CII News

States should have the power to determine minimum wages: CII

CII says minimum wages fixed by states should be based on three criteria - geographic location, skill and occupation.

Tribute paid to British-Indian engineer, educator Lord Kumar Bhattacharyya

Bhattacharyya, a British-Indian engineer and educator had founded the Warwick Manufacturing Group, a department in the University of Warwick, to strengthen the manufacturing sector in the UK through research and knowledge transfer.


India's robust economic growth to continue in 2019: CII

The country is expected to witness strong economic growth in 2019, after it has emerged as the fastest growing major world economy this year despite growing global vulnerabilities, industry body CII said Sunday. The positive outlook is buttressed by strong drivers emanating from services sector and better demand conditions arising out of poll spend, with […]

Avoid cap on remuneration of independent directors: CII to govt

The total remuneration of non-executive directors, including independent directors, is capped by Section 197 of the Companies Act, 2013, CII said.

Industry cautions against lending freeze in wake of PNB fraud

Assocham Secretary General D S Rawat said while long term solutions like privatisation of banks can be sought, the need of the hour is to rally around honest bank officers and honest business entities which have built trust on each other.

CII urges govt to bring oil, natural gas under Goods and Services Tax

Also, if purchasing dealer is not engaged in inter-state supply of goods (as defined under the CST Act), then he will not be liable for registration and thus not eligible for issuance of Form-C which imposes an additional tax cost burden, CII said.


GST to widen tax net, make India Inc more competitive: CII

"We have emerged...into a new era of economic reform with the introduction of the game-changing GST. This will stand as an exemplar of collaborative reform for the world on an unprecedented scale," CII President Shobana Kamineni said

CII, ISB, GE join hands to launch executive education prog

This partnership will provide public and private sector participants an opportunity to experience and understand the underlying challenges in compliance management.

India Inc backs Raghuram Rajan for second term as RBI Governor

Naushad Forbes, president of CII, echoed Finance Minister Arun Jaitley's stand that personal attacks on the RBI governor Raghuram Rajan are unwarranted and "demeaning".

Good monsoon to boost growth in FY17, says CII chief Naushad Forbes

According to Forbes, despite risk factors, most indicators seemed to point that the economy is headed in the right direction.