India's retail sector to be worth $1.2 trn by 2020: CII
The organised and online retail will grow multi-fold, unorganised retail will continue to dominate the sector.
May 15, 2015, 17:28 PM IST
'Centre, state govts should focus on policy implementation'
The newly-elected CII Northern Region chairman Shreekant Somany on Wednesday said both central and state governments should focus on early implementation of policies, projects and reforms to remove procedural and other bottlenecks to attract investments in the northern region.
May 06, 2015, 20:20 PM IST
GST to boost growth rate by 1.5 percentage points: Industry
Welcoming the passage of GST Bill in the Lok Sabha, industry and experts said roll out of the new tax regime would add 1.5 percentage points to the economic growth and create a common market across the country.
May 06, 2015, 18:02 PM IST
CII joins hands with British e-comm player for MSMEs
This is designed to help small businesses find markets.
Apr 30, 2015, 17:14 PM IST
CII to send relief material to quake-hit Nepal
Industry body CII has constituted a task force to assist in relief work in earthquake-ravaged areas in Nepal and affected parts of India.
Apr 27, 2015, 21:09 PM IST
Land bill pro-farmer, pro-growth, to create jobs: CII
The Land Bill introduced in Parliament on Monday will create millions of jobs, meet the aspirations of farmers, and help spur growth in the economy, industry body CII said Wednesday.
Apr 22, 2015, 22:24 PM IST
RBI may allow interoperability among bank Bcs: Khan
The Reserve Bank is planning to allow business correspondents of one bank to offer payment services to other lenders for better efficiency and optimisation.
Apr 21, 2015, 22:16 PM IST
CII expects 0.75% cut in interest rates by RBI this year
With deflationary trend continuing, industry body CII is expecting the RBI to cut the key policy rates by 0.75 per cent in three tranches this year to revive investments and growth.
Apr 19, 2015, 16:04 PM IST
CII backs govt's Rs 40k-cr tax demand from FIIs
"India is not and never will be a tax heaven. You (FIIs and FPIs) want to do business in India, you must meet tax obligations of India... Nothing wrong in it," newly appointed CII President Sumit Mazumder told PTI.
Apr 19, 2015, 15:22 PM IST
CII backs govt's Rs 40k-cr tax demand from FIIs
Finance Minister Arun Jaitley, too, had previously stated that India was not a tax haven and legitimate dues from foreign investors will be pursued.
Apr 19, 2015, 15:04 PM IST
Successful Indian companies fuelling UK economy: Study
The total number of people in the UK employed by Indian companies has increased by 10 percent; from 1,00,000 last year to nearly 1,10,000.
Apr 16, 2015, 22:48 PM IST
Foreign companies see turnaround in India: CII Director General
CII Director General Chandrajit Banerjee said the process of clearances in India has been streamlined and predictability has been brought about in taxes, setting the positive tone for foreign investments.
Apr 15, 2015, 11:31 AM IST
European development bank inks pact with CII
EBRD Vice-President Phil Bennett and Confederation of Indian Industry (CII) Director-General Chandrajit Banerjee signed an agreement to this effect today, the bank said in a statement issued from London.
Apr 06, 2015, 16:25 PM IST
Jaitley urges industry help in honest decision-making
Errors in decision-making and corruption in decision-making need to be looked at differently, Finance Minister Arun Jaitley said on Monday in a reference to probes against some leading industrialists and retired bureaucrats for graft.
Apr 06, 2015, 13:30 PM IST
India Inc's biz confidence improves on eco growth outlook: CII
The CII Business Confidence Index (BCI) improved marginally during Jan-March FY15, moving up to 56.4 from a level of 56.2 in the previous quarter.
Mar 31, 2015, 16:11 PM IST
Summons for Birla: CII warns of uncertainty among investors
With a special CBI court issuing summons to industrialist Kumar Mangalam Birla as an accused in a coal scam case, apex industry body CII Wednesday said such orders can create "uncertainty and anxiety among investors" and dissuade them from investing in the country.
Mar 11, 2015, 22:22 PM IST
Railways can contribute 2 percent to GDP: Suresh Prabhu
The railways can contribute up to two percent to the gross domestic product (GDP), Railway Minister Suresh Prabhu said on Sunday adding that he has asked the railway board to identify key issues and focus areas towards this end.
Mar 01, 2015, 20:51 PM IST
'Govt should explore non-tax options in to raise revenue'
Industry body CII has suggested that the government should explore non-tax options for garnering revenue, while expressing hope that Finance Minister Arun Jaitley would keep a tight leash on spending in the Budget to keep fiscal deficit under control.
Feb 22, 2015, 17:50 PM IST
Treat NBFCs at par with banks on taxation front, says CII
Ahead of the budget, industry body CII Wednesday demanded that non-banking financial companies be treated at par with banks for taxation purposes in order to promote balanced development of the financial sector.
Feb 18, 2015, 21:22 PM IST
CII seeks tax reforms for investment trusts
Pitching for reforms in tax rules for investment trusts, industry body CII on Sunday said the Union Budget should focus on stability and certainty in taxation for growth of these entities.
Feb 15, 2015, 13:08 PM IST
