CONFEDERATION OF INDIA INDUSTRY

Industry asks govt to pause proposed changes to definition of 'wages'

India Inc has asked the government to put on hold a key proposal in the new wages code that limits employee allowances to 50% of total sala...

India needs multiple bad banks to clean balance sheets of lenders, get credit growth back

The Confederation of Indian Industry (CII) in its pre-budget memorandum recommended that the government consider enabling Foreign Portfolio...

Indian economy to see positive growth from third quarter onward: Tarun Bajaj

“I'm sure that the way the parameters that we are monitoring (are going), it should actually be positive,” Tarun Bajaj said, virtually addr...

India Inc seeks auto trigger for safeguard duty on import of capital goods

In its proposal to the commerce and industry ministry, industry has also sought a 25% depreciation for capital goods and a weighted deducti...

Global trade disrupted by Covid, US-China trade war: Pradeep Mehta, Secretary General, CUTS

Pradeep Mehta, Secretary General, CUTS International (Leading public policy body) was moderating a webinar organised by CUTS International,...

The target is to create 5 crore more jobs in the next 5 years: Nitin Gadkari

Stating how the GDP contribution from rural, tribal and 115 aspirant districts is negligible, the minister said that this is the time for M...

Big scope for strengthening bilateral cooperation between India and New Mexico: Ambassador Sandhu

Sandhu said that the US has traditionally been an important investment destination for Indian companies. The favourable business environmen...

Bharat Biotech's intranasal vaccine to enter phase I/II trials by month-end

Vaccine producer Bharat Biotech International (BBIL) could begin phase I/II human clinical trials for its single-dose intranasal vaccine ca...

Early onset of winter brings cheer to country’s Rs 3,000 crore thermal wear industry

"Demand for thermals has reached last year's level. Early winter has helped us to achieve these numbers,” said KB Agarwala, managing direct...

CCI trains its focus on PE investments across sectors in India

“Since many of these PE investments are in multiple firms of the same industry leading to product market overlaps, the issue of common owne...

View: India heads down right path of economic recovery

India went into the Covid-19 pandemic with a certain factor market design and regulatory architecture in place. But it should emerge out of...

India can attract $120-160 billion FDI annually by 2025: CII-EY report

As per the report, India has observed a GDP growth of 6.8% in the current decade, with FDI to GDP at around 1.8%. Adopting an approach of r...

Government to consider process re-engineering, look beyond Delhi, Mumbai for Ease of Doing Biz: DPIIT Joint Secy

India’s quick rise to the 63rd spot in World Bank’s Ease of Doing Business index mainly deals with resolving the regulatory issues in Delhi...

India likely to report current account surplus for current fiscal year: CEA Krishnamurthy Subramanian

Demand for imports has fallen amid the COVID-19 pandemic, coupled with recent economic reforms initiated by the government to boost manufac...

Govt undertook 3-pronged approach to tackle COVID-19: Health secretary

Speaking at the inaugural session at Asia Health 2020 organised by the Confederation of Indian Industry, Union Health Secretary said a "who...

India-Indonesia joint working group on coal holds discussions

The ministry made presentations on Indian coal policy reforms, coking coal exploration and commercial mining, followed by presentations by ...

Direct selling should be governed by commerce ministry: CAIT to Piyush Goyal

In a letter to Commerce and Industry Minister Piyush Goyal, the Confederation of All India Traders (CAIT) said, "We are of the considered o...