The central government's capex and 22 states’ capital outlay and net loans down by 19.5 per cent YoY and 4.3 per cent from April to August FY2025, respectively
Read MoreRating agency Icra says that leverage (debt and guarantees) level is likely to rise to 30.0 per cent of gross state domestic product (GSDP) in FY2025 from 29.2 per cent of GSDP in FY2024
Read MoreThe sector is expected to grow at a compounded annual growth rate (CAGR) of 8 to 10 per cent from the financial year (FY) 2024 to FY30, surpassing GDP growth during this period
Read MoreThe expansion is spurred by the government's massive infrastructure push, with plans to invest USD 1.7 trillion in infrastructure projects by 2030
Read MoreThe report highlights that the reduction in fiscal deficit is because of moderate growth in tax revenues and stable government spending
Read MoreThe increase in government capital expenditure and private sector investments has catalysed India's infrastructure overhaul. India's infrastructure development has seen unprecedented progress over the past decade, as per the Moody’s
Read MoreAs per the poll by Reuters, India’s economy grew at the slowest pace in a year at 6.9 per cent in the April to June 2024 quarter. The growth is down from 7.8 per cent in the preceding quarter
Read MoreCrisil Ratings reports that the credit risk of manufacturers is expected to be stable, even though the outlay is 1.8 times higher than the capex in the last three financial years, due to low capex intensity
Read MoreThe Centre has been adjusting allocations, inviting applications and refining schemes to increase the incentive disbursement across all sectors, Icra mentioned in its report
Read MoreAssocham suggests the establishment of MSME universities across India to boost employment generation while enhancing entrepreneurship in the country.
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