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Category Archives: CII

CII – IBA Financial Conditions Index improves to 61.1 in Q1 FY 2016-17

CII

The CII – IBA Financial Conditions Index at 61.1 for Q1 FY 2016-17 shows healthy improvement in the overall financial conditions in the Indian economy vis-à-vis the previous quarter (47.8) reflecting from strong expectations of leading banks and financial institutions of reduction in cost of funds, comfortable liquidity position and better external… Read More

Suresh Prabhu urges corporate sector to use CSR to spur development

CII

The Railways is very keen on seeking Industry participation in the areas of Water Management & Renewable Energy, said Mr. Suresh Prabhu, Minister of Railways. He was speaking at the inaugural session of the National Summit on CSR – Towards Effective CSR: Innovations – Approach and Application, organised by the Confederation of Indian Industry (CII)… Read More

Indian Industry and institutes need to be in equilibrium on research and development

CII

Dr R Chidambaram, Principal Scientific Advisor, and Chairman, Scientific Advisory Committee to the Cabinet delivered the First Dr. APJ Abdul Kalam Memorial Lecture organised by CII and Dr APJ Abdul Kalam International Foundation, in New Delhi. He outlined future areas of research such as big data analytics, high-tech startups, etc and stressed that industry… Read More

Urjit Patel appointed new RBI Governor

The government has appointed Dr Urjit Patel to replace Shri Raghuram Rajan as the RBI governor. Urjit Patel will take charge on September 4, the day Raghuram Rajan completes his three-year term. Rajan had announced in June that he would step down in September and return to academia after a single three-year term at the RBI. Patel has been known as ‘inflation… Read More

India@75 – CII platform brainstorms on key factors for a developed India by 2022

CII

Confederation of Indian Industry (CII) under its initiative India@75 organized a Conclave at New Delhi on 8 August, 2016. The conclave was part of the CII’s nation building agenda being taken forward through its India@75 initiative for creating a developed India by the 75th year of Independence in 2022.

Theme of the Conclave was Focusing on Enablers for … Read More

CII Financial Market Conclave 2016

CII

At a time when India is giving a push to build high-growth economy, robust industrial activity across sectors, create new jobs, a thriving capital market could be a game-changer. That was the consensus of the experts who spoke at the CII organized Financial Market Conclave . According to them, 1% saving in the corporate debt market segment will be a huge boost… Read More

Passage of GST Bill signifies a Landmark Reform on Indirect Taxes for Economy

CII welcomes the passing of the Constitution (One Hundred Twenty Second Amendment) Bill 2014 related to the Goods and Services Tax (GST) by the Rajya Sabha on 3 August 2016.

“GST is India’s most significant tax reform in decades. GST, when implemented, is expected to usher in a harmonised national market of goods and services and shall leadRead More

MoU signed between Railways and CII on Green Industrial Units

In the august presence of Minister of Railways Shri Suresh Prabhu, a Memorandum of Understanding (MoU) between Ministry of Railways and Confederation of Indian Industry(CII) to evaluate the Green Initiatives and rate the performance of Industrial Units of Indian Railways which are pursuing environmentally sustainable practices, was signed and “Final… Read More

CII Business Confidence index increases markedly in Apr-Jun 2016 as expectations rise

Indian industry remained upbeat about the business environment in the first quarter of FY2016-17, as borne out by a significant pick-up in the CII Business Confidence Index (BCI) for Apr-Jun 2016. The CII-BCI increased to the level of 57.2, up from the level of 54.1 recorded in the previous quarter. The index has been steadily climbing since the last three quarters.… Read More

CII CEOs delegation to visit Indonesia from 18-19 July 2016

Dr Naushad Forbes, President, Confederation of Indian Industry (CII) will lead a high profile delegation of Indian CEOs to Jakarta, Indonesia from 18 -19 July, 2016. The 2-day visit aims to enhance economic engagement between the two countries considering the huge potential which still remains untapped and new opportunities that have emerged. The visit… Read More

Government reviews consumer redressal mechanism with industry

FICCI
The Government on sought active cooperation of corporate houses and business chambers to strengthen consumer redressal mechanism and said that in order to ensure transparency, companies should name the nodal officers handling grievances.
“There is a genuine need to pay immediate attention to strengthen redressal mechanism so that grievances … Read More