In the Union Budget 2025-26, the government has kept its total capex outlay at Rs 11.2 lakh crore, largely unchanged from the FY25 budgeted estimates. However, the capex for FY25 has been revised downward to Rs 10.2 lakh crore. The allocation for key sectors such as Railways (Rs 2.5 lakh crore) and Roads (Rs 2.7 lakh crore) remained flat compared to the revised estimate for FY25.
Sundaram Alternates floats hybrid fund, to raise Rs 1,500 crore
Sundaram Alternates is launching a hybrid private credit and equity fund targeting ₹1,500 crore, aiming for 18-20% returns. The fund will allocate 51-60% to listed