Central govt capex likely to slow in rest of FY26 as spending front-loaded in first half: Morgan Stanley
New Delhi [India], January 13 (ANI): The central government's capital expenditure (capex) is expected to slow in the remaining part of FY26 as a large part of the spending was front-loaded in the first half of the fiscal year, highlighted a report by Morgan Stanley.
From a cyclical perspective, the report noted that a substantial portion of the annual allocation has already been utilised, which may result in a so