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  • Government may increase cover for MSMEs under credit guarantee scheme Jan 14, 2022 07:20 PM IST

    Government may increase cover for MSMEs under credit guarantee scheme

    Officials say expanding the credit guarantee amount for each MSME, currently Rs 2 crore, has been a long-term suggestion.

  • Ficci suggests support measures for housing sector in Budget Jan 12, 2022 08:21 PM IST

    Ficci suggests support measures for housing sector in Budget

    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.

  • COVID-19 | FICCI writes to Health Minister Mansukh Mandaviya, makes recommendations for tackling virus surge Jan 11, 2022 05:32 PM IST

    COVID-19 | FICCI writes to Health Minister Mansukh Mandaviya, makes recommendations for tackling virus surge

    FICCI's covid task force made six suggestions to curb the spread of the Omicron variant and the rising COVID-19 cases.

  • Dedicated corridors & hubs: JM Scindia announces new helicopter policy Oct 08, 2021 08:30 PM IST

    Dedicated corridors & hubs: JM Scindia announces new helicopter policy

    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.

  • Investment-led growth unlikely in the short-term despite sops from the government Sep 21, 2021 09:46 AM IST

    Investment-led growth unlikely in the short-term despite sops from the government

    With sector capacity utilisation low in the private manufacturing sector, capital expenditure plans are on hold

  • Outlook for manufacturing in Q2 improves significantly; cost of doing business rises: FICCI survey Sep 12, 2021 03:45 PM IST

    Outlook for manufacturing in Q2 improves significantly; cost of doing business rises: FICCI survey

    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.

  • Companies hopeful of better performance in 6 to 12 months : FICCI - Dhruva Advisors Survey Jun 21, 2021 04:46 PM IST

    Companies hopeful of better performance in 6 to 12 months : FICCI - Dhruva Advisors Survey

    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.

  • FICCI says direct income support measures urgently needed to boost demand Jun 01, 2021 02:58 PM IST

    FICCI says direct income support measures urgently needed to boost demand

    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.

  • FICCI for cancelling Class 12 board exams due to prevailing COVID-19 situation May 30, 2021 05:11 PM IST

    FICCI for cancelling Class 12 board exams due to prevailing COVID-19 situation

    In a letter to HRD Minister Ramesh Pokhriyal Nishank, FICCI President Uday Shankar said an alternate solution should be devised to determine academic progression.

  • Ficci demands PLI-like scheme for vaccine makers, clinical trial waiver for foreign jabs Apr 13, 2021 12:55 PM IST

    Ficci demands PLI-like scheme for vaccine makers, clinical trial waiver for foreign jabs

    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.

  • OTT service, mobile connection bundles will make up half of all online viewers by 2023: Report Apr 10, 2021 09:12 AM IST

    OTT service, mobile connection bundles will make up half of all online viewers by 2023: Report

    As of 2020, India had 803 million viewers of online videos including streaming services and videos on free platforms like YouTube.

  • Need to quickly ramp up testing, open vaccination to 18-45 years age group, FICCI tells government Apr 03, 2021 07:58 PM IST

    Need to quickly ramp up testing, open vaccination to 18-45 years age group, FICCI tells government

    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.

  • FICCI rubbishes Amazon claims in DPIIT meet; demands zero tolerance on FDI loopholes Mar 19, 2021 10:53 PM IST

    FICCI rubbishes Amazon claims in DPIIT meet; demands zero tolerance on FDI loopholes

    Amazon is under ED investigation for misusing Press Notes 2 and 3 and violating the “market place” covenant governing foreign companies in ecommerce.

  • India's FinTech industry valuation estimated at $150-160 billion by 2025: Report Mar 13, 2021 05:53 PM IST

    India's FinTech industry valuation estimated at $150-160 billion by 2025: Report

    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.

  • Business confidence in India at decade high of 74.2, shows FICCI Survey Mar 08, 2021 03:43 PM IST

    Business confidence in India at decade high of 74.2, shows FICCI Survey

    Notably, the industry body’s Overall Business Confidence Index saw a 15.2 points jump over last year’s 59.

  • Industry bodies to press for holding back new wage definition in meeting with govt on December 24 Dec 22, 2020 06:49 PM IST

    Industry bodies to press for holding back new wage definition in meeting with govt on December 24

    "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.

  • Priority to increase village industry turnover to Rs 2 lakh crore in two years: Nitin Gadkari Dec 12, 2020 03:32 PM IST

    Priority to increase village industry turnover to Rs 2 lakh crore in two years: Nitin Gadkari

    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.

  • Companies adopt tech at scale to transform business amid COVID-19: Satya Nadella, CEO, Microsoft Dec 12, 2020 02:17 PM IST

    Companies adopt tech at scale to transform business amid COVID-19: Satya Nadella, CEO, Microsoft

    This is one of the key structural changes COVID-19 brought, where technology is important for their future transformation but business continuity.

  • US-India strategic tech alliance for AI could address geopolitical and societal challenges: Eric Schmidt, Former CEO, Alphabet Inc Dec 12, 2020 12:20 PM IST

    US-India strategic tech alliance for AI could address geopolitical and societal challenges: Eric Schmidt, Former CEO, Alphabet Inc

    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.

  • PM Modi at FICCI Highlights: Agri reforms are part of govt's efforts to remove hindrances, says PM Dec 12, 2020 10:34 AM IST

    PM Modi at FICCI Highlights: Agri reforms are part of govt's efforts to remove hindrances, says PM

    PM Modi at FICCI Highlights: Farmers will be the biggest beneficiaries of the agricultural reforms, said Prime Minister Narendra Modi

  • Centre committed to introducing single-window clearance for investors by mid-April, says official Dec 11, 2020 07:56 PM IST

    Centre committed to introducing single-window clearance for investors by mid-April, says official

    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

  • India's manufacturing poised to witness recovery in July-September 2020: Survey Nov 22, 2020 09:06 PM IST

    India's manufacturing poised to witness recovery in July-September 2020: Survey

    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.

  • India's strategy of dealing with COVID-19 paid off, economy set to bounce back: FICCI Nov 02, 2020 08:14 AM IST

    India's strategy of dealing with COVID-19 paid off, economy set to bounce back: FICCI

    "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.

  • Data analytics, AI, can help improve quality of assets: CEA Subramanian Oct 29, 2020 01:05 PM IST

    Data analytics, AI, can help improve quality of assets: CEA Subramanian

    Talking about opportunities, Subramanian said the Bilateral Netting of Qualified Financial Contracts law that had been passed recently paves the way for credit derivatives.

  • FICCI fined Rs 20 lakh for violation of environmental regulations Oct 10, 2020 04:17 PM IST

    FICCI fined Rs 20 lakh for violation of environmental regulations

    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.

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