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Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

April 27, 2022 / 07:57 AM IST
A round-up of the biggest articles from newspapers

A round-up of the biggest articles from newspapers

Corporate India plans bigger capex push in 2022-23

India Inc is planning to boost investment in 2022-23 as consumer demand increases, according to a survey of 19 chief executives. More than half the 19 CEOs planned to increase investment by over 25 percent this financial year over 2021-22, while only 10.5 percent said they would invest less.

Why it’s important: Consumer demand seems to be increasing after two years of pandemic slowdown. The Reserve Bank has said investment was likely to gain traction with improving business confidence, a pickup in bank credit, and support from the government’s capital expenditure on roads.

Adani leads race to acquire cement makers ACC, Ambuja