capital expenditure

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...