The industry ministry in a recent concept paper proposed raising the FDI cap in the defence sector to 74 per cent.
According to a majority of respondents in a survey conducted by FICCI, the BSE barometer's new achievement is likely despite the overall business confidence dipping to a five-year low and GDP growth slowing down to 8.9 per cent.
After seven successive quarters of decline, the Federation of Indian Chambers of Commerce and Industry's (Ficci) overall business confidence index has increased in the OctoberDecember 2008 with less number of respondents saying economic situation has worsened.
Whenever people think of India, they will think of Ficci as a place they could go to facilitate investment, says Rajiv Kumar.
It's been full circle for Gautam Adhikari, erstwhile Washington bureau chief of the Times of India, who returns to the US capital and the think tank circuit as a visiting fellow at the East-West Center for a year-long residency co-sponsored by the Federation of Indian Chambers of Commerce and Industry, reports Aziz Haniffa.
Rajan Bharti Mittal, vice-chairman and managing director of Bharti Enterprises took over as president of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of its 82nd annual general meeting (AGM).
There are also concerns on the central government finances for the current fiscal, he said, adding, performance during the first half on the fiscal front poses some risks in both receipts as well as expenditure estimates.
India's exporters are looking out for Euro-dominated trade opportunities due to strengthening of rupee and pressure on profit margins, according to a survey by the Federation of Indian Chamber of Commerce and Industry (FICCI).
The Direct Taxes Code is likely to be implemented from 2011-12. Sources said the bill in this respect may be tabled in Parliament in the Budget session.
Following widespread drought and floods in various parts of the country, food inflation climbed to more than a 10-year high of 19.95 per cent in December, driven mainly by higher prices of potato, other vegetables and pulses.
Attributing the decline to various global and domestic factors, especially poor performance of the manufacturing sector, the chamber called for 'immediate policy intervention' to deal with the situation.
Bharti Enterprises vice chairman and managing director Rajan Mittal said most of these will be Easyday stores.
Harsh provisions of the Securitisation Act are killing entrepreneurial activity and might hinder industrial growth, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry.
Despite the inherent attractiveness of the rural market for telecom operators various challenges still mar their entry.
A year after the 26/11 Mumbai attacks, are we better equipped to avert another such attack? Security experts don't think so.
A 30-member Federation of Indian Chambers of Commerce and Industry business delegation will visit Baghdad to meet the newly appointed ministers and representatives of the UN bodies for renegotiating their contracts worth Rs 500 crore.
"We are working on a (subsidy) mechanism, as it's very difficult to implement dual pricing of diesel," Petroleum Minister Murli Deora said
The committee is expected to submit its report soon.
Outlining priorities for improving the country's international rating and putting it on a high growth trajectory, the Federation of Indian Chamber of Commerce and Industry on Thursday suggested massive overhaul of infrastructure and special emphasis
Indian industry is hopeful of getting a 'significant portion' of the $300 billion to be spent for reconstruction work in Iraq over the next 5-7 years.
Customers have rejected the conditional access system, which if implemented would be a boon for consumers, multi-system operators and broadcasters, according to Kunal Dasgupta, chief executive officer of Sony Entertainment Television India Pvt Ltd.
The minister addressed the Global India Business Meeting organised by the Federation of Indian Chambers of Commerce and Industry in the German city. CEOs of leading firms from India, Germany, the US and Saudi Arabia, including Siemens, Volkswagen, AirAsia, Bajaj Auto, Genpact India and Infosys attended the conclave.
Rising crude oil prices along with hardening interest rates in the domestic market have taken a toll on India Inc's growth outlook in the first quarter of the current fiscal.
Leading public sector general insurers have mooted the idea for a regulator to standardise the costs of medical treatment across the country.
With the liquidity situation in India likely to be a little tight in the days and months ahead, the surveyed economists believe that the Reserve Bank of India may not raise interest rates in a hurry and ensure enough liquidity in the system to keep the growth momentum going.
The Indian industry wants the government adopt a multi-pronged approach to de-risk the country's oil needs by conserving energy, promoting alternative sources and building strategic reserves, a Federation of Indian Chamber of Commerce and Industry su
L K Advani, Bharatiya Janata Party stalwart and leader of the Opposition in Lok Sabha, addressed the 81st annual general meeting of the Federation of the Indian Chambers of Commerce and Industry (FICCI) on Thursday. In his speech, Advani makes a strong case for Swadeshi, creatively redefined, as a model of development to benefit Bharat, and not just India.
According to a study by industry association Federation of Indian Chambers of Commerce and Industry and telecom consulting firm BDA, 3G revenues in the country will reach $15.8 billion, 46 per cent of the total wireless revenue, by 2013.
There can be no serious argument for not having an independent regulator in every sector. Regulators in a sector are akin to independent directors on the board of a company who ensure that the game is played by some rules.
Hinting at tax reforms during the next fiscal year, Prime Minister Manmohan Singh on Saturday assured the industry of better tax administration as he unveiled plans for Rs 60,000 crore
Calling for a strong collaboration between industry, the Centre and states to tide over infrastructure gaps, he said it is time the country catapulted itself into a major manufacturing hub by positioning it as an alternative to China, which is the world's factory now.
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