CII Naoroji Godrej Centre of Manufacturing Excellence



NEWS AND UPDATE


EXPORT VOLUME OF MOST GOODS RISE IN FY16 DESPITE DIP IN VALUE
06 Jun 2016

India’s merchandise exports may have suffered for a second straight year in 2015-16 in value terms, but volumes of outbound shipments rose in most cases, suggesting the contraction in export Read More


POWER DEFICIT TO BE NIL THIS YEAR
03 Jun 2016

India has, for the first time in history, declared that it will not have a power deficit this year, a situation officials say is an outcome of the current government's initiatives to resolve bu Read More


India Inc's investment-grade credit ratings hit record high
23 May 2016

India Inc's credit profile was at its best last financial year with over 89 per cent of its debt securities being rated as safe for investment -- a record high for such issue.

Credit rati Read More


Central Electricity Authority wants government-funded power projects to use domestic parts
23 May 2016

Government-funded power projects will have to use locally-made equipment and material procured through domestic competitive bidding, the Central Electricity Authority (CEA) has said.

Gove Read More


Indian e-commerce ecosystem shakeup to intensify further : Research Report by Kotak Institutional Equities
20 May 2016

A tightening funding environment has prompted Indian e-commerce ecosystem to adopt stricter evaluation norms for business models, with focus on profitability and consolidation, a report said.

Read More


Reform push by Government may lead to FIPB phaseout
16 May 2016

The government is hoping to do away with the Foreign Investment Promotion Board — the agency set up at the time of economic liberalization 25 years ago — as it further eases rules to do Read More


BRICS may set up Ratings Agency for Emerging markets in October Meet
16 May 2016

After the BRICS Bank, the five-member bloc of emerging nations is considering setting up a credit ratings firm in its efforts to challenge western hegemony in the world of finance. The credit ratin Read More


NCAER pegs GDP growth for FY16 at 7.6%
14 May 2016

The National Council of Applied Economic Research (NCAER) has scaled up India's economic growth projection to 7.6 per cent for 2015-16, from the earlier 7.4 per cent. It pegged the growth margi Read More


Defence exports from India to rise to $2 bn by 2018
14 May 2016

Defence Minister Manohar Parrikar today said the government will take into account the concerns while forging strategic partnership in the critical sector and set a target to raise India’s de Read More


Central Government to push big labour reforms, including hire & fore norms
06 May 2016

The government is firm on achieving all it can on labour reforms despite political hurdles. In spite of protests from unions, it is unlikely to relent on the proposal to allow units employing up to Read More


Auto sales rebound in April 2016
03 May 2016

The country’s top auto makers - Maruti Suzuki, Hyundai Motor, Mahindra & Mahindra and Renault have all reported strong April sales, mainly aided by launches in the utility vehicle segment Read More


Nikkei PMI falls in April 2016
03 May 2016

Weak domestic orders and overly sharp moderation in local demand slowed manufacturing activity to a 4-month low in April 2016.

Read More

Core sector growth picks up, hinting at Industrial recovery
03 May 2016

Core sector growth hit a 16-month high in March, marking a strong end to FY16 and pointing to a possible industrial recovery ahead of the new financial year. India's core sector expanded 6.4% i Read More


Rajasthan plans readymade manufacturing facilities
28 Apr 2016

The state of Rajasthan is planning to soon offer 6 ‘ready to move in’ manufacturing facilities [each measuring upto 40,000 sq mts], especially to its smaller investors, under its plug & Read More


Status update on MGNREGA
28 Apr 2016

Three North eastern States – Tripura, Mizoram and Sikkim – have taken the lead in providing jobs under India’s flagship rural employment surety scheme during 2015-16. The state of Read More


Job creation, Social Security key issues in India – Dr Raghuram Rajan, Governor, RBI
26 Apr 2016

The RBI Governor has highlighted job creation as the most important challenge facing India, in addition to issues pertaining to easier business environment for start-ups, lighter regulations for sm Read More


GOI seeks Industry’s views on Ease of Doing Business
26 Apr 2016

DIPP is seeking feedback from Industry on various regulatory processes in an effort to improve the EODB Index. The regulatory processes mainly concern watchdogs like SEBI, IRDA and FSSAI.

&nb Read More


Minimum wage of Contract Workers hiked
26 Apr 2016

The Union Ministry of Labour & Employment, based on a verdict of the Supreme Court, raised the minimum wage for contract workers to Rs 10,000/- per month – taking into consideration the C Read More


Finance Ministry approves 8.7% interest rate on PF for FY2016
26 Apr 2016

DIPP to map Incubation Centres for Entrepreneurs
25 Apr 2016

The Department of Industrial Policy and Promotion, GOI had recently launched their start-up hub, portal and mobile app to provide a single point of contact for the entire start-up ecosystem as part Read More

India replaces China as top FDI destination in 2015
22 Apr 2016

India has attracted about $63 bn worth FDI projects in 2015, with major companies like Foxconn and SunEdison agreeing to invest in projects worth $5 bn and $4bn respectively. A number of high-value Read More


Wholesale price Index in the negative
19 Apr 2016

The WPI moved into the negative zone in March 2016, consecutively for the 17thmonth, indicating weak demand and lack of pricing power for producers. It declined to 0.85% in March this ye Read More


Global Auto companies in India ride the Exports wave
15 Apr 2016

Global auto cos in India like Nissan, Ford, Volkswagen and General Motors have exported more cars and utility vehicles vis-à-vis their sales in the domestic market. This increase in exports Read More


Enhancement of footprints of Chinese SME companies in India
15 Apr 2016

Chinese SME companies are planning to invest $1 billion in various parts of India across sectors ranging from telecommunications to electrical equipment. This plan is a part of the announcement in Read More


IMF retains India’s GDP forecast at 7.5%
13 Apr 2016

The International Monetary Fund (IMF) retains India’s GDP forecast for 2016-17 at 7.5%, confirming India’s status as the fastest growing major economy. Growth in India to be driven by p Read More


Industrial production reverses trend
13 Apr 2016

India’s IIP growth swung positively by 2& in February 2016 vis-à-vis February 2015. The tempo will be maintained only if this positive swing continues for 3 months continuously. In Read More


GDP is not a good measure of economic performance : Joseph Stiglitz, Economist
13 Apr 2016

Nobel Prize winning economist Joseph Stiglitz, IMF head Christine Lagarde and many others believe that GDP is an incorrect indicator of performance for any economy, as GDP needs to include both eco Read More


100 PER CENT FDI IN FOOD MARKETING TO BOOST SMALL PLAYERS
01 Mar 2016

NEW DELHI: The domestic food processing industry may get a boost with the Budget providing for 100% FDI via the Foreign Investment Promotion Board (FIPB) route in marketing of food products manufac Read More


GOVT WALKS THE BIG TALK ON MAKE IN INDIA
01 Mar 2016

The government has given a big push to the Make in India campaign, the centrepiece of its plan to create jobs through domestic manufacturing, with a raft of tax incentives and proposals that make i Read More


FDI RULES EASED FOR INSURANCE, PENSION, SECURITIES AND NBFCs
01 Mar 2016

NEW DELHI: Finance Minister Arun Jaitley announced on Monday all 49 per cent of foreign investment limit in private insurance companies could come through the automatic route. However, management a Read More


FDI LIMIT IN BOURSES UP AT 15 PER CENT IN BOOST FOR IPO PLANS
01 Mar 2016

MUMBAI: Foreign entities will now be able to own up to 15% stake in domestic stock exchanges.

This will ensure better prospects for initial public offers (IPO) of stock exchanges like the Read More


SOPS FOR INTERNATIONAL FINANCE SERVICES CENTRES GIVE GIFT A FILLIP
01 Mar 2016

MUMBAI: International finance services centres (IFSCs) got a boost in the Union Budget, with finance minister Arun Jaitley announcing a slew of tax exemptions to kickstart such projects.

Read More


INDIA PIPS US, CHINA AS NO. 1 FOREIGN DIRECT INVESTMENT DESTINATION

INDIA ON TRACK TO MEET DEFICIT TARGET, GDP TO EXCEED 7.5%

OECD UNVEILS PLAN TO CURB TAX EVASION BY MNCs

INDIA TO TIE UP WITH G20, OECD NATIONS TO STOP TRANSFER OF PROFITS TO TAX HAVENS

INDIA MOST ATTRACTIVE INVESTMENT DESTINATION GLOBALLY, SAYS EY REPORT

M&A UP WITH DEALS OF $39 BILLION IN 9 MONTHS

ONE-TIME FUND INFUSION FOR STALLED ROAD PROJECTS

GREEN INDIA MISSION PLANS APPROVED FOR FOUR STATES

PANEL SET UP FOR INNOVATION IN GOVERNMENT PROJECTS

INDIA HEDGE FUNDS SHINE AMONG EMERGING MARKETS

$10 BILLION IN SIGHT, AMAZON EXPECTS INDIA TO BE ITS TOP FOREIGN MARKET

CENTRE PLUGS INTO POWER REFORMS TO RECHARGE DISTRIBUTION

MOODY'S GIVES BANKS REASON TO CHEER, UPGRADES OUTLOOK TO STABLE

INDIA IN TALKS WITH JAPANESE LENDERS TO RAISE MORE FUNDS FOR HIGHWAY PROJECTS

SIX EXPERT PANELS SET UP TO REVIEW COMPANIES ACT

INDIA PITCHES FOR HIGHER INVESTMENTS IN AFRICA

Q2 GROWTH AT 7.4 PER CENT, WITH MANUFACTURING BOOST

RBI WIDENS POOL OF FOREIGN INVESTORS ELIGIBLE TO LEND TO INDIAN COMPANIES

SEBI CLEARS LISTING OF STOCK EXCHANGES, GREEN BONDS

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Contact Us

CII Naoroji Godrej Centre of Manufacturing Excellence
Godrej Station-side Colony, Opp Railway Station,
Vikhroli (East), Mumbai – 400 079

: (022) 25745146/5148
: (022) 25743361
ciicme@cii.in