Despite severe drought in fiscal 2002-03, India's agricultural output is enough to sustain the country, Union Agriculture Minister Ajit Singh said on Thursday.
The Confederation of Indian Industry has said a minimum of 7 per cent of GDP, which translates to about Rs 200,000 crore (Rs 2000 billion) a year of investment, has to go into gross capital formation in infrastructure for sustainable growth.
Covering 37 different legislations such as the Partnership Act of 1932, Insolvency and Bankruptcy Code, and laws on environmental protection, consumer protection and labour interests, the recommendations have been shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
India's manufacturing sector was lagging behind China and should be strengthened to increase competitiveness with that country, a study conducted by Confederation of Indian Industry and McKinsey said.
CII and ICICI on Wednesday signed an agreement, during the National Council meeting of CII to formally launch the GBC-USAID Global Development Alliance Project, which aims to foster Green Businesses in India.
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
Confederation of Indian Industry has suggested levying of basic excise duty at uniform rate of eight per cent across the value chain in textiles stating "it will make the sector competitive in the global market."
Interview with K Vasudevan, director, Alstom and chairman of the Energy Cell of the Confederation of Indian Industry.
Consumer credit may slow down to 20-25 per cent due to rising interest rate and the base effect, ICICI Bank CEO, K V Kamath said on Monday.
The government is looking at formulating a national broadband policy to push broadband penetration in the country and has already prepared a vision paper along with the Confederation of Indian Industry.
'If you wish to expand your business in a competitive global environment, you have no option but to be ethical.'
The Confederation of Indian Industry on Monday revised upwards its projections for the country's gross domestic product growth to 7.2 per cent for 2003-04 as against its earlier projection of 6.5 to 6.8 per cent.
Tata Group Chairman Ratan Tata on Monday said the government's decision to restrict WLL mobile services within a local call area, known as short distance charging area, will not have any adverse impact on Tata's WLL operations.
Despite apprehensions of a lower economic growth, Finance Minister P Chidambaram on Thursday hoped that a robust revenue collection would help attain a higher tax:GDP ratio of 10 per cent this fiscal after a gap of 20 years.
Planning Commission on Thursday said the target of eight per cent GDP growth in the 10th Five-year Plan is "fully achievable".
The Confederation of Indian Industry on Monday proposed a 5 per cent cess to develop railway infrastructure and exuded confidence that 7-8 per cent GDP growth was achievable in the next decade.
India will emerge as the global leader in the services sector in the next few years not only in the software sector and IT-enabled services but also in health, design, engineering, education and maintenance,
Credit Suisse First Boston, a leading investment banker, has scaled down India's GDP growth from 5.7 per cent to 5.4 per cent for the financial year 2002-03.\n\n\n\n
As part of efforts to boost Indo-US trade ties, a high-level American delegation led by president and CEO of US Chamber of Commerce Thomas J Donahue will visit India on Tuesday for a meeting with the Confederation of Indian Industry.\n\n\n\n
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