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Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).
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India can achieve its 5 MMT target through blending, strategic sector selection and leveraging public procurement, Bain & Company, CII and Rocky Mountain Institute say in the report
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On May 29, a federal appeals court temporarily reinstated President Donald Trump's tariffs.
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India on Wednesday carried out strikes on nine sites in Pakistan-occupied Kashmir and Pakistan, marking its deepest strikes inside Pakistan in decades
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Rami Kaushal, CBRE's managing director for consulting and valuation services in India, Middle East and Africa, said that India has a lot of appetite for real estate, across all asset classes, including residential, offices, and logistics and industrial.
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CII noted that the wide-ranging joint statement and initiatives announced during the visit under the framework of US-India COMPACT have set a clear forward-looking agenda for India-US relations, creating new opportunities for Indian industry and economic growth.
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The Confederation of Indian Industry (CII) also sought an increase in the unit costs under the PMAY-G and PMAY-U schemes, which have not been revised since the scheme’s inception
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Priority Sector Lending is a policy tool aimed at ensuring that key sectors crucial to the nation’s development receive adequate financial support.
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While it is not easy to compete with a manufacturing sector that’s 20 years ahead, the good news was that consumers across the world were getting tired and they want change, says Agrawal
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Under the National Adaptation Fund for Climate Change, projects worth more than Rs 847 crore have been sanctioned in 27 states and union territories, the minister has said
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“We are at this stage not necessarily ruling out that it could be very temporary or mundane or something more serious. These developments may have longer-term implications for urban household income, consumption, and savings patterns compared to pre-COVID times."
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For our GDP and exports to grow, we need to focus on digital literacy, says Barthwal
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Private sector is also starting to deploy its capital, and that will continue. Capital formation as a share of GDP is likely to be 35 percent in five years from 30.8 percent, says Anantha Nageswaran
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In preparation for this, the forthcoming budget could lay out a glide path to bring the central government's debt to below 50 per cent of GDP in the medium term (by 2030-31), and below 40 per cent of GDP in the long term, CII has suggested.
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Union Budget 2025-26 is an opportunity to reinforce India’s stability and create a blueprint for a prosperous, equitable, and technologically advanced country, the industry bodies told revenue secretary.
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CII Financing 3.0 Summit: Role Of Indian Banking In Financing India’s Growth With Dinesh Khara, former chairman, State Bank of India. Moderated by Latha Venkatesh
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Time has come to set up Indian owned economic zones in Africa, said Dammu Ravi, Secretary (economic relations), Ministry of External Affairs.
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Talks were held with Tata Sons' Chandrasekaran to set up a TCS development centre in Vizag, along with a plan to ramp up air connectivity with Air India and Vistara, Chief Minister Chandrababu Naidu said.
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Catch the Special Ministerial Plenary from the CII BIMSTEC Business Summit 2024! This key session brings together leaders and stakeholders to discuss actionable plans for a sustainable business environment, explore collaboration sectors, and identify project opportunities for increased private sector involvement. Discover the strategies and insights driving regional economic growth and cooperation.
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An upward revision of MNREGA minimum wages and increase in Direct Benefit Transfer amount in schemes such as PM KISAN was also suggested.
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The industry association CII expects the new coalition government to look at significant areas of reform to be taken forward which fall at the intersection of centre and state, like land, labour, agriculture, power and even fiscal sustainability at a “consolidated level”.
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The industry body also said it does not see compulsions of coalition politics hampering the reforms in the third term of Prime Minister Narendra Modi. Instead, it believes that the performance of Indian economy and the success of policies in the previous two stints would set the base to accelerate the process.
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Puri noted that skilling is a critical area and given India's demographic, the share of formalised skilling has to go up significantly, as it's quite low.
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While speaking at a CII Annual Business Summit, Ministry of Electronics and IT (Meity) Secretary S Krishnan said the government is looking to set up at least 10,000 graphics processing unit (GPU) based compute capacity in the country soon.
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Uday Kotak and KV Kamath On Financing Future Growth At CII Business Summit 2024.
