RBI slashes repo rate: Big relief to small businesses but more support needed; move to revive demand, say industry bodies
The benchmark repurchase (repo) rate was cut by 40 basis points to 4 percent, the lowest since the benchmark came into being in 2000, RBI Governor Shaktikanta Das said.
Coronavirus Outbreak: SEBI reaches out to market participants; discusses capital raising, disclosure issues
Tyagi said SEBI has been responding to market developments through appropriate measures in consultation with various stakeholders.
Industry body CII on Friday suggested that the government should immediately announce a stimulus package of Rs 15 lakh crore, or 7.5 percent of the GDP, observing that the COVID-19 pandemic has led to "deep distress" in the Indian economy
CNBCTV18-CII CEO snap poll: More than 50% expect business normalcy in 6-12 months; want calibrated exit from lockdown
Around 71 percent of the CEOs said layoffs were not imminent in their organisations.
India can be the destination of choice for global manufacturing in the post-COVID 19 world if it gets its acts together with the right policies as a lot of things are going for the country, say industry experts
More than one million information technology employees are expected to continue to work from home even after the coronavirus-inflicted lockdown situation returns to normalcy, says IT industry veteran Senapathy (Kris) Gopalakrishnan
Coronavirus Outbreak: India’s GDP growth likely to range between decline of 0.9% and growth of 1.5% in FY21, says CII
India's GDP is likely to range between a decline of 0.9 percent and a growth of 1.5 percent in the current financial year, with the economy undergoing a "turbulent" phase caused by the coronavirus-induced lockdown, according to a report
Food and beverage major PepsiCo India on Thursday joined hands with industry body CII to provide two million meals to the marginalised communities in Punjab, Haryana and Rajasthan
India Inc on Wednesday backed the government's move to allow industrial units located in rural areas to function from 20 April, and said it will ensure preventive measures for Covid-19 while restarting economic activities
While no official announcement has been made yet, many highly placed sources are suggesting that extending the lockdown is inevitable.
Coronavirus Outbreak: Piyush Goyal hears out industry reps, says FinMin will take 'balanced, nuanced approach' to issues
Union Minister Piyush Goyal on Thursday told trade and industry representatives that all their issues and feedback are being forwarded to the finance ministry, which he says will take a "balanced and nuanced approach" to their problems in view of coronavirus situation
Coronavirus Outbreak: India’s tourism sector may lose Rs 5 lakh cr revenue, 4-5 cr jobs could be cut
The coronavirus pandemic would have a debilitating impact on India's tourism sector with the industry estimating an overall loss of Rs 5 lakh crore and job cuts for 4-5 crore people
Coronavirus Outbreak: Industry bodies seek extension of financial year till 30 June citing current economic situation
CII also called for allowing companies to pass circular resolutions for restricted matters without the requirement of conducting a board meeting for approving such matters for a period up to June 30, 2020.
The Confederation of Indian Industry has urged the government to exempt services such as e-commerce including delivery boys and supply chain vendors, food processing warehousing and IT-ITeS from the imposition of section 144 and other similar directives amid the coronavirus outbreak
Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days
The coronavirus outbreak happened to be a major setback for hopes of a revival in beleaguered auto sector of the country, which had grappled in the red zone due to sharp fall in demand for over two quarters.
Top J&K officials to visit Mumbai today, meet industry leaders to pitch business possibilities in Valley
A global investors' summit is being planned at Srinagar in May, and the event in a city hotel is organised by industry lobby CII, which is also a national partner for the summit
Expectations high on 'mini' trade deal, higher investments from US firms during Trump's visit: India Inc
At the invitation of Prime Minister Modi, Trump is slated to travel to India on 24 and 25 February
Industry chamber CII on Thursday urged the government to increase tax benefits for homebuyers to boost demand in the liquidity-hit real estate sector
NAREDCO's HousingForAll.com portal can be Amazon for real estate: Housing secretary Durga Shanker Mishra
Housing and Urban Affairs Secretary Durga Shanker Mishra on Tuesday launched realtors' body NAREDCO's e-commerce platform for marketing of completed residential units and said the portal has potential to become "Amazon of Indian real estate"
SEBI defers deadline by two years to split roles of chairman, MD on demand from corporates, economic slowdown
Industry body FICCI has welcomed SEBI's decision to extend its deadline for splitting Chairman and MD posts by two years to April 2022.