Realty may see consolidation: FICCI

Indian realty sector may experience consolidation wherein bigger players may opt for outright buy of smaller firms or forge JV or biz alliances with them.

Pak concerned over FICCI report mentioning surgical strikes

Pakistan on Thursday expressed concern over a report by an Indian business lobby group that considers options like launching surgical strikes on the country, saying
such views would not help foster peace in the region.

Services exports follow trend in goods, though at lesser pace: FICCI

India`s services exports including IT software fell, like the merchandise trade, in the first six months of 2009 under the impact of the global downturn, though the decline was not as steep as in goods, a study has shown.

Offer sops to industry to encourage investment: FICCI

Business chamber FICCI on Wednesday said high level of investment as projected by Prime Minister`s Economic Advisory Council is critical for economic growth, but the government must offers sops to industry to encourage investment.

Farm output shortfall to hit GDP: FICCI

India`s economy is expected to
grow between 5.2-5.8 percent in 2009-10, much lower than last
year as the agriculture output is estimated to decline
significantly because of drought.

FICCI inks pact with Innovation Norway on industrial coop

FICCI entered into a pact with its Norwegian govt-owned Innovation Norway to strengthen and diversify indus coop between firms in the 2 nations.

Shortage of Rs 5 lk cr to fund country`s power projects: Govt

The latest estimates of the government on Thursday revealed that there is a shortfall of about Rs 5,00,000 crore for financing power projects in the country.

India Inc.`s confidence up, but rising costs a concern

India Inc.`s confidence is up, though high interest rates and rising costs of raw materials and manpower have marred its capacity to do better, a survey released here on Sunday said.

India would see improvement in its growth performance: Survey

Corporate India`s confidence on
the state of economy is on an upswing with a majority of the
companies surveyed by industry body FICCI agreeing that the
government stimulus has spurred economic activities.

Give tax sops on exports of medical textiles: FICCI

The government should cover the entire chain of manufacturing medical textile for exports under tax benefits for promoting a promising area of growth in the global market, industry body FICCI said.

Exports to revive by year-end: FICCI

Though signs of an economic turnaround were starting to appear, a complete recovery for India`s crisis-stricken exports sector would happen only by the year-end, according to an industry survey.

Exporters facing trade barriers in lucrative EU markets: FICCI

Indian exporters are facing non-
tariff barriers like visa and consular issues in the lucrative
European Union market in spite of growing bilateral trade with
the 27-member economic bloc, a survey has said.

Manufacturing sector to recover in second quarter: FICCI

Despite high interest cost and falling exports, India`s manufacturing sector will recover in the second quarter this fiscal, says a report by the Federation of Indian Chambers of Commerce and Industry (FICCI).