Jefferies recommends a 10-12% increase in government capex in the 2025-26 Union Budget to maintain infrastructure development and boost stakeholder confidence. Despite a 16% rise in FY25 capex, actual spending lagged, requiring a 32% surge in the remaining months of FY25. Defence spending is projected to grow at a 7-8% CAGR, driven by domestic manufacturing and exports.
Related news
Indian Railways has upgraded over 23,000 track kilometers to support train speeds of 130 kmph, enhancing connectivity and reducing travel times. They have also improved 54,337 kilometers for speeds up to 110 kmph.
Sebi has launched a certification course focused on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) to enhance understanding among securities market intermediaries. The course covers principles under various legislative acts and promotes awareness of AML and CFT guidelines, aiding compliance. Developed with NISM, this initiative strengthens capital market regulations.
Foreign investors have been selling Indian equities rapidly since the start of 2025, with outflows nearing Rs 1 lakh crore. This sharp shift follows US President Donald Trump's return to the White House, leading investors to favor the American economy.
India's economy is projected to become the fourth largest globally by 2026, surpassing Japan. The PHD Chamber of Commerce and Industry anticipates a GDP growth of 6.8% this fiscal year and recommends tax reforms to boost consumption. They also foresee a 25 basis point rate cut by the Reserve Bank, with inflation expected to decline significantly.
IL&FS Group has declared a Rs 5,000 crore payout to its creditors as part of its debt resolution efforts. The distribution includes Rs 3,500 crore in InvIT units linked to six road assets and Rs 1,500 crore in cash, primarily benefiting large creditors and public funds. This payout aims to significantly reduce the group's outstanding debt.
Companies in India are expected to see an average salary increment of 8.8% in 2025, slightly down from 9.0% in 2024. While 75% of companies aim to maintain or reduce pay hikes due to muted revenue growth, top performers may receive 1.7 times higher increments than average employees, with a focus on optimizing costs and talent differentiation.
Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad due to Musk’s Trump affiliation, impacting its brand. Chinese EV competitors like BYD, XPeng, Nio are advancing rapidly. Future competition hinges not just on tariffs but technological and market dynamics.
Oil prices declined following President Trump's statement about convincing Saudi Arabia and OPEC to reduce crude costs. WTI futures dropped below $75 and Brent below $79. The OPEC and its allies aim to support prices by limiting output with potential plans to gradually revive production starting in April.
LG Electronics India, a subsidiary of LG, has received approval from Sebi for a Rs 15,000 crore initial public offering. This IPO will involve the parent company selling over 10.2 crore shares, representing a 15% stake. The funds raised will go to the South Korean parent company, as the IPO is an offer for sale.
India's solar PV module manufacturing is set to reach 125 GW by 2030, up from 80 GW today. Solar cell capacity will rise to 40 GW. Pralhad Joshi highlighted local manufacturing and government's incentives. India aims to double its renewable energy capacity by 2030 and become a global leader in sustainable energy. Connectivity will reach more villages.