Interview with first woman president of the Ficci country head of HSBC India.
Pakistan has said that Karachi Chambers of Commerce and Industries, which cancelled Indian High Commissioner Gautam Bambawale's public engagement at the last minute, is an independent body, a day after India summoned Pakistani envoy to lodge a strong protest over the incident.
Till the second quarter of 2011, the food sector has attracted more than $100 million investments through PEs," according to the 'Food Franchising Report 2011' brought out by Franchise India and Ficci.
Industry lobbies have begun pre-budget consultations with the Union finance ministry for 2010-11.
Ficci's Business Confidence Survey continued to show a robust rise in the second quarter of the ongoing financial year 2010-11 as all three confidence indices -- current conditions index, expectations index and overall business confidence index -- saw an increase in their values.
The RBI has been tightening key benchmark rates since November last year as the country started recovering from the impact of the global economic slowdown.
At 3.5 per cent per annum, interest on savings accounts is the only regulated rate in the banking system currently and a highly contentious one given its impact on the common man.
To reap the benefits following India and Pakistan governments' decision to further bilateral trade ties, a high-powered 70-member delegation of the Federation of Indian Chambers of Commerce and Industry
Jonah Blank, former journalist and now policy director for South Asia on the powerful Senate Foreign Relations Committee, believes the Bush administration should have expended its political capital on strongly supporting India's bid for a permanent seat in the United Nations Security Council and being a catalyst in India securing this long-desired position in the world body, instead of the US-India civilian nuclear deal.
Trade volume between the two emerging economies shrank in 2012 as India's exports to China fell 16 per cent.
India said said that rolling back of fiscal and monetary stimulus packages, injected by the government to counter the effects of economic downturn, at this stage would be "counter-productive and disastrous to the industry."
The Forum is organised by Singapore Indian Chambers of Commerce and Industry, with the partnership of state-trade agency IE Singapore, the Confederation of Indian Industry and the Singapore Chinese Chamber of Commerce and Industry.
In fact, India stands to gain in sectors such as textiles, handicrafts, chemicals and pharmaceutical from its trade with the Asean economies.
The Indian industry has thus joined hands with the government in urging Americans to lift stringent export controls on high-technology transfer.
Chains such as Fortis generate a significant portion of their revenue through health insurance policy reimbursements.
Differing with Prime Minister Manmohan Singh, who feels the corporate sector has been harsh in blaming the government, leading players in India Inc say a policy paralysis in the government and its inability to push reforms have indeed led to an economic slowdown and Singh's criticism is not justified.
Indians want to have a little more clarity and certainty before they invest, says Naina Lal Kidwai, Executive Director, HSBC Limited and Country Head, HSBC India.
Trinamool Congress candidate and Federation of Indian Chambers of Commerce And Industry secretary general Amit Mitra, pitted against Communist Party of India-Marxist candidate and West Bengal Finance minister Ashim Dasgupta, is confident that his party is heading for a victory at the forthcoming Assembly elections.
In a telephonic conversation, Mitra explains to Namrata Acharya how the state is reeling under a huge debt, a 'legacy' of the Left government.
The government is set to announce some significant measures to reduce the high transaction costs faced by the country's exporters in their day-to-day operations. Finance Minister Pranab Mukherjee will be unveiling the measures on February 8.
United States Senator Mark Warner, the democratic co-chair of the Senate India Caucus, said Prime Minister Dr Manmohan Singh and India's restraint in the face of continuing terrorist attacks is nothing short of remarkable and keeping with the best traditions of India.
The pre-Budget memoranda of the Indian Drug Manufacturers Association and the Federation of Indian Chambers of Commerce and Industry have said more incentives are needed to spur drug research.
This is despite a Federation of Indian Chambers of Commerce and Industry survey showing more players were optimistic on a recovery in manufacturing in the last quarter of 2011-12.
We are solid, and what we are now looking for is a steady explosion of economic cooperation between India and the US, Tarun Das tells rediff.com
Enthused by the success of US President Barack Obama's visit, India said on Tuesday it is time to 'seriously consider' a trade-opening agreement with America, similar to the ones entered with the ASEAN and South Korea.
Growth and economic reforms in India must take centre-stage again and acts of corruption or security concerns should not distract the attention of the government and the people, said Union Home Minister and former finance minister P Chidambaram recently.
Banks in India will need about $100 billion (Rs 5 lakh crore) of capital over the next decade as the system grows to meet credit requirements of an expanding economy, Om Prakash Bhatt, chairman of the State Bank of India said.
In an interview with Business Standard, USIBC president Ron Somers explains the significance of the the US-India partnership.
Speaking at a conference on terrorism and national security organised by the Federation of Indian Chamber of Commerce and Industry , Moily said, "None of my reports were seriously looked into." Moily-headed Administrative Reforms Commission has over the last one-and-a-half year submitted reports on terrorism, conflict resolution, police reforms and ethics in government.
The Federation of Indian Chambers of Commerce and Industry is 'very hopeful' that the seven SAARC nations would be able to clear all roadblocks on the way to signing of Saarc Free Trade Agreement (SAFTA) at the Islamabad summit.
Reserve Bank of India (RBI) Deputy Governor Subir Gokarn on Tuesday said India cannot risk accepting high inflation as the new normal, nor can RBI afford to drop its guard.
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
The memorandum of understanding calls on Ex-Im Bank and Ficci to exchange information on business opportunities for the US exporters and Indian buyers, and to cooperate on workshops and other initiatives to widen understanding of their respective programmes. At a function held at the Ex-Bank headquarters in Washington, the MoU was signed by the Ex-Im Bank Chairman and President Fred P Hochberg and Ficci secretary general Amit Mitra.
Yogendra Kumar Modi was on Friday elected as the next president of the Federation of Indian Chambers of Commerce and Industry. He will succeed A C Muthiah.
Ficci is also concerned that outsourcing, relaxation of export-controls on dual-use technology are other issues that can 'hinder' the burgeoning relationship.
India on Monday unveiled a roadmap to step up trade with Latin American countries by ten times to over $22 billion in the coming years.
Business and industry leaders from India and Pakistan on Tuesday said the two countries would look up to the 21st century as one of trade - and not of wars.
The stimulus packages should continue for another year or at least till October 31, he said, pointing out that the economy is yet to achieve the pre-crisis level of nine per cent.
Ace film maker Yash Chopra, who is also Federation of Indian Chambers of Commerce and Industry Entertainment Committee chairman, said the multiple taxation is a serious threat to the survival of the industry.
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