News for 'Federation of Indian Chambers of Commerce'

Indo-Korean trade up 53% in Jan-Oct

Indo-Korean trade up 53% in Jan-Oct

Rediff.com22 Dec 2003

Showing an encouraging trend, Korea's trade with India grew by as much as 53 per cent during the first ten months of the current year.

Short-term stock market boom foreseen

Short-term stock market boom foreseen

Rediff.com4 Aug 2003

India Inc has found renewed hope in the capital markets for the next six months but has painted a gloomy picture for the long-run due to the uncertainty arising out of impending general elections.

Australia seeks lower tariff on coal, wool

Australia seeks lower tariff on coal, wool

Rediff.com18 Feb 2003

Australia on Tuesday offered to sell LNG to India even as it said that high tariffs in several areas including coal and wool were proving prohibitive in increasing two-way trade.

India Inc bullish on economy

India Inc bullish on economy

Rediff.com22 Nov 2004

'Resume non-contact sports in sanitised empty stadia'

'Resume non-contact sports in sanitised empty stadia'

Rediff.com13 May 2020

The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.

'FMCG on high growth path'

'FMCG on high growth path'

Rediff.com5 Jul 2004

Textile exports to double by 2006: Govt

Textile exports to double by 2006: Govt

Rediff.com15 Jun 2004

The government on Tuesday said that the textile exports from India will double from the current levels within a year of the Multi Fibre Agreement coming to an end.

CTV sale set to grow

CTV sale set to grow

Rediff.com2 Jun 2004

Market for colour televisions is expected to show 15 per cent growth in April-September 2004-05 after the segment saw a fall of 10 per cent in volumes in the same period last year, according to a survey.

FICCI has a plan for 10% growth

FICCI has a plan for 10% growth

Rediff.com10 Apr 2004

The Federation of Indian Chambers of Commerce and Industry on Saturday said that economic growth of 8-10%, as envisioned by the NDA, was quite possible, and it has worked out an action plan in this regard for the next five years.

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

RBI revises GDP growth rate to 7%

RBI revises GDP growth rate to 7%

Rediff.com7 Jan 2004

Enthused by the high 8.4 per cent growth in the second quarter, the Reserve Bank of India on Wednesday revised upwards the economic growth for 2003-04 at 7 per cent.

With 10% growth, we can end poverty: Kalam

With 10% growth, we can end poverty: Kalam

Rediff.com7 Jan 2004

President A P J Abdul Kalam on Wednesday asked the industry to encourage entrepreneurship to achieve an economic growth of 10 per cent and help eliminate poverty in the country.

India's stable policies to ensure big growth

India's stable policies to ensure big growth

Rediff.com13 Nov 2003

In a bid to woo foreign investment, the government on Friday said friendly economic policies would be continued to enable the country to move on to higher growth of 6.5-7 per cent this fiscal.

Home loans: Banks grab major share

Home loans: Banks grab major share

Rediff.com28 Oct 2003

Banks have outsmarted housing finance companies by cornering 65 per cent of the home loan market, which grew by a whopping 76 per cent to Rs 51,673 crore last fiscal, a Federation of Indian Chambers of Commerce and Industry survey said on Tuesday.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Prolonged war on Iraq would spell gloom: Ficci

Prolonged war on Iraq would spell gloom: Ficci

Rediff.com20 Mar 2003

A prolonged war in Iraq would shake the Indian economy with oil prices going up and growth rate dropping to 2.5 per cent, A C Muthiah, the president of Federation of Indian Chamber of Commerce and Industry

Indian Army's shopping list worth Rs 300 billion

Indian Army's shopping list worth Rs 300 billion

Rediff.com27 Aug 2020

'The equipment that you make for us must be the best in the world so that it complements the Indian soldier who is without doubt the very best in the world.'

India Sports Awards: Babar named Sports Person of the Year

India Sports Awards: Babar named Sports Person of the Year

Rediff.com22 Feb 2016

Long-distance runner Lalita Babar was named Sports Person of the Year at the India Sports Awards 2015 in New Delhi on Monday.

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.

In a first, Modi to deliver inaugural address at Ficci AGM

In a first, Modi to deliver inaugural address at Ficci AGM

Rediff.com5 Dec 2017

It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.

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.'

Govt to focus on domestic production of arms: MoS Home

Govt to focus on domestic production of arms: MoS Home

Rediff.com10 Jun 2020

"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.

Sibal launches mobile phones made by domestic players

Sibal launches mobile phones made by domestic players

Rediff.com5 Dec 2013

Handset firms Karbonn and Lava International launched their smartphones, while Maxx Mobiles introduced its feature phone targetted at the rural market.

Swaraj to Africa: 'Make in India'

Swaraj to Africa: 'Make in India'

Rediff.com29 Oct 2015

Narendra Modi is to hold summit-level meetings with the heads of more than 50 African nations on Thursday.

Tracing the journey of auto industry pioneer Keshub Mahindra

Tracing the journey of auto industry pioneer Keshub Mahindra

Rediff.com12 Apr 2023

Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.

The curious case of $100 billion from China that never came

The curious case of $100 billion from China that never came

Rediff.com19 Sep 2014

Ahead of the visit, Chinese embassy officials briefed Indian scholars that investment promised would be $100 billion. How this figure came down to $20 billion is a mystery.

Freebie culture made into art for fighting polls, will lead to disaster: Govt to SC

Freebie culture made into art for fighting polls, will lead to disaster: Govt to SC

Rediff.com11 Aug 2022

In a response to the August 3 order, the Centre, represented by Solicitor General Tushar Mehta, said till the time either the legislature or the poll panel steps in, the top court must lay down "dos and don'ts" for political parties in the 'larger national interest.'

French firms to invest $10 billion in India

French firms to invest $10 billion in India

Rediff.com25 Jan 2016

French companies have invested more than $1 billion per year in India.

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.

Economist Rajiv Kumar named as new VC of NITI Aayog

Economist Rajiv Kumar named as new VC of NITI Aayog

Rediff.com6 Aug 2017

The government also appointed Dr Vinod Paul, a pediatrician at the AIIMS, as a member of the NITI Aayog

Indian-Americans gear up to welcome PM Modi

Indian-Americans gear up to welcome PM Modi

Rediff.com23 Jun 2017

The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.

Industry seeks rate cut by RBI as inflation remains negative

Industry seeks rate cut by RBI as inflation remains negative

Rediff.com15 Jun 2015

Inflation, remained in negative territory for the 7th month in May

'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.

Coronavirus impact: Tourist inflow to India drops by 30%

Coronavirus impact: Tourist inflow to India drops by 30%

Rediff.com12 Mar 2020

India has announced suspension of all tourist visas till April 15 in a bid to contain the spread of the virus.

US Fed rate hike will be gradual: Panagariya

US Fed rate hike will be gradual: Panagariya

Rediff.com18 Sep 2015

NITI is trying to partner with other knowledge institutions.

'I expect 8% growth next year'

'I expect 8% growth next year'

Rediff.com29 Dec 2023

'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'

Muslim businessmen in Gujarat sing Modi tune

Muslim businessmen in Gujarat sing Modi tune

Rediff.com8 Feb 2014

Development in state has benefitted community, they say.

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.