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Articles for Outlays

Automakers hit ‘significant storm,’ as buyers reject lofty prices at time of huge capital outlays
5 months, 2 weeks ago

Automakers hit ‘significant storm,’ as buyers reject lofty prices at time of huge capital outlays

Associated Press  

DETROIT — Investors are punishing automakers’ stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles. Tavares said the company’s prices are too high, causing potential buyers to leave showrooms without hearing about low-interest financing and other …

Vehicles Prices Interest Rates Interest High Average Vehicle
New private investments dropped over 15% in 2023-24; States led capex growth
8 months, 4 weeks ago

New private investments dropped over 15% in 2023-24; States led capex growth

The Hindu  

Fresh investment plans by the private sector fell 15.3% in 2023-24, while foreign investors slashed new outlays by almost a third, dragging down the value of new investment announcements in the country almost 5% from the all-time high of almost ₹37 lakh crore recorded in 2022-23. Manufacturing’s share in new investments, declined from almost 54% in 2022-23 to 33.8% of …

States Investment Investments Projects State Sector Lakh Crore
New investments slid 46% in Q3 as manufacturing, infra outlays shrank
1 year ago

New investments slid 46% in Q3 as manufacturing, infra outlays shrank

The Hindu  

Fresh investment plans almost halved between October and December 2023 from the previous quarter, with public capital expenditure projects tripping at a faster pace of almost 60%, while proposed private sector outlays fell 35%. While new road projects slumped 56%, with 194 projects worth ₹25,904 crore, fresh railway investment plans plummeted by a much sharper 92.2%, with only 28 new …

States Investment Investments State Crore Central Plans
New investment slowed again in Q2 of FY24, drops by 13%
1 year, 2 months ago

New investment slowed again in Q2 of FY24, drops by 13%

The Hindu  

Fresh investment announcements in the July-to-September quarter, the second quarter of 2023-24, have dropped to ₹6.9 lakh crore, 13% lower than the first quarter, and 21.5% down from a year ago, driven by a sharp dip in proposed outlays by the Union government and foreign investors, and a broad-based contraction across the manufacturing, mining, infrastructure, and electricity sectors. A total …

States Investment Lakh New Projects Second Quarter Projects Worth Crore 13
Chip tactics: on India’s bid to attract major global chip manufacturers
1 year, 5 months ago

Chip tactics: on India’s bid to attract major global chip manufacturers

The Hindu  

The government has made a fresh bid to attract major global chip manufacturers into the country. At the Semicon India summit last Friday, Prime Minister Narendra Modi told prospective investors that the government had drawn on their suggestions after the first such conference last year, and taken pro-active decisions to address areas of concern. Ahead of Mr. Modi’s U.S. State …

India Billion Micron Global Chip
An open letter to Sonia Gandhi: Does decrease in MNREGA outlays equal 'a silent strike on India’s poor'?
1 year, 11 months ago

An open letter to Sonia Gandhi: Does decrease in MNREGA outlays equal 'a silent strike on India’s poor'?

Firstpost  

Contrary to Sonia Gandhi’s unfounded allegation, the decrease in demand for MNREGA is actually a reflection of sustained growth in real GDP and the growth of remunerative jobs, leading to an increase in per capita incomes Alas, despite India being a mature and vibrant democracy, what we lack is constructive opposition. Coincidentally, Gandhi’s critique also comes at a time when …

India Growth Gandhi Poor Crore Cent Increase
Telangana finance minister presents 2023-24 Budget in Assembly, outlays Rs 2.90 lakh Cr expenditure
1 year, 11 months ago

Telangana finance minister presents 2023-24 Budget in Assembly, outlays Rs 2.90 lakh Cr expenditure

India Today  

Telangana Finance Minister T Harish Rao on Monday introduced the Budget in the Assembly with an expenditure outlay of Rs 2,90,396 crore for 2023-24. The Finance Commission recommended a special grant of Rs.723 crore to Telangana and an amount of Rs 171 crore towards nutrition to ensure that the tax devolution should not be less than the amount of devolution …

Telangana Crore Expenditure
A balance between capital outlays and fiscal prudence
1 year, 11 months ago

A balance between capital outlays and fiscal prudence

The Hindu  

The Budget comes at a time when the government faces a delicate balancing act between expenditure priorities and the need for fiscal prudence as it is the last full Budget before the general elections. There are five issues that need to be analysed in this Budget — three from a growth and fiscal stability perspective and two from a welfare …

Finance Growth Budget Crore Sector Need Tax Revenue
US consumer spending rose more than expected in June
3 years, 5 months ago

US consumer spending rose more than expected in June

Al Jazeera  

As more places reopened and people got COVID-19 jabs, consumers confidently spent money at restaurants and stores. U.S. personal spending accelerated more than expected in June, reflecting a ramp up in outlays on services, while a closely watched inflation measure continued to climb. A separate report on employment costs Friday showed private-industry wages rose 3.5% from the second quarter of …

Service Month Rose Inflation Spending