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India's economy to grow at 6.8% in current fiscal: CII

India's economy to grow at 6.8% in current fiscal: CII

Wed, Dec 06, 2023

Industry chamber CII expects the country's economy to grow at 6.8 per cent

Green-certified office space stock up 36% across top 6 cities since 2019: CBRE-CII report

Green-certified office space stock up 36% across top 6 cities since 2019: CBRE-CII report

Wed, Sep 27, 2023

Real estate consultant CBRE and industry body CII on Wednesday released its report titled, 'Indian Real Estate: Taking Giant Strides - 2023 Mid-Year Outlook' at CII Realty conference here. According to the report, green-certified office stock stood at 251 million square feet in 2019.

Current 14.5 crore air passengers projected to rise to 42.5 crore by 2035: Jyotiraditya Scindia

Current 14.5 crore air passengers projected to rise to 42.5 crore by 2035: Jyotiraditya Scindia

Fri, Sep 01, 2023

Scindia also highlighted how regional air connectivity has made civil aviation more accessible, leading to the emergence of four regional carriers.

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Mega Kumbh Mela to generate whopping Rs 1.2 lakh crore revenue? What industry body CII said

Mega Kumbh Mela to generate whopping Rs 1.2 lakh crore revenue? What industry body CII said

Sun, Jan 20, 2019

The mega Kumbh Mela, which began on January 15 and will continue till March 4, is expected to generate a revenue of Rs 1.2 lakh crore for Uttar Pradesh, says apex industry body Confederation of Indian Industry.

Industry expects Shaktikanta Das to address liquidity issue urgently: CII

Industry expects Shaktikanta Das to address liquidity issue urgently: CII

Wed, Dec 12, 2018

"The announcement enables a smooth transition process and ensures that stability will be maintained. The Government, in selecting an experienced economic expert, has avoided disruption and imparted huge confidence to investors and industry," CII President Rakesh Bharti Mittal said.

CII suggests short term measures to RBI for MSME

CII suggests short term measures to RBI for MSME

Wed, Nov 14, 2018

Industry body CII Wednesday suggested several short-term measures to the RBI for enhancing credit to the micro, small and medium enterprises.

Physical banks will die, physical managers will die: Amitabh Kant

Physical banks will die, physical managers will die: Amitabh Kant

Sun, Nov 04, 2018

"Aadhaar act does not recognise the power of paper. The paper that is used is of no use. The act recognises only biometrics. The paper will again take us to stone age. My strong belief is that India must come up with a privacy law and India must allow private sector to innovate. That is the only way India will move forward," he said.

Quarterly GST returns filing may be extended to all companies

Quarterly GST returns filing may be extended to all companies

Thu, Feb 22, 2018

The government may change the goods and services tax (GST) returns filing periodicity from monthly to quarterly to make it simpler for all businesses to file their taxes.

India Inc expresses disappointment over RBI's policy status quo

India Inc expresses disappointment over RBI's policy status quo

Wed, Dec 06, 2017

India Inc today expressed disappointment over RBI's decision to hold fire, saying there is a need to revive domestic demand and encourage investment through lower cost of capital to crank up growth.

Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley

Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley

Wed, Dec 06, 2017

Corporate India today sought lower tax and more incentives for investments while exporters called for quicker GST refunds at a meeting with Finance Minister Arun Jaitley in the run-up to the last full-year Budget of the NDA government before 2019 general elections.

'Attempts to derail' GST have failed: Arun Jaitley

'Attempts to derail' GST have failed: Arun Jaitley

Tue, Oct 10, 2017

Jaitley said global integration of Indian economy is happening at a time when other economies are becoming more protectionist.

NPA resolution: Urjit Patel calls for recapitalisation of banks

NPA resolution: Urjit Patel calls for recapitalisation of banks

Sat, Aug 19, 2017

Reserve Bank Governor Urjit Patel today called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at 9.6 per cent of the system is not acceptable.

India Inc calls for strengthening policy reforms, job creation

India Inc calls for strengthening policy reforms, job creation

Tue, Aug 15, 2017

Prime Minister Narendra Modi, in his Independence Day speech from the ramparts of the Red Fort, has "outlined a vision of a secure, prosperous and capable nation by 2022".

LIC must pare ITC, L&T stakes to below 15% by Dec 2018: Irdai

LIC must pare ITC, L&T stakes to below 15% by Dec 2018: Irdai

Tue, Aug 08, 2017

These two are considered as non-strategic investments for LIC. While LIC holds 16.29% stake in ITC, it holds 17.97% stake in L&T as of end June.

Ample opportunities in India; no need to worry about tightening visa regime: Cabinet Secretary

Ample opportunities in India; no need to worry about tightening visa regime: Cabinet Secretary

Sat, Apr 29, 2017

However, he observed that "we need not worry too much about the visa restrictions as we will have ample opportunities here itself".

FMCG sector to grow over 15% in three years: CII Bain report

FMCG sector to grow over 15% in three years: CII Bain report

Wed, Mar 08, 2017

Fast Moving Consumer Goods (FMCG) sector is estimated to grow over 15% in the next two or three years, a report titled 'Winning with the Indian Consumer' said.

Budget 2017: Industry, experts want corporate tax slashed to 25%

Budget 2017: Industry, experts want corporate tax slashed to 25%

Mon, Jan 23, 2017

In a bid to attract more investments in the country, both India Inc and analysts are looking for an immediate cut in the corporate tax to bring it down to 25% in the upcoming Union Budget 2017-18 from the current 30%.

Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII

Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII

Fri, Jan 13, 2017

Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.

Industry concerned over economic revival post demonetisation

Industry concerned over economic revival post demonetisation

Tue, Jan 03, 2017

Industrialists on Tuesday expressed their concerns about the revival of the economy post demonetisation in a closed-door meeting with Union Coal Minister Piyush Goyal in Kolkata. The minister met the country's top industrialists at the CII national council meeting.

Industry seeks clarity on Brexit, visa on Theresa May's India visit

Industry seeks clarity on Brexit, visa on Theresa May's India visit

Sun, Nov 06, 2016

The recent decision to impose higher visa fees will primarily affect Indian IT companies.

GST Council Meet: Govt should commit to converge four tax rates into 1 or 2, says CII

GST Council Meet: Govt should commit to converge four tax rates into 1 or 2, says CII

Thu, Nov 03, 2016

As the GST Council begins its two-day fourth meeting on tax rates in New Delhi on Thursday, industry body CII has said that the government should commit to converge the four tax rates into one or two rates.

New development bank to emerge as South-South financial institution

New development bank to emerge as South-South financial institution

Thu, Oct 13, 2016

Besides green projects, Zhu said that NDB will finance other infrastructure projects as well.

Corporate spending on sports likely to take a high jump

Corporate spending on sports likely to take a high jump

Thu, Sep 22, 2016

The Indian sports sponsorship market has only marginally grown over the years as investors did not realize that this industry has a longer gestation period than others, Srinivas Dempo, Chairman and Managing Director Dempo Shipbuilding & Engineering stated at the CII summit on business of spor

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