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CAPITAL EXPENDITURES
CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
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 ...
How Adani’s $125 billion capex boom is creating new winners on Dalal StreetAdani Group's massive investments in infrastructure are proving advantageous for various publicly traded companies. These affiliates are no...
World Bank's IFC, HDFC AMC invest in Molbio Diagnostics' Rs 281 crore IPO anchor roundMolbio Diagnostics raised Rs 281 crore from anchor investors, including World Bank Group's IFC and HDFC Mutual Fund, ahead of its Rs 940 cr...
India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman saysIndia's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This ...
Airtel’s Nxtra steps up data centre push with two stake dealsNxtra Data is acquiring stakes in Rochak Systems and Rovision Tech Hub. This move aims to expand its data centre capacity significantly ove...
Alphabet seeks up to $25 billion in US bond sale to fund AI spendingIn a strategic move, Alphabet is aiming to raise $20 billion to $25 billion through a US bond offering, occurring shortly after a significa...
Alphabet seeks up to $25 billion from its latest bond sale: BloombergAlphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital sp...
Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's whySpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the Apri...
UP government presents first supplementary Budget worth Rs 59,019.54 crore amid Samajwadi Party protestUttar Pradesh tabled its first supplementary Budget for 2026-27, seeking additional expenditure of over Rs 59,000 crore. Proceedings were d...
Centre releases Rs 1.09 lakh crore to states, advances August tax devolutionThe August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...
China emerging as long-term AI winner despite semiconductor market volatility: JefferiesChina leads the artificial intelligence race, particularly in consumer markets. Global semiconductor stocks face volatility, nearing 200-da...
SAIL exceeds Q1 capex target from Rs 2,306 cr to Rs 2,575 crSteel Authority of India exceeded its capital expenditure target for the first quarter. The company chairman highlighted contained borrowin...
Coal India Ltd to fire up capex with ₹68,000 cr spendCoal India plans a significant capital expenditure of ₹68,000 crore over four fiscal years. These investments will focus on capacity expans...
Coal India's Q1 capex rises by 16.64% to Rs 3,399 croreCoal India's capital expenditure rose sixteen point six four percent to three thousand three hundred ninety-nine crore rupees. Land acquisi...