26 Aug 2020 The Covid-19 pandemic caused widespread disruptions across the Indian economy and affected various sectors, since March 2020. Among other parameters, the financial performance of the economy was also impacted and credit growth in the economy remained subdued as greater uncertainty in the economy led to depressed consumer…
Browsing CategoryEconomy
Easing Doing Business for Cost Competitiveness
13 Jul 2020 Improving the ease of doing business is critically important to attract investors. According this high priority, the Central and state governments have introduced a slew of reforms across various areas. Consequently, India’s ranking in the World Bank’s Doing Business Report has been climbing – it was 142nd (out…
Global Trends
08 Jul 2020 As the world continues to reel under the impact of the novel coronavirus, the global economic situation is getting worse by the day. The latest GDP data from the major economies reveals that the economic activity around the world has crumbled in the aftermath of the pandemic.…
Indian Start-ups Shaping the Nation’s Economy
03 Jul 2020 There has been a significant rise in the number of start-ups in India in the last few years and a large number of start-ups have been launched across diverse sectors such as fintech, AI (Artificial Intelligence), medtech, edtech, hospitality, automobiles and more. There was an addition of more…
CII Theme 2020-21: Building India For a New World – Lives, Livelihood, Growth
11 Jun 2020 As we are pulled out of BC (Before Covid) and learn to live through DC (During Covid), we must prepare for AC (After Covid) so that the new world we are all moving towards is equitable and sustainable while being focused on growth and development. The Confederation…
PM Inaugurates CII Annual Session 2020
08 Jun 2020 “First of all, congratulations to all of you for successfully completing 125 years! Congratulations! There must have been several milestones; you must have faced many ups and downs but running an organization for 125 years is a big thing in itself. I would like to congratulate all…
CII Annual Session 2020: Getting Growth Back
01 Jun 2020 As the world grapples with the impact of the outbreak of Coronavirus which is devastating economies and lives across the globe, the world as we knew it seems to be fading into the distance. With lockdowns and restrictions on movement of goods and people, uncertainty and anxiety,…
Tax tweaks can spur economic revival
12 May 2020 With most economic activities in pause mode due to the Covid-19 contagion, businesses are expected to be hard-hit for at least a few quarters before operations return to normal. The humanitarian crisis is leading to huge demand disruption, which may persist and change habits overnight. The government…
De-stressing the Indian economy – Economic Stimulus Needed Urgently
11 May 2020 The world is grappling with the COVID-19 outbreak. The conundrum, however, has been safeguarding lives while ensuring economic balance. The manufacturing units, supply-value chains, MSMEs, the hospitality sector, and other critical sectors are struggling to find a strong ground to recuperate from the huge economic loss the…
Economic Revival amid COVID-19
04 May 2020 The humankind is currently witnessing the disastrous effect of COVID-19 on the socio-economic balance of the world. It has toppled economic growth and has risked the lives of millions. The tradeoff between the health of masses and industrial activities has been detrimental to the economy. While no…