Mandaviya said the government has readied the facility for withdrawal of 75 per cent of provident fund (PF) balance through ATMs and will soon roll it out
Tata Chemicals MD and CEO R Mukundan succeeds Rajiv Memani as CII president, while Suchitra Ella and Shashwat Goenka join as office bearers
Kotak backs PM's austerity push; warns of navigation challenges amid a global tribal mindset
The ₹1 lakh crore RDI Fund aims to create a deep-tech asset class and mobilise up to ₹10 lakh crore through private-sector innovation and research
Industry body proposes gradual rollback of petrol and diesel duty cuts alongside measures to support MSMEs, energy conservation and supply-chain resilience
India's private sector capital expenditure rose 67 per cent to Rs 7.7 lakh crore in September 2025 from Rs 4.6 lakh crore a year ago, CII said on Sunday, as it unveiled a five-point industry action agenda amid the West Asia crisis and beyond, comprising a phased drawdown of the central excise cut on petrol and diesel. The Confederation of Indian Industry (CII) termed the surge in private capex as the most decisive evidence yet of a powerful and broad-based revival in the country's investment cycle. "The Rs 10 per litre central excise cut on petrol and diesel, taken at significant cost to the exchequer, should be progressively rolled back in tranches over six to nine months as crude prices stabilise," argued CII. Its five-point agenda also pitches for a 45-day MSME payment guarantee; supply-chain ring-fencing with deeper import substitution; and a front-loading of private capex coupled with voluntary price restraint and a stepped-up internship intake; among others. CII's analysis of
Rajiv Memani, president of the Confederation of Indian Industry and regional managing partner of EY Africa India region speaks on the challenges and opportunities facing India Inc
Anuradha Thakur, Secretary in the Department of Economic Affairs, said India continues to stand out as a reliable and rapidly expanding economic partner
Industry lobby CII on Sunday outlined a 20-point agenda to mitigate the impact of the West Asia crisis, calling for measures including a temporary exemption from long-term capital gains tax for foreign investors in the primary market, the introduction of a time-bound Conflict-Linked Emergency Credit Line Guarantee Scheme and a three-month moratorium and restructuring window for MSMEs. CII proposed that priority sector lending (PSL) norms may be revisited to enable banks to respond more flexibly to sector-specific stress during external disruptions. It also suggested that the RBI could institute a Special Refinance Window for MSMEs and other affected sectors, among other measures, seeking their consideration by the government. To sustain foreign capital inflows into primary markets during a period of heightened global uncertainty, the Ministry of Finance may consider a temporary exemption from long-term capital gains tax for foreign investors in primary market investments, with the .
Industry body CII on Sunday commended the government for its "swift, coordinated and well-calibrated response" to the disruptions arising from the West Asia crisis, and laid out a 12-point agenda for India Inc to complement these efforts. CII Director General Chandrajit Banerjee said while the policy response has mitigated immediate risks, the evolving situation requires continued coordination between the government and industry. "The policy approach has correctly focused on maintaining production continuity and supporting viable enterprises," Banerjee noted. "The next phase requires industry to build on this foundation with practical and responsible actions." Banerjee emphasised that the government's response has been timely, measured and reassuring. It reflects a whole of government approach that has focused on keeping supply chains functional, supporting exporters, protecting households and maintaining macroeconomic stability. Industry deeply appreciates both the intent and the
Industry leaders on Tuesday emphasised that trust, innovation and empowered organisational structures are critical for building resilient and future-ready institutions, as businesses navigate rapid technological change and evolving consumer expectations. Speaking at the annual regional meeting and conference of the Confederation of Indian Industry (CII), Eastern region, themed 'Vision with Velocity', corporate leaders said institutions must balance scale with agility while remaining anchored in strong values. ITC chairman Sanjeev Puri said long-term institutional success rests on three pillars -- vision, values and vitality. "Reshaping the narrative of a legacy institution comes down to vision, values and vitality," Puri said, adding that businesses must move beyond simple diversification to build multiple drivers of growth aligned with market opportunities and institutional strengths. He stressed that large organisations should function like "multiple startups within a larger ...
Sawhney noted the need to explore how AI adoption across sectors and MSMEs is driving measurable gains in throughput, reduced downtime, improved yield, and smarter decision-making
Industry confidence rose to a five-quarter high in the December quarter of FY26, supported by steady domestic demand
Rising for the third consecutive quarter, CII's Business Confidence Index climbed to a five-quarter high of 66.5 in Q3 FY26, driven by optimism around demand, profitability, and investment conditions, the industry lobby said on Sunday. Domestic demand remains the key driver, with two-thirds of firms reporting higher demand in Q2 FY26 and 72 per cent expecting further growth in Q3 FY26, aided by GST rate cuts and festive consumption, the industry body said in the survey. CII-Business Confidence Index (BCI) is based on a sample survey of firms covering all industry sectors, including micro, small, medium, and large enterprises, from different regions. The survey also enumerated responses across industry groups, both in the public and private sectors, engaged in the manufacturing and services sectors. It was conducted during the first to third week of December 2025, covering more than 175 firms of varying sizes. Moreover, investment and hiring intentions remain robust. Notably, 69 pe
Industry body CII has urged the government to mandate green hydrogen blending across sectors such as refining and fertilisers, backed by incentives and cost-offset mechanisms to spur demand
Ahead of the Union Budget 2026-27, CII has urged the Centre to adopt a demand-based, three-year privatisation pipeline for public sector enterprises to unlock nearly Rs 10 trillion of value
Ahead of the FY27 Union Budget, CII has outlined a four-point fiscal strategy focused on debt discipline, transparency, revenue mobilisation and spending efficiency
Under the Code on Wages, fixed term employees are now eligible for payment of gratuity if they serve for a minimum period of one year
Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National Infrastructure Pipeline (NIP) 2.0 for 2026-32; offering incremental tax credits or compliance relaxations for firms achieving significant new investment, production, or tax contribution milestones; and establishing an NRI Investment Promotion Fund. It also called for reinstating accelerated depreciation benefits to further incentivise fresh capital expenditure and technology upgrades, particularly for MSMEs and manufacturing industries, provided the measure is structured to stimulate modernisation without triggering ..
The minister stated that the government was also working on further easing visa processing by reducing the time taken to apply for e-visas, which will also make travel easier for foreign tourists