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Eco Buzz
21 States lag in capex targets
Markets
Elections slow capex order inflows
SMIDs on declining path
Next 3 qtrs challenging for mkts
Don’t ignore slippages’ threat amid fiscal deficit ‘under control’ euphoria
Industry
Steel, cement require Rs 47L cr investment
Economy
Going forward, fiscal consolidation targets will make public capex growth seen in past few years unsustainable: Goldman Sachs
Energy
Power Grid Corp board okays raising up to Rs 2,250 crore via bonds to fund capex
India will clock 6.5% GDP growth in FY24
Demand for cement likely to slow down
Roca India plans Rs 200 crore capex in 2023
Govt should incentivize pharma industry to offset QR code capex
