New Delhi, May 20 (IANS) Union Finance Minister Nirmala Sitharaman and US Ambassador to India Sergio Gor discussed deepening the India-US economic and financial partnership, including collaboration in the fintech sector, investment opportunities and bilateral cooperation, the Finance Ministry said on Wednesday.According to the ministry, the two sides held discussions on strengthening collaboration in the fintech sector, expanding investment opportunities and enhancing bilateral cooperation betwe…
Latest CII News & Updates
New Delhi, May 12 (IANS) India is well on track to achieve its target of 500 GW of non-fossil fuel energy capacity by 2030, New and Renewable Energy Minister Pralhad Joshi said on Tuesday.Addressing the CII annual business summit here, the minister highlighted that India’s journey towards 500 GW green energy capacity is simultaneously laying the foundation for a globally competitive, innovation-driven and Aatmanirbhar energy ecosystem.He said that India’s non-fossil fuel capacity has increas…
Mumbai, May 12 (IANS) Union Labour and Employment Minister Mansukh Mandaviya on Tuesday said the government’s approach towards economic growth is focused on balancing the interests of the poor, farmers, industry and labour, while stressing that industry and workers must move together for India’s long-term development.Speaking at the Special Plenary VII on Next-Gen Labour Reforms during the CII Annual Business Summit 2026 here, Mandaviya said the government is committed to creating a growth m…
New Delhi, May 12 (IANS) The future of India’s growth will be determined by how inclusively micro-enterprises are enabled to adopt, adapt, scale, and compete, Chief Economic Advisor (CEA) Dr V Anantha Nageswaran, said on Tuesday.Addressing a session during the ‘CII Annual Business Summit 2026’ here, Nageswaran said in many leading economies, MSMEs are not technological backwaters but often at the forefront of innovation and technological advancement.“India’s micro-enterprises must evol…
Mumbai, May 11 (IANS) India’s approach towards Free Trade Agreements (FTAs) is focused on building stable and future-ready partnerships that enable domestic industries to integrate more effectively with global value chains, Commerce Secretary Rajesh Agrawal said on Monday.Speaking at a session on “FTAs as Catalysts for Growth in Global Trade” during the CII Annual Business Summit 2026 here, Agrawal said that in an increasingly fragmented global landscape, trade resilience, long-term predic…
New Delhi, May 11 (IANS) The Donald Trump administration is committed to increasing trade and investment relations with India, said US Ambassador to India, Sergio Gor, here on Monday.Speaking at the CII ‘Annual Business Summit 2026’ in the national capital, he highlighted the growing strength of US-India economic ties.”We’re committed to expanding opportunities for trade, reducing regulatory barriers, and encouraging Indian businesses to invest in the United States for the benefit of both our …
New Delhi, May 11 (IANS) Chief Minister Devendra Fadnavis on Monday said that Maharashtra is no longer just a participant in India’s growth story, but the “primary engine” defining the nation’s economic destiny.Addressing the CII annual business summit, he detailed a road map to transform Maharashtra into a $1 trillion economy by 2030, asserting that the state’s success is a prerequisite for India’s goal of becoming a ‘Viksit Bharat’ by 2047.CM Fadnavis opened his speech by contrasting I…
Mumbai, May 11 (IANS) Chhatrapati Shivaji Maharaj International Airport (CSMIA), operated by Mumbai International Airport Limited (MIAL), on Monday announced that it has been honoured with the prestigious Zero Waste to Landfill (ZWL) Platinum – Class I Rating by the Confederation of Indian Industry (CII).MIAL is a joint venture between Adani Airport Holdings Limited (AAHL) and Airports Authority of India (AAI), with AAHL holding 74 per cent stake. With this milestone, CSMIA joins the ranks of …
Mumbai, May 5 (IANS) West Bengal holds significant untapped potential for industrial investment and the time is ripe for change, Vir S Advani, Chairman of the Confederation of Indian Industry (CII) Western Region and CMD of Blue Star Limited said on Tuesday.Speaking to IANS, Advani said that West Bengal presents a strong opportunity for industrial growth.He highlighted that the state has historically seen limited participation from the manufacturing sector compared to other regions.“In West Be…
Mumbai, May 4 (IANS) The Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (IRDAI) are not in favour of allowing banks and insurance companies to participate in the commodity derivatives market, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Monday.Speaking on the sidelines of the IMC Capital Markets Conference at the NSE, Pandey said both regulators have a “valid rationale” behind their stance and are not favourabl…