Industry

Survey shows Indian economy faces downside risks: India Inc

The Economic Survey shows India's economy faces downside risks in the backdrop of a global slowdown and the government needs to take steps to boost rural demand and improve ease of doing business while initiating bold reforms like the GST, industry experts said Friday.

Feb 26, 2016, 21:27 PM IST

Budget 2016: Govt may cut corporate tax by 1%, say experts

Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to 25 percent from present 30 percent, and also simultaneous withdrawal of exemptions.

Feb 18, 2016, 21:02 PM IST

Budget 2016-17: Industry seeks clear roadmap for reduction in corporate tax rate

India Inc on Wednesday pressed for a clear roadmap for reduction in corporate tax rate from 30 percent to 25 percent in the forthcoming Budget.

Jan 06, 2016, 19:27 PM IST

Industry steps up call for cheaper capital at meet with PM

The top honchos of India Inc, who met with Prime Minister Narendra Modi Tuesday, highlighted the need for lower cost of capital to boost investments, propping up rural demand and more measures for ease of doing business.

Sep 08, 2015, 22:29 PM IST

Industrial output grows at 4-month high of 3.8% in June

Industrial production expanded at a 4-month high rate of 3.8 percent in June due to improvement in manufacturing activity.

Aug 12, 2015, 18:53 PM IST

India's industrial growth rises to 3.8% in June

India's industrial output growth gathered pace in June and rose to 3.8 percent mainly due to a pick up in government spending.

Aug 12, 2015, 17:37 PM IST

Industry pledges $75 bn on Digital India launch: Prasad

Investment commitment of USD 75 billion or Rs 4,72,500 crore was received from industry at the launch of Digital India week, Telecom Minister Ravi Shankar Prasad said Tuesday.

Jul 07, 2015, 17:47 PM IST

Trusting citizens is essence of reforms: PM Modi

Trusting citizens, including the corporate ones, is the essence of reforms, Prime Minister Narendra Modi Tuesday said, emphasising this is the basis for effecting the transition from 'red tape' to 'red carpet'.

Jun 23, 2015, 20:24 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

Industry welcomes passage of Mines Bill in Rajya Sabha

Welcoming the passage of the Mines Bill in Parliament, India Inc today said the new law will bring transparency in auctioning of mines, boost investor sentiment and kickstart industrial growth.

Mar 20, 2015, 18:19 PM IST

Tax benefits, duty cuts top industry budget wish-lists

The groups and consultants lobbying for MNCs want the government, in the Union Budget on February 28, to bring in clarity on taxation in case of sale or indirect transfer of Indian operations.

Feb 15, 2015, 12:20 PM IST

India Inc hopes RBI will resume rate cut cycle after Budget

Disappointed by RBI's decision to keep interest rates unchanged, India Inc on Tuesday said there is a need to cut the rates by 75 basis points in remaining months of 2015 and hoped for monetary easing after Union Budget.

Feb 03, 2015, 16:17 PM IST

No change in economy performance in last 6 months: Industry

Showing signs of restlessness, a majority of business leaders have said "not much" has changed on the ground in the last six months, while many of them do not foresee any change in investment plans even during the current quarter.

Feb 01, 2015, 20:15 PM IST

Amid US oil price crash, cost cutting ripples through industry

Any lingering doubt about the depth of the crisis facing the U.S. energy industry is quickly evaporating as even the biggest firms slash spending amid the steepest oil price crash since the recession, sending ripples across the vast sector.

Jan 17, 2015, 06:40 AM IST

Ashok Leyland confident of out-performing industry players

Commercial vehicles major Ashok Leyland Ltd. is confident of out-performing the industry this fiscal in terms of sales volumes while maintaining its market share of around 26-27 percent, a top company official said.

Jan 07, 2015, 18:32 PM IST

Industry, govt officials for fiscal benefits to boost manufacturing

To boost manufacturing growth under 'Make in India' programme, industry leaders and top government officials have suggested duty cuts, easier land acquisition norms and fiscal incentives for research and development especially in sectors like defence.

Jan 04, 2015, 13:20 PM IST

'Pvt security services to be Rs 80,000-cr industry in 5 years'

With demand for cash handling services and manned security rising, the domestic private security service providers expect the industry size to double to Rs 80,000 crore in the next five years.

Dec 14, 2014, 12:27 PM IST

Land acquisition will be made easier: Govt assures industry

Lending her ears to the industry on problems faced by it in acquiring land, Union Minister Nirmala Sitharaman on Saturday said the government will consult all stakeholders to make the land acquisition law "an enabler, rather than a stifler".

Dec 06, 2014, 18:45 PM IST

Industry hopeful of rate cut as economy shows recovery signs

Buoyed by the uptick in industrial output and easing inflation, India Inc Wednesday said that improving economic data makes strong case for a cut in interest rates.

Nov 12, 2014, 21:53 PM IST

Decline in inflation gives RBI scope to cut interest: Industry

Buoyed by the drop in inflation which fell to a five-year low of 2.38 percent in September, India Inc Tuesday said it provides much-needed headroom to the RBI to cut interest rate, key to revive industrial growth.

Oct 14, 2014, 17:29 PM IST