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, compete, collaborate and provide wider […]
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 are aggressively investing in technology […]
India-Russia Trade and Investment Relations
28 May 2017 Russia has been a long standing, significant partner of India and the relationship with Russia forms a cornerstone of India’s foreign policy. Russia has assisted India in major development projects such as the multipurpose dam at Bhakra Nangal, the steel plant at Bhilai and IIT Mumbai. India’s engagement with Russia now extends […]
Industry 4.0 : Change is Inevitable!
29 May 2017 Big Data and AI (artificial intelligence) are changing the manufacturing sector making it safer, faster, and potentially error free. Managing Director, Lincoln Electric, S Sundarram expounds on these trends. Big Data and AI will play a huge role in Industry 4.0 as the 4th industrial revolution will have the following essential elements. […]
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 comfort to investors and enhance […]
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 in developing nations such […]
Economic Cheer for Festive Season!
17 Oct 2017 Ahead of Diwali, several economic indicators have turned positive, adding a good note to the festivities! The International Monetary Fund (IMF) says that India will grow at 7.4% in 2018 and also expects the country to regain the tag of ‘fastest growing major economy’. Recent reforms such as the Goods and Services Tax (GST) […]
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 Technology (DST), Government of India. […]
Indian Economy in 2018: Current Status, Prospects and Challenges
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) in recognition of the reforms […]
India at Davos: CII-WEF Partnership through the Years
12 Jan 2018 India at Davos 2018 The WEF annual meeting, in its 48th year, will be held from 23 to 26 January in 2018. This year, the agenda for the meeting is focussed on “Creating a Shared Future in a Fractured World”. The 2018 annual meeting at Davos promises to be very exciting. The Hon’ble Prime Minister […]