Jan 14, 2022 07:20 PM IST
Officials say expanding the credit guarantee amount for each MSME, currently Rs 2 crore, has been a long-term suggestion.
- Jan 12, 2022 08:21 PM IST
Housing and construction sectors have forward and backward linkages and impact nearly 200 sectors and it needs to be provided holistic support in the upcoming Union Budget, FICCI said.
- Jan 11, 2022 05:32 PM IST
FICCI's covid task force made six suggestions to curb the spread of the Omicron variant and the rising COVID-19 cases.
- Oct 08, 2021 08:30 PM IST
Under the new policy, the government is going to put together a dedicated helicopter-acceleration cell in the Civil Aviation Ministry that will look at helicopter industry's issues.
- Sep 21, 2021 09:46 AM IST
With sector capacity utilisation low in the private manufacturing sector, capital expenditure plans are on hold
- Sep 12, 2021 03:45 PM IST
The hike was also attributed to lower capacity utilisation, high freight charges and other logistic costs, increased cost of raw materials, power cost, and high-interest rates.
- Jun 21, 2021 04:46 PM IST
As per the survey, 58 percent of the companies reported a high impact on their businesses due to the state level lockdowns while another 38 percent reported a moderate impact on their operations.
- Jun 01, 2021 02:58 PM IST
After two successive waves of the widespread COVID-19 pandemic and the resultant hit to incomes and jobs, domestic demand has tumbled as households scale back spending. FICCI has argued in favour of specific income support to rural India as well as urban poor, income tax reductions for the middle class, and temporary reductions in indirect taxes.
- May 30, 2021 05:11 PM IST
In a letter to HRD Minister Ramesh Pokhriyal Nishank, FICCI President Uday Shankar said an alternate solution should be devised to determine academic progression.
- Apr 13, 2021 12:55 PM IST
Flagging vaccine shortage across states, Ficci said to meet the government's target of vaccinating 30 crore people by August at the current pace of 30 lakh daily vaccinations, as much as 38 crore doses would be required. But reports show that the Centre has just 2.04 crore doses in the pipeline, it added.
- Apr 10, 2021 09:12 AM IST
As of 2020, India had 803 million viewers of online videos including streaming services and videos on free platforms like YouTube.
- Apr 03, 2021 07:58 PM IST
In a letter written to Health Minister Harsh Vardhan, FICCI President Uday Shankar said India is currently testing about 11 lakh samples a day, sharply down from 15 lakh samples tested per day in January. On the day the letter was written, the daily rise in new cases rose to a 6-month high.
- Mar 19, 2021 10:53 PM IST
Amazon is under ED investigation for misusing Press Notes 2 and 3 and violating the “market place” covenant governing foreign companies in ecommerce.
- Mar 13, 2021 05:53 PM IST
India's dynamic FinTech industry has over 2,100 FinTechs of which 67 per cent have been set up over the last 5 years alone. The total valuation of the industry is estimated at $50-60 billion.
- Mar 08, 2021 03:43 PM IST
Notably, the industry body’s Overall Business Confidence Index saw a 15.2 points jump over last year’s 59.
- Dec 22, 2020 06:49 PM IST
"The representatives of CII and FICCI among other industry bodies would meet union labour ministry top brass on December 24, 2020 to discuss the new definition of wages which is likely to be implemented by April 1, 2021," an industry source said.
- Dec 12, 2020 03:32 PM IST
Gadkari also informed that the government has sanctioned Rs 3 lakh crore for the MSMEs. The government will provide 15 percent of the equity to successful MSMEs and those with a good record of GST and income tax and bank turnover to facilitate them to go raise funds in the capital market.
- Dec 12, 2020 02:17 PM IST
This is one of the key structural changes COVID-19 brought, where technology is important for their future transformation but business continuity.
- Dec 12, 2020 12:20 PM IST
Schmidt, also chairman, National Security Commission on AI, has also called for the US Department of State to partner with India’s Ministry of External Affairs to create concrete agenda for cooperation.
- Dec 12, 2020 10:34 AM IST
PM Modi at FICCI Highlights: Farmers will be the biggest beneficiaries of the agricultural reforms, said Prime Minister Narendra Modi
- Dec 11, 2020 07:56 PM IST
Secretary of Department for Promotion of Industry and Internal Trade said all ministries dealing with the new PLI scheme would announce the new companies selected under the PLI scheme and the process of inviting expression of interest would all be completed by April
- Nov 22, 2020 09:06 PM IST
The proportion of respondents reporting higher output during July-September rose to 24 per cent, as compared to 10 per cent in the previous quarter.
- Nov 02, 2020 08:14 AM IST
"The dilemma for governments across the world was creating a balance between protecting lives and livelihoods. India took the path of a strict lockdown to ramp up health infrastructure and focused on human lives. This strategy has paid off," Reddy said.
- Oct 29, 2020 01:05 PM IST
Talking about opportunities, Subramanian said the Bilateral Netting of Qualified Financial Contracts law that had been passed recently paves the way for credit derivatives.
- Oct 10, 2020 04:17 PM IST
DPCC asked the FICCI not to begin any demolition activity without installing the Anti-Smog Gun (ASG) at the site of FICCI at Tansen Marg.