The Centre is looking to convene a meeting of the all-powerful Goods and Service Tax Council in early January. The meeting is likely to focus on rectifying the inverted duty structure for a few more items and will also serve as a platform for pre-Budget discussions between Union Finance Minister Nirmala Sitharaman and state finance ministers, Business Standard has learnt. "The current Winter Session of Parliament ends on December 23, followed by the Christmas-New Year period. "After that we would like to have a meeting of the GST Council, depending on whether there can be a quorum," a top government official said.
Signing a memorandum of understanding in this regard with Confederation of Indian Industry's deputy director general Indrani Kar, World Bank President Robert Zoellick said the India Wildlife Business Council would lead the efforts to save tiger from becoming extinct.
Confederation of Indian Industry has demanded the removal of Fringe Benefit Tax and various other direct tax reforms
Infosys executive co-chairman and president of the Confederation of Indian Industries Kris Gopalakrishnan on Friday heaped praise on Gujarat Chief Minister Narendra Modi, describing him as 'a global leader'.
As campaigning picks up for the Lok Sabha elections, the newly elected President of industry body CII, Venu Srinivasan, has said he will promote a transparent way of donations to political parties by business houses.
Striking a different chord with Prime Minister Manmohan Singh, who prescribed a social charter for the industry, Confederation of Indian Industry's new president Sunil Mittal on Friday
Officials said several witnesses were heard on the impact of the pandemic. They added that this was the longest meeting of the panel without a break so far.
A green building movement was initiated in India in 2001 by the Indian Green Building Council (IGBC), a part of Confederation of Indian Industry (CII) to promote eco friendly buildings.
The report, to be released in Japan at the India-Japan Business Summit on the completion of 60 years of diplomatic relations, has termed infrastructure as the biggest bottleneck that has threatened the sustainability of India's economic growth.
Andhra Pradesh ranked No.1 with regard to the total number of investments made in textile projects this year, a study conducted by Confederation of Indian Industry-Southern region said.
Raising the share of manufacturing from about 17 per cent to 25 per cent of GDP is necessary, says S Gopalakrishnan.
Projecting a higher growth rate of 8.3 per cent, the Confederation of Indian Industry on Thursday tempered the optimism with the caution that hardening interest rates, below-normal monsoon and spiralling oil prices could cut-off the crescendo.
Since independent directors are not involved in the day-to-day management of the company, their liabilities should be distinguished and made less onerous than liabilities of the executive and non-independent directors, said a CII statement.
Confederation of Indian Industry has asked Prime Minister Manmohan Singh to fast track economic reforms, which in turn would boost investments and accelerate growth, chamber's new president Adi Godrej said on Thursday.
Is he a hard-nosed prime ministerial aspirant or an earnest visionary?
India Inc said the Foreign Trade Policy would give a significant push to manufactured goods and agriculture- and labour-intensive exports.
What were the words that Rahul used the most in his speech at the annual general meeting of industry body Confederation of Indian Industry
Gandhi was especially excited when CII requested him to present the Women's Exemplars award.
Ahead of the five-day visit from tomorrow of Pakistan's commerce minister, Makhdoom M Amin Fahim, the Confederation of Indian Industry (CII) on Sunday recommended that bilateral economic cooperation be promoted through a focus on healthcare, information technology and entertainment sectors.
The government on Friday admitted that providing more and better jobs to the young still remained a challenge, even as the Indian economy was back on a high growth path after hit by the global financial crisis for two years.
The lawmakers, speaking at a Capitol Hill event hosted by the Confederation of Indian Industry to release its new study about Indian companies investing heavily in the US and both saving and creating jobs, hoped that this message will alleviate the concerns over outsourcing and loss of American jobs among their constituents.
American lawmakers, who were attending the Confederation of Indian Industry's launch of a new study on Indian investment in the United States at a Congressional reception on Capitol Hill, showered Ambassador Meera Shankar with a surfeit of kudos, much to her embarrassment.Congressman Joe Crowley, New York Democrat and co-chair of the India Caucus in the US House of Representatives, said, "Ambassador you are a rock star". He also spoke of her receiving "a rock star welcome".
India's apex industry chamber Confederation of Indian Industry has landed itself in a controversy over the issue of its support to launching negotiations on trade and investment issues, opposed by developing countries.
The annual ball, renamed this year as 'India soiree', showcased the food, fashion and performing arts of the country.
Taking into account the buoyant performance of the Indian economy in the first half of the current financial year, the Confederation of Indian Industry (CII) has revised its GDP growth estimate for the year from around 8 per cent to 8.6 per cent.
.jpg)
Ahead of the visit, Chinese embassy officials briefed Indian scholars that investment promised would be $100 billion. How this figure came down to $20 billion is a mystery.
While Delhi turns out be the safest and best city to live in India, Jamshedpur and Patna are rated as the worst cities.
India and Russia have agreed to double bilateral trade within 3 years to $10 billion.
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.
Leading industry chambers, Confederation of Indian Industry and Federation of Indian Chamber of Commerce and Industry on Tuesday said the loss caused by Tsunami disaster was limited to shipping, tourism and marine products export sectors but refused
B Muthuraman, vice chairman, Tata Steel, has been elected as the vice president of CII.
In his inaugural address at the 7th edition of Pravasi Bharatiya Divas, organised by the Ministry of Overseas Indian Affairs, Tamil Nadu government and Confederation of Indian Industries, the prime minister said that professionals, including doctors, dentists, pharmactists, engineers, architects and chartered accountants, would have the benefit of practising their professions in India.
India Inc expects huge business opportunities to open up with the Nuclear Supplier's Group sanctioning an India specific waiver on Saturday.
Corporate India is on the path to recovery after having been pummelled around in the global recessionary storm, with companies showing optimism on hiring and salary increases, says a joint Mercer-CII survey.
Concerned over the non-performance of some schemes over a long period of time, Sebi Chairman U K Sinha said that fund houses need to look into the matter and consider merger of some schemes.
