Even though the Indian Economy slowed down to 5.4 per cent in the second quarter, it will grow in the range of 6.5 to 7 per cent this fiscal, voiced Chief Economic Advisor (CEA) Anantha Nageswaran on Thursday.
India has been growing rapidly amidst a slowing global economy due to the Government's prudent fiscal management for macroeconomic stability, CII director Chandrajit Banerjee said on Sunday.
It cautioned that overly aggressive targets beyond these could adversely affect India's economic growth.
Bengaluru SG Pipers moved to the top of the points table while Sumit Nagal's Gujarat Panthers rose to second spot in the first half of Day 2 in Season 6 of the Tennis Premier League at the Cricket Club of India (Bengaluru) courts here on Wednesday.
Commerce and Industry Minister Piyush Goyal on Thursday launched the CII Ease of Doing Business and Regulatory Affairs portal for getting insights into India's business environment and to receive and track suggestions for improvement.
“At CII, we intend to address the need of the Indian hospitality industry for skilled, globally benchmarked talent. Hence this partnership with the 127-year-old EHL Group, which is ranked as the best hospitality and leisure management school in the world. We also wanted to partner with stalwarts of Indian hospitality to impart training to the students, and ITC Hotels was the natural choice."
The MoU is aimed at promoting industry-academic partnership among members of CII and HP-PERC in the areas of training, exchange of students and faculty, upgradation of curriculum and joint research consultancy.
He said that there is an urgent need to look towards improving the presence of MSME industry in the 115 identified aspirational districts of the country.
Das, in his address, said both private and public sectors have to play an important role in developing infrastructure that requires huge investments.
As per CII, enforcing contracts is a challenge due to insufficient commercial courts and infrastructure. It suggests major digital reforms such as virtual court proceedings, e-filing, and work from home to speed up court deliberations.
