Category Archives: FICCI

FICCI comments on the Moody’s upgrade of India’s rating

Moody Investors Service upgrades ratings of 9 PSUs

“Moody’s upgrade of India’s rating is a reaffirmation of the various reform measures undertaken by the government over the last three to four years and we welcome this move”, said Mr. Pankaj R Patel, President, FICCI. “The ratings upgrade along with the recently reported improvement in India’s ease of doing business ranking underline the fact… Read More

ICMR signs MoU with FICCI for commercialization of technologies

ICMR signs MoU with FICCI for commercialization of technologies

The Federation of Indian Chambers of Commerce and Industry (FICCI) signed a MOU with Indian Council of Medical Research (ICMR) for Health Technology Accelerated Commercialization (H:TAC) Program. H:TAC will be implemented in partnership with the IC2 Institute at the University of Texas at Austin. Under the program, FICCI and IC2 Institute will commercialize… Read More

Indian Food Services market to grow at CAGR of 10% in 5 years

Indian Food Services

A FICCI – Technopak report ‘Indian Food Services Industry: Engine for Economic Growth & Employment – A Roadmap for Unlocking Growth’, which highlights the overall potential of the food services industry in India and captures the emerging trends in the industry was launched by Mr. Pawan Kumar Agarwal, Chief Executive Officer, Food … Read More

FICCI comments on WPI inflation data

FICCI

Both wholesale and retail prices edged up in the month of October. The increase was led by firming up of food prices with vegetables segment remaining a key stress point at this juncture. However, this is
due to adverse weather conditions and the situation should ease out in the coming months”, said Mr. Pankaj Patel, President, FICCI.
“FICCI would like to… Read More

Dharmendra Pradhan urges private sector to consider recognition of Prior Learning to skill and upskill private security workforce

Dharmendra Pradhan

Dharmendra Pradhan, Minister of Skill Development and Entrepreneurship, Government of India,  urged the private sector to consider Recognition of Prior Learning (RPL) where without any financial implication private security workforce would be skilled and upskilled and provided certification.
Addressing a Special Session on ‘Critical issues … Read More

Government finalising the new national education policy

National education policy

In the wake of protectionism, knowledge sharing and student exchange programmes become critical and gives a new hope for tomorrow. Around five million students move around the globe for education. India was among one of the nations with high outflow of students, the country spends more than $20 billion on students studying abroad and there was a need to make… Read More

Digital brought a welcome change to the way of banking in India | RBI

RBI

Reserve Bank of India Deputy Governor Mr. N S Vishwanathan today inaugurated FIBAC 2017, the largest annual conference on finance and banking in India, organised by Federation of Indian Chambers of Commerce and Industry (FICCI) and Indian Banks’ Association.
Drawing insights from the book Homo Deus, he described the importance of data in today’s digital… Read More

High time and right time for promotion, protection and projection of India’s goods and to fight against illicit trade

High time

FICCI CASCADE (Committee Against Smuggling an Counterfeiting Activities Destroying the Economy) organized its 4th edition of International conference, MASCRADE-2017 in New Delhi today. The theme of this year’s conference was
Protect Your Brand Globally: Fight Counterfeiting, Smuggling and Piracy. The conference was organized with an aim to ensure… Read More

Nisha Biswal appointment as new President | USIBC

Nisha Desai Biswal

FICCI welcomes the appointment of Ms. Nisha Biswal as the new President of US India Business Council (USIBC). The Chamber had a tremendous working relationship with USIBC in the past with all its Presidents and Chairmen. FICCI is proud to be one of the founding members of USIBC along with the US chambers in March 1975.
Given Ms. Biswal’s vast experience and … Read More

FICCI comments on Monetary Policy Announcement by RBI

RBI

Commenting on monetary policy announced  Mr. Pankaj Patel, President, FICCI said “FICCI is disappointed that the Monetary Policy Committee has chosen to hold the repo rate and not reduce it.
FICCI had sought a 100 bps reduction in interest rate.”
“In context of the current industrial situation, we felt that there was a need for a further cut in the repo… Read More

Feel Good factor returning amongst Indian companies doing business in Europe

FICCI

For the first time in two years, Indian companies doing business in Europe have shed their pessimism and see a rebound in their business prospects in the region. The gradual turn-around has been achieved by Indian corporate by successfully re-positioning and re-aligning their operational capabilities in one of the most demanding and organized markets in… Read More

Government focusing on environmental clearances, standards and eco mark for sustainable production

Government focusing

Environmental clearances and standards and eco marks were some of the areas on which the government is focusing on in order to facilitate sustainable production, said Mr. Arun Kumar Mehta, Additional Secretary, Ministry of Environment Forest and Climate Change, Government of India, at the sixth technical conference on Life Cycle Management in India, organized… Read More