Industrialists, who attended the CII meeting where Kejriwal outlined his party’s economic vision on Monday, said his thoughts were “refreshing” and in sync with the industry ethos.
The series of foreign direct investment proposal approved by the Union Cabinet in key areas of defence, insurance and telecom along with others would provide the much needed boost to the Indian economy, a top Indian industry leader has said.
Even as growth slowed down and investments dried up in the last financial year, many CEOs in a survey conducted by the Confederation of Indian Industry (CII) said they would increase investments in the domestic market in the current financial year. HT reports.
Indian industry looks forward to the visit of Chinese Premier Li Keqiang to New Delhi which is expected to deliver significant results, especially as it is the new head’s first overseas tour. Chandrajit Banerjee reports.
Excess spending by the government and a fall in its savings have both led to a rise in the current account deficit, writes Chandrajit Banerjee.
The latest CII ASCON (Associations Council) survey revealed that the number of sectors reporting low growth during the January-March 2013 quarter has increased significantly over the year-ago period.
Hailing RBI's pruning of the key interest rates, India Inc today said the move will propel economic growth by easing fund flow and spiking the blunted consumption and investment demand.
Budget 2013-14 should identify the critical ingredients of growth and address them through appropriate policy interventions, writes Chandrajit Banerjee.
Business confidence in India worsened during the October-December quarter, due to high interest rates and infrastructure bottlenecks, a survey by the Confederation of Indian Industry (CII) has revealed.
The current spate of reforms will benefit industry. But more needs to be done, writes Chandrajit Banerjee.
It is official, the not-so-buoyant global economy has dragged down the optimism level of Indians. According to a 21-nation Pew Global Attitudes Survey released on Monday, Indians have lost more faith in their economy than citizens of any other country.
Improved trade ties will help revitalise the Indo-US relationship.
Expressing disappointment over RBI's decision of leaving interest rates unchanged, India Inc today said there is an urgent need for rate cut to boost industrial growth and take economy to a higher trajectory.
The 2012-13 Budget is largely positive although industry does have some concerns. In the last one year, India’s national income growth came down sharply from 8.4% to 6.9% and inflation was a persistent problem.
High input costs, costly borrowing and a shaky world economy has hurt Indian companies in the last few months and the growth prospects in the coming quarters appear uncertain, the Confederation of Indian Industry (CII) has concluded from the findings of its latest Business Confidence Index (BCI) survey.
The National Manufacturing Policy, recently cleared by a group of ministers (GoM), will increase manufacturing sector's contribution to the gross domestic product (GDP) and create 100 million jobs, a leading industry lobby said on Sunday.
Industry chamber CII on Sunday criticised the government for taking up caste-based census wondering "why a dying issue was being revived".
India Inc on Friday lent its support to Earth Hour -- a global climate awareness initiative, which urges people and institutions to switch off their lights for an hour at 8.30 pm on Saturday.
India Inc on Monday said double-digit growth in industrial production in August shows robust economic recovery but asked the government and the RBI to continue the stimulus measures to sustain the uptrend.
Government sources said until now there has been no alteration in the direct tax or personal income tax structures. This time it could be aimed at rationalising the structure of personal income tax so that consumers are left with more cash in hand, Mahua Venkatesh reports.