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FICCI News

07 Oct 2024

Indian E-commerce Market Poised To Reach $325 billion in 2030: Report

The expansion of retail networks in tier 2 and 3 cities is expected to contribute a significant portion of this growth, the report noted.

Ministry Of Food Processing

07 Apr 2024

India's Food Processing Sector Poised To Reach USD 535 Billion By 2025-26

Praveen also addressed the pressing issue of food wastage, emphasising the need for comprehensive waste management strategies at every stage, from farm to fork.

productivity linked incentive scheme

27 Jul 2023

PLI Scheme For Chemicals, Petrochem Sectors To Be Launched? Know What FM Said

As of now, the government has rolled out 14 PLI schemes for various sectors like telecom, Pharma and textiles among others.

Reserve Bank of India

03 Apr 2022

FY23 GDP growth estimated at 7.4%, says FICCI

A repo rate hike of 50-75 bps is expected by the end of the current fiscal. The RBI is expected to continue supporting the ongoing economic recovery by keeping the repo rate unchanged in its April policy review.

16 Feb 2022

Top family led companies breathe easy as SEBI drops mandatory splitting of CMD

SEBI had set up a committee on Corporate Governance in June 2017 under the Chairmanship of Uday Kotak (Kotak Committee) with a view to seeking recommendations to further enhance the Corporate Governance norms for the listed companies.

06 Aug 2021

RBI's move to keep interest rates low to boost business confidence: India Inc

Ficci said the central bank's indication yet again to continue with the accommodative stance, until necessary, to revive growth is encouraging. Assocham said the full credit must be given to the RBI for prioritising growth and retaining the accommodative stance on policy rates. However, given the way the COVID situation has evolved, some of the deeply stressed sectors may need a longer period to be able to meet the financial parameters.

National Education Policy

26 Feb 2021

National Education Policy to make India knowledge capital of world, says Goyal

The National Education Policy focuses on innovation, entrepreneurship and skill development. He also said the policy allows students to be more creative in their chosen fields.

12 Dec 2020

PM Modi addresses Annual meeting of FICCI

PM Modi in his address to Annual meeting of FICCI said that hindrances in agriculture sector will be removed.

10 Aug 2020

'We want to protect our industries so that they can get fair play and access'

Goyal said that those investing in India, should not just look at assembling the Semi-knocked down kits or availing import duty concessions, but must bring technologies, best practices and do value-addition "Our government will stand shoulder-to-shoulder with industries in their efforts to become more competitive and engage with the world on equal and fair terms" He invited the Indian industry to walk together, support each other, and work towards a prosperous India in the long run and a better future for the generations to come

17 May 2020

FICCI's nod to government's final tranche of ‘Aatmanirbhar Bharat’ package

Hours after the Union Finance Minister Nirmala Sitharaman announced the fifth and final tranche of Aatmanirbhar stimulus package, FICCI welcomed the announcements noting that the giving states more room for market borrowing is a step in the right direction.

12 May 2020

Atmanirbhar package strengthens dream of strong India, says FICCI President

"FICCI will fully support the PM’s dream of a self-dependent India and ensure all measures to make this a reality. The strengthening of the five pillars — economy, infrastructure, system, demography, and demand will pave the way for India returning to a higher sustained growth path again,” said FICCI President.

11 May 2020

Economy requires Rs 4.5 lakh crore fiscal support at current juncture: Ficci

In a letter to Finance Minister Nirmala Sitharaman, Ficci President Sangita Reddy also made a case for the need to create a self-sufficiency fund for innovation, construction and manufacturing clusters to make use of the emerging opportunities in the wake of disruption in global supply chain.

29 Nov 2019

GDP slumps in Q2: things will improve in 2nd half of this fiscal, says FICCI

India's economic growth has slowed to 4.5 per cent in the July to September quarter from 7.1 per cent in the corresponding period of last year, said the government data on Friday (November 29). The slowdown in Q2 FY20 was largely due to a sharp dip in the manufacturing sector and agriculture output, said the Ministry of Statistics and Programme Implementation in a statement.

26 Aug 2019

GDP growth pegged at 6% in Q1: FICCI survey

The growth numbers for the first quarter are expected to be released by Central Statistics Office (CSO) next week. Ficci said boosting agriculture sector, strengthening MSMEs, undertaking factor market reforms are key to steering the economy out of the slowdown.

Union Budget 2019

13 Jun 2019

Ficci for increasing FDI cap in insurance to 74%

The body also said that there is a need to improve investor confidence about the surrounding ecosystem in the country to attract more FDI inflows.

31 May 2019

India's GDP growth forecast at 7.1% for FY20

The industry body FICCI's economic outlook survey said the minimum and maximum growth estimate stood at 6.8 percent and 7.3 percent, respectively, for 2019-20.

13 May 2019

Positive sentiment continues for manufacturing sector in Q4: FICCI survey

In terms of order books, 44 percent respondents in March 2019 quarter said they expect the number to go up as against 43 percent in October-December 2018 quarter.

20 Sep 2018

Industry, govt should jointly strategise for economic growth: Ficci

Ficci president Rashesh Shah indicated that the economy is on a recovery path with reforms measures, while Indian rupee is weakening and inflationary pressure going up while rising oil prices are again posing a high risk to India's economic growth trajectory.

Deepika Padukone

10 Sep 2018

Deepika Padukone opens up on her fear of slipping into depression again

Deepika talked about her fear of slipping into depression again.

Priyanka Chopra

08 Aug 2018

Photo Gallery: Priyanka Chopra and the curious case of rings

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