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Manufacturing picked up in Sept qtr, may sustain for 6-9 mths: FICCI study

61% respondents in survey reported higher production level in September quarter over the year-ago period, as against 55% who reported higher output in June quarter of FY23

Jaipur set to host 11th edition of India StoneMart international exhibition

Scheduled to be held at the Jaipur Exhibition and Convention Centre, Sitapura Industrial Area, from November 10 to 13, the exhibition is considered one of the biggest of its kind in India

Indian industry ready to catch momentum of country's growth: Ficci official

The Indian industry is ready to catch the momentum of the country's growth story and be a part of its march to 2047 to become a developed nation, a top industrialist has said. In an interview to PTI, Subhrakant Panda, senior vice president of the Federation of Indian Chambers and Commerce and Industries (FICCI) said India has emerged as a bright spot in the world economy. There is no doubt that the Indian economy would easily surpass the goal of USD 5 trillion and then USD 10 trillion GDP, Panda told PTI, asserting that experts and economist are now talking about the country becoming a USD 30 trillion or USD 35 trillion economy. There are many assumptions and factors which go into deriving those numbers, but I think what is very clear is the direction of growth and the sustained reforms, which are going to take us in that direction of growth, he said. From an Indian industry perspective, are we ready for it? Yes, I think we are. Because this is a huge opportunity which awaits us. I

Covid-19 behind, M&E sector navigates the future at Ficci Frames 2022

Back after a two-year hiatus, the summit deliberated on key issues plaguing the sector

Govt working on model theatre policy to arrest decline in cinemas

The government will also work with states to facilitate and promote film shootings in India, he said

Prasar Bharati considers launching children's TV channel under Doordarshan

Content for DD Kids will come from broadcaster's library and partnerships with animation studios and production houses: sources

Rs 58.5K cr of taxes lost in 5 industries due to illicit trade: FICCI study

Says 1.5 mn jobs lost because of such trade; FMCG sector worst affected

Govt working on PLI schemes for more products to boost manufacturing: Goyal

The government had rolled out PLI schemes for 15 key sectors, including technology, textile, automobile, pharmaceutical drugs, speciality steel, electronics, among others

Working to implement common KYC for financial transactions: FM Sitharaman

Says developed nations haven't done their bit on climate change

LIC taking steps to transform corporate governance: DIPAM Secretary

Some of these steps include improving LIC's 13th month and 25th persistency ratio, which is less than its peers

Ficci commits to adopt 100,000 patients under TB Mukt Bharat Abhiyaan

The scheme aims to bring together all community stakeholders to accelerate the country's progress towards TB elimination

FICCI-IBA survey: Banks say NPAs may rise in MSME sector in next 6 months

Retail trade, hospitality, aviation at high risk; long-term credit demand growing for infra, chemicals, food processing, and iron and steel sectors

Employers favour administrative labour reforms over legislative ones

Report reveals that just 20% of fixed-term employment contracts are renewed

India's FY23 growth forecast cut to 7%, RBI to stay hawkish: FICCI

The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body.

Industry body voices concern over 5% GST on hospital room tariffs

Ficci bats for zero GST on health care in letter to FM; CAIT against tax tweaks on food items

Export duty hike: Ficci seeks 3 months to clear 'pending steel orders'

Three-month exemption will provide some relief to the players whose orders are in the pipeline, an industry executive said.

A merger wave in media

A mix of history, the pandemic and its cascading effects are among the reasons for this action

South cinema comes into its own in India, shatter box-office records

In the last six months, movies such as Pushpa, RRR and KGF2 have shattered box-office records; the trend is expected to stay as more big-ticket regional films await release

India's FY23 GDP growth estimated at 7.4%, RBI rate hike by year end: Ficci

RBI is likely to start a rate hike cycle in the second half of 2022, while a repo rate hike of 50-75 bps is expected by the end of the current fiscal.