Category Archives: FICCI
PHD Chamber of Commerce and Industry has urged the Union Finance Minister to restrict corporate tax at 25% with cesses and surcharges and increase the rebate on interest paid on housing loan by 1.5 lakh from fiscal 2017-18 with a special provision in the forthcoming Budget through which lending to MSMEs by NBFCs could be brought in priority sector.
Submitting… Read More
The IIP data announced today which shows an upsurge in manufacturing in the month of November’16 is in line with FICCI Manufacturing Survey which had projected better outlook for manufacturing in the said time period. It is heartening to note that the growth is broad based & signals a positive jump in the manufacturing production, said Mr. Pankaj Patel,… Read More
The advance estimates for GDP as well as GVA growth for FY17 released today are in line with the estimates of the RBI, pointing towards slow growth ” said Mr. Pankaj Patel, President, FICCI. “The data on gross fixed capital formation corroborates the weakness in investment activity. We hope that the recent cut in lending rates by banks and the impetus given… Read More
FICCI is leading a high-level Business Delegation accompanying Mr. Piyush Goyal, Minister of Power, Coal, New & Renewable Energy & Mines to the World Future Energy Summit at Abu Dhabi during 15-18 January 2017. As a part of the Minister’s visit to participate in 7th International Renewable Energy Agency (IRENA) Assembly Meeting and the World… Read More
“Latest data released for the month of December 2016 reports wholesale based inflation rate edging up marginally on the back of increase in prices of fuel & power and manufactured products segments. However, food prices continue to remain on a downtrend having a salutary impact on the overall inflation rate. In particular, prices of vegetable, fruits… Read More
: Members of the International Organisation for Migration (IOM) Council, at its 107th Session held in Geneva, granted the Federation of Indian Chambers of Commerce and Industry (FICCI) observer status to the IOM Council. On the 13th of December 2013, the International Organisation for Migration and the Federation of Indian Chambers of Commerce and Industry… Read More
India was the country of focus this time at the World Future Energy Summit, concluded last evening in Abu Dhabi. India specific sessions titled ‘India’s Renewable Energy Ambition’, ‘India: Solar and Wind project overview’ and ‘Financing India’s Renewable Energy Strategy’ were organized on Day 2 of the summit. While moderating… Read More
Indian Industry is very optimistic about the future of India-US relations under the incoming new US administration.
FICCI welcomes Mr Donald J Trump as the 45th President of United States. Indian Industry is very optimistic about the incoming administration under President Trump and future of India-US relations under the incoming new US administration. The optimism about President Trump stems from the fact that he promises major tax cuts and reforms, which may instil … Read More
The Overall Business Confidence Index (OBCI) rose to a six-quarter high… Read More