“All this are clearly putting a spanner on consumption growth. So, consumption growth, which is another core pillar in the last three-four quarters, I think, we do not see any legs for us to surprise positively as we move ahead, especially when it comes to urban consumption demand drivers are concerned,” says Vijayaraghavan Swaminathan, Avendus … Read more
MUMBAI – Stocks in the infrastructure space were mixed, with most of them largely unmoved as the announcements in the interim Budget for FY25 were largely on expected lines. For 2024-25 (April-March), the government has increased the total capital outlay by 11% to Rs 11.1 lakh crore, which was largely expected. This is likely to … Read more
Stating that the Modi government’s commitment to cut fiscal deficit to 4.5% of GDP by FY26 limits the total expenditure growth to about 8% YoY, global investment banking firm Jefferies on Thursday said a potential slowdown in capex in the interim Budget can disappoint investors. “The central government capex has tripled over the last five … Read more
