CII lists what is slowing India's manufacturing growth
Apex industry body underscores the pivotal role of India's manufacturing in economic growth, which contributes 15% to GDP and employs 12% of the workforce
confederation of indian industry
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CII Business Confidence Index at three-quarter high in Q2 FY24
In fact, the rise in fast-moving consumer goods (FMCG) sales and inflated agriculture incomes in Q1 FY24 has also evidently provided momentum to the rural economy
DPI reshaping India into ‘one mega economy’: Nilekani
India has transformed in many ways over the last several years and digital transformation is at the heart of its economic growth, says Nandan Nilekani
163 Indian firms invest $40 billion in U.S., employ over 4,25,000
While 85% of the companies plan to make more investments in the US in the next few years, 83% of them plan to hire more employees in the US in the next five years.
Industry needs out of box ideas to keep pace with start-ups: FM
The finance minister also nudged the industry to step up on the sustainable development goals, which is the need of the hour in the post Covid and post Ukraine world.
Budget 2023: CII seeks relaxation in 'source of funds' disclosure norms
CII says it's difficult for borrower to ask bank to explain source where loan is given to borrower, equally difficult for bank to determine exact source when it's raising funds from multiple sources.
Single window system for regulatory compliances soon
Right now the single window approval system is positioned for new investments. In phase II, this will become the single window for existing businesses.
Insufficient protection from unfair prosecution, say 81% independent directors: CII-Protiviti-NFCG study
Majority of them believe that the roles and responsibilities of IDs, as defined by the Companies Act, are unreasonable and the expectations are onerous.
CII launches Sankalp Se Siddhi initiative
The Sankalp Se Siddhi conference convened important stakeholders to deliberate on the country’s achievement in different areas of development and draw a roadmap for an advanced India by 2047.
Budget 2022: CII for 1% CSR levy to fund Covid-19 booster shots
The industry body has urged the central government to raise the CSR levy by an additional 1% for a period of 12 months to provide Covid-19 booster vaccines to the community.
