'Decision to scrap MAT will boost India's investment position'

Last Updated: Wednesday, September 2, 2015, 20:09

Industry body CII Wednesday said the government's announcement that minimum alternate tax will not be imposed on overseas portfolio investors retrospectively will boost India's position as a favourable investment destination, help reduce litigation and resolve disputes.

Black money: CII lauds govt's efforts to fight menace

Last Updated: Sunday, August 16, 2015, 19:22

A day after Prime Minister Narendra Modi in his Independence-Day speech talked about the steps taken to unearth black money, industry chamber CII Sunday hailed the government's efforts to fight the menace while advocating 'stringent punishments' for offenders.

Parliamentary logjam holding up GST, other key bills: CII

Last Updated: Tuesday, August 4, 2015, 17:01

Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.

Government forms task force on capital goods to tackle irritants

Last Updated: Sunday, May 17, 2015, 12:06

The Heavy Industries Ministry has set up a task force to sketch out a road map for the country's capital goods sector.

GST to boost growth rate by 1.5 percentage points: Industry

Last Updated: Wednesday, May 6, 2015, 18:02

Welcoming the passage of GST Bill in the Lok Sabha, industry and experts said roll out of the new tax regime would add 1.5 percentage points to the economic growth and create a common market across the country.

European development bank inks pact with CII

Last Updated: Monday, April 6, 2015, 16:25

EBRD Vice-President Phil Bennett and Confederation of Indian Industry (CII) Director-General Chandrajit Banerjee signed an agreement to this effect today, the bank said in a statement issued from London.

Obama's visit signifies inflection point in US-India bilateral relationship: CII

Last Updated: Monday, January 26, 2015, 17:21

Director General of Confederation of Indian Industry (CII), Chandrajit Banerjee, has said that US President Obama's visit as the Chief Guest at Republic Day signifies an inflection point in the US-India bilateral relationship.

Government's effort to boost manufacture sector: CII

Last Updated: Monday, December 8, 2014, 14:25

Industry body CII on Monday said that the government`s efforts to bolster investments in manufacturing will take the sector on a high growth trajectory.

CII calls for critical distribution reforms in agriculture

Last Updated: Wednesday, January 15, 2014, 19:23

Confederation of Indian Industry (CII) president Chandrajit Banerjee has called for critical distribution reforms in the agriculture sector to ensure a further decline in inflation.

2% rise in industrial output not enough: India Inc

Last Updated: Tuesday, November 12, 2013, 22:31

India Inc Tuesday said the rise in industrial output which came in at 2 percent in September was not enough to conclude that recovery is on the cards as manufacturing growth would remain subdued in coming months.

'Govt must remove supply bottlenecks to trim retail inflation'

Last Updated: Tuesday, November 12, 2013, 22:25

Terming the rise in October retail inflation despite a bumper crop as "disturbing", India Inc today said the Government must immediately address supply side bottlenecks to bring down the consumer price inflation.

India Inc asks govt to take steps to narrow down CAD

Last Updated: Thursday, June 27, 2013, 17:33

Expressing serious concerns over the current account deficit touching a record 4.8 percent in 2012-13, India Inc Thursday asked the government to take all policy measures, including boosting exports and foreign exchange inflows to bring down CAD.