New Delhi, Feb 5 (IANS) India’s fiscal strategy has undergone a clear and deliberate shift over the past decade, with the expenditure mix increasingly oriented towards capital-led growth, according to a new report.Notably, the FY27 Budget reinforces this trajectory, reflecting the government’s conviction that durable growth, private investment crowding-in, and macroeconomic stability are best achieved through sustained public capital formation rather than short-term fiscal stimulus. As a res…
Latest Capital Expenditure News & Updates
New Delhi, Feb 2 (IANS) Retired IRS officer and former Assistant Director of the Enforcement Directorate, Anil K. Rawal, on Monday described this year’s Union Budget as a positive and forward-looking policy document that focuses on long-term economic stability rather than short-term market reactions.Speaking to IANS on the budget, Rawal said people should not judge it based on stock market movements.”The budget clearly reflects the government’s direction and long-term priorities,” Rawal told…
New Delhi, Feb 2 (IANS) Robust consumer spending and public investments will maintain India’s real GDP growth at 6.7 per cent in fiscal 2027 and 7 per cent in fiscal 2028, S&P Global Ratings said on Monday, adding that the Union Budget reinforces its expectation of gradual fiscal consolidation.The global ratings anticipates that these growth rates continue to place India above sovereign peers at similar income levels and should continue to support fiscal revenue increase.The central governme…
New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman on Monday said that the government is set to introduce the Insolvency and Bankruptcy Code (IBC) Amendment Bill in the second half of the Budget session, beginning March 9.Addressing a press briefing, a day after presenting the historic reform-oriented Budget 2026-27, she said that the pace and direction of disinvestment should set the tone for revenue generation in the coming years.”Going forward, there will be a lot more divestment. Sp…
New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a “long‑term vision at the forefront” by increasing capital expenditure and improving the expenditure mix, a report said on Monday.The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage.Immediately after the Covid-19 pandemic, the primary focus was on ramping up infrastructure spending and mitigating pandemic impact on growth a…
New Delhi, Feb 2 (IANS) Union Budget 2026‑27 marked a “pragmatic approach” with “no fireworks,” laying the groundwork for a stable medium‑term growth environment, without focusing on immediate catalysts for equity markets, a report has said.Global Brokerage Jefferies India in the report lauded the renewed emphasis on capital expenditure, particularly in defence, which was enabled by slower fiscal consolidation.The brokerage also welcomed support for data centres and electronics compo…
New Delhi, Feb 2 (IANS) A likely boost to capex, services sector growth and AI in the Union Budget, along with slightly slower than expected fiscal consolidation, will likely support FY27 earnings, further helped by increased demand for equities through buybacks, Morgan Stanley has said.The Budget balances debt-to-GDP reduction with slow fiscal consolidation and support for growth through both cyclical and structural measures.“We remain constructive on Indian equities – Overweight Financials…
New Delhi, Feb 1 (IANS) The Union Budget for 2026-27 tabled by Finance Minister Nirmala Sitharaman in Parliament on Sunday estimates the Gross Tax Revenue (GTR) at Rs 44.04 lakh crore, which represents a growth of 8.0 per cent over the revised estimate (RE) 2025-26.Direct Taxes, which include corporate tax and personal income tax, estimated at Rs 26.97 lakh crore, are the major contributors, constituting as much as 61.2 per cent of total gross tax revenue. Indirect taxes are estimated at Rs 17.0…
New Delhi, Feb 1 (IANS) Defence Minister Rajnath Singh on Sunday welcomed the Union Budget 2026 and expressed gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for the allocation of Rs 7.8 lakh crore for the defence sector.He said that following India’s historic success in the recent Operation Sindoor, this budget has reaffirmed the Central government’s resolve to further strengthen the country’s defence system.Finance Minister Nirmala Sitharaman announced an allo…
New Delhi, Feb 1 (IANS) The Union Budget for 2026-27 provides an allocation of Rs 1.4 lakh crore to the states as Finance Commission Grants based on a 41 per cent share of the devolution.Presenting the Union Budget 2026-27 in Parliament on Sunday, Finance Minister Nirmala Sitharaman said: “The government has accepted the recommendation of the Commission to retain the vertical share of devolution at 41 per cent. As recommended by the Commission, I have provided Rs 1.4 lakh crore to the States for…