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CAPITAL BUDGETING
TSMC approves $31.28 billion capital budget amid AI-driven chip demand boomTaiwan Semiconductor Manufacturing Company is investing over $31 billion to boost chip production. This expansion supports the growing dema...
Don't put InvITs, REITs on the MATIn India, the backbone of infrastructure funding is built on listed business trusts. However, recent tax reforms have introduced uncertaint...
Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspentParliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant f...
US stocks today: Nasdaq underperforms S&P 500, Dow as AI growth worries hit tech stocksThe Nasdaq Composite saw a decline on Tuesday. Investors are questioning the sustainability of the artificial intelligence boom for tech st...
₹50,000 cr capital spend this year; no fund shortage, says Army Chief General Upendra DwivediThe Indian Army is set to exceed its capital budget, spending close to ₹50,000 crore on new weapons and systems this financial year. This s...
Non-lapsable fund not needed, Grant process changed: Defence secretaryThe non-lapsable fund, which has long been under discussion with even the government accepting in 2021 a Finance Commission recommendation ...
Parliament panel for enhancing Army's capital budgetReferring to the challenges before the Army, the parliamentary standing committee cited proxy wars, in an apparent reference to Pakistan-ba...
RBI rate hike on expected lines; policy focuses more on inflation despite recent moderation: BankersSBI Chairman Dinesh Khara said the continuing strength in US job data has made monetary policy making into a delicate balancing act for eme...
Bigger capex push likely in Budget to support growthThe plan is likely to focus on convergence in capex by the Centre and the states as well as various ministries and departments, apart from ...
Rajnath Singh releases new Defence Acquisition ProcedureIn what is seen as a significant move, the DAP featured measures to reduce delay in procurement of essential items by the three services as...
Budget: 5 basics you need to knowHere are some of the basics you need to know about the Union Budget.
RFP for 57 multi-role combat fighter jets likely by mid-2018: Indian NavyNavy chief Sunil Lanba said that the "form and fit" of the second indigenous aircraft carrier have been finalised and that it will be a 65,...
Defence Ministry struggles to spend capital funds budgeted for modernisation projectsThe Air Force has done well to spend more than 54% of the capital budget of Rs 33,657 cr earmarked for purchase of equipment and weapon sys...
Funds crunch hits military upgradeWhat makes matters worse is that the bulk of the capital outlay will be used to pay “committed liabilities“ of earlier arms contracts inste...
- What are Capital Receipts & Capital Payments?
The Capital Budget consists of capital receipts and capital payments. The capital receipts are loans raised by the Government from the gene...
- What is Public Account?
This fund accounts for flows for those transactions where the government is merely acting as a banker. For instance, provident funds, small...
- What is Union Budget?
The Union Budget keeps the account of the government's finances for the financial year that runs from April 1 to March 31. The Union Budget...
- What is Capital Budget?
Capital payments consist of capital expenditure on acquisition of assets like land, buildings, machinery, and equipment, as also investment...
- On capital budgeting
Studies show that the vast majority of organisations are surprisingly slow to reshuffle their resources.
- Budget 2012: ET in the Classroom explains the process
In a five part series, ET will help readers make sense of the key items of Budget 2012, from revenue account to the much in debate fiscal.