Category Archives: FICCI

FICCI Delegation with Power Minister visits Masdar Smart City in Abu Dhabi

FICCI

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

FICCI comments on WPI data – Dec 2016

FICCI

“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

FICCI accorded observer status in IOM, UN Migration Agency

FICCI

: 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

Solar Story of India is very much Desirable

Solar Energy

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

Businesses optimistic about growth prospects, FICCI

FICCI
Indian businesses are hopeful about the present as well as future growth prospects with a growing number, in a recent study, citing a ‘moderately to substantially better’ performance currently compared to the last six months at all the three levels – economy, industry and firm.
The Overall Business Confidence Index (OBCI) rose to a six-quarter high… Read More

Businesses optimistic about growth prospects, FICCI

FICCI

The Overall Business Confidence Index (OBCI) rose to a six-quarter high… Read More

Music streaming apps turn to podcasts, video content

Last month, music streaming service Gaana partnered with Radio Mirchi 98.3 FM to offer two of the latter’s famous radio shows, Mirchi Murga and Hansi ke Phuwarey, on its online platform. Radio Mirchi is the FM service operated by Bennett, Coleman & Co. Ltd (BCCL)-owned radio broadcasting unit Entertainment Network India Ltd. BCCL also owns Gaana through… Read More

GST to be less regressive with lower band at 5%

GST
A zero tax on daily necessities and a lower rate of 5% for items of mass consumption will make the new Goods and Services Tax regime, to be rolled out from April next year, less regressive, tax experts said.
The four rate structure of 5%, 12%, 18% and 28% is on expected lines, they said.
While the goods will have a multiple rate structure, no clarity is provided on rates… Read More

India Inc believes eco faring better, credit an issue

India Inc is optimistic about its business prospects with a majority of firms saying current economic conditions are ‘moderately to substantially better’ compared to the last six months, even as cost and availability of credit remain a concern, according to a report. The Overall Business Confidence Index (OBCI) rose to a six quarter high in the Business… Read More

FICCI Business Confidence Survey

FICCI

The Overall Business Confidence Index, released on Wednesday, rose to a six quarter high in the Business Confidence Survey conducted by FICCI. The index value stood at 67.3 in the current round as against 62.8 in the last poll. About 63% of the respondents reported current economic conditions as “moderately to substantially better” compared to the past… Read More