Capex Spending News

Companies

Coal India: Higher capex on non-core operations seen as a drag on cash reserves

Coal India has allocated Rs15,000 crore capex for this year, out of which Rs6,500 crore28% higher than last year's allocationis for non-core operations

2 min read7 Jun 2017
Companies

Motherson Sumi lines up Rs2,000 crore capex for FY18

Auto components major Motherson Sumi has lined up capex of Rs2,000 crore for 2017-18, mainly on upcoming nine plants in five countries including India

1 min read21 May 2017
Politics

India’s gross-value added growth to hit 7.6% this year, says DBS report

Though private sector activity is subdued, high frequency fiscal numbers point to sustained support from public capex spending, according to DBS report

1 min read2 Nov 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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