Capex hike of 11% looks moderate because of high base: FM
In the interim budget 2024-25, the government has allocated ₹11.11 lakh crore towards capital expenditure, up 11.11% from ₹10 lakh crore allocated in 2023-24.
In the interim budget 2024-25, the government has allocated ₹11.11 lakh crore towards capital expenditure, up 11.11% from ₹10 lakh crore allocated in 2023-24.
The allocation is up 11.1% from the budget estimate of ₹10 lakh crore for the current financial year.
The current regulatory framework for surety bonds presents the general insurance industry with a unique opportunity to diversify their portfolio, says IRDAI chairman.
Timely payments from government authorities are helping companies manage debt.
Highway sector will utilise the capital expenditure really fast, says Debashish Biswas, partner (Infra), Deloitte India.
Heavy capital expenditure to boost economy helps construction firms improve order book and profit margins.
The Budget is an enabler for climate control and clean energy transition, say industry experts.
Edelweiss Group’s Edelweiss Infrastructure Yield Plus fund acquires 74% stake in solar portfolio of France’s Engie Group for a reported $500 million.