Capex on new projects declines further in Q2

Expenditure on new projects slowed down for the second quarter in a row amid an uncertain global environment and higher borrowing costs. Illustration: Dominic Xavier/Rediff.com There were new......

New projects drop for 2nd straight quarter

New projects fell 6.3 per cent in the December quarter compared with the September quarter. Illustration: Uttam Ghosh/Rediff.com The value of new projects in the just-concluded quarter was Rs 2.1......

Pandemic deals major blow to capex, spending down 88%

While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre......

India's manufacturing capacity utilisation declines to the lowest ever

Industry players said they were indeed seeing a serious fall in capacity usage, though some sectors were seeming to prevent further fall in the overall capacity utilisation. Capacity utilisation......