Our industry needs bridges not walls
NEW DELHI: The Prime Minister Narendra Modi delivered the inaugural address at FICCI’s 93rd Annual General Meeting and Annual Convention today via video conferencing. The Prime Minister complimented the Indian private sector for not only meeting the domestic needs but also for its capability to establish strong brand India globally. Commitment of every citizen towards […]
Economy set to bounce back, time for bold actions: Ficci
NEW DELHI: Ficci President Sangita Reddy on Sunday said that India’s strategy of dealing with the Covid crisis has paid off and the nation’s economy is set to bounce back and emerge stronger. “The speed, virality and impact of the Covid contagion is unprecedented. There was no standard playbook for pandemic management. The dilemma for […]
Economic distress due to Covid-19 causes rise in smuggling in Northeast: FICCI
NEW DELHI:Industry body FICCI on Sunday said the recent rise in smuggling in the northeastern region can be attributed to economic distress insinuated by Covid-19 pandemic. The Federation of Indian Chambers of Commerce & Industry (FICCI) said loss of jobs and lack of income due to recurrent lockdowns have left citizens without a means of […]
Ficci demands stimulus package to pump-prime slowing Indian economy
NEW DELHI: Apex industry chamber Ficci on Monday made a strong case for fiscal stimulus to pump-prime the slowing economy amid global headwinds and weakening domestic demand in the next budget as the Narendra Modi government is all set to begin its second innings. India’s GDP growth slowed to five-quarter low of 6.6 per cent […]
Manufacturing to see improved hiring, production outlook in Q3: Ficci
NEW DELHI: Hiring and production outlook is expected to be better, while exports will be affected due to global demand factors in the manufacturing sector in October-December this fiscal, said a Ficci survey. Ficci’s latest Quarterly Survey on Manufacturing presents a better outlook for hiring and production, the industry body said in a statement. The […]