New Delhi, Jan. 13 -- 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 softer pace of expenditure in the coming months.

It stated "we anticipate a slowdown in central government capex for the remaining part of FY26, given capex spending was front-end loaded in F1H26".

According to the report, central government capex touched Rs 6.6 lakh crore (trillion) in FYTD26 (April-November), which is around 58.7 per cent of ...