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).
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.
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
All members of the National Disaster Management Authority, appointed by the previous United Progressive Alliance government, have been asked to resign.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
