India may boost FY25 capex by 8-10 pc amid surging revenues and record RBI surplus: Market Kaleidoscope report

New Delhi [India], July 17 (ANI): In response to higher-than-expected tax revenue and a record surplus transfer from the Reserve Bank of India (RBI), the Indian government is considering an 8-10 per cent increase in capital expenditure (capex) for the fiscal year 2025, according to Pantomath Group's quarterly report, "Market Kaleidoscope: Quarterly Market Insights."This adjustment could raise the capex from the previously