capex

CEAT lines up ₹1k-cr capex in FY25, flags margin woes

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CEAT lines up ₹1k-cr capex in FY25, flags margin woes

RPG Group company CEAT has outlined a capital expenditure of ₹1,000 crore for the current fiscal even as it sees margin pressure continuing for another quarter due to consistent increase in the price of natural rubber, said managing director Arnab Banerjee.India imports almost half of its requirement of natural rubber, the price of which is … Read more

Capex Sees Three-Fold Rise Compared To 2020, Roads, Railways Major Beneficiaries: Economic Survey

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Capex Sees Three-Fold Rise Compared To 2020, Roads, Railways Major Beneficiaries: Economic Survey

To overcome the pandemic-driven economic slowdown, the Union government focused on increasing capital expenditure aimed particularly at creation of high quality physical and social infrastructure facilities, said the Economic Survey 2023-24 tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on Monday. Keeping the momentum going over the past five years, … Read more