Page 7 - Ficci

India needs sustained 8% growth, low cost of capital: FICCI president

India needs to focus on ease of doing business, consistent tax policy and lower cost of capital to achieve a sustained growth rate of over eight per cent in the long term

India-UK FTA negotiations likely to start next month, says Goyal

He was speaking at the 94th Annual Convention of industry body Ficci

HUL chairman Sanjiv Mehta to take over as FICCI president

Mehta will be succeeding Uday Shankar

Helicopter sector set to take off as govt smoothens flight approvals

A beta version of the application called 'HeliSewa' was unveiled at Ficci helicopter summit earlier this month; system will be rolled out over the next few weeks

India's GDP is expected to grow at 9.1% in 2021-22, says Ficci

The survey was conducted in September 2021 and drew responses from leading economists representing the industry, banking and financial services sector

Q2 manufacturing outlook seen improving, cost of biz a worry: Ficci Survey

Percentage of respondents reporting higher production in the second quarter of 2021-22 (July-September) was much above the 50% mark, at about 61%

Q2 manufacturing outlook improves; cost of doing biz rises: Ficci survey

As per FICCI's latest quarterly survey, industry has attributed hike in production costs to high fixed costs, higher overheads for ensuring safety protocols, and reduction in volumes due to lockdown

Recent changes in FAME II scheme to boost demand for e-vehicles: FICCI

Industry chamber FICCI on Monday said the recent changes in the FAME II scheme, including enhanced subsidies for electric two-wheelers, are expected to accelerate demand for electric vehicles

Covid: FICCI suggests graded approach to unlock eco activities

It said any unit that is able to create an isolation bubble should be allowed to operate at all times even if it does not qualify as essential.

India's second Covid-19 wave rattles business confidence: Ficci survey

According to Ficci's Business Confidence Survey, there was a "sharp deterioration" in the optimism level of corporate India vis-a-vis the previous survey

Need to provide incentives to Covid vaccine makers raise production: Ficci

There is a need to roll out incentives for COVID-19 vaccine manufacturers to help them ramp up production in a bid to cater to the rising demand across the country: Ficci

FICCI urges Centre to open vaccination for 18-45 years age group

Industry body FICCI has urged the government to ramp up COVID testing across the states and open up the vaccination for the age group 18-45 years, while assuring it of the complete support of the industry in fighting the pandemic. "We are currently testing about 11 lakh samples a day, while we had reached the level of testing 15 lakh samples a day in January. Further, there is capacity of performing much more tests with 2,440 labs in the country operational for COVID testing, including more than 1,200 from the private sector," FICCI President Uday Shankar said in a letter to the Union Health & Family Welfare Minister Harsh Vardhan. The states may be advised to utilise the facilities in the private sector to the maximum to achieve the desired testing capacity, he added. Shankar also urged the government to open up vaccination for the age group of 18-45 years, as this age group has been acting as the superspreaders of infection in the country. "Given that there is no shortage of ...

Media and entertainment industry likely to grow 25% in 2021: FICCI-EY

The market, EY said, would cross the Rs 2.2-trillion-mark by 2023, growing at a compounded annual growth rate of 17 per cent.

Manufacturing gaining lost momentum in fourth quarter: FICCI survey

FICCI's latest quarterly survey on manufacturing assessed recovery of the sector for Q-3 (October-December 2020-21)

NPAs expected to increase in first half of 2021: FICCI-IBA survey

Asset quality of banks is likely to worsen during the first six months of 2021, according to a survey

India's fintech industry seen at $150-160 bn by 2025: FICCI-BCG report

The Federation of Indian Chambers of Commerce & Industry (FICCI) and Boston Consulting Group (BCG) on Saturday unveiled 'India FinTech: A USD 100 Billion Opportunity' report. The report details the findings from the study that BCG and FICCI undertook to size the value-creation potential and identify imperatives for India's FinTech growth.

India Inc's business confidence highest in decade: FICCI Survey

Improvement in overall conditions as well as expectations helped, the survey said

Haryana job quota will 'spell disaster' for industrial development: Ficci

Further, the industry body said it believes that this move is against the spirit of the Constitution that gives the citizens of India the freedom to work anywhere in the country

115 MPs of European Parliament back India's Covid vaccine proposal at WTO

Goyal says India's proposal getting widespread support

Private sector willing to partner with govt in Covid vax roll-out: Ficci

The private sector is willing to support and augment government's capacity across the value chain of Covid-19 vaccine distribution and administration, Ficci said