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Category: ECONOMY & POLICY

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Zydus CadilaÂ’s MD to lead FICCI delegation accompanying FM to the US

Zydus CadilaÂ’s MD to lead FICCI delegation accompanying FM to the US

A high-powered FICCI business delegation led by Pankaj R Patel, President, FICCI & Chairman and Managing Director, Zydus Cadila - Cadila Healthcare Ltd is accompanying Finance Minister Arun Jaitley to the United States from 20-24th April 2017 to enhance bilateral economic engagement between the two major democracies and further boost cooperation between Indian and US businesses.

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CII Business Confidence Index scores all-time high in Jan-March quarter

CII Business Confidence Index scores all-time high in Jan-March quarter

Amidst expectations that economic activity would gather pace in the current year, there is optimism among companies that green shoots of recovery, which have started becoming evident, would be sustained. This finds a reflection in the CII Business Confidence Index (BCI) which has gone up to an all-time high of 64.1 during the fourth quarter of 2016-17 as against 56.5 recorded in the previous quarter.

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Real-estate players developers welcome GST implementation

Real-estate players developers welcome GST implementation

Real-estate developers have welcomed the implementation of Goods and Service Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting GST.