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CII comes out with new index to assess Central, state budgets

The index has been constructed using UNDP's Human Development Index methodology, CII said, adding the proposed composite index of fiscal performance comprises six components for holistic assessment of the quality of government budgets.

Jun 06, 2019, 10:45 AM IST

India should think big and envision 10% GDP growth rate: CII President

With GDP growth moderating in the last quarter, the CII President emphasized four key drivers for reinvigorating the growth rate, namely boosting consumption, investments, public expenditure on social and physical infrastructure and net exports.

Jun 03, 2019, 15:54 PM IST

Kumbh will generate revenue of Rs 1.2 lakh crore for UP, give jobs to over 6 lakh workers: CII

Around 12 crore people are expected to visit the Kumbh till March 4, when the Mela will come to a close.

Jan 20, 2019, 14:11 PM IST

Economy on recovery path, investments likely to pick up: CII

CII President Rakesh Bharti Mittal said the impact of sustained structural reforms is now being felt on the ground as a mammoth economy is turning around.

May 28, 2018, 15:15 PM IST

Indian economy strong, reforms on track: CII

The government is set to enter the final year of its term before the 2019 Lok Sabha Elections on May 26.

May 25, 2018, 15:23 PM IST

Govt plans to develop 2 lakh km of highways, 12 expressways: Nitin Gadkari

Union Minister Nitin Gadkari on Saturday said that government plans to develop 2 lakh km of highways and 12 expressways across the country.

Mar 24, 2018, 22:50 PM IST

PNB scam: CII for hi-tech control systems, privatising PSBs

The CII has called for a gradual decrease in government holding in public sector banks (PSBs).  

Feb 25, 2018, 23:22 PM IST

Financial conditions deteriorate in January-March: CII–IBA report

An index mapping the country’s short-term financial conditions has plunged over 12 points for the fourth quarter of the current fiscal ending March 31, as compared to the previous quarter. 

Feb 18, 2018, 19:47 PM IST

CII calls for inclusion of petroleum and natural gas under GST

GST has been rolled out from 1 July 2017 by subsuming most of the Central and State indirect taxes into a single tax.

Jan 17, 2018, 10:58 AM IST

Smaller cities outpace metros in retail realty investment; $6,192 mn infused since 2006: Report

The report identifies 20 cities including tier 2 cities as the next retail destinations in the country.

Dec 01, 2017, 16:42 PM IST

Indian companies create 113K jobs in US: Report

Indian companies have also contributed USD 147 million towards corporate social responsibility.

Nov 15, 2017, 13:20 PM IST

Singapore offers help to promote RuPay card overseas

The RuPay card is a digital payment platform whose benefits include lower transaction cost as the processing is done within India, which also leads to faster transactions.

Nov 01, 2017, 18:42 PM IST

Commerce ministry to set up regulatory review committee under DIPP

The ministry has also decided to take regular feedback from the industry on implementation of measures on ease of doing business.;/;

Sep 26, 2017, 18:17 PM IST

CII wants new industrial policy

The meeting was described as a courtesy call, a government release said.

Jul 17, 2017, 18:10 PM IST

GST to widen tax net, make India Inc more competitive: CII

The GST rollout will impart major competitiveness to Indian industry, incentivise exports and help expand the tax net, CII said.

Jul 02, 2017, 12:18 PM IST

Lower interest rate can help reap full benefit of cash ban: CII

India Inc has invoked the demand supply dynamics, calling for lower interest rates for private investment to pick up that will help the government achieve full benefit of cash ban.

May 14, 2017, 16:11 PM IST

NPA norms welcome, will force decisions: Axis' Shikha Sharma

Axis Bank MD and CEO Shikha Sharma today welcomed changes in NPA resolution as moves that will "force" decisions by cutting layers, and also said the bank is looking for one more life insurance distribution tie-up.

May 11, 2017, 16:44 PM IST

India can achieve 10% GDP growth by FY20: CII

India can achieve a gross domestic product (GDP) growth of 10 percent by fiscal year 2019-20 on the back of tremendous opportunities available in the economy, Confederation of Indian Industry said on Wednesday.

May 04, 2017, 17:50 PM IST

Biz confidence hits record high with companies upbeat on economy:CII

With companies being optimistic that economic activities will gather pace this year, the CII Business Confidence Index soared to an all-time high in the Jan-March quarter.

Apr 09, 2017, 16:56 PM IST

Focus of Budget is on tax compliance: CBDT

The Union Budget 2017-18 focuses on increasing tax compliance while at the same time safeguarding the honest tax payers from any harassment, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said on Monday

Feb 06, 2017, 19:24 PM IST