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Data▼ Bearish for Indian equities
Infrastructure projects record ₹2.88 lakh crore cost overrun in August
The brief
- Projects monitored across 17 ministries had cost overruns totalling ₹2,88,122 crore
- Revised project cost reached ₹33,60,069 crore
- Cost overruns may delay government capex, affecting construction, railways and infrastructure firms
- Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?
- Trump seeks to withhold $800 million in Congress-approved funds
- Make in India turns 12: Amit Shah points to record defence output, chip push and Rs 12.22 lakh crore capex