The Central government may not expand its capital expenditure (capex) for the next fiscal year (FY24) to as large a degree as the increase in the previous two Budgets in the belief that private-sector capex is recovering strongly.
For this fiscal year (FY23), the 2022 Union Budget had targeted a capex outlay of ₹7.5 trillion, which is 35.4 percent higher than the FY22 Budget Estimate (BE) of ₹5.54 trillion. And that, in turn, is higher than the FY21 BE of ₹4.12 trillion by 34.5 percent (see chart).
Capex expansion in the Union Budget 2023 could be around 25 percent, Business Standard has learnt. This would take the capex outlay for next year to around ₹9.5 trillion. Even a capex outlay of 10 trillion, if that comes to pass, would be less than the increase in the two preceding years. Union Finance Minister Nirmala Sitharaman will present the Budget on February 1.
هذه القصة مأخوذة من طبعة January 06, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 06, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
EVALUATING FUND PERFORMANCE Exit a fund only if underperformance persists for 8 quarters
During her annual portfolio review, Mignonne D'Souza (name changed on request), a 44-year-old content writer based in Mumbai, found that four of her seven mutual funds had outperformed, while three lagged behind their benchmarks. D'Souza is wondering if she should stick to these funds or exit them.
Zomato serves up mcap bigger than Tata Motors, Bajaj
Stock could be a 'potential doubler in three to four years'
'PARRVA' introduced for verification of risk-return metrics
In a bid to clamp down on individuals and entities making lofty return claims, the Securities and Exchange Board of India (Sebi) has introduced a \"Past Risk and Return Verification Agency\" (PaRRVA), which will be tasked to verify the risk-return metrics of services offered by investment advisors, research analysts (RAS), algorithmic trading platforms, and other such entities.
Regulator brings in new rule to address NFO mis-selling
The Securities and Exchange Board of India (Sebi) has introduced a new rule aimed at putting a stop to unnecessary portfolio churn by distributors to pocket higher commissions, amid rising asset mobilisation through the new fund offer (NFO) route.
Core acquisition adds to Metropolis' long-term growth plans
Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for ₹247 crore.
Euro Pratik eyes ₹700-1,000 cr public offer
Euro Pratik, a prominent player in the decorative wall panel industry, is set to file draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) worth ₹700-1,000 crore, sources familiar with the matter said on Thursday.
Nifty may trade in 25K-28K range in 2025: Smallcase
The benchmark Nifty50 index may move in the range 25,000-28,000 next year, according to a survey conducted by Smallcase of 150 managers on its investment platform. The Nifty on Thursday closed at 23,951.
IKS Health surges 48% on debut
BOOSTER DOSE
Moderate return expectations for '25: HDFC Securities
Domestic brokerage HDFC Securities has told investors to moderate return expectations amidst elevated valuations.
Expensive valuations to keep mkts volatile
Domestic equities have seen selloff this week amid weakening rupee
