Govt exhorts pharma firms to invest more in R&D
Government on Friday urged pharmaceutical companies to increase investment in research and development (R&D) to emerge as a hub of innovation in low cost health products and services.
Jun 05, 2015, 15:19 PM IST
This time, RBI may cut rate to spur investment: Bankers
"We have surplus liquidity in the system as there has not been much credit offtake. So, repo window does not give banks any advantage as we don't borrow from banks at this point. So, the CRR window helps us bring down cost of funds. We expect and will request 0.5 percent cut in CRR, which would release about Rs 40,000 crore into the system," Bhasin added.
Jun 01, 2015, 14:47 PM IST
Nirmala Sitharaman to lead business delegation to Algeria
FICCI with the support of ministry of commerce and industry, and Indian embassy in Algeria are organising the India Pavilion at the 48th Algiers International Trade Fair.
May 23, 2015, 15:57 PM IST
Ficci suggests vehicle replacement policy to Government
Central Government may provide subsidy for replacement of old vehicle, wherein 50% could be borne by the State, addressing the high cost concerns.
May 13, 2015, 17:55 PM IST
Govt must keep illegal trade on a tight leash: FICCI
Advisor of FICCI-CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) Deep Chand made a specific mention of film piracy which, he claimed, was generating much more money than narcotics and drug trafficking and has been a major source of terrorism funding globally.
May 13, 2015, 17:01 PM IST
New social security schemes to widen financial inclusion: Ficci
Industry body Federation of Indian Chambers of Commerce and Industry (Ficci) on Saturday welcomed the government`s move to launch three new social security schemes which it said is intended at widening the financial inclusion process.
May 09, 2015, 17:41 PM IST
Ficci hails India, Iran pact on development of Chabahar Port
The development of Chabahar Port in Iran would help India to get sea-land access route to Afghanistan besides reducing transportation costs of domestic traders, industry body Ficci said on Friday.
May 08, 2015, 19:58 PM IST
FICCI joins hands with govt to provide relief to Nepal
Industry body FICCI Sunday said it has joined hands with the government to extend relief to quake -hit Nepal.
Apr 26, 2015, 19:37 PM IST
Credit outlook rating upgrade to help attract FDI: FICCI
With rating agencies Fitch and Moody's affirming India's credit outlook as "stable" and "positive" respectively, Ficci Thursday said the move will uplift investor sentiment and help attract foreign investments.
Apr 09, 2015, 22:25 PM IST
'Manufacturing sector losses increased 44% due to illicit trade'
Seven major manufacturing sectors suffered an estimated loss of Rs 1,05,381 crore during 2013-14 due to illicit trade, according to a FICCI report.
Apr 08, 2015, 21:47 PM IST
FICCI does a U-turn; says investors upbeat on auction process
In a volte-face, Ficci Thursday said the overwhelming response from investors to the ongoing coal block auctions is a testimony to the emerging opportunities in the sector and it expects "renewed investor interest" in the Indian economy.
Mar 19, 2015, 20:44 PM IST
Withholding award of coal mines to hit biz sentiment: Ficci
Amid government re-examining the bids for nine recently auctioned coal blocks, industry body Ficci on Wednesday said any instance of reversing the process or withholding an award will adversely impact the overall business sentiment.
Mar 18, 2015, 20:31 PM IST
Tax system being overhauled: Jaitley
Seeking to soothe the sentiments of foreign investors, disturbed by fresh claims of tax on past transactions by Indian authorities, Finance Minister Arun Jaitley has said his government was rationalising the country`s tax system to make it fair.
Mar 14, 2015, 16:27 PM IST
Ficci ropes in Arvind Virmani as Economic Mentor
Noted economist, Arvind Virmani, who served as the country's Chief Economic Advisor and Principal Advisor in the Planning Commission, will now mentor Ficci's public policy & economic work.
Mar 02, 2015, 15:55 PM IST
Ficci ropes in Arvind Virmani as Economic Mentor
Noted economist, Arvind Virmani, who served as the country's Chief Economic Advisor and Principal Advisor in the Planning Commission, will now mentor Ficci's public policy & economic work.
Mar 02, 2015, 15:37 PM IST
'Sustainable turnaround still elusive; time to walk the talk'
Ahead of Budget, an industry confidence survey today showed that a sustainable turnaround remains elusive on investments, profits and exports, while another study urged the government to 'walk the talk' and take steps to improve ease of doing business.
Feb 24, 2015, 21:42 PM IST
Delink tax sleuths' performance from revenue targets: FICCI
Expecting the Union Budget to herald a non-adversarial taxation regime, industry body FICCI Monday said the government should delink the tax officials' performance appraisal from the tax collection targets.
Feb 23, 2015, 22:17 PM IST
Black money: FICCI lists reform steps to curb menace
To curb the menace of black money, industry body Ficci Thursday suggested incentivisation of transactions through banking channels and a suitable framework for taxation of agricultural income.
Feb 19, 2015, 21:29 PM IST
Economy to revive on reforms unveiled by Govt: Ficci CEOs Poll
The survey, which drew 78 CEOs, showed that steps taken by the government after assuming office last year are now starting to yield results on the ground.
Feb 09, 2015, 22:56 PM IST
India Inc hopes RBI will resume rate cut cycle after Budget
Disappointed by RBI's decision to keep interest rates unchanged, India Inc on Tuesday said there is a need to cut the rates by 75 basis points in remaining months of 2015 and hoped for monetary easing after Union Budget.
Feb 03, 2015, 16:17 PM IST
