"It pains me to say this. I purposely say this to this audience...Luxury industry will have to identify them from various pockets in India and give them their due recognition," she said.
After suspending flights last week, Vijaywada-based Air Costa has stopped taking future bookings as well. The airline had earlier blocked ticket sales till March 8.
When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group called time on a fight for market share that drove oil prices to a 12-year low and many shale producers to the wall.
Ford India today reported a 38.83 per cent increase in total sales at 24,026 units in February this year.
The issues related with visa was discussed during a meeting chaired by Commerce and Industry Minister Nirmala Sitharaman last week.
The government is aiming to increase the share of manufacturing to 25 percent of GDP from the present 17 percent, with a view to creating millions of jobs and pushing the country's economic growth.
The insurance industry in the country is set in the growth trajectory and is expected to grow significantly in the coming years due to rising financial literacy, according to a recent report.
The Winning Leap takes a look at what the government is doing to build and transform human capital and the role that industry and corporates play in ensuring quality and relevant education and training to their employees.
High operating costs, intense competition and the collapse of Kingfisher Airlines had weakened both business and civil sectors in previous years, but recently the Indian market has turned a corner into the world's fastest growing, largely thanks to supportive government policies.
Apparel Export Promotion Council (AEPC) Chairman Ashok Rajani said the initiatives announced by the government along with good quality products aided by innovative design prowess will drive the change for the industry.
"India needs to strive for greater economic prosperity to eradicate backwardness and its poverty. Development of industry economy is central to economic progress," Mukherjee said at 'World Confluence of Humanity, Power and Spirituality' here.
Do Big Symposium focuses on the technological change that can empower industry leaders in the SME sector across all verticals to reap the maximum profit for a business. Do Big Symposium visited Hyderabad with the industry experts to highlight the impact of digital integration in businesses.
IT and Telecom industry bodies have sought measures in the upcoming Budget to promote ease of doing business, incentives for R&D investments and push for domestic manufacturing.
The introduction of GST will help create a level-playing field for the bigger textile manufacturers as smaller or unorganised sector will not be able to use some of the current practices to keep themselves competitive, a senior industry official said today.
The Indian design industry has a potential to grow over Rs 18,800 crore by 2020, of which industrial design segment is expected to be at Rs 11,000 crore, according to industry body CII.
India's sugar production rose by 17 per cent at 27.41 lakh tonnes during the first two months of the current marketing year that started in October on the back of higher output in Uttar Pradesh, according to industry data.
CLSA in its report called â€˜The demonetisation reset‘ points out that this would lead to large disruptions in the near term but sees long term story attractive. Various broking firms have tried to gauge the impact of short term disruption that sucked cash out from the economy.
The industry members have suggested that banking hours be extended on working days and a massive drive should be launched to educate people on use of digital means for payments across the country.
To remedy this situation the Financial Conduct Authority has proposed a single fee for investors in funds in the world's second largest asset management market but has stopped short of recommending a cap on fees.
Industry bodies here today sought the Centre's intervention to avert a payment crisis post demonetisation, saying the cap on cash withdrawal will impact daily functioning, especially that of SMEs and the construction sector.
The mixed reports came a day after the Federal Reserve offered a fairly upbeat assessment of the economy and signaled it could raise interest rates next month.
In conversation with CNBC-TV18, Sunil Kanoria, President of Assocham, says that the Centre should not levy cess and should give a window of 4-5 months to the industry to prepare themselves for the new laws after the GST roll-out.
The auction, which was billed as the country's largest sale of airwaves to date in terms of quantity, lasted only for five days. However, right from the Day 1, no activity was seen in the 700MHz frequency band.
Union Power Minister Piyush Goyal today said India will not allow dumping of goods such as electrical items at the cost of domestic manufacturing and stressed on the need to promote the local industry.
Yes Bank National CFO Forum brings together super-achiever Chief Financial Officers (CFOs) and provides a knowledge sharing platform to the financial leadership of India and to the industry at large.