capital expenditure

New Delhi, February 18 Amid global concerns about an AI bubble, Google CEO Sundar Pichai defended the massive spending on Artificial Intelligence, comparing the technology infrastructure being built to the historical expansion of railroads and highways, which became essential foundations for...

Mumbai, February 18 Private credit investments jumped by 35% to USD 12.4 billion in 2025, despite a slowdown in the second half of the year, a report said on Wednesday.Entities in the real estate and healthcare sectors were the largest borrowers in this space, which is increasingly becoming a...

Jammu, February 18 Jammu and Kashmir's total debt for the financial year 2024-25 is estimated at ₹1,37,067 crore, which is 48 per cent of the Union Territory's GDP, which has significantly expanded to ₹2,88,422 crore, Chief Minister Omar Abdullah said on Wednesday.Defending his government's...

Gandhinagar, February 18 – Gujarat’s budget for 2026-27 has been set at ₹4.08 lakh crore, reflecting a 10.2 per cent increase over the previous year, with 65 per cent of the total expenditure earmarked for development spending.The budget was presented in the Legislative Assembly by Finance...

Jammu, February 17 The Jammu and Kashmir government announced on Tuesday the launch of a "Viksit village project" aimed at the holistic development of rural areas across all assemblies in the Union territory, with a significant budgetary allocation under the 2026-27 capital expenditure...

Chennai, February 17 – Tamil Nadu Finance Minister Thangam Thenarasu presented an interim budget of ₹2.55 lakh crore for the 2026-27 fiscal, with a focus on the state's upcoming elections. A significant portion, ₹4,000 crore, was allocated to the DMK's flagship scheme of free bus travel for...

Chennai, February 17 The Tamil Nadu government presented its interim budget for 2026–27 in the Assembly on Tuesday, detailing how it mobilizes and spends every rupee.Explaining its expenditure through the concept of "How Tamil Nadu spends one rupee," the government said that subsidies and...

New Delhi, February 17 Gaudium IVF and Women Health Ltd, a provider of fertility services, announced on Tuesday a price band of ₹75-₹79 per share for its initial public offering (IPO) worth ₹165 crore.At the higher end, the company's valuation is estimated at ₹575 crore.The company's maiden...

New Delhi, February 15 With the government having made significant progress through aggressive capital expenditure in recent years, Prime Minister Narendra Modi said on Sunday that it is now the time for the private sector to step up, invest boldly, and drive the next phase of innovation-led...

New Delhi, Feb 15 – Prime Minister Narendra Modi on Sunday said that productive spending is a key feature of his government's policies. He stated that the recently unveiled Union Budget deliberately avoids short-term populist measures and instead focuses on significant investments in...

In Amaravati, Andhra Pradesh, Finance Minister Payyavula Keshav presented the state budget for 2026-27, totaling over Rs 3.32 lakh crore. This is an increase of Rs 10,000 crore from the previous fiscal year. The budget includes an estimated revenue expenditure of Rs 2.56 lakh crore and a capital...

Amaravati, February 14 Andhra Pradesh presented a budget of over Rs 3.32 lakh crore for 2026-27 on Saturday, balancing welfare and development, with an estimated revenue expenditure of Rs 2.56 lakh crore and capital expenditure of nearly Rs 54,000 crore.While presenting the budget in the state...

New Delhi, February 13 Prime Minister Narendra Modi on Friday said that India contributes more than 16 per cent to global growth today and expressed confidence that the country will emerge as a new engine of the world economy.In this decade of the 21st century, he said, India is "riding the...

New Delhi, February 13 Vipul Organics announced on Friday a 28 per cent increase in consolidated net profit to Rs 1.85 crore for the December 2025-26 quarter, driven by higher revenue.The company had reported a net profit of Rs 1.44 crore in the same quarter of the previous fiscal, according...

New Delhi, February 13 Fertility services provider Gaudium IVF and Women Health Ltd is planning to raise funds amounting to Rs 150 crore to Rs 200 crore through its initial public offering (IPO), which is expected to open on February 20, according to people familiar with the development on...

On Wednesday, Finance Minister Nirmala Sitharaman announced that the government has budgeted Rs 53.47 trillion for the next fiscal year, a 7.7% increase from the current fiscal ending March 31.According to the revised estimates, the current fiscal's budget is Rs 49.64 trillion, lower than the...

New Delhi, February 10 Aditya Birla Group's Grasim Industries Ltd reported a 28.76% increase in its consolidated net profit to ₹2,232.95 crore for the December quarter of FY'26, driven by strong performance across businesses.The company's net profit stood at ₹1,734.16 crore during the...

New Delhi, Feb 9 Senior Congress leader P Chidambaram on Monday criticized the government for reducing capital expenditure in 2025-26, arguing that "neither the public sector, the private sector, nor foreign investors are investing in India," and calling the 2026-27 Union Budget a "forgettable...