Iran's Finance Minister was here. And he lists the reasons why is country holds great promise for Indian companies willing to do business with his country.
Finance Minister P Chidambaram is likely to meet captains of Indian industry on June 17 so that 12 per cent growth can be achieved in the manufacturing sector.
A delegation of 100 Pakistani businessmen would visit New Delhi next week to take part in a meeting of the India-Pakistan Chambers of Commerce and Industry.
The Indian banks are not prepared to implement the stringent Basel-II norms including that of capital adequacy and non-performing assets in toto by 2006, according to the Federation of Indian Chambers of Commerce and Industry survey.
Around 100 leading corporates from Pakistan will arrive in New Delhi on July seven as part of a business delegation to discuss the macro level trade issues.
"Earlier, India was a land of snake charmers. Now, Americans perceive Indians to be very smart. The infotech revolution changed it all," says FICCI Secretary-General Amit Mitra.
Leading industry and export chambers like PHDCCI and Federation of Indian Export Organisation on Tuesday demanded 1.0 per cent cut in bank rate and cheaper export finance in Reserve Bank of India's' forthcoming busy season credit policy.
The Reference has asked the court for its view whether the verdict in the 2G case be given retrospective effect for radio waves granted since 1994.
India's merchandise exports in April 2024 marginally rose to $34.99 billion from $34.62 billion in the year-ago month, according to government data released on Wednesday. Imports too increased to $54.09 billion from $49.06 billion in April 2023.
Loss of confirmed orders, increase in wages and labour shortage were blamed on the scheme in a survey of 100 companies from diverse sectors.
India's leading industry chambers, the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci), said the US government should remove export restrictions on dual-use technologies.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'
India Inc's initiative to adopt Industrial Training Institutes (ITIs) across the country is facing problems because of low level of cooperation on the field as well as red-tapism, industry lobby groups have claimed.
Leading industry chambers, Confederation of Indian Industry and Federation of Indian Chamber of Commerce and Industry on Tuesday said the loss caused by Tsunami disaster was limited to shipping, tourism and marine products export sectors but refused
Annual event being organised by FICCI focuses on the investment potential offered by India's infrastructure sector.
Kumar, a well-known economist and the author of several books, would succeed Amit Mitra, who has become the Finance Minister of West Bengal.
In their respective memorandums, the Federation of Indian Chambers of Commerce and the Confederation of Indian Industry asked for re-introduction of investment allowance, restoring the depreciation rate to 25 per cent and an increase in plan public expenditures, primarily in infrastructure, which would boost private investments.
In the midst of a political thaw, a large trade delegation from Pakistan is arriving in India, crossing the Wagah border on Friday, to discuss bilateral trade issues with the Indian businessmen.
Industry representatives recommended that the basic annual exemption limit for individuals should be raised to Rs 1,50,000 from Rs 1,10,000 and the peak income tax rate be cut to 25 per cent, from 30 per cent at present.
A visiting Pakistani women's trade delegation on Friday signed an agreement with India's Federation of Indian Chambers of Commerce and Industry to promote business between the arch-rivals.
Norms for e-commerce likely, arm's-length pricing set for change.
Sharma said India was poised to grow at 8.5-9 per cent with its investor and FDI-friendly regime.
Bharti Airtel boss Sunil Mittal already heads the Confederation of Indian Industry (CII). Former BPL Mobile boss Rajeev Chandrasekhar is slated to take over as Federation of Indian Chambers of Commerce and Industry (Ficci) president.
Almost 53 per cent of the companies covered by the survey felt that high cost of credit was creating a problem for India Inc.
Indian industrialists would take up the outsourcing issue during the Indo-US Private Sector Advisory Group meeting in Washington on Tuesday, Federation of Indian Chamber of Commerce and Industry president Rajan Bharati Mittal said.
The declining exports would have implications for the job market.
The visiting Pakistani business delegation on Tuesday urged Prime Minister Atal Bihari Vajpayee to ease visa norms for the Pakistani businessmen so that trade between the two countries could flourish.
Industry associations Ficci and CII have been termed liable for service tax. Ficci has approached government for exemption from the levy.
Welcoming US President George W Bush's second term in the White House, industry bodies on Thursday said it would further strengthen Indo-US trade and economic ties.
Here's what your favourite celebrities have been up to.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
The two apex chambers -- Federation of Indian Chambers of Commerce and Industry and the Confederation of Indian Industry -- said it was time corporate India did some serious introspection and improved governance standards. CII president K V Kamath said there was a 'need to immediately examine the loopholes in regulation, accounting, audit and governance that allowed such lapses to occur and address them with urgency'.
While Federation of Indian Chambers of Commerce and Industry extended an all-out support to the government, Confederation of Indian Industry recommended 'a calibrated approach for introducing FDI in the retail sector in terms of the percentage and minimum capitalisation requirements'.
Siddharth Roy Kapoor on UTV's expansion in the Southern film industry.
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