The newly elected President of Confederation of Indian Industry (CII) Kris Gopalakrishnan said the RBI must work in tandem with the government to boost economic growth. He said the Reserve Bank of India (RBI) must reduce interest rates by at least 100 bps in 2013-14. Steps like early implementation of GST (Goods and Serv
Tag: CII
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Performance indicators of banks deteriorate
A survey by industry body Confederation of Indian Industry (CII) shows that key performance indicators of banks like credit growth, net interest income deteriorated in 2012-13. The survey, in which 5 public sector banks (PSBs), 3 private sector banks and 7 foreign banks participated, showed that growth in profit after tax (PAT) and return on equity also deteriorated in the current financial
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Report calls for barge service between Chennai and Ennore ports
Recently, Union Shipping Minister GK Vasan released a pre-feasibility report titled ĂâLogistics Collaboration between Ennore and Chennai portsĂâ, prepared by the Confederation of Indian Industries (CII). The report calls for setting up a Ăâmarine highwayĂâ to ferry containers by barges between Chennai and Ennore ports. The highway is intended to decongest the road highw
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UP CM assures policy revamp to attract private investment
Uttar Pradesh Chief Minister Akhilesh Yadav asked companies to invest in the state by assuring them that his government would revamp the investment related policies across sectors and create an enabling and business friendly environment. He made this appeal at the CII Partnership Summit in Ag
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CII seeks a budget which supports growth
Industry bodies like Confederation of Indian Industries (CII) expect the government to announce a budget which would support economic growth and employment. They expect that the government does not frame a populist budget even though election is just a year away. Call for a reform-oriented budget is becoming louder as the
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Economy may grow 5-6% next yr
According to a joint survey by Confederation of Indian Industry (CII) and McKinsey & Co, Indian economy may expand 5-6
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CII against coal block de-allocation
Adi Godrej, President, Confederation of Indian Industry (CII), remarked that coal blocks allocated under due process should not be cancelled, as any such cancellation will adversely impact business sentiment. He also said that the judiciary should only interfere if there is any violation of law.
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Emerging Kerala 2012: Business Meet
Fast-tracking the campaign to position Kerala as a thriving industrial state and hotbed for investments, Chief Minister Oommen Chandy today made an impassioned plea to top guns of the industry and corporate
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Fulfilling today without compromising tomorrow
India's water situation has deteriorated alarmingly, so conventional measures to augment water levels are not enough. As the world moved this year closer to making water infrastructure a sustainable activity, India lags behind.
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Cabinet nod for Land Acquisition Bill
The Union cabinet has approved the Land AcqĂÂuisition Bill. In the redefined version, a rider has been added that urban projects should be meant for production of goods or services for public.