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PUNJAB CAPITAL EXPENDITURE
CenturyPly targets Rs 12,000 crore revenue by FY31, sees housing demand and exports driving growthThe company is expanding capacity across plywood, laminates, MDF, and particle board. New manufacturing facilities and branding investments...
No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spendingThe Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...
Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
Happy Steels shares set for market debut today; GMP signals nearly 15% listing premiumThe Rs 25 crore SME public issue witnessed overwhelming demand during its subscription period from July 9 to July 13, with the IPO closing ...
Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologiesTata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment w...
AAP govt in Punjab makes u-turn, notifies Centre's VB-G RAM G schemePunjab's AAP government has notified the Union's rural employment scheme, effective July 1, a stark contrast to its December resolution opp...
Punjab's capital expenditure lowest in FY25 at 6.2 pc vs highest of Gujarat at 36.2 pc: NSEPunjab faces financial challenges in FY25 with the lowest capital-to-revenue expenditure ratio of 6.2%. States are anticipated to moderate ...
Bihar, Kerala, Punjab, Rajasthan and WB most stressed fiscally: RBIFive states, namely, Bihar, Kerala, Punjab, Rajasthan, and West Bengal, figure among the most stressed states fiscally, as per a Reserve Ba...
Seven states meet Q2 Capex target; get nod for Rs 16,691 crore additional borrowingThe states -- Chhattisgarh, Kerala, Madhya Pradesh, Meghalaya, Punjab, Rajasthan and Telangana -- have achieved the target set by the Minis...
States divert funds, cut expenditure to foot Covid-19 billThe second Covid-19 wave and the new vaccine bill for 18-44 age group have forced state governments to cut capital expenditure and reapprop...
CAG raps Punjab for utilizing borrowings for paying past debtReport also mentions Government of Punjab, did an excess expenditure of Rs 2,057.34 crore.
- Punjab's 'dependence' on market borrowing going up
The govt auditor while analysing the state's public debt management found that the dependence of the state govt has been increasing on mark...
- PSERC fixes capital expenditure plan of Rs 1,450 crore for FY14
Punjab State Electricity Regulatory Commission has fixed the investment plan size of the state power utility at Rs 1,450 cr for 2013-14.
- Punjab gives low priority to expenditure on development: CAG
Comptroller and Auditor General has said that the Punjab government has given "low priority to development expenditure" on keys sectors lik...
Some states may miss fiscal target in FY'12: ICRA"A few state governments may find it difficult to meet the fiscal targets set by the 13th Finance Commission in 2011-12," ICRA said.
- Spice Comm IPO opens today
The company is offering 11.31-crore equity shares of Rs 10 each through the 100% book building route.