The industry body also asked for extending cost subsidies to all cold chain projects ranging from 25-50 per cent of the total cost.
Drones are being used for carrying out a host of tasks like surveillance to ensure that people are maintaining social distancing, spreading awareness about COVID-19 in densely populated areas, spraying disinfectants and checking people's temperature
Country's largest lender State Bank of India might continue with eight per cent concessional home loan rate even after September, a top official of the bank said.
Premji said that the country was very innovative with fundamental R&D in the solar energy space, and not just a copycat.
Buoyed by 8.8 per cent growth of the Indian economy in the first quarter this fiscal, industry on Tuesday said the GDP may expand by around 9 per cent during 2010-11, but cautioned against certain weak areas like financial services.
"If the music royalty is reduced by Rs 100 crore (Rs 1 billion), I think many of the FM radio stations in the country could be very viable. Or else, they will be forced to shutdown," says Prashant Panday, CEO, Radio Mirchi.
Ficci: Rationalise tax structure; CII: Space for fiscal incentives is limited.
The government is committed to ensure clearance of the Insurance Amendment Bill, which is expected to allow a higher foreign direct investment in the country's insurance sector, a central government minister said.
Market-regulator Securities and Exchange Board of India on Tuesday said that it is looking at the need to put a check on mis-selling of mutual fund products by the distributors through a compliance certification examination.
The European Union on Friday asked India to further open its economy for foreign investments even as the country has taken tentative steps towards liberalising FDI in sensitive defence and multi-brand retail sectors.
A new dimension will be added to the India's growth story by Bharti Airtel's acquisition of Kuwait's Zain Telecom, besides enhancing the country's brand equity
Despite the inherent attractiveness of the rural market for telecom operators various challenges still mar their entry.
Commerce Minister Anand Sharma on Monday expressed optimism that the total FDI inflows this fiscal will the same as in the previous year's at $27 billion.
Employable skills have taken on significant importance when it comes to recruiting candidates for a job. Find out what skills recruiters are looking for.
Calling for a strong collaboration between industry, the Centre and states to tide over infrastructure gaps, he said it is time the country catapulted itself into a major manufacturing hub by positioning it as an alternative to China, which is the world's factory now.
Also seeks removal of excise duties on set top boxes for free to air transmission, and removal of service tax for broadcasters.
India Inc on Friday expressed the hope that the robust 17.6-per cent industrial growth in April will help the economy grow by 8.5 per cent in this fiscal, even though factory output growth may moderate after June.
"It is heartening to note that the RBI has chosen growth over monetary tightening and inflationary fears," FICCI president Harsh Pati Singhania said.
You will now have to pay more for electricity, piped cooking gas, and taxi, autorickshaw and bus fares because of the hike in gas prices.
Corporate India on Monday warned the government that any regulation of CEOs' pay may lead to flight of talent and capital from the country and said salaries are best decided by the industry.
The government on Wednesday said that the power generation capacity addition in the XI five-year plan, ending 2012, would be about 74,000 MW, close to the original target of 78,577 MW.
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'.
"There has not been much emphasis on ethics (among market participants) as there should have been," Sebi whole- time member, Prashant Saran, said at a Ficci-IBA seminar in Mumbai.
India Inc on Friday said that the completion of the bidding process for scam-tainted Satyam Computer demonstrates the country's strength in dealing with complex corporate issues.
Viewership after 10 pm in the four southern states is just about half of that in Hindi speaking markets.
The Clinical Research sector is emerging as an attractive option for science graduates, doctors, management/ IT professionals, alike.
"All these issues are going to be looked into very carefully from the point of view of security angle and perhaps in the days to come, you might see more on this," External Affairs Minister S M Krishna told reporters on the sidelines of a FICCI event in New Delhi. Copies of visas issued to Pakistani-Canadian Rana and a woman Samraz Rana Akhthar, who he claimed to be his wife, show that both were issued multiple entry visas under the discretion of the Consul General.
Concerned at the declining industrial growth, industry chambers on Thursday suggested that lending rates should be brought down to single-digit levels.
State-run IDBI Bank expects interest rates, both on deposits and advances, to increase from the third quarter of the current financial year.
The government on Saturday said it will earn an additional Rs 40,000 crore (Rs 400 billion) from the hike in excise and restoration of duties on petroleum products, while it will lose Rs 21,000 crore (Rs 210 billion) due to income tax sops.
The domestic steel companies such as SAIL and Tata Steel are likely to increase prices by about Rs 600 a tonne on account of the increase in excise duty in the Budget.
Public sector Bank of Maharashtra has sought government approval to raise Rs 1,500 crore in three years.
United Bank of India has drawn up plans to float an initial public offer in December this year, bank chairman and managing director S C Gupta said on Monday. The government had already approved the capital restructuring exercise of the bank, he said on the sidelines of the Ficci Banking Conclave in Kolkata.
Federation of Indian Airlines has appealed to DGCA to extend notice period of flyers from 6 months to a year
Talks on an India-European Union Free Trade Agreement started in 2007. Six rounds of negotiations have been held but the two sides have not been able to arrive at a consensus on the level of trade to be covered under the FTA that will eventually eliminate duties on goods traded.
Hospital chain Fortis Healthcare's Rs 1,000 crore (Rs 10 billion) rights issue is likely to hit the market by October, with the firm taking fresh steps to realise the plan.
With the introduction of the single window clearance provision, pre-production windows are expected to reduce significantly. Not only will it have an impact on the operational cost of the film, it will also allow studios to release films faster.
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.
The government in its budget for the current fiscal decided to borrow Rs 4.5 lakh crore (Rs 4.5 trillion) from the market, up from Rs 3.1 lakh crore (Rs 3.1 trillion) in the previous fiscal.
It is only through a trade-opening global pact that issues like distorting subsidies or generating market access can be addressed, the WTO chief emphasised.
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