29 Dec 2017 With the New Year bells ringing, good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3)…
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Facilitating Technology to Drive Competitiveness
01 Nov 2017 Technology, driven by innovation, is key to achieving inclusive growth and development. Recognizing this fact, the Confederation of Indian Industry (CII) has been holding the prestigious CII Technology Summit as an annual flagship event for the past 22 years in partnership with the Department of Science and…
Managing Sustainability
04 Jun 2017 Ten years ago, CII and ITC joined hands to create a unique institution with an unusual but visionary agenda. When the CII-ITC Centre of Excellence for Sustainable Development was born a decade ago, “sustainability” was barely a footnote in the pages of corporate thought and strategy, more so…
Policy Focus
29 May 2017 1.Cabinet approves setting up of Rail Development Authority The Union government has approved the setting up Rail Development Authority (RDA), an independent regulator to recommend passenger and freight fares and set service level benchmarks. Setting up of RDA will help improve the services offered to passengers, provide…
Fast-tracking outreach programmes through mass adoption of technology
23 May 2017 While technology firms are venturing into the payments and financial services industry, banks today are constantly upscaling and adopting technologies to reach out to untapped masses. This is blurring the lines between FinTech companies and traditional banks. 1. Rural segment Banks across the domestic and international segment…
FinTech innovations to drive financial inclusion
21 May 2017 The traditional banking system is undergoing a much-needed digital transformation with changing customer requirements, the need to include the ‘financially excluded’ segment and simultaneous competition from incubators. As an emerging market, the huge untapped financially excluded market in India has space for all—legacy players and incubators—to grow,…
Indian investment in the UK: the big picture
10 May 2017 The deep economic relationship between India and the UK continues to flourish. In 2016, approximately 800 Indian companies were operating in the UK, accounting for around 110,000 jobs and recording combined revenues of £47.5 billion. The strength of the ties between the two countries is confirmed by figures…
Challenges to growth
25 Apr 2017 While the GDP growth rate remains encouraging, the Indian economy suffers from declining investment, slow industrial growth, overcapacity and rising bank non-performing assets (NPAs). NPAs – Bank NPAs at 9.3% with public sector banks at 11% is a matter of high concern. NPAs are close to Rs…
Inclusive Growth through Greater Collaboration
11 Apr 2017 CII and OECD: Inclusive Growth through Greater Collaboration In a globalized world where there is increasing interdependence among nation’s economic policies and multiple spill-over effects, the role of multilateral organizations like the Organisation for Economic Co-operation and Development (OECD) and the global governance they support is…
Inclusive Growth through Greater Collaboration
11 Apr 2017 CII and OECD: Inclusive Growth through Greater Collaboration In a globalized world where there is increasing interdependence among nation’s economic policies and multiple spill-over effects, the role of multilateral organizations like the Organisation for Economic Co-operation and Development (OECD) and the global governance they support is…