However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years. Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's Indian Premier League is still at least three years away although a fourth team can be added for the Challenger series.
Though the ministry is considering 2017-18 as the new base year, no decision has been taken as the committees of experts are awaiting some more data before finalising their opinion.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
Captains of the industry, particulary the outgoing chairman of Federation of Indian Chambers of Commerce of Industry Harsh Pati Singhania, who is also the managing director of JK Paper Mill, hailed the Union Budget.
CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.
Faced with the dichotomy of overflowing granaries and rising commodity prices, Prime Minister Manmohan Singh on Tuesday said the government will do 'everything possible' to put the lid on food inflation.
The companies stayed cautious about making fresh commitments and about 46 per cent saw no change in investment levels.
The global financial crisis can be turned into a great opportunity for growth in India and China if the two Asian giants join hands to collaborate in five key sectors such as gems and jewellery, says a Ficci-KPMG report.
The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage
Sports Minister Kiren Rijiju said Tokyo Olympics is the immediate target but infrastructure needs to be put in place for future events for athletes to perform well.
Asserting that India has full potential to emerge as a global hub for electric vehicles by 2025, Union Minister Nitin Gadkari on Friday asked automobile manufacturers to reduce cost and forego profit initially to capture market and fuel growth. Once the market picks up there will not be any looking back, Road Transport and Highways and MSMEs Minister Gadkari said, promising all support to manufacturers in the initiative aimed at cutting India's huge import costs of crude and arresting pollution. The minister said he is scheduled to make an hour-long presentation on EVs before the Chief Justice of India post-Diwali.
In what would be a significant boost to the domestic entertainment industry, the United States has been roped in as the partner country for the 2009 Ficci Frames - the annual global convention on the entertainment and media industry that is partly sponsored by the Ministry of Information and Broadcasting. It will be the tenth year of Ficci Frames next year.
According to analysis done by Icrier, the teledensity of a country/state plays a big role in determining its economic growth.
Farmer leader Kanwalpreet Singh Pannu said that thousands of farmers will start their 'Delhi Chalo' march from Rajasthan's Shahjahanpur through the Jaipur-Delhi Highway at 11 am on Sunday.
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.
Overall business confidence index is at 6-quarter high: Ficci survey
Over 2,500 delegates from India and 20 other countries, will attend the three-day event in Mumbai, at which they will discuss the changing face of television news, the resurgence of the language media, the new arena of mobile entertainment, and how to cope with the talent crunch. According to a Ficci-PricewaterhouseCoopers report, the industry registered a cummulative growth of 19 per cent between 2004 and 2007.
'Banning Bollywood films will mean a paucity of content to keep the multiplexes and theatres running profitably.'
Panagariya is of the view that school education and higher education need to grow together to help India face various challenges.
In a communication to chief secretaries and director generals of police of all states, the ministry asked them to take action to allay apprehensions and maintain peace and tranquillity, and inform people about the availability of food, medicine and other essential commodities.
"People in India are benefiting from the whole process of liberalisation," Finance Minister Arun Jailtey said.
Kiren Rijiju said the coronavirus-forced nationwide lockdown, which has been extended till May 17, forced his ministry to delay the resumption of the training camps at Sports Authority of India (SAI) centres. The lockdown was earlier meant to end on May 3.
The beneficiaries of the second set of announcements are expected to be micro, small, and medium enterprises, farmers, women, poor, migrant workers, and other marginalised sections of the society, reports Arup Roychoudhury.
The Indian entertainment and media industry is expected to outgrow the country's economy every year between 2007 and 2011.
Riding high on growing income levels, comsumerism, technological improvements and greater investments, the media and entertainment sector is expected to cross a turnover of Rs 100,000 crore (Rs 1,000 billion) by 2011.
Calling the 'events' along the Line of Actual Control (LAC) very disturbing, the external affairs minister said they have raised some very 'basic concerns'. When asked whether it will be a long-haul or a breakthrough is expected soon, Jaishankar said: "I would not go into prediction zone at all whether it is going to be easy or not, and what will be the timelines and so on."
Facebook COO touches upon various aspects of gender differences common across cultures.
Centre plans to acquire land and then give it on lease to miners.
Federation of Indian Chambers of Commerce and Industry says banning colas without following proper law will hurt India's credibility and investment climate.
Realising that rising prices had brought the Congress down in the Assembly elections, Gandhi flagged tackling inflation, including the food part, as top priority.
Telecom major Bharti Group, hotelier Lalit Suri and Kolkata-based Peerless are among the companies which have proposed investments of Rs 1,000 crore (Rs 10 billion) in Jammu and Kashmir under the ambit of industry body FICCI.
Despite optimism about export prospects, investments and recruitment in the next six months, India Inc's business confidence index fell in the fourth quarter of fiscal 2004-05 compared to the previous period, a FICCI survey said on Monday.
She looked resplendent as a Rajasthani royal bride.
Narendra Modi's coming to power will not make any difference to Pakistan's trade ties with India, says Zubair Ahmed Malik, president of the Federation of Pakistan Chambers of Commerce & Industry.
While its widely being publicised that Environment Minister Jayanthi Natarajan resigned from the council of ministers to work for the Congress party ahead of the crucial Lok Sabha polls, political observers point out that 'growing unhappiness' over her performance during her ministership could have possibly led to the move. Renu Mittal reports.
Thank you, Mr Prime Minister, for bringing colour to our colourless, drab, despair-ridden lives.
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