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The Latest Breaking News from CII

Housing prices in 11 small cities up 63% since 2021, beating value growth in top 8 markets: Report

Housing prices in eleven smaller Indian cities have risen significantly since 2021. These markets show higher value appreciation than India's eight major real estate hubs. The report identifies these cities as potential leaders for future real estate growth. Their economic fundamentals are strengthening, supported by infrastructure and consumption. This trend…

The Economic Times

Consumers deserve nutritional information on food packs; industry backs FSSAI move: Orkla India

Orkla India MD and CEO Sanjay Sharma backed FSSAI’s proposed front-of-pack labelling (FOPL) norms, saying consumers have the right to clear nutritional information. He said the industry supports the regulator’s objective of helping consumers make informed choices, with the main debate being over the format and implementation of the labels.

The Economic Times

India pushes for more MSME suppliers in global aerospace market: Civil Aviation Minister Naidu

India's aviation sector offers immense opportunities for MSMEs and global integration. Indian airlines have placed orders for over 1,600 aircraft, creating significant demand. The country's aerospace market is projected to nearly double by 2035. Indian MSMEs currently supply over USD 4 billion in components annually. Efforts are underway to design,…

The Economic Times

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Ex-CII executive Shuchita Sonalika appointed COO of Canada-India Business Council

Shuchita Sonalika has been appointed as the first Chief Operating Officer of the Canada-India Business Council. This appointment strengthens the council's capacity and its role in the economic corridor. Sonalika brings nearly eighteen years of experience advancing India's economic partnerships globally. She previously led operations for the Confederation of Indian…

The Economic Times

India Inc backs PM Modi’s Independence Day push, vows to turn vision into action

Industry leaders welcomed Prime Minister Modi's Independence Day address. The Prime Minister outlined seven key areas for national development. These streams aim to boost manufacturing, agriculture, and technological innovation. India Inc expressed readiness to invest in strategic sectors for growth. The nation anticipates achieving developed status by 2047.

The Economic Times

These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to do

Property sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay impacts individuals selling property acquired before July 23, 2024. Advance tax payments for the first quarter were due before the index was notified. Underestimating tax liability could lead to interest charges for deferred payments.…

The Economic Times

Indian officials to testify before US Trade Representative to counter tariff move

India is set to strongly contest proposed US tariffs next week, arguing that allegations of forced labour are legally unsound and will harm American businesses. Indian industry representatives will present a robust counter at a public hearing, highlighting the country's comprehensive legal framework and compliance measures.

The Economic Times

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Chinese tech, investments welcome, but trade opening needs caution: CII President

Chinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan. He emphasized reducing import dependence on China and boosting domestic manufacturing. Mukundan also highlighted potential collaborations in battery storage and semiconductor chemicals. Regarding the US, he stressed the…

The Economic Times

Industry lauds Modi on becoming longest serving Prime Minister

Prime Minister Narendra Modi has become India's longest-serving elected Prime Minister. Industry leaders congratulated him, noting his transformative leadership. Under his tenure, India has seen significant economic development and reforms. The nation has emerged as an influential global voice. Industry leaders expressed confidence in achieving the Vision of Viksit Bharat…

The Economic Times

Union minister Piyush Goyal launches skill, AI employment initiatives in Mumbai

In a significant push towards building a future-ready workforce for Viksit Bharat 2047, Uttar Mumbai MP and Union Commerce Minister Piyush Goyal today inaugurated a series of skill development, AI-enabled employment and industry-led training initiatives in Mumbai, underscoring the critical role of youth, technology and partnerships in shaping India's growth…

The Economic Times

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

MyLifeXP

Uday Kotak puts India's troubles in perspective as the economy swings between hope and despair in the wake of Iran war

CII Annual Summit: Uday Kotak issued a rallying cry for India to gear up for looming global challenges. He stressed upon the importance of a proactive stance rather than a wait-and-see approach for India to successfully navigate the current global turmoil.

The Economic Times

India Inc reads calm, not alarm, in PM Modi's austerity message

Prime Minister Narendra Modi urged a cutback on reducible expenses like fuel, foreign travel, and gold. Industry leaders see this as a call for self-reliance and moderated consumption. Global economic pressures, particularly from the West Asia crisis, are impacting India. Leaders support the Prime Minister's message, emphasizing domestic investment and…

The Economic Times

Indian investments in US on rise, creating American jobs: Official

Indian companies are investing significantly in the United States. Recent data shows USD 16.4 billion in foreign direct investment, creating over 70,000 jobs. Indian firms are also contributing to research and development. Massive new investments are expected at the SelectUSA Investment Summit. This inflow of capital strengthens the American economy…

The Economic Times

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The Economic Times

Indian investments in US on rise, creating American jobs: official

Indian companies have invested USD 16.4 billion in the United States. This investment has created around 70,800 jobs. Indian firms also contributed USD 330 million to research and development. These investments are strengthening the US economy. They are bringing capital and supporting communities across various states. Sun Pharmaceutical Industries Ltd…

Newslaundry

Modi 3.0 brings coalition concerns, and a paradox for pink papers

“India Inc wants new govt to create jobs, control inflation.”

The Hindu

CII suggests economic policies for the new government in Andhra Pradesh

CII Andhra Pradesh Chapter's policy recommendations for new government to boost growth through fiscal reforms, sectoral strategies, and EoDB improvements.

The Hindu

CII to bridge gap between academia and industry

Principals and industry leaders discuss collaboration to bridge academia-industry gap, fostering innovation and mutual success in Mysuru.

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The Hindu

T.N. is looking at investment partnerships for hydrogen and fuel cell research

Investment partnerships for hydrogen and fuel cell research in Tamil Nadu drive growth and sustainability in commercial vehicles.

The Hindu

CII-IWN Andhra Pradesh Chapter elects new office bearers

CII-IWN AP Chapter elects new office-bearers for 2024-25, discusses inclusive leadership and gender equality in Vijayawada meeting.

The Hindu

CII Tamil Nadu State Council gets new office-bearers

Srivats Ram elected chairman and Unnikrishnan A.R. elected vice-chairman of CII Tamil Nadu State Council for 2024-25.

The Hindu

New office bearers for CII Chennai zone for 2024-2025 -

Milan Wahi appointed Chairman and Ajith Chordia Vice-Chairman of CII Chennai Zonal Council for 2024-25.

The Hindu

Advantage Mysuru: Experts discuss on empowering Mysuru’s global value

CII Mysuru conference highlights global growth opportunities for industries, emphasizing sustainability and global competitiveness in business strategies.

The Hindu

Three-day CII agri-tech expo to begin in Hyderabad on February 16

CII-Telangana to organise Agri Tech South 2024 Exhibition and Agri Vision Conference in Hyderabad, featuring industry leaders and experts.

The Hindu

One Nation, One Election to improve govt efficiency, foster economic development: CII

The High Level Committee on One Nation One Election, chaired by former President Ram Nath Kovind held its fifth meeting.

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