Indian Railways Allocates 76% of Budget for the Current Fiscal

09 Jan 2025 CW Team

Indian Railways announced that it had utilised 76 per cent of its allocated budget during the first nine months and four days of the current fiscal year. The most recent expenditure report, dated January 5, 2025, indicated that a significant portion of the budget is being directed towards capacity enhancement to improve train travel experiences across India.

Indian Railways stated that it is pursuing a vision of transformative governance to create a modern, well-connected India. The organisation has been at the forefront of efforts to build an inclusive nation by investing in infrastructure, technology, and sustainable practices.

The release also mentioned that, due to the complexity of India, it is challenging for any organization to manage current demands while simultaneously making heavy investments for the future. However, with a capital expenditure of Rs 11.98 billion in the first four days of this calendar year, Indian Railways' overall capital expenditure had reached 76 per cent with nearly three months remaining in the fiscal year.

The budget details revealed that the total capital expenditure for railways in the 2024-25 budget estimate is Rs 2.65 trillion, with a Gross Budgetary Support of Rs 2.52 trillion, out of which Rs 1.92 trillion had already been spent.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..