capital expenditure

New Delhi, April 6 – India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and...

New Delhi, April 6 – Finance Minister Nirmala Sitharaman stated on Monday that fiscal prudence has given the government the flexibility to maintain capital expenditure (capex) and support sectors affected by the crisis in West Asia.Furthermore, she said that the Reserve Bank can consider...

New Delhi, April 6 Finance Minister Nirmala Sitharaman said on Monday that India has fiscal space to support sectors affected by the escalating West Asia crisis, while the Reserve Bank has room to cut interest rates to deal with global challenges.The Monetary Policy Committee, headed by the...

Amaravati, April 4 The Indian Railways' SCR Zone has allocated a capital expenditure budget of over ₹13,000 crore for the 2026-27 fiscal, aimed at further strengthening infrastructure such as new lines, doubling, track renewals, and others.The capex rose by 18.3 per cent compared to the...

New Delhi, April 2 Core4 Engineers, a company based in Mysuru and specializing in EPCC (Engineering, Procurement, Construction, and Commissioning), has filed its draft papers with the BSE's SME platform to raise funds through an initial public offering (IPO).According to the Draft Red Herring...

The National Highways Authority of India (NHAI) has achieved significant growth in National Highway development during the 2025-26 financial year. The Ministry of Road Transport and Highways reported that NHAI constructed over 5,300 kilometers of National Highways, which is approximately 15%...

New Delhi, April 1 The defence ministry said on Wednesday that it has fully utilized the capital allocation of ₹1.86 lakh crore set aside for the defence services in the 2025-26 financial year.It said that the ministry had signed contracts for capital procurement of 503 proposals amounting to...

New Delhi, Apr 1 Bvishal Oil and Energy, a provider of onshore oilfield services, has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).According to the draft red herring prospectus (DRHP) filed on Tuesday, the proposed...

New Delhi, April 1 Auto components maker Kay Jay Forgings Ltd has filed draft papers with the market regulator, Sebi, to raise ₹360 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth ₹300 crore and an offer for sale (OFS) of shares...

New Delhi, March 31 – The government has notified the Finance Act 2026 to bring into effect the financial proposals of the Union Budget for 2026-27.A gazette notification issued by the Ministry of Law and Justice stated: "The Finance Act 2026 received the assent of the President on March 30...

New Delhi, March 31 Premier Energies announced on Tuesday that it has commissioned its 5.6 GW solar module manufacturing facility in Seetharampur, Telangana.Spanning 75 acres, the facility is expected to create approximately 2,000 jobs, boosting the local economy and strengthening India's...

New Delhi, March 31 Gujarat Victory Forgings Ltd has filed draft papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).The proposed IPO involves the issuance of up to 65 lakh equity shares and an offer for sale of up to 1.32 crore equity...

March 30, Kohima: The Central Government has allocated ₹3,880 crore to Nagaland under the 'Pride of Hills: Special Development Assistance for the Hill States' scheme for the financial year 2026-27.This initiative, part of the Special Assistance to States for Capital Investment (SASCI) program...

March 30, Kohima: The Central Government has allocated ₹3,880 crore to Nagaland under the 'Pride of Hills: Special Development Assistance for the Hill States' scheme for the financial year 2026-27.This initiative, part of the Special Assistance to States for Capital Investment (SASCI), has a...

March 30, Kohima: The Central Government has allocated ₹3,880 crore to Nagaland under the 'Pride of Hills: Special Development Assistance for the Hill States' scheme for the financial year 2026–27.This initiative, part of the Special Assistance to States for Capital Investment (SASCI), has a...

New Delhi, March 30 – Cabinet Minister and Rajouri Garden MLA Manjinder Singh Sirsa inaugurated development projects worth Rs 14 crore in the area on Monday, including road and drinking water projects.“The Delhi government has allocated Rs 32,000 crore as capital expenditure for infrastructure...

New Delhi, March 30 The central government's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26, compared to 85.8 per cent in the year-ago period, according to government data released on Monday.The Centre estimates the...

New Delhi, March 27 A total of six companies, including SAEL Industries Ltd, Vishvaraj Environment Ltd, and Symbiotec Pharmalab Ltd, have secured approval from Sebi to raise funds through initial public offerings (IPOs), according to an update from the market regulator on Friday.Other...

New Delhi, March 27 – The Parliament on Friday passed the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by voice vote, completing the legislative process to provide legal backing for the proposals of the Union Budget 2026-27, which will come into effect during the new...

New Delhi, March 26 State-run BSNL will add another 50,000-60,000 mobile towers to build a robust network, and the company's operating profit is expected to grow in double digits in the current fiscal, Union telecom minister Jyotiraditya Scindia said on Thursday.Scindia said that BSNL has made...