Investments by central agencies & CPSEs decline 10% in Apr-Nov
Financial Express Kochi|January 07, 2025
INVESTMENTS BY CENTRAL government agencies and central public sector enterprises (CPSEs) fell 10% on year to ₹4.41 lakh crore in April-November of the current financial year as the railways and the National Highways Authority of India (NHAI) were yet to regain the capex pace after election-induced slowdown.
PRASANTA SAHU

Investments by the railways and NHAI are largely funded through the Budget. Both entities accounted for 55% of the CPSEs' capex target for FY25. The slowdown in their capex has also affected the Centre's capex, which fell 12% in April-November. In April-November 2024, the Railway Board's capex fell by over 12.5% to ₹1.49 lakh crore while NHAI investments dropped by 9.7% to ₹1.04 lakh crore.

Diese Geschichte stammt aus der January 07, 2025-Ausgabe von Financial Express Kochi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der January 07, 2025-Ausgabe von Financial Express Kochi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS KOCHIAlle anzeigen
Financial Express Kochi

Trump comeback: Honda to go slow on new EVs

HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.

time-read
1 min  |
January 09, 2025
Financial Express Kochi

Flying taxis are on the horizon

Taking Commuting To New Heights

time-read
3 Minuten  |
January 09, 2025
Financial Express Kochi

Bid for 2036 Olympics takes pan-India route

● Bhubaneswar, Bhopal, Pune to join Ahmedabad

time-read
3 Minuten  |
January 09, 2025
Financial Express Kochi

Pritish Nandy dies at 73

Veteran journalist, poet and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.

time-read
1 min  |
January 09, 2025
Financial Express Kochi

Foxconn, Dixon Urge Govt to Pay ₹700 Cr in Pending PLI Subsidies

The government is reviewing the two requests, the people said.

time-read
1 min  |
January 09, 2025
Financial Express Kochi

Swiggy serves Snacc to take on Zomato in 15-minute delivery

This dedicated app strategy mirrors competitors like Zomato's Bistro by Blinkit and Zepto Cafe, which also operate as standalone platforms.

time-read
1 min  |
January 09, 2025
Financial Express Kochi

AI Policy to Get a Shot in the Arm

Like in other parts of the world, there are concerns that AI may reshape the Indian job market by creating new opportunities while also posing challenges such as job displacement due to automation.

time-read
1 min  |
January 09, 2025
Financial Express Kochi

India seeks NRI participation in 'Viksit Bharat'

THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).

time-read
1 min  |
January 09, 2025
Financial Express Kochi

Oil pares gains on dollar strength

OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.

time-read
1 min  |
January 09, 2025
Financial Express Kochi

Searching for global relevance

GCCs focus on skills-based hiring for growth

time-read
2 Minuten  |
January 09, 2025