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Featured News
Infra projects see Rs 5.4 lakh crore cost overrun: MoSPI
India's major infrastructure projects, each exceeding Rs 150 crore, have collectively seen cost overruns reaching approximately Rs 5.4 lakh crore. A government report reveals 1,987 projects are underway, with revised costs now at Rs 42.50 lakh crore against original estimates of Rs 37.09 lakh crore. While many projects are progressing well, this significant financial escalation warrants attention.
Strong balance sheets help India Inc absorb West Asia fallout: Crisil
A stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadly resilient despite a prolonged West Asia conflict, thanks to stronger balance sheets, steady domestic demand and government-led capital expenditure.
