Page 7 - Ficci

Budget 2020: Steel sector seeks relief in customs duty on key raw materials

Industry body said exemption available to coking coal was also removed by the government in 2014-15 Budget by bringing it at par with other types of coal and imposing 2.5 per cent basic customs duty

At least Rs 1.5-2 trn capital infusion is needed: Ficci chief Sangita Reddy

If there's a time-bound plan to raise Rs 3-5 trillion through disinvestment, which is more than adequate to cover the spending, it won't affect the ratings, says Sangita Reddy

India should maintain fiscal deficit; needs revenue mobilisation: Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.

Ahead of GST meet, FICCI body calls for retaining rates on tobacco products

Currently, GST rate on these products are 28 per cent while cess varies between 61 to 204 per cent

Flag countries placing non-tariff barriers on exports: Goyal to industry

He further said the stakeholders need to tell the government, which country is using any trade remedial measures or non-tariff barriers which impact their exports to that country

ISA Summit aims to create a $1 trn global solar market: Upendra Tripathy

In a Q&A, the interim director general of International Solar Alliance speaks of generating political support for solar roadmaps of member countries

Jio boxed into corner; CII, FICCI join cause to seek relief for telcos

SC on October 24 upheld the government position that non-telecom revenue should be included in calculating AGR, a percentage of which is paid to the exchequer as statutory dues

Steelmakers fear iron ore supply disruption once leases expire next March

Industry says transition from existing to new lessee is not going to be as easy as anticipated

The elephant in the board room

The separation of the roles of the chairman and MD/CEO was bound to be contentious from the time it was mooted. Surprisingly, it took two years for industry to formally raise this issue

Odisha to tap ICT in power sector to fit into 5T governance model

Focus is on tapping technology to provide qualitative power services to consumers; a green energy roadmap is also being drawn up

Stake sale in BPCL, SCI, Concor to strengthen firms, boost growth: Ficci

The decision to undertake strategic disinvestment and transfer management control in entities like SCI, Concor, BPCL are welcome, Ficci said in a statement

Govt could look at Israel, Brazil models for onion storage: Ficci study

For ensuring cost-effective storage of onions, Ficci said the emphasis should be laid on building low-cost farm gate storage

Electronics manufacturer Flex to expand its facilities in Tamil Nadu

Company plans to move some units to the state from neighbouring countries

Industrialist and son of Modinagar's founder, K K Modi passes away

K K Modi served as the chairman of Modi Enterprises, which includes companies like Godfrey Phillips, Indofil Industries and Modicare

Ministry of Defence 'nominates' DRDO for building e-warfare systems

The Mountain EW system "would be designed and developed by DRDO and manufactured by design-cum-production partner from the Indian (private) industry," announced the MoD

Inform if any aircraft acquisition plans change, AAI tells airlines

According to industry estimate, airlines in India have speeded up their aircraft acquisition plans. They will add at least 30 planes till December, of which 20 will be added by the first week of Nov

Realty market sentiment in Q2 plummets to demonetisation level: Report

Further, the Future Sentiment Index dropped to an all-time low of 49 in Q3 2019 calendar year

Details of investment in J&K would be available soon: FM Nirmala Sitharaman

India on August 5 scrapped Jammu and Kashmir's special status and bifurcated it into two Union Territories -- Jammu and Kashmir and Ladakh

BSE joins hands with Ficci to enhance MSME and start-up environment

The MSMEs were invited to present their summary of ideas and suggestions as well as discuss their main issues of concern to the ministry

Ficci survey pegs India's GDP growth rate at 6.9% for the entire year

The investment rate is expected to go up in the second half