Centre’s FY27 capex seen topping Rs 12 lakh crore: SBIGovernment capital spending is set to surge past Rs 12 lakh crore by FY27. This marks a significant increase, reflecting a strong focus on ...
Central govt capex likely to slow in rest of FY26 as spending front-loaded in first half: Morgan StanleyThe central government's capital expenditure (capex) is expected to slow in the remaining part of FY26 as a large part of the spending was ...
CPSE Capex reached 74.5% of target by December, set to exceed annual target by fair marginThe Capex for the month of December alone increased by 9.28% to Rs 70,000 crore, with many enterprises exceeding their annual budget target...
Capex by CPSEs, four key government agencies declines 23% y-o-y in JulyCapital expenditure by large central public sector enterprises moderated in July, declining 23% year on year to ₹53,406 crore, attributed p...
By Feb-end, CPSE capex at 94% of full-yr target led by Oil cos and NHAICapital spending by major central public sector enterprises (CPSEs) and other government entities surged in the last three months, reaching...
Parliamentary standing committee flags slow capex of steel and mines PSUsThe parliamentary committee highlighted underutilization of capital expenditure by CPSEs in the Steel and Mines Ministries, noting many hav...
PSU stocks: New rules for share buyback, bonus issue, stock split and dividendThe finance ministry has updated capital restructuring guidelines for non-bank public sector enterprises (PSUs) to ensure optimal fund util...
CPSE capex up 33% by H1 of FY24, touches Rs 3.79 lakh croreThe capital expenditure by central public sector enterprises has already crossed 52% of their budget expenditure for the current financial ...
Finance Ministry asks civil aviation ministry, DoT to expedite capexDuring the meeting, progress of capital expenditure, implementation of infrastructure projects and asset monetisation plans with the Minist...
Why govt is pushing PSUs to shell out large dividendsThe department has asked all CPSEs to consider giving “at least 90% of the projected annual dividend in one or more instalments” as interim...
Finance Minister Nirmala Sitharaman pushes large CPSEs to meet 75% of FY21 capex target by DecemberThe FM held a virtual meeting with secretaries of coal and petroleum & natural gas, along with the chairman and managing directors (CMDs) o...
Finance Minister Sitharaman urges CPSEs to perform better in third capex review meetingSitharaman met with the secretaries of the ministries of defence, shipping, road transport and highways, housing and urban affairs and the ...
CIL lines up Rs 10,000 crore capex for 2020-21CIL spent Rs 810 crore on its capital expenses in the April-June period
Government tells PSUs to clear all dues by October 15The Finance Minister met with 32 CPSEs in the capital to discuss outstanding payments
Inspect PSU dividend exemption requests: Finance Ministry tells advisorsIn a strict instruction to the financial advisors, the Finance Ministry has asked them to vet the proposal from CPSEs thoroughly and see if...
- Govt to set up public sector land management committee
The government plans to set up a Committee for the creation of a data-bank of unutilised land currently in possession with Central PSEs (CP...
- Government authorises NIF to buy shares of PSUs
The NIF will also be used to recapitalise PSU banks and public sector insurance companies, an official release said.