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"India is coming out of the second wave and will witness a strong economic recovery," S Jaishankar said.(ANI)

Jaishankar calls for greater cooperation between Indo-Pacific countries

By hindustantimes.com | Written by Srivatsan K C | Edited by Avik Roy, Hindustan Times, New Delhi
PUBLISHED ON JUL 06, 2021 08:59 PM IST
External affairs minister S Jaishankar made the remarks during his address to the inaugural session of the Indo-Pacific Business Summit, organised by the Confederation of Indian Industry (CII) in association with the ministry of external affairs.
CII suggested raising the cap on emoluments to Rs 50,000 per month to encourage employment in higher skilled jobs. In picture - Finance Minister Nirmala Sitharaman attends CII National Conference.(PTI)
CII suggested raising the cap on emoluments to Rs 50,000 per month to encourage employment in higher skilled jobs. In picture - Finance Minister Nirmala Sitharaman attends CII National Conference.(PTI)

Budget 2021-22: CII suggests graded road map towards competitive import tariffs

New Delhi | By Press Trust of India | Posted by Srivatsan K C
PUBLISHED ON DEC 27, 2020 03:27 PM IST
The Confederation of Indian Industry (CII) has proposed the road map to encourage domestic manufacturing in alignment with global trade trends that would boost India’s export competitiveness as per shifting global value chains in the next three to five years.
“In the aftermath of Covid, it is important to find a resolution mechanism through a market determined price discovery” CII President Uday Kotak said.(Bloomberg)
“In the aftermath of Covid, it is important to find a resolution mechanism through a market determined price discovery” CII President Uday Kotak said.(Bloomberg)

India needs multiple bad banks to clean balance sheets of lenders, get credit growth back: CII

New Delhi | By Press Trust of India | Posted by Ayshee Bhaduri
PUBLISHED ON DEC 20, 2020 05:38 PM IST
“As the economy recovers, credit demand from industry will expand. Banks need to gear up to meet this demand. Market mechanism based multiple bad banks can help clean up banks’ balance sheets, encouraging them to lend,” CII stated.
Amazon and CII will conduct trainings, workshops and masterclasses to enable MSMEs to sell online.(ANI Photo)
Amazon and CII will conduct trainings, workshops and masterclasses to enable MSMEs to sell online.(ANI Photo)

CII, Amazon India join hands to boost MSME business

New Delhi | By Press Trust of India | Posted by Srivatsan K C
PUBLISHED ON DEC 09, 2020 09:25 PM IST
As part of the memorandum of understanding (MoU), Amazon India will work with the Confederation of Indian Industry (CII) to train MSMEs in 10 states into building and scaling their business in India and globally.
Union Minister for Road Transport, Highways Nitin Gadkari, who also participated in the virtual conference.(@SwedensAmbIndia/Twitter)
Union Minister for Road Transport, Highways Nitin Gadkari, who also participated in the virtual conference.(@SwedensAmbIndia/Twitter)

Business relations with India will continue to grow stronger, says Swedish official

New Delhi | By Press Trust of India | Posted by Deepali Sharma
PUBLISHED ON NOV 29, 2020 06:18 PM IST
The one-day virtual event was jointly organised by India Unlimited in Sweden, in association with Embassy of India in Sweden, Sweden India Business Council and CII on Friday.
A worker grinds a metal window grill at a steel and iron manufacturing unit in Ahmedabad, India.(Reuters/ File photo)
A worker grinds a metal window grill at a steel and iron manufacturing unit in Ahmedabad, India.(Reuters/ File photo)

CII urges industry not to lower guard against Covid-19

Press Trust of India | By Press Trust of India | Posted by Mallika Soni
PUBLISHED ON NOV 29, 2020 06:02 PM IST
With Covid-19 cases rising for the past few weeks at an unprecedented rate, the pandemic continues to pose hardship for the entire country, the industry body CII said in a statement on Sunday.
India's Prime Minister Narendra Modi andSwedish Prime Minister Stefan Lofven.(Reuters file photo for representation)
India's Prime Minister Narendra Modi andSwedish Prime Minister Stefan Lofven.(Reuters file photo for representation)

India, Sweden to discuss ways to strengthen bilateral ties in various sectors

New Delhi | By Press Trust of India | Posted by Deepali Sharma
PUBLISHED ON NOV 23, 2020 05:39 PM IST
The one-day virtual event of ‘India Sweden Innovation Day 2020’ on Nov 27 will focus on the role of public-private partnerships in the new normal, re-engineering the India Sweden growth again.
Doctors check patients at CWG village COVID-19 Care Centre, near Akshardham in New Delhi.(PTI)
Doctors check patients at CWG village COVID-19 Care Centre, near Akshardham in New Delhi.(PTI)

Experts says public-private partnership required for providing healthcare to all

New Delhi | By Press Trust of India | Posted by Shankhyaneel Sarkar
PUBLISHED ON NOV 18, 2020 10:33 PM IST
All India Institute of Medical Sciences (AIIMS) Director Randeep Guleria said there are certain areas where the public sector can do better whether it be training, be it having more medical colleges or providing care as far as preventive medicine is concerned.
This effort, the first-ever of its kind in India, was initiated by Arogya World in direct response to repeated requests from business and HR leaders in Covid times.(Unsplash)
This effort, the first-ever of its kind in India, was initiated by Arogya World in direct response to repeated requests from business and HR leaders in Covid times.(Unsplash)

Arogya World launches new mental health criteria for workplaces in India

Bangalore (Karnataka) [India] | By Asian News International | Posted by Jahnavi Gupta
UPDATED ON NOV 05, 2020 11:51 AM IST
Arogya World launched extensively researched mental health criteria to help corporates address employee mental wellbeing in a structured manner.
NITI Aayog CEO Amitabh Kant during a virtual session at the HT Tourism Conclave.
NITI Aayog CEO Amitabh Kant during a virtual session at the HT Tourism Conclave.

Tourism likely to flourish post-Covid-19

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON SEP 28, 2020 05:06 AM IST
The tourism ministry has cited Confederation of Indian Industry (CII) estimates to suggest that the loss of revenue to tourism can range between Rs 72,000 crore and Rs 1.58 lakh crores in 2020-21.
File photo: Union minister Piyush Goyal.(PTI)
File photo: Union minister Piyush Goyal.(PTI)

‘Industry should create a fund to nurture new-age entrepreneurship’: Piyush Goyal

Hindustan Times, New Delhi | By HT Correspondent | Edited by Sparshita Saxena
UPDATED ON SEP 03, 2020 07:57 PM IST
Addressing the industry at the Confederation of Indian Industry (CII) through video conference, Goyal said top Indian business leaders can engage with youth and mentor them to encourage entrepreneurship.
A government official aware about the development said on condition of anonymity that the matter is under consideration to boost sagging demand of automobiles, but the Union finance ministry has only recommendatory role. (HT Photo)
A government official aware about the development said on condition of anonymity that the matter is under consideration to boost sagging demand of automobiles, but the Union finance ministry has only recommendatory role. (HT Photo)

‘Neither luxury nor sin good’: GST tax rate on 2-wheelers may witness a cut

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON AUG 25, 2020 08:19 PM IST
FM Sitharaman told the industry body that this matter will be taken up with the GST Council, which is the apex federal body on matters related to the indirect tax
Arvind Panagariya, former vice-chairman of NITI Aayog in New Delhi, India.(HT Photo)
Arvind Panagariya, former vice-chairman of NITI Aayog in New Delhi, India.(HT Photo)

India may need stimulus on demand side as growth begins to pick up: Panagariya

New Delhi | By Press Trust of India | Posted by Arpan Rai
PUBLISHED ON AUG 08, 2020 10:31 PM IST
Panagariya also said that imposing import licensing will be a violation of WTO norms that India has signed.
Assocham secretary general Deepak Sood said the main issue today is capability to service debt rather than availability of loans.(Getty Images/iStockphoto)
Assocham secretary general Deepak Sood said the main issue today is capability to service debt rather than availability of loans.(Getty Images/iStockphoto)

Companies are stressed, have little appetite for loans: Industry

New Delhi | By Rajeev Jayaswal
UPDATED ON JUL 28, 2020 06:33 PM IST
The Confederation of Indian Industry (CII) said economic uncertainties are hampering industry’s ability to plan for the future, while the Associated Chambers of Commerce and Industry of India (Assocham) said companies are hesitant to take credit risk in these circumstances.
The PM stressed that getting growth back is not so difficult as now Indian industry has a clearly defined goal in Aatmanirbhar Bharat(Getty Images/iStockphoto)
The PM stressed that getting growth back is not so difficult as now Indian industry has a clearly defined goal in Aatmanirbhar Bharat(Getty Images/iStockphoto)

To revive the economy, Modi must turn to maximum government | Opinion

By Pulapre Balakrishnan
UPDATED ON JUN 21, 2020 08:53 PM IST
Revival is contingent on demand. Demand is contingent on investment. And investment needs State spending
According to the report, “Indian Roots, American Soil 2020,” as many as 155 Indian companies have invested USD 22 billion in the US, thus creating nearly 125,000 jobs in the country.(Bloomberg)
According to the report, “Indian Roots, American Soil 2020,” as many as 155 Indian companies have invested USD 22 billion in the US, thus creating nearly 125,000 jobs in the country.(Bloomberg)

155 Indian companies create nearly 125K jobs in US: CII report

Washington | By Press Trust of India | Posted by Prashasti Singh
PUBLISHED ON JUN 16, 2020 06:41 AM IST
Texas, California, New Jersey, New York and Florida are home to the greatest number of workers in the US directly employed by the reporting Indian companies, the report, the report, “Indian Roots, American Soil 2020,” said.
Uday Kotak, managing director and CEO of Kotak Mahindra Bank Limited, is the new president of industry association Confederation of Indian Industry (CII)(Bloomberg)
Uday Kotak, managing director and CEO of Kotak Mahindra Bank Limited, is the new president of industry association Confederation of Indian Industry (CII)(Bloomberg)

‘Return to pre Covid-19 growth will take a year’, says Kotak Mahindra CEO

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON JUN 08, 2020 05:25 AM IST
Uday Kotak said we are in a completely new era post Covid-19 and thus, revival cannot be evaluated on average.
Rajiv Bajaj was speaking to Gandhi as part of the series of video conversations with global and Indian thought leaders to discuss the Covid-19 crisis and its consequences on the country’s economy.
Rajiv Bajaj was speaking to Gandhi as part of the series of video conversations with global and Indian thought leaders to discuss the Covid-19 crisis and its consequences on the country’s economy.

Govt flattened wrong curve: Rajiv Bajaj to Rahul Gandhi

Hindustan Times, New Delhi | By Aurangzeb Naqshbandi and Rajeev Jayswal
UPDATED ON JUN 05, 2020 12:08 AM IST
Rajiv Bajaj was speaking to Gandhi as part of the series of video conversations with global and Indian thought leaders to discuss the Covid-19 crisis and its consequences on the country’s economy.
Brushing off criticism that banks have been parking ₹7 trillion with the Reserve Bank of India (RBI), Rajnish Kumar clarified that there was no correlation between this and risk aversion among lenders.(Bloomberg)
Brushing off criticism that banks have been parking ₹7 trillion with the Reserve Bank of India (RBI), Rajnish Kumar clarified that there was no correlation between this and risk aversion among lenders.(Bloomberg)

India Inc must start investing: SBI chief

Hindustan Times, Mumbai | By Gopika Gopakumar
PUBLISHED ON JUN 03, 2020 04:41 AM IST
Rajnish Kumar said corporates should look at opportunities for investment, and should not wait for the government to further support the industry.
The comments come as the India-China border tensions along the Line of Actual Control (LAC) entered its fourth week, with another round of talks between military commanders and diplomats scheduled later in the week.. AP photo
The comments come as the India-China border tensions along the Line of Actual Control (LAC) entered its fourth week, with another round of talks between military commanders and diplomats scheduled later in the week.. AP photo

China’s moves show they won’t compromise on security: Kevin Rudd

Hindustan Times, New Delhi | By Pretika Khanna
PUBLISHED ON JUN 03, 2020 04:37 AM IST
The comments come as the India-China border tensions along the Line of Actual Control (LAC) entered its fourth week, with another round of talks between military commanders and diplomats scheduled later in the week.
Ajay Piramal advocated speed over perfection when it comes to policy implementation.
Ajay Piramal advocated speed over perfection when it comes to policy implementation.

Migrant jobs may fall up to 30% after Covid-19: Ajay Piramal

Hindustan Times, New Delhi | By Goutam Das
UPDATED ON JUN 03, 2020 05:29 AM IST
Covid-19 poses an existential threat if more people fall below the poverty line, and this could lead to a demographic nightmare.
Sanjiv Puri said more competitive value chains in the farm sector and investments in food processing will ensure enormous job opportunities. Photo:Pradeep Gaur/Mint
Sanjiv Puri said more competitive value chains in the farm sector and investments in food processing will ensure enormous job opportunities. Photo:Pradeep Gaur/Mint

It is time to transform the agriculture sector: Sanjiv Puri

Hindustan Times, New Delhi | By Suneera Tandon
PUBLISHED ON JUN 03, 2020 04:27 AM IST
Last month, the government had announced a 20-trillion package to support the economic recovery after business activity stalled for months, as India imposed a strict lockdown to prevent the spread of Covid-19.
Reacting to the news about Moody’s Investors Service downgrading India’s sovereign rating by a notch, Kotak said that there is an urgent need to get growth back and change the perception that the country’s trend growth is slowing down .Photo by Ravi Kumar/Hindustan Times
Reacting to the news about Moody’s Investors Service downgrading India’s sovereign rating by a notch, Kotak said that there is an urgent need to get growth back and change the perception that the country’s trend growth is slowing down .Photo by Ravi Kumar/Hindustan Times

Extraordinary efforts needed to lift the economy: Uday Kotak

Hindustan Times, Mumbai | By Gopika Gopakumar
PUBLISHED ON JUN 03, 2020 04:23 AM IST
Speaking at the Confederation of Indian Industry (CII) annual session 2020, Kotak, the association’s president-elect, said that the government, banks and India companies will have to work together to get growth back on track.
PM Modi said one of the “highest priorities” of his government is to strengthen the economy.
PM Modi said one of the “highest priorities” of his government is to strengthen the economy.

We will get our growth back, PM Modi tells India Inc

Hindustan Times, New Delhi | By Rajeev Jayaswal
PUBLISHED ON JUN 03, 2020 03:31 AM IST
PM Modi’s first major speech on the economy since the post-Covid-19 lockdown began on March 25 came a day after Moody’s Investors Service cut India’s rating by one notch to the lowest investment grade with a negative outlook, citing growing risks that Asia’s third largest economy will face a prolonged period of slower growth.
Prime Minister Narendra Modi addresses the annual session of the Confederation of Indian Industry (CII) on its 125th anniversary via video link, in New Delhi on June 2, 2020.(PTI)
Prime Minister Narendra Modi addresses the annual session of the Confederation of Indian Industry (CII) on its 125th anniversary via video link, in New Delhi on June 2, 2020.(PTI)

‘Not random, aimed at self-reliant India’: PM Modi on policy announcements

Hindustan Times, New Delhi | By Rajeev Jayaswal | Edited by Ashutosh Tripathi
UPDATED ON JUN 02, 2020 02:58 PM IST
The PM said Covid-19 has slowed India’s growth, but the biggest truth is that India has left behind the lockdown and has entered into the “un-lock phase one” and a major part of the economy has restarted.
Getting growth back is not so difficult, PM Modi said, as Indian industries have a clear path—the road to self-reliant India.(PTI)
Getting growth back is not so difficult, PM Modi said, as Indian industries have a clear path—the road to self-reliant India.(PTI)

World is looking for trusted, reliable partner, India must be ready: PM Modi

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Meenakshi Ray
UPDATED ON JUN 02, 2020 12:40 PM IST
PM Modi made the comments while delivering the inaugural address at the Confederation of Indian Industry’s (CII) annual session 2020, Getting Growth Back.
“We will get our economy back,” the prime minister said while addressing the inaugural addressed of the 125th anniversary of Confederation of Indian Industry (CII).(ANI)
“We will get our economy back,” the prime minister said while addressing the inaugural addressed of the 125th anniversary of Confederation of Indian Industry (CII).(ANI)

‘Need to manufacture ‘Made in India’ products which are ‘Made for the World’: Top 10 points from PM Modi’s CII address

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Sparshita Saxena
UPDATED ON JUN 02, 2020 12:26 PM IST
PM said, in order to steer the country onto the path of rapid development, five things are of high important - intent, inclusion, investment, infrastructure and innovation. 
PM Modi made the comments while delivering the inaugural address at the Confederation of Indian Industry’s (CII) annual session 2020, Getting Growth Back.(Photo: BJP4India/ Twitter)
PM Modi made the comments while delivering the inaugural address at the Confederation of Indian Industry’s (CII) annual session 2020, Getting Growth Back.(Photo: BJP4India/ Twitter)

India will definitely get its growth back, says PM Modi at CII event

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Meenakshi Ray
UPDATED ON JUN 02, 2020 11:55 AM IST
Talking at CII’s annual session, PM Modi said, “We have to take tough steps to fight coronavirus and also take steps to take care of economy.”
File photo: Prime Minister Narendra Modi.(PTI)
File photo: Prime Minister Narendra Modi.(PTI)

‘Time to stabilise and speed-up economy while continuing Covid-19 battle’: PM Modi

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Sparshita Saxena
UPDATED ON JUN 02, 2020 12:38 PM IST
This marked the prime minister’s first major speech on the Indian economy since the announcement of Unlock-1 in the country.
Financial covenants in loan contracts are based on achievement of certain prearranged financial projections, which are tested on a particular date, usually on an annual basis.(AP file photo. Representative image)
Financial covenants in loan contracts are based on achievement of certain prearranged financial projections, which are tested on a particular date, usually on an annual basis.(AP file photo. Representative image)

Covid-19 Lockdown: Firms seek relief on loan contracts

Livemint, Mumbai | By Ridhima Saxena and Shayan Ghosh
UPDATED ON JUN 01, 2020 08:04 AM IST
The financial impact is being felt across sectors, as evident in a survey conducted in May by Confederation of Indian Industry (CII) among 300 companies.
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