News for 'Federation of Indian Chambers of Commerce and Industry and Associated Chambers of Commerce and Industry of India'

Investment treaty tops Obama's agenda

Investment treaty tops Obama's agenda

Rediff.com20 Jan 2015

With India, the last round of talks took place in February 2011.

Indian Biz Sees Hope After Bangladesh SC Order

Indian Biz Sees Hope After Bangladesh SC Order

Rediff.com22 Jul 2024

'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'

Foreign investors cry foul over Indian tax surprise

Foreign investors cry foul over Indian tax surprise

Rediff.com2 Apr 2015

The exemption from MAT does not apply retroactively.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

Govt will release draft national retail policy soon

Govt will release draft national retail policy soon

Rediff.com26 Jun 2019

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.

'Democracy loving, capitalist respecting' India best for investors: FM

'Democracy loving, capitalist respecting' India best for investors: FM

Rediff.com17 Oct 2019

"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.

Talent Crunch Affects Bank's Cybersecurity Plans

Talent Crunch Affects Bank's Cybersecurity Plans

Rediff.com14 Dec 2023

'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

RBI seen warming up for a neutral shift in stance

RBI seen warming up for a neutral shift in stance

Rediff.com9 Sep 2024

With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to "neutral" from "withdrawal of accommodation", according to economists. In his speech on Thursday during the annual event of the Federation of Indian Chambers of Commerce and Industry-Indian Banks' Association, RBI Governor Shaktikanta Das said: "The balance between inflation and growth is well-poised."

Fastest Indian on ice urges govt to support athletes

Fastest Indian on ice urges govt to support athletes

Rediff.com22 Feb 2016

India's first Winter Olympian, Shiva Keshavan, on Monday urged the authorities to come forward and help the athletes who are left to battle all odds in their quest to bring laurels to the country. Taking part in a panel discussion under the banner 'International Convention on Business of Sports', organised by Federation of Indian Chambers of Commerce and Industry (FICCI) here, the youngest ever athlete to officially qualify for the Olympic Games in luge said, "We sportsmen are always very altruistic. We focus so much on doing well in our respective disciplines that nothing else matters to us. But, the government should come forward and help us nonetheless." The 34-year-old athlete from Manali took part as an independent participant in 2014 Sochi Winter Olympics due to the suspension of Indian Olympic Association (IOA). However, as the ban was lifted while the Games were still on, he ended up competing under the Indian flag. "I have taken part in five Winter Olympics without a coach. I always wanted to be trained under a good coach. But later, I realised that I wasted a lot of time chasing a lot of things," said Keshavan who finally found a coach in American Duncan Kennedy but had to part ways after a short stint due to financial constraints. "The government was only paying for a part of his (Kennedy's) salary," he said.

US trade bodies file lawsuit against Trump's visa rule

US trade bodies file lawsuit against Trump's visa rule

Rediff.com23 Jul 2020

The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.

Ratan Tata honoured for 'epitomising unity, peace'

Ratan Tata honoured for 'epitomising unity, peace'

Rediff.com22 Dec 2020

Veteran industrialist Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce (FIICC) for epitomising "unity, peace and sustainability". "Ratan Tata's support toward Israel has been unstinted. His commitment to put India on the global map with dignity and respect has been noted by each and everyone. "A man respected by the business communities of all the three countries - India, Israel and UAE - he epitomises unity, peace and sustainability," the president of the bilateral chamber, Gul Kripalani, said.

Why liquidity will remain constrained till March-end

Why liquidity will remain constrained till March-end

Rediff.com18 Feb 2019

Although the RBI's open market operations have ensured sufficient system-level liquidity, some sectors are finding liquidity to be a challenge owing to their credit profile.

India, China sign business deals worth $3.4 billion

India, China sign business deals worth $3.4 billion

Rediff.com18 Sep 2014

IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.

Exporters demand fiscal incentives, credit at affordable rates in Budget

Exporters demand fiscal incentives, credit at affordable rates in Budget

Rediff.com24 Nov 2022

Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.

Amit Mitra named chairman of GST panel

Amit Mitra named chairman of GST panel

Rediff.com19 Feb 2016

He will succeed Kerala Finance Minister K M Mani.

He Wanted India, China To Be Friends

He Wanted India, China To Be Friends

Rediff.com18 Jan 2023

'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'

US judge blocks Trump's H-1B visa ban

US judge blocks Trump's H-1B visa ban

Rediff.com2 Oct 2020

In a major relief to thousands of Indian IT professionals, a federal judge in the US on Thursday blocked the enforcement of a temporary visa ban by the Trump administration on a large number of work permits, including the most sought after H-1B visas, ruling that the president exceeded his constitutional authority.

UK hosts round-table over Indian mango ban

UK hosts round-table over Indian mango ban

Rediff.com22 May 2014

UK environment minister Lord de Mauley hosted a round-table meeting here with representatives of mango and vegetable importers and exporters from the UK and India, Deputy Indian High Commissioner to the UK Virendra Paul, and senior regulators from Defra and the Food and Environment Research Agency.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

This man will help Modi govt to transform Indian businesses

This man will help Modi govt to transform Indian businesses

Rediff.com23 Sep 2014

The former McKinsey India head is presently on board of many big Indian conglomerates.

Shapoorji Pallonji may bag UK's largest theme park deal

Shapoorji Pallonji may bag UK's largest theme park deal

Rediff.com6 Jul 2020

Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.

Rishi Sunak's Budget to increase UK visa fee

Rishi Sunak's Budget to increase UK visa fee

Rediff.com12 Mar 2020

Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.

Rediff Chat: Should you fear GST?

Rediff Chat: Should you fear GST?

Rediff.com6 Jul 2017

To shed more light on how GST will affect the individual as well as the nation, Rediff Chat has lined up experts to field your queries.

Has Asean opened the floodgates to Indians?

Has Asean opened the floodgates to Indians?

Rediff.com10 Oct 2014

The agreement on services, if ratified by all member countries, could prove to be a game changer for Indian professionals in education, healthcare & IT.

'Telcos losing money because of call drops'

'Telcos losing money because of call drops'

Rediff.com30 Nov 2015

As per data, call drop situation in Delhi has improved.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

Is this a good time to host 'Aalishan Pakistan'?

Is this a good time to host 'Aalishan Pakistan'?

Rediff.com9 Sep 2014

'Fashion shows, qawwalis and comedy fests can only be included in a much more meaningful menu of dialogue which occurs when the guns are silent, infiltration is a thing of the past and the people's mood permits such extravaganzas, feels Tarun Vijay, MP.

PM Modi to address nation on Tuesday, last day of 3-week lockdown

PM Modi to address nation on Tuesday, last day of 3-week lockdown

Rediff.com13 Apr 2020

The prime minister is likely to talk about its possible extension.

What Are RBI's Challenges In 2024?

What Are RBI's Challenges In 2024?

Rediff.com9 Feb 2024

The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Rediff.com15 Jul 2014

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).

India to set up separate ASEAN Mission; FTA by year-end: PM

India to set up separate ASEAN Mission; FTA by year-end: PM

Rediff.com10 Oct 2013

Eyeing greater cooperation with South East Asian countries on economic and security issues, India on Thursday announced a separate Mission for ASEAN region to be set up in Jakarta with a full-time resident Ambassador.

CAG gears up to audit books of 5 private telcos, Delhi discoms

CAG gears up to audit books of 5 private telcos, Delhi discoms

Rediff.com7 Jan 2014

Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.

Hopeful of India winning 5-6 medals in Tokyo: Bindra

Hopeful of India winning 5-6 medals in Tokyo: Bindra

Rediff.com4 Jan 2021

Sanjay Kapoor elected AICF President, Chauhan retains secretary's post.

Obama's date with Delhi

Obama's date with Delhi

Rediff.com4 Jan 2015

The city readies itself for the biggest economic, political and social event of the year

'You can't stand on a podium and preach to India'

'You can't stand on a podium and preach to India'

Rediff.com9 Jun 2016

'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.

'I'm doing it for the students and they hit me'

'I'm doing it for the students and they hit me'

Rediff.com5 Feb 2016

'I am doing all this for the students of Kerala, and when they come and hit me, it is very frustrating.' 'My regret is that something that could set off for the future has been thwarted.' 'We have not changed the syllabus for decades, we have not accepted norms in education and technology is hardly used. Today's students are studying what I studied decades ago.'

'The Nepalese are a courageous people'

'The Nepalese are a courageous people'

Rediff.com13 May 2015

Despite the devastation that has struck this tiny mountain nation, Dr Vani Kori - who volunteered her service in Nepal for 10 days - believes it will soon rebuild itself.

Cash Crisis: Day 8: Aaj ki Taaza Khabar!

Cash Crisis: Day 8: Aaj ki Taaza Khabar!

Rediff.com16 Nov 2016

Cashi Crisis: Day 9: Aaj ki Taaza Khabar!