Page 3 - Confederation Of Indian Industry
Covid-19: Experts seek income support, cash transfer for those affected
NIPFP's Rathin Roy said that providing income support and preventing wealth disruptions is a necessary requirement in the current situation.
 "Covid-19: Experts seek income support, cash transfer for those affected")
Covid-19 crisis: PM Modi says growth will return, more reforms in the works
He said the pandemic might have applied the brakes on the speed of the economic growth, but the country had left behind the phase of lockdown and entered the first phase of unlocking.
 "Covid-19 crisis: PM Modi says growth will return, more reforms in the works")
IN PICS: 5 Key takeaways from PM Modi's video address at CII annual session
"Getting growth back is our motto, too, as we reopen the economy. India will get its growth back," Prime Minister Narendra Modi said in his address
 "IN PICS: 5 Key takeaways from PM Modi's video address at CII annual session")
Exports likely to improve in May, contraction expected to be 30-35%: Goyal
Addressing the Digital Summit on Exports organised by the Confederation of Indian Industry (CII), Goyal said he expects the fall in exports to narrow to 8-10 per cent in June.
 "Exports likely to improve in May, contraction expected to be 30-35%: Goyal")
Energy Efficiency Services JV becomes fastest-growing Indian firm in UK
The EPAL's watershed moment was in 2018 when it acquired Edina, UK's leading supplier, installer and maintenance provider for Combined, Heat and Power solutions.
 "Energy Efficiency Services JV becomes fastest-growing Indian firm in UK")
Experts urge govt to lock in crude oil purchases as prices start rising
They suggest it is time the govt chipped in as a sovereign oil hedger, perhaps by taking hedging as a Cabinet decision
 "Experts urge govt to lock in crude oil purchases as prices start rising")
Defence more aggravated than other sectors amid coronavirus: Rajnath Singh
The Minister was addressing, via video conference, MSMEs E-conclave, jointly organised by SIDM, Confederation of Indian Industry (CII) and Department of Defence Production
 "Defence more aggravated than other sectors amid coronavirus: Rajnath Singh")
Resume operations, says FM Sitharaman; India Inc cites hurdles in way
Industry wants cash in the hands of the poor, more policy reform in sectors such as tourism, automotives and aviation
 "Resume operations, says FM Sitharaman; India Inc cites hurdles in way")
Untangling regulations: Defence on Make in India drive; FDI cap hiked
Measures include negative import list, corporatisation of ordnance factories
 "Untangling regulations: Defence on Make in India drive; FDI cap hiked")
Tax tweaks can spur economic revival
These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track
 "Tax tweaks can spur economic revival")
Experts fear massive 40% fall in April GDP, call for unlocking of economy
"There are some signals... the global markets are fearing that India is going to slide into a controlled economy which is very damaging," said former Chief Economic Advisor Kaushik Basu
 "Experts fear massive 40% fall in April GDP, call for unlocking of economy")
Day 1 of lockdown 3.0: India limps back, but industry still in limbo
With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.
 "Day 1 of lockdown 3.0: India limps back, but industry still in limbo")
Covid-19: Massive job, revenue loss lies ahead, says CII survey of CEOs
Based on the responses of more than 300 chief executive officers (CEO) across industries, the survey shows that a broad cross-section of firms foresee a delay in economic revival
 "Covid-19: Massive job, revenue loss lies ahead, says CII survey of CEOs")
Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains
Reiterate demand for a stimulus package
 "Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains")
Beating the pandemic of recession
Money should not be a consideration in protecting jobs, people and industry as the economy nosedives
 "Beating the pandemic of recession")
Coronavirus impact: 60% firms run at less than 25% capacity, says CII
The movement of workers and raw materials remain key hurdles to resuming businesses despite the government allowing major chunks of the industry to operate
 "Coronavirus impact: 60% firms run at less than 25% capacity, says CII")
Need to open industry across zones amid Covid-19 lockdown: CII to govt
The Home Ministry order classifies areas of large outbreak, or clusters with a significant spread of the virus, as 'hotspots' or red zones.
 "Need to open industry across zones amid Covid-19 lockdown: CII to govt")
Banks to seek extension of moratorium on loan repayments beyond June
CII has sought an increase in credit limits for all regular banking accounts by 25 per cent
 "Banks to seek extension of moratorium on loan repayments beyond June")
Lockdown extension: Put cash in hands of poor, Chidambaram tells govt
PM Modi said that the fight against Covid-19 could be successful only if the citizens cooperate and maintain the discipline
 "Lockdown extension: Put cash in hands of poor, Chidambaram tells govt")
Need economic package and open industry in staggered manner, says CII
The CII has argued in favour of the government providing direct rations to affected populace rather than cash
 "Need economic package and open industry in staggered manner, says CII")
