 billion in a 10-year bond sale programme.
Jun 03, 2015, 21:04 PM IST
Tata Steel trims capex by 25% to Rs 10,000-cr this fiscal
Tata Steel, which reported a massive Rs 5,674 crore loss in the March quarter due to non-cash write downs, Wednesday said it will spend Rs 10,000 crore in capex this fiscal as it hopes demand conditions to improve over the next few quarters.
May 21, 2015, 00:32 AM IST
RIL to raise Rs 10,000 crore through NCD
Reliance Industries plans to raise Rs 10,000 crore through a privately placed non-convertible debenture issue to fund its ongoing capital expenditure.
May 20, 2015, 18:52 PM IST
BPCL raises $500 mn to fund capital expenditure
State-owned Bharat Petroleum Corp Ltd (BPCL) Thursday said it has raised USD 500 million through fixed rate unsecured notes to fund its capital expenditure.
Apr 30, 2015, 17:32 PM IST
Investment on cusp of revival as capex rises
RBI Governor Raghuram Rajan Tuesday said green shoots are visible in the investment climate, but refrained from commenting on the new CSO series on economic growth numbers.
Apr 07, 2015, 21:42 PM IST
IL&FS aims to more than triple power generation capacity
Infrastructure Leasing & Financial Services Ltd (IL&FS) plans to more than triple its power generation capacity in five years, betting on demand for renewable energy sources such as wind and solar in Asia`s third-largest economy.
Mar 25, 2015, 19:27 PM IST
Coal India to spend Rs 12,000 crore in FY16 for capex, infra
State-owned Coal India (CIL) on Friday said it is gearing up to invest about Rs 6,000 crore towards capital expenditure in the next fiscal and an equal amount on augmenting other infrastructure, including rail connectivity.
Feb 20, 2015, 23:20 PM IST
Board gives nod to India Cement's fund raising plan
Board of India Cements has approved a proposal to raise Rs 500 crore through qualified institutional placements or foreign currency convertible bonds to meet capital expenditure needs, a top official said on Friday.
Dec 26, 2014, 16:49 PM IST
RIL hopes for Rs 10,000-cr capex in remaining part of FY'15
Reliance Industries, which Monday reported a 1.7 percent rise in net profit at Rs 5,972 crore for the three months to September, expects up to Rs 10,000 crore capital expenditure in the remaining part of this fiscal.
Oct 13, 2014, 22:53 PM IST
RPower plans Rs 50,000-cr capex over next five years
Reliance Power (RPower) plans to invest nearly Rs 50,000 crore in the next five years to undertake various expansion projects, including increasing power generation and coal production.
Sep 30, 2014, 22:32 PM IST
