← Top stories
Data● Neutral for Indian equities
H1 digest: New capex proposals rise, but momentum plunges in September quarter
The brief
- Headline project announcements rose 33% in H1 of fiscal 2027
- A sharp decline in the September quarter exposed uneven recovery
- Uneven project momentum may weigh on infrastructure and capital-goods companies
- Fiscal deficit reaches ₹7.1 lakh crore, or 41.9% of FY27 target, by August
- Govt’s Rs 1 lakh crore deep-tech fund hits pause, TDB halts fresh applications
- SRIT India launches ₹218.40-crore IPO as GMP estimates vary
- Burnham hints at new taxes in UK for social reform
- Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?