expenditure

Govt says 448 infra projects hit by cost overrun of ₹5.55 lakh cr in Oct-Dec

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As many as 448 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by cost overrun of more than ₹5.55 lakh crore during December quarter 2023, an official report stated. The Quarterly Project Implementation Status Report (QPISR) on Central Sector Projects (costing ₹150 crore and above) for the third quarter of … Read more

Retail inflation likely to be high during elections

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Election combined with a heatwave may keep retail inflation, based on Consumer Price Index, at a high level in the coming months. Also read:RBI retains FY25 real GDP projection at 7%; retail inflation at 4.5% Based on 11 months (April-February) figures for fiscal year 2023-24, the average headline inflation has been 5.4 per cent, as … Read more