According to the quarterly Business Confidence Survey for the third quarter of 2012-13 by the Federation of Indian Chambers of Commerce and Industry, there is an expectation of higher sales and profits in the first half of calendar year 2013.
Development issues of vital interest to India are expected to receive focused attention at the G20 Summit beginning in Cannes on Wednesday, a Ficci Paper on the B20 Working Group on Development said.
The feedback gathered from industry shows that while during the first half of current fiscal (April-Sept 2008) there was moderation in the growth of several segments of the services sector, from October 2008 onwards a marked deterioration in performance was seen in many areas. The survey is based on the interaction with over 250 representatives of various service-related industry associations, organisations, and companies in both the private and public sector.
Reacting to Finance Minister P Chidamabaram's statement that a section of industry is artificially pushing up prices, Habil Khorakiwala, the new president of Federation of Indian Chambers of Commerce and Industry said there was no evidence
All industry bodies including Confederation of Indian Industry and Federation of Indian Chamber of Commerce and Industry should work together in their efforts to contribute the country's economic growth, Anand Mahindra, managing director, Mahindra &
The social media giant is planning to launch roadshows in these locations as part of its 'SMB Boost' programme.
After attending a meeting in Mumbai with RBI's top brass headed by Governor D Subbarao, Harsha Pati Singhania, president, FICCI, said the real rate of interest remained in double digits despite inflation having declined sharply. "Given the present interest rate structure and the inflation rate, real rate of interest is still in double-digits. With the near-zero rate of inflation, the real and nominal rates of interest are almost at the same level," said another industrialist.
Myanmar is a member of the Asian Clearing Union and settlement of current account transactions including trade transactions are done through ACU.
Federation of Indian Chambers of Commerce and Industry on Wednesday asked the US to restore the Generalised System of Preferences for Indian exports of chemicals and allied products.\n\n\n\n
The economists, polled by industry body Federation of Indian Chambers of Commerce and Industry, said the RBI may raise the cash reserve ratio, which is a portion of deposits that banks keep in cash with the central bank, by 50 basis points to 5.5 per cent, although this would have no impact on containing inflation.
Indians want to have a little more clarity and certainty before they invest, says Naina Lal Kidwai, Executive Director, HSBC Limited and Country Head, HSBC India.
Though there are many Indian information technology companies in China, none ever receives an order from a Chinese company or the government.
Shinde said the average plant load factor of Indian generation units improved to 77.5 per cent during 2009-10 from 73.6 per cent in 2006.
A successful entrepreneur from Karnataka, Rajeev founded Jupiter Capital, a venture development managment and investment company, in 2005 and launched the Kannada channel Suvarna in 2007.
Till the second quarter of 2011, the food sector has attracted more than $100 million investments through PEs," according to the 'Food Franchising Report 2011' brought out by Franchise India and Ficci.
Maoists tried to extort Rs 10 million from a hotelier, who refused and was beaten up.
The BJP president said that the focus of development should be on agriculture and its allied industries and called for the promotion of PPP model to encourage private entrepreneurs to participate in development projects.
Close on the heels of Pakistani parliamentarians' visit to the country, a Pakistani trade delegation would arrive in New Delhi on a two-day visit from June 27-28.\n\n
The reservation of jobs in the private sector will tantamount to putting the clock back on economic reforms and not even political parties are ready for a legislation making employment of SCs and STs binding on India Inc, industry body Ficci said.
In fact, India stands to gain in sectors such as textiles, handicrafts, chemicals and pharmaceutical from its trade with the Asean economies.
In a telephonic conversation, Mitra explains to Namrata Acharya how the state is reeling under a huge debt, a 'legacy' of the Left government.
Ficci's Business Confidence Survey continued to show a robust rise in the second quarter of the ongoing financial year 2010-11 as all three confidence indices -- current conditions index, expectations index and overall business confidence index -- saw an increase in their values.
The Federation of Indian Chambers of Commerce and Industry is 'very hopeful' that the seven SAARC nations would be able to clear all roadblocks on the way to signing of Saarc Free Trade Agreement (SAFTA) at the Islamabad summit.
French companies have invested more than $1 billion per year in India.
United States Senator Mark Warner, the democratic co-chair of the Senate India Caucus, said Prime Minister Dr Manmohan Singh and India's restraint in the face of continuing terrorist attacks is nothing short of remarkable and keeping with the best traditions of India.
Trinamool Congress candidate and Federation of Indian Chambers of Commerce And Industry secretary general Amit Mitra, pitted against Communist Party of India-Marxist candidate and West Bengal Finance minister Ashim Dasgupta, is confident that his party is heading for a victory at the forthcoming Assembly elections.
'Roads are important as they provide domestic economic stimulus.'
What are the problems affecting the growth of food processing sector in India
Yogendra Kumar Modi was on Friday elected as the next president of the Federation of Indian Chambers of Commerce and Industry. He will succeed A C Muthiah.
Ex-head of BPL Mobile and currently a Rajya Sabha MP, Rajeev Chandrasekhar will be the new head of Ficci.
Draft norms soon, but central bank worried about self-dealing by company promoters.
The government is set to announce some significant measures to reduce the high transaction costs faced by the country's exporters in their day-to-day operations. Finance Minister Pranab Mukherjee will be unveiling the measures on February 8.
Growth and economic reforms in India must take centre-stage again and acts of corruption or security concerns should not distract the attention of the government and the people, said Union Home Minister and former finance minister P Chidambaram recently.
For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.
The GDP growth fell to a nine-year low of 5.3 per cent in the first quarter, down from 9.2 per cent the same time last year.
