Sharad Jaipuria

Assessing the performance of the Narendra Modi government at the Centre in the first six months, India Inc said the new dispensation has initiated fundamental reforms that have set stage for revival of economic growth.

Buoyed by the drop in inflation which fell to a five-year low of 2.38 per cent in September, India Inc on Tuesday said it provides much-needed headroom to the Reserve Bank of India (RBI) to cut interest rate, key to revive industrial growth.

With industrial production growth coming down to a four-month low, India Inc said on Friday that manufacturing may not out be out of the woods even as it hoped for positive investments and infrastructure-driven environment to boost growth.

Prime Minister Narendra Modi's visit to Japan will induce Japanese companies to invest more in India and bilateral trade is likely to swell to $50 billion by 2019-2020, according to PHD Chamber of Commerce.

Cheering the rebound in India's economy which grew 5.7 per cent in the April-June quarter, highest in the past two-and-a-half years, India Inc on Friday said it expects the GDP to pick up further on the back of conducive investment policies and execution of reforms by government.

Welcoming the governments nod to a higher foreign direct investment (FDI) in defence and opening up the railways infrastructure sector, India Inc on Thursday said the move reflects the Narendra Modi-led government's resolve to usher in economic reforms.

Terming the Economic Survey 2013-14 as a "realistic" assessment of the current picture, India Inc on Wednesday hoped that the Union Budget will address key issues like infrastructure development and implement measures outlined in the document to revive growth.

The new government led by Prime Minister Narendra Modi has brought cheers to the stock market and significantly upped the business confidence of India Inc, according to a survey by PHD Chamber of Commerce and Industry.

India Inc on Wednesday expressed concern over the Congress party's promise to extend job reservation in the private sector and said the move would impede industry competitiveness and it would want to discuss the matter.

A drop in inflation data for the month of January has prompted India Inc to press the Reserve Bank to ease interest rates to perk up investment sentiment and kick start growth.

Expressing happiness on no populist measures being incorporated in the budget, PHD Chamber of Commerce President Sharad Jaipuria said: "The focus was rightly on attracting huge investments to upgrade, modernising and expanding railways as per aspirations of people and attempting to bring in foreign direct investment (FDI)".

Relieved by a decline in inflation, industry on Wednesday urged the Reserve Bank of India (RBI) to lower interest rates to provide a fillip to the sluggish economic growth at a time when industrial output has turned negative.

Expressing serious concern over contraction in industrial output in November, India Inc called for immediate policy interventions, including a rate cut by the Reserve Bank of India (RBI), to prevent job losses and boost demand.

In an interview with PTI, the newly elected president of the chamber, Sharad Jaipuria, said economic slowdown and pending projects are the major reasons for rising bad loans of banks.

Assessing the performance of the Narendra Modi government at the Centre in the first six months, India Inc said the new dispensation has initiated fundamental reforms that have set stage for revival of economic growth.

Buoyed by the drop in inflation which fell to a five-year low of 2.38 per cent in September, India Inc on Tuesday said it provides much-needed headroom to the Reserve Bank of India (RBI) to cut interest rate, key to revive industrial growth.

With industrial production growth coming down to a four-month low, India Inc said on Friday that manufacturing may not out be out of the woods even as it hoped for positive investments and infrastructure-driven environment to boost growth.

Prime Minister Narendra Modi's visit to Japan will induce Japanese companies to invest more in India and bilateral trade is likely to swell to $50 billion by 2019-2020, according to PHD Chamber of Commerce.

Cheering the rebound in India's economy which grew 5.7 per cent in the April-June quarter, highest in the past two-and-a-half years, India Inc on Friday said it expects the GDP to pick up further on the back of conducive investment policies and execution of reforms by government.

Welcoming the governments nod to a higher foreign direct investment (FDI) in defence and opening up the railways infrastructure sector, India Inc on Thursday said the move reflects the Narendra Modi-led government's resolve to usher in economic reforms.

Terming the Economic Survey 2013-14 as a "realistic" assessment of the current picture, India Inc on Wednesday hoped that the Union Budget will address key issues like infrastructure development and implement measures outlined in the document to revive growth.

The new government led by Prime Minister Narendra Modi has brought cheers to the stock market and significantly upped the business confidence of India Inc, according to a survey by PHD Chamber of Commerce and Industry.

India Inc on Wednesday expressed concern over the Congress party's promise to extend job reservation in the private sector and said the move would impede industry competitiveness and it would want to discuss the matter.

A drop in inflation data for the month of January has prompted India Inc to press the Reserve Bank to ease interest rates to perk up investment sentiment and kick start growth.

Expressing happiness on no populist measures being incorporated in the budget, PHD Chamber of Commerce President Sharad Jaipuria said: "The focus was rightly on attracting huge investments to upgrade, modernising and expanding railways as per aspirations of people and attempting to bring in foreign direct investment (FDI)".

Relieved by a decline in inflation, industry on Wednesday urged the Reserve Bank of India (RBI) to lower interest rates to provide a fillip to the sluggish economic growth at a time when industrial output has turned negative.

Expressing serious concern over contraction in industrial output in November, India Inc called for immediate policy interventions, including a rate cut by the Reserve Bank of India (RBI), to prevent job losses and boost demand.

In an interview with PTI, the newly elected president of the chamber, Sharad Jaipuria, said economic slowdown and pending projects are the major reasons for rising bad loans of banks.