capital expenditure

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    India's Fiscal Deficit Rises to 63% of Annual Target

    New Delhi, February 27 The Centre's fiscal deficit at the end of January stood at ₹9.8 lakh crore, or 63 per cent of the annual budget target for 2025-26, compared to 74.5 per cent in the year-ago period, according to government data released on Friday.The Centre estimates the fiscal deficit...
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    Crisil Ratings: Bed Additions Drive Hospital Revenue Growth

    New Delhi, February 27 Private hospital revenue is expected to grow by 14-15 per cent in the next fiscal, driven by healthy occupancy and ongoing bed additions, according to Crisil Ratings.This will mark the fifth consecutive year of double-digit revenue growth, while revenue per occupied bed...
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    Government and Industry Collaboration Key to India's Growth, Says Modi

    New Delhi, February 27 Prime Minister Narendra Modi on Friday urged the Indian industry to increase investment and innovation, saying the government has laid the groundwork through aggressive capital spending and by creating a conducive policy environment in successive budgets, and that it is...
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    Modi Urges Industry to Leverage Budget Announcements

    New Delhi, February 27 Prime Minister Narendra Modi on Friday urged the industry to invest and innovate, and called on financial institutions to provide practical solutions and strengthen market confidence.Addressing a post-Budget webinar on 'Technology, Reforms, and Finance for Viksit...
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    Budget Focuses on Agriculture and Social Infrastructure in Mizoram

    Aizawl, February 26 Mizoram Chief Minister Lalduhoma presented a budget of ₹17,469.91 crore for the 2026-2027 fiscal in the state assembly, with a focus on improving social infrastructure and boosting the agricultural sector.The chief minister also presented supplementary demands for grants...
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    State's Strong Recovery: Meghalaya Sees Rapid GSDP Growth

    Shillong, February 26 – Meghalaya has emerged as one of the fastest-growing states in the country, recording nearly 10 per cent real Gross State Domestic Product (GSDP) growth for three consecutive years after the Covid-19 pandemic, Chief Minister Conrad K. Sangma said on Thursday while replying...
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    New Budget Allocates Funds for Anti-Narcotic Activities in Mizoram

    Mizoram Chief Minister Lalduhoma presented a budget of Rs. 17,469.91 crore for the financial year 2026-2027 in the state Assembly, focusing on improving social infrastructure, connectivity, the agricultural sector, and enhancing anti-drug efforts.The Chief Minister also presented supplementary...
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    BMC Announces Record Infrastructure Budget Under BJP Leadership

    In Mumbai, on February 25, the Brihanmumbai Municipal Corporation (BMC) proposed a budget of ₹80,952.56 crore for the 2026-27 fiscal year, representing an 8.77% increase over the 2025-26 budget estimate. The budget prioritizes infrastructure expansion and urban mobility.BMC Commissioner...
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    BMC Announces ₹80,952 Crore Budget with Focus on Key Projects

    Mumbai, February 25 The Brihanmumbai Municipal Corporation has proposed a capital expenditure of ₹48,164.28 crore for 2026-27, an increase of about 11.59 per cent over 2025-26, signaling a renewed push for infrastructure and special projects.BMC Commissioner Bhushan Gagrani presented a budget...
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    Mumbai BMC's 2026-27 Budget Details Capital & Revenue Plans

    Mumbai, February 25 The Brihanmumbai Municipal Corporation (BMC) proposed a budget of Rs 80,952.56 crore for the financial year 2026-27, representing an 8.77 per cent increase over the 2025-26 budget estimate of Rs 74,427.41 crore.BMC Commissioner Bhushan Gagrani presented the budget in the...
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    Jharkhand Unveils Rs 1.58 Trillion Budget Focused on Social Sector and Economic Growth

    In Ranchi, on February 24, the Jharkhand government presented a budget of Rs 1.58 lakh crore for the 2026-27 fiscal to the assembly. This budget, totaling Rs 67,460 crore for the social sector, aims to improve the lives of the poor, women, and other vulnerable groups.The JMM-led government had...
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    Budget 2026-27: Jharkhand Prioritizes Social Development and Economic Expansion

    In Ranchi, Jharkhand's chief minister presented the state budget for the 2026-27 fiscal year, totaling Rs 1.58 lakh crore. This budget prioritizes inclusive growth and development for all sections of society, with a significant allocation of Rs 67,460 crore for the social sector, aimed at...
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    Government Supports POWERGRID's Renewable Energy Expansion

    New Delhi, February 24 – The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved on Tuesday an enhanced delegation of powers to Power Grid Corporation of India Limited (POWERGRID), increasing the company's permissible equity investment limit from the...
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    Maharashtra Govt Tables Supplementary Demands of ₹11,995 Crore

    Mumbai, February 24 The Maharashtra government on Tuesday presented supplementary demands of ₹11,995.33 crore in the state legislative assembly, with the largest allocation of ₹4,066 crore proposed for the energy, labor, industries, and mining sectors.The supplementary budgetary demand was...
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    Jharkhand's 2026-27 Budget Prioritizes Welfare, Addresses Funding Concerns

    Ranchi, February 24 – Jharkhand’s Finance Minister, Radha Krishna Kishore, presented the budget of Rs 1,58,560 crore for 2026-27 in the Assembly on Tuesday. He described it as the “Abua Dishom Budget,” which will promote inclusive, sustainable, and welfare-oriented development in the state...
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    NITI Aayog Drives Second Phase of India's Asset Monetisation Strategy

    February 23, New Delhi — Union Minister for Finance and Corporate Affairs Nirmala Sitharaman launched the second phase of the asset monetization pipeline of central ministries and public sector entities – ‘National Monetisation Pipeline 2.0 (NMP 2.0)’ today. The second phase of the pipeline has...
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    Asset Monetisation Strategy: India's New 5-Year Plan for Infrastructure Funding

    New Delhi, February 23 – The National Monetisation Pipeline (NMP) 2.0, launched by Finance Minister Nirmala Sitharaman on Monday, aims to mobilize ₹10 lakh crore over a period of 5 years.NMP 1.0, launched in 2021 by Niti Aayog for FY2022-25, targeted to unlock value in brownfield public...
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    Nashik Announces Bond Offering to Support Simhastha Development

    Nashik, February 23 The Nashik Municipal Corporation announced on Monday the launch of its first public offering of green bonds, which officials said would finance several projects related to the 2027 Simhastha Kumbh Mela.The announcement of the taxable, unsecured, redeemable, non-convertible...
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    Meghalaya Budget Prioritizes Sustainable Development and Economic Stability

    Chief Minister Conrad K. Sangma presented the budget for 2026-27 in the Meghalaya Legislative Assembly on Monday, with a fiscal deficit of ₹2,672 crore, which is approximately 3.5 percent of the state's Gross State Domestic Product (GSDP), remaining within the permissible limit.The total...
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    India's Mutual Fund Market: Axis Fund Targets Untapped Potential

    Kolkata, February 19 Axis Mutual Fund aims to achieve over 20 per cent year-on-year growth in assets under management starting from 2026, based on improving corporate earnings, a strengthening capital expenditure cycle, and a large, untapped investor base, a top company official said on...
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