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Tuesday, May 07, 2024 | Last Update : 04:12 PM IST

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Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Effective competition important for fostering innovation: CEA

IBC has catalysed the recovery of around Rs 3 lakh crore from various default cases.

01 Mar 2019 1:55 PM

'Effective steps' on anvil to deal with frivolous bids under IBC, says official

Srinivas also said a time would come when the Code becomes the last resort to deal with stressed assets.

26 Feb 2019 2:18 PM

Managing Director of Apeejay Surrendra Park Hotels Ltd, has been elected as Chairman of CII West Bengal State Council for 2019-20.. (Photo: File)

Park Hotels MD Nijay Dewan new CII Bengal chairman

Mehul Mohanka, Managing Director & Group Chief Executive Officer of Tega Industries Ltd was elected as deputy chairman for the next fiscal.

23 Feb 2019 7:17 PM

The minister said by 2030, the country is expected to become the third largest economy in the world with a huge middle class. (Photo: File)

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:29 PM

The relaxation in recognition of an entity as a startup by increasing the turnover limit to Rs 100 crore from Rs 25 crore would go a long way in encouraging new-age entrepreneurship and innovation, said CII Director General Chandrajit Banerjee. (Photo: File)

Govt relaxation in startup norms to encourage investments:CII

We welcome the govt's focussed attention to the startups which are looking towards the government for relief from so-called 'angel tax':CII.

20 Feb 2019 12:43 PM

Around 12 crore people are expected to visit the Kumbh between now and Maha Shivratri on March 4, when the Mela will come to a close on Maha Shivratri day. (Photo: PTI)

‘Kumbh to generate Rs 1.2 lakh crore revenue’, says industry body CII

UP govt has allocated Rs 4,200 crore for 50-day Kumbh Mela this time, which is over thrice the budget of Maha Kumbh in 2013.

20 Jan 2019 3:28 PM

RBI-industry meet: India Inc pitches for rate cut to prop up growth

CII lauded the RBI for steps taken to ease financing challenges faced by the real sector.

17 Jan 2019 5:07 PM

Union Minister Arun Jaitley (Photo: File)

CII wants Centre to raise I-T exemptions to Rs 5 lakh

It suggested to raise of limit of deduction under u/s 80C from Rs 1.5 lakh to Rs 2.5 lakh to provide saving opportunities to public at large.

10 Jan 2019 6:43 AM

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Expects RBI Guv Shaktikanta Das to address liquidity issue urgently: CII

'Govt, in selecting experienced economic expert, has avoided disruption and imparted huge confidence to investors and industry,' CII said.

11 Dec 2018 8:43 PM

WhatsApp and CII will also develop informative content to be distributed among entrepreneurs both in physical and digital formats

WhatsApp, CII collaborate to train SMEs, entrepreneurs in India

WhatsApp and CII will work to enhance business communication for Indian SMEs through CII's SME Technology Facilitation Centre.

29 Oct 2018 1:18 PM

Chinese authorities will hold a meeting in Nov with Indian exporters to address their concerns relating to market access and trade regulations.

China agrees to increase imports from country: Suresh Prabhu

The Indian government is set to boost exports of rice and rapeseed to China to try to narrow this gap.

26 Oct 2018 11:57 AM

Rupee depreciation does not benefit exporters, instead, a stable currency is needed for long term sustainable growth of India's international trade. (Photo: PTI)

Stable currency needed to boost India's international trade: CII

The central bank has been taking various measures to shore up the rupee.

01 Oct 2018 2:12 PM

These have collectively contributed to the robust GDP figures that we saw for June quarter 2018-19.

8.2 per cent GDP growth an outcome of reforms taken by Govt: CII

Increase in private investment and enhanced govt spending will help India garner a GDP growth of 7.3-7.7 pc for the ongoing financial year.

04 Sep 2018 3:59 PM

CII said that Indian origin companies in China have presence across multiple industries headed by manufacturing and followed by healthcare.

India inc to invest more in other nations

As per the UNCTAD report, India’s total cumulative stock of Overseas Foreign Direct Investment (OFDI) amounted to $155 billion in 2017.

25 Jun 2018 1:35 AM

The body has also supported the proposal for the creation of a separate asset reconstruction company for the speedy resolution of stressed assets in the banking sector.

Interest hike to impact India Inc’s capex: CII

Last week, RBI hiked the policy rate by 25 basis point for the first time in four years to curb rising inflationary pressures.

13 Jun 2018 1:50 AM

Industry is expecting the GDP to grow by close to 8 per cent over the next couple of years, as strong reforms process and fiscal prudence have laid a solid foundation for growth, CII said in a report.

Industry expects 8 per cent GDP growth over next 2 years, says CII

CII said Rs 50,000 crore worth of investments have been recently announced.

10 Jun 2018 5:25 PM

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

Indian economy strong, reforms on track: CII

India's economy is robust with GST system having settled down and reforms firmly on the right path.

25 May 2018 2:32 PM

Mittal also made a strong case for reducing interest rates by 100 basis points or 1 per cent to help the industry.

Allow promoters to bid under IBC if not willful defaulters: CII

Non-performing assets in the banking sector were over Rs 8.31 lakh crore at the end of December 2017.

26 Apr 2018 3:09 PM

Kant listed out various measures and also added that after the recommendation, the challenge now lies with the administrative machinery both at the state and municipal level. (Photo: ANI)

Govt sanctions Rs 1200 cr to clear pollution in Delhi

Kant said that for the initiative to be a success, Delhi would require the support of its neighbouring states as well.

26 Feb 2018 3:41 PM

Government has further relaxed the local sourcing norm for India operations. (Photo: PTI)

FDI norm relaxation to help attract more investments: CII

Government on Wednesday permitted foreign airlines to invest up to 49 per cent in debt-ridden Air India.

11 Jan 2018 10:05 AM

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Aakar Patel