[ad_1] 2 min read Last Updated : Apr 16 2024 | 3:40 PM IST State-owned CIL on Tuesday said its capital expenditure increased by 6.5 per cent to Rs 19,840 crore in FY24. The company’s capital expenditure was Rs 18,619 crore in FY23, Coal India Ltd (CIL) said in a statement. It … Read more
[ad_1] The government should leverage the rally in shares of public sector enterprises (PSUs) to maintain the pace of capex while at the same time reducing its fiscal deficit, Axis Asset Management Company (AMC) has said in a note. “By divesting in a staggered manner, reducing their holdings by 300 basis points each … Read more
[ad_1] Premium Illustration: Ajay Mohanty The Indian economy is now the toast of the world, with one of the highest economic growth rates among major economies. The improvement in India’s headline GDP comes at a time when major global economies are experiencing an economic slowdown due to factors like monetary tightening by central banks, … Read more