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  • Centre offers Rs 12,000 crore interest-free 50-year loans to states for capital expenditure Oct 12, 2020 01:59 PM IST

    Centre offers Rs 12,000 crore interest-free 50-year loans to states for capital expenditure

    The government also announced an additional budget of Rs 25,000 crore, which would be provided for capital expenditure of Centre on roads, defence, infrastructure, water supply, urban development and domestically produced capital equipment

  • Union Budget Series: What is the expense account? Mar 03, 2017 02:11 PM IST

    Union Budget Series: What is the expense account?

    The expense account is the record of the government‘s expenses. There are two kind of expenditures; revenue expenditure and capital expenditure.

  • Union Budget Series: Bridging the deficit Mar 03, 2017 02:11 PM IST

    Union Budget Series: Bridging the deficit

    The fiscal deficit is a measure of the government‘s annual borrowing. The government borrows because its expenses, like those of a household, often exceed income. It raises loans from the market; issues treasury bills and borrows from small savers.

  • Union Budget Series: Finance ministers and their Budget speeches Mar 03, 2017 02:11 PM IST

    Union Budget Series: Finance ministers and their Budget speeches

    Finance in their Budget speeches have often quoted poets, saints, economists and litterateurs to buttress a given political social and economic context.

  • Union Budget Series: Key takeaway from economic survey Mar 03, 2017 02:11 PM IST

    Union Budget Series: Key takeaway from economic survey

    Finance Minister Arun Jaitley presented the economic survey, authored by the chief economic adviser, on Tuesday January 31, 2017. It is an official report on the economy and sets the tone for the Union Budget.

  • Union Budget Series: Key terms in the Budget Mar 03, 2017 02:11 PM IST

    Union Budget Series: Key terms in the Budget

    Financial year and assessment year. Financial year (FY) runs from April 1 to March 31 of the next year; assessment year (AY) is the year following the FY. Tax on income earned in an FY is paid during the AY.

  • Union Budget Series: Parliamentary process Mar 03, 2017 02:11 PM IST

    Union Budget Series: Parliamentary process

    It all begins with the finance minister‘s speech in the Lok Sabha. The Budget is then tabled in parliament. Discussions on the economy and broad Budget measures take place without voting. The parliament then breaks for a three-week recess. Parliamentary Standing Committees give reports on ministries‘ estimates or demands for grants.

  • Union Budget Series: Making of Budget Mar 03, 2017 02:11 PM IST

    Union Budget Series: Making of Budget

    The exercise to make the Budget is a long-drawn one. It juggles political pressures, economy‘s priorities and utmost secrecy. Budget work begins in August with a circular to ministries and departments. They reply with details of funds they need.

  • Upbeat analysts' view on Jio sends Reliance stock higher by 4% Mar 03, 2017 10:23 AM IST

    Upbeat analysts' view on Jio sends Reliance stock higher by 4%

    Brokerage houses, in most cases, reiterate buy call on the stock with improved target prices, citing better prospects for Jio and advantage in the data segment.

  • Pull backs won't sustain; Nifty to touch 7500-7600 soon: Gujral Nov 21, 2016 03:52 PM IST

    Pull backs won't sustain; Nifty to touch 7500-7600 soon: Gujral

    Mayuresh Joshi of Angel Broking says it is not all bad news and there are still opportunities to buy into the market. He says government's capital expenditure may soon see a rise. Companies which may be connected to such expenditure can be bought into.

  • Expect to sustain 15.3% EBITDA margin in FY17: Jindal Saw Nov 07, 2016 09:50 AM IST

    Expect to sustain 15.3% EBITDA margin in FY17: Jindal Saw

    Jindal Saw has halted all capital expenditure to focus on debt reduction, says Kumar. He expects long-term loans to reduce in the coming months.

  • Re 1 hike in kerosene will save Rs 700 cr for system: ONGC Jul 07, 2016 10:37 AM IST

    Re 1 hike in kerosene will save Rs 700 cr for system: ONGC

    Currently, the company has a capital expenditure plans of about Rs 30,000 crore. AK Srinivasan of ONGC sees the net average realisation of USD 45-47 a barrel.

  • Oil PSUs to invest Rs 80,000 crore in capex in FY16: Pradhan May 16, 2016 10:08 PM IST

    Oil PSUs to invest Rs 80,000 crore in capex in FY16: Pradhan

    The government plans to invest in improving infrastructure in oil and gas sector, says Oil & Gas minister Dharmendra Pradhan.

  • Is India's capex cycle recovering or do hurdles persist? Apr 06, 2016 10:00 PM IST

    Is India's capex cycle recovering or do hurdles persist?

    Adrian Mowat, Chief EM & Asian Equity Strategist, JPMorgan Chase, says if you look at some of the early indicators for corporate capex, such as truck sales, they are now turning around and looking very encouraging. However, data aggregator CMIE cautions that all is not well with the Indian business environment.

  • Decentralizing helping Railways fast-track projects: Prabhu Apr 06, 2016 11:00 AM IST

    Decentralizing helping Railways fast-track projects: Prabhu

    Railways Minister Suresh Prabhu says the Railways will spend USD 142 billion towards boosting the country's railways infrastructure. Will he be the man to turn around the transporter?

  • Plan to spend Rs 3K cr on modernization, capacity expnasion: BEL Mar 30, 2016 12:43 PM IST

    Plan to spend Rs 3K cr on modernization, capacity expnasion: BEL

    BEL expects a revenue growth of 15 percent after three years on back of defence programmes, says SK Sharma, CMD of the company.

  • Fitch affirms India's rating at BBB-; outlook stable Dec 07, 2015 03:01 PM IST

    Fitch affirms India's rating at BBB-; outlook stable

    be supported by government‘s increasing capital expenditure (capex) spending and implementation of structural reforms.

  • Sensex to see 28,000; expect RBI to cut rate: Deutsche Sep 18, 2015 10:42 AM IST

    Sensex to see 28,000; expect RBI to cut rate: Deutsche

    Positives like more foreign investments, increased government capital expenditure (capex) and the expected BJP win in Bihar elections is making the market more attractive for investors, says Pratik Gupta, Head-Equities at Deutsche Bank India.

  • Idea to launch 4G in 10 circles by Jan-end Sep 14, 2015 12:12 PM IST

    Idea to launch 4G in 10 circles by Jan-end

    Initailly, the service will be launched in 10 circles – Kerala, Maharashtra & Goa, Madhya Pradesh, Andhra Pradesh, Orissa, Chhattisgarh, Punjab, North East, Karnataka and Haryana.

  • West Bengal kicks off road show for global biz meet in Jan Sep 07, 2015 06:18 PM IST

    West Bengal kicks off road show for global biz meet in Jan

    "West Bengal government and top six industrialists are working together towards the growth that the state has generated. India has grown by 7.5 percent, West Bengal has grown by 10.48 percent," State Finance Minister Amit Mitra said.

  • OROP may not have sizeable fiscal impact Sep 07, 2015 03:06 PM IST

    OROP may not have sizeable fiscal impact

    There is a cushion of around Rs 20,000 crore in FY16 Budget, which is expected to help the government tide over the additional expense on account of the Rs 12,000 recap package announced for PSU banks and the additional expense that will come in now OROP

  • Expect H2 to be good for freight growth: Suresh Prabhu Aug 19, 2015 05:53 PM IST

    Expect H2 to be good for freight growth: Suresh Prabhu

    Railway Minister Suresh Prabhu is also confident of meeting capital expenditure targets for railway this year

  • Focus on operational efficiency and expansion: Apollo Aug 04, 2015 06:32 PM IST

    Focus on operational efficiency and expansion: Apollo

    In an interview with CNBC-TV18, Preetha Reddy, Executive Vice Chairman of Apollo Hospitals said that the new Navi Mumbai hospital will become functional by year-end or early next year.

  • Aiming for 20% sales, revenue growth in FY16: Granules Jul 24, 2015 12:07 PM IST

    Aiming for 20% sales, revenue growth in FY16: Granules

    Granules India is looking to expand its business and has raised warrants worth Rs 200 crore to be used for capital expenditure and ANDA filings, C Krishna Prasad, managing director of the company told CNBC-TV18.

  • Is Indian capex cycle finally reviving? Jul 02, 2015 06:29 PM IST

    Is Indian capex cycle finally reviving?

    JPMorgan is the more optimistic brokerage while UBS believes the revival is modest at best.

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