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India Inc`s business sentiment soars amid policy continuity, robust domestic demand

Buoyed by policy continuity and strong domestic demand, especially in rural India, business optimism has soared among India Inc and the industry remains bullish on business sentiments in FY25, a survey showed on Sunday. The Confederation of Indian Industry (CII) Business Confidence Index rose to a two-quarter high of 68.2 in the second quarter of the current financial year (July-September period), as compared to 67.3 in the previous quarter and 67.1 in the corresponding quarter last ...

India Inc`s business sentiment soars amid policy continuity, robust domestic demand

Source: IANS
2024-10-06 12:36:31 pm

Mumbai airport bags CII`s national award for Excellence in Energy Management

Aspiring for ‘Net-Zero Emissions’ in the next five years, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) has bagged the CII’s national award for Excellence in Energy Management, officials said here on Tuesday. The CSMIA has been honoured with the prestigious Energy Efficient Unit Award for Excellence in Energy Management by the Confederation of Indian Industry (CII) at the 25th CII National Awards at a function held in Hyderabad. The award was giv...

Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list

Source: IANS
2024-07-07 11:13:04 am

India electronics component manufacturing to hit $240 bn by 2030, create 2.8 lakh jobs by 2026

As the government doubles down on making India a global manufacturing hub, the demand for electronics components and sub-assemblies is likely to scale to $240 billion by 2030, paving the way for $500 billion worth of electronics production goal while creating at least 2.8 lakhs new jobs by 2026, a report showed on Sunday. Priority components and sub-assemblies including PCBAs, are projected to grow at a robust CAGR of 30 per cent, reaching $139 billion by 2030, according to the repor...

India electronics component manufacturing to hit $240 bn by 2030, create 2.8 lakh jobs by 2026

Source: IANS
2024-06-23 01:44:56 pm

Budget 2024-25: CII seeks steps to cut cost of business & enhance ease of doing biz

Apex business chamber CII has in its presentation to the government ahead of the Union Budget, requested for the rationalisation of stamp duty on land and phasing out the cross-subsidy on power rates to "reduce the cost of doing business". The CII presentation suggests that states should be encouraged to rationalise stamp duty. The apex industry chamber has also recommended that cross-subsidisation of power by industry to other user segments should be phased out as i...

Budget 2024-25: CII seeks steps to cut cost of business & enhance ease of doing biz

Source: IANS
2024-06-19 09:20:46 am

Modi 3.0: Top industry chambers gear up for next phase of developmental journey

The entire ecosystem of industry, trade and financial markets is re-energised with the beginning of the new government amid policy continuity, top trade and industry chambers have said. According to Assocham, under the leadership of Prime Minister Narendra Modi, the country will be steered to greater heights, maintaining the fastest pace of growth among the major economies of the world. Sanjay Nayar, Assocham President, said PM Modi has rekindled the national resolve to become the...

Modi 3.0: Top industry chambers gear up for next phase of developmental journey

Source: IANS
2024-06-12 03:10:14 pm

India to continue transformation under PM Narendra Modi towards becoming 3rd largest economy: CII

The Confederation of Indian Industry (CII) on Monday said they are confident that under the astute leadership of Prime Minister Narendra Modi, the country would continue its economic transformation and emerge among the top three in the world. In a statement, Sanjiv Puri, President of CII, congratulated PM Modi for assuming charge for the third consecutive term. “Building upon a strong growth rate of 8.2 per cent for 2023-24, the new government under his visionary leadership ...

India to continue transformation under PM Narendra Modi towards becoming 3rd largest economy: CII

Source: IANS
2024-06-10 02:04:24 pm

CII and ACCA join forces for strategic collaboration in India

The Confederation of Indian Industry (CII) and ACCA (the Association of Chartered Certified Accountants) are pleased to announce the signing of a Memorandum of Understanding (MoU) aimed at fostering mutual cooperation and promoting business growth in India. This strategic partnership leverages the strengths of both organisations to support their respective members and advance the business environment. The MoU, signed by Vikkas Mohan, Principal Adviser at CII and Lucia Real-M...

CII and ACCA join forces for strategic collaboration in India

Source: PR Agency
2024-05-31 09:27:07 am

Income tax department notifies Cost Inflation Index for current fiscal

The income tax department has notified the Cost Inflation Index (CII) for the current fiscal beginning April 2024, for calculating long-term capital gains arising from sale of immovable property, securities and jewellery. The CII is used by taxpayers to compute gains arising out of sale of capital assets after adjusting inflation. The CII for financial year 2024-25, relevant to assessment year 2025-26, stood at 363, as per a notification of the Central Board of Direct Taxes (CBDT). The CII nu...

Income tax department notifies Cost Inflation Index for current fiscal

Source: Accord Fintech
2024-05-27 10:04:27 am

Double-digit growth propels India's technical textiles industry to world's 5th rank

India's technical textiles market has a huge potential as it is clocking a double-digit growth of 10 per cent and has become the fifth largest in the world, Rachna Shah, Secretary of Ministry of Textiles, said on Thursday. She said this while addressing a national Symposium on Advancements in Composites, Speciality Fibres and Chemicals organised here by the Ministry of Textiles in partnership with Confederation of Indian Industry (CII) and Ahmedabad Textiles Industries' Research As...

Double-digit growth propels India's technical textiles industry to world's 5th rank

Source: IANS
2024-05-10 10:04:35 am

Centre, states need to come together to pursue big-ticket reforms in labour, land sectors: CII

Confederation of Indian Industry (CII) President R Dinesh has said that the Centre and states need to come together to pursue big-ticket reforms in labour and land sectors to accelerate growth. He said a survey by CII expects the Reserve Bank of India (RBI) to cut benchmark interest growth in the second quarter (July-September) of FY25. The RBI has been holding the repo rate at 6.5 per cent since February 2023. He highlighted the importance of building a consensus across all sta...

Centre, states need to come together to pursue big-ticket reforms in labour, land sectors: CII

Source: Accord Fintech
2024-04-12 12:56:14 pm

Time for India to move into top gear with an eye on 2030 EV public infra goal

As reports surfaced about tech billionaire Elon Musk arriving in India next week to announce a Tesla manufacturing unit in Gujarat (although no official confirmation has come yet), the focus has once again shifted to ramp up the public infrastructure for electric vehicles (EVs) in the country in order to meet the ambitious 2030 goal of the government. India needs to have a robust backbone for charging infrastructure across the length and breadth of the country with considerations of traffi...

Time for India to move into top gear with an eye on 2030 EV public infra goal

Source: IANS
2024-01-07 12:24:12 pm

Anupam Rasayan wins CII 3R Award for Best Industry Practices for Managing Own Waste

Anupam Rasayan India Limited (“Anupam Rasayan”) (NSE: ANURAS, BSE:543275), one of India’s leading custom synthesis & speciality chemical player, has been honoured with the prestigious Confederation of Indian Industry (CII) Award for Best Industry Practice in Waste Management. The evaluation process for this award included key components such as waste management strategies, a sustainable and innovative business model, and the Company's future plans. The C...

Anupam Rasayan wins CII 3R Award for Best Industry Practices for Managing Own Waste

Source: PR Agency
2023-12-11 05:49:55 pm

News

India Inc`s business sentiment soars amid policy continuity, robust domestic demand

Mumbai airport bags CII`s national award for Excellence in Energy Management

IMEC initiative to boost India`s maritime security, trade: Piyush Goyal

Indian companies keen to explore investment opportunities in Austria: Industry

Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list

India electronics component manufacturing to hit $240 bn by 2030, create 2.8 lakh jobs by 2026

Budget 2024-25: CII seeks steps to cut cost of business & enhance ease of doing biz

Modi 3.0: Top industry chambers gear up for next phase of developmental journey

India to continue transformation under PM Narendra Modi towards becoming 3rd largest economy: CII

CII and ACCA join forces for strategic collaboration in India

Income tax department notifies Cost Inflation Index for current fiscal

Double-digit growth propels India's technical textiles industry to world's 5th rank

Centre, states need to come together to pursue big-ticket reforms in labour, land sectors: CII

Time for India to move into top gear with an eye on 2030 EV public infra goal

Anupam Rasayan wins CII 3R Award for Best Industry Practices for Managing Own Waste