In terms of microeconomic parameters such as return on capital, development of domestic entrepreneurship and corporate governance, India is ahead of China, which is more essential for long term growth.
Addressing the CII annual session, he also indicated to further liberalisation of policies to attract more FDI and FII funds, promote external commercial borrowings, service exports and tourism.
The Forum is organised by Singapore Indian Chambers of Commerce and Industry, with the partnership of state-trade agency IE Singapore, the Confederation of Indian Industry and the Singapore Chinese Chamber of Commerce and Industry.
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
As the president of Assocham, Dhoot has asked Confederation of Indian Industry and Ficci to join him in requesting the prime minister to reconsider the move to ban states from acquiring land.
India will go beyond being a services hub to become the food factory of the world, and the industry must come together on this front.
Riding high on the buoyant economy, an overwhelming majority of the India Inc lists innovation among the top three strategic priorities as compared to their global counterparts, a survey says.
E-commerce is driving thoughts of customers.
Looking to complete its range of vehicles in the automobile sector, two-wheeler major Bajaj Auto has embarked on a four-year programme to develop a quadricycle for the Indian market.\n\n
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Bharti Airtel, India's largest private cellular operator, on Thursday announced an investment of over $2 billion (Rs 9,000 crore) in 2007-08 to expand network.
A meeting to discuss what goods should be included in the negative list of items for India-European Union Free Trade Agreement, was held here recently.
The Yale University and the Confederation of Indian Industry are jointly holding two panel discussions on India in New York later this month, featuring corporate leaders like Indra Nooyi and Nandan Nilekani.
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
Commerce Minister Arun Jaitley will inaugurate 'Made in India' show in Beijing on October 16.\n\n\n\n
Beth Payne, consul general, consulate general of the United States of America said, "Although we cannot predict the number, there has always been a cap on the H1B visas. The number of petitions filed every year are always more than number of H1B visas we can issue because of which we had to introduce the lottery system. I don't see any major impact on India because of the restriction."
Israel Prime Minister Ariel Sharon's visit to India is set to establish a strong business platform at the highest level between India and Israel, Avigdor Itzchaky, director general, Prime Ministers Office, Israel, said.
The prime minister's statement was 'distorted' and seen out of context, the minister said, adding that focus of the media is more towards the form and not the content... "towards the letter and not the spirit".
The Confederation of Indian Industry on Thursday expressed confidence that the economic reforms would continue to be a focal point whichever party forms the next government.
The Confederation of Indian Industry expects an upswing in the Indo-UK bilateral relations under new British Prime Minister Gordon Brown.
Minister of State for External Affairs Vinod Khanna will lead the Indian delegation to the World Economic Forum extraordinary annual meeting in Jordan from June 21-23.
Erehwon Innovation Consulting, a global innovation facilitation firm, and the Confederation of Indian Industry are jointly organising a global two-day innovation summit in Bangalore on June 16 and 17.
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