chambers of commerce and industry

Strike hits key sectors, industry puts loss at $2.2 billion (Roundup)


September 20th, 2012 - 9:25 pm ICT by IANS
New Delhi, Sep 20 (IANS) Economic and business activities across India was hit Thursday causing an estimated loss of around Rs.12,500 crore ($2.25 billion), a leading industry lobby said.The one-day ... Read more...

Posted in Business |

Don’t roll back reforms under pressure: India Inc (Lead)


September 19th, 2012 - 9:07 pm ICT by IANS
New Delhi, Sep 19 (IANS) The industry in India Wednesday asked the government not to roll back the recent reform measures like foreign investment in multi-brand retail and hike ... Read more...

Posted in Business |

Don’t roll back reform measures: FICCI


September 19th, 2012 - 6:41 pm ICT by IANS
New Delhi, Sep 19 (IANS) Any rollback of the recent reform measures like allowing foreign investment in multi-brand retail and hike in diesel prices to reduce subsidy would raise ... Read more...

Posted in Business |

PPP model necessary to develop urban infrastructure: Kamal Nath


September 17th, 2012 - 11:24 pm ICT by IANS
New Delhi, Sep 17 (IANS) In an attempt to overcome the urban infrastructure deficit, the government is encouraging development of workable public-private partnership (PPP) models, Urban Development Minister Kamal Nath ... Read more...

Posted in Business |

Cash rich PSUs to invest in projects to spur growth


September 11th, 2012 - 6:50 pm ICT by IANS
New Delhi, Sep 11 (IANS) The government is working on a mechanism under which nine major public sector undertakings (PSUs) having large cash reserves would start investing in infrastructure ... Read more...

Posted in Business |

CEOs forum for skills development launched


September 7th, 2012 - 7:23 pm ICT by IANS
New Delhi, Sep 7 (IANS) A CEOs forum was launched here Friday to plug the skills gap in India keeping in view its demographic potential.Industry lobby Federation of Indian ... Read more...

Posted in Business |

Private sector should not be targeted for coalfield allocations: Jindal


September 6th, 2012 - 9:58 pm ICT by IANS
New Delhi, Sep 6 (IANS) Private firms should not be unfairly targeted for coalfield allocations, Chairman of Jindal Steel and Power and Congress MP Naveen Jindal said Thursday, adding any ... Read more...

Posted in Business |

‘Education system not keeping pace with evolving technology’


September 6th, 2012 - 9:21 pm ICT by IANS
New Delhi, Sep 6 (IANS) India's education system is not keeping pace with rapidly evolving technology, resulting in difficulty in finding suitable candidates where millions are unemployed, FICCI president R.V. ... Read more...

Posted in Business |

Government to set up 10 community colleges for skill development


September 6th, 2012 - 6:43 pm ICT by IANS
New Delhi, Sep 6 (IANS) The government will set up 10 community colleges in collaboration with Canadian educational institutes to educate illiterate adults and provide skill-based training for employment, Human ... Read more...

Posted in Business |

Bangalore administration urged to involve people


September 5th, 2012 - 9:16 pm ICT by IANS
Bangalore, Sep 5 (IANS) With Bangalore's garbage mess adding to its many woes, the city's civic administration and the Karnataka government were Wednesday urged by a trade body to involve ... Read more...

Posted in Business |

India, Pakistan to liberalise business visa norms


September 4th, 2012 - 7:35 pm ICT by IANS
New Delhi, Sep 4 (IANS) In a bid to strengthen bilateral economic relations, India and Pakistan will soon sign agreements for liberalising visa norms for business travellers, Commerce and Industry ... Read more...

Posted in Business |

India, Pakistan to soon ink customs cooperation deal


September 4th, 2012 - 7:34 pm ICT by IANS
New Delhi, Sep 4 (IANS) India and Pakistan will sign deals in the next few weeks for cooperation and mutual assistance in customs matters and redressal of trade grievances, Commerce ... Read more...

Posted in South Asia |

Weak demand dampens business confidence: FICCI


September 2nd, 2012 - 5:35 pm ICT by IANS
New Delhi, Sep 2 (IANS) Weak demand and slow economic growth has dampened business confidence in India, according to a survey conducted by the Federation of Indian Chambers of Commerce ... Read more...

Posted in Uncategorized |

‘Remove bottlenecks stalling infrastructure projects’


August 31st, 2012 - 10:47 pm ICT by IANS
New Delhi, Aug 31 (IANS) Investor confidence in India can be boosted if bottlenecks such as lack of forward-looking project preparations and a sound land-acquisition process that stall key infrastructure ... Read more...

Posted in Business |

‘Made in Pakistan Expo’ in Mumbai


August 30th, 2012 - 9:52 pm ICT by IANS
Mumbai, Aug 30 (IANS) An exhibition displaying Pakistan's finest textiles, marble, herbs and medicines, plastics and variety of dry fruits products -- Made in Pakistan Expo 2012 -- is being ... Read more...

Posted in Business |

ICT be used for better healthcare: Pitroda


August 29th, 2012 - 9:55 pm ICT by IANS
New Delhi, Aug 29 (IANS) Information and communications technology should be used to create an information network for better health care in the country, Sam Pitroda, adviser to the prime ... Read more...

Posted in Health |

Karnataka lags behind in attracting FDI: Assocham


August 28th, 2012 - 9:26 pm ICT by IANS
Bangalore, Aug 28 (IANS) Karnataka lagged behind Odisha, Andhra Pradesh, Gujarat and Chhattisgarh in attracting foreign direct investment (FDI) during fiscal 2011-12, accounting for mere eight percent of the total ... Read more...

Posted in Business |

President stresses universal healthcare system (Lead)


August 28th, 2012 - 4:34 pm ICT by IANS
New Delhi, Aug 28 (IANS) President Pranab Mukherjee Tuesday stressed the need to evolve a universal healthcare system for the nation, calling it important for economic growth. He pitched ... Read more...

Posted in Health |

CAG reports creating suspicion, distrust: Assocham


August 28th, 2012 - 4:02 pm ICT by IANS
New Delhi, Aug 28 (IANS) The Comptroller and Auditor General of India (CAG) report on coal block allocation in which it has indicated a Rs.1.85 lakh crore ($37 billion) loss ... Read more...

Posted in Business |

Special committee for TRP soon: Ambika Soni


August 27th, 2012 - 7:29 pm ICT by IANS
New Delhi, Aug 27 (IANS) Information and Broadcasting Minister Ambika Soni Monday said the Broadcast Audience Research Council (BARC) would soon appoint a technical committee for measuring target rating ... Read more...

Posted in Uncategorized |

Investors apprehensive of Bengal’s policies: Assocham


August 22nd, 2012 - 11:37 pm ICT by IANS
Kolkata, Aug 22 (IANS) The West Bengal government must take measures to attract big investment as industrialists are still "very apprehensive" about its policies, industry group Assocham said Wednesday."Still the ... Read more...

Posted in Business |

Government-industry task force to meet next week


August 10th, 2012 - 6:51 pm ICT by IANS
New Delhi, Aug 10 (IANS) A government-industry task force headed by Commerce and Industry Minister Anand Sharma will meet here next week to discuss fall in industrial output and ... Read more...

Posted in Business |

Chidambaram’s efforts will help revive growth: FICCI


August 7th, 2012 - 8:10 pm ICT by IANS
New Delhi, Aug 7 (IANS) Enthused by Finance Minister P. Chidambaram's assurance of fine-tuning policies, industry body FICCI Tuesday said this would help revive economic growth."It is quite obvious ... Read more...

Posted in Business |

Belgium calls for early signing of India-EU free trade pact


August 3rd, 2012 - 8:09 pm ICT by IANS
New Delhi, Aug 3 (IANS) Belgium Friday made a strong pitch for an early conclusion of the free trade agreement between India and European Union (EU), saying it would significantly ... Read more...

Posted in Business |

Experts’ views on RBI monetary policy review


July 31st, 2012 - 7:40 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) kept key policy rates unchanged in the first quarter review of monetary policy announced Tuesday. Following are the comments from ... Read more...

Posted in Business |

Blackout hits business activities


July 30th, 2012 - 6:47 pm ICT by IANS
New Delhi, July 30 (IANS) The worst blackout in more than a decade following a breakdown of the Northern Power Grid in the early hours of Monday severely hit business ... Read more...

Posted in Business |

India’s energy consumption to double by 2031: Study


July 25th, 2012 - 8:28 pm ICT by IANS
New Delhi, July 25 (IANS) Energy consumption in India is likely to double to 1,124 kgs of oil equivalent (kgoe) by 2031-32 on the back of high economic expansion, a ... Read more...

Posted in Business |

We are not against FDI in retail: Akhilesh Yadav


July 24th, 2012 - 4:22 pm ICT by IANS
New Delhi, July 24 (IANS) Uttar Pradesh Chief Minister Akhilesh Yadav Tuesday said his party would support foreign direct investment (FDI) in multi-brand retail if it benefited farmers, contradicting ... Read more...

Posted in Politics |

CII echoes Obama, calls for easing FDI norms


July 17th, 2012 - 7:14 pm ICT by IANS
New Delhi, July 17 (IANS) The Confederation of Indian Industry (CII) Tuesday urged the government to urgently announce confidence-building reforms like opening up multi-brand retail trade that would send ... Read more...

Posted in Business |

Singapore invites Indian investment in education and health


July 11th, 2012 - 9:22 pm ICT by IANS
New Delhi, July 11 (IANS) Looking forward to a mutually beneficial relationship, Singapore Prime Minister Lee Hsien Loong Wednesday invited Indian investments, especially in education, healthcare and power sectors in ... Read more...

Posted in Business |

India, Singapore business chambers to boost trade


July 11th, 2012 - 7:15 pm ICT by IANS
New Delhi, July 11 (IANS) Business chambers of India and Singapore Wednesday signed a cooperation agreement to boost bilateral trade and investments.The Federation of Indian Chambers of Commerce and Industry ... Read more...

Posted in Business |

Fatalities on Delhi’s top killer roads down by 60 percent


July 10th, 2012 - 10:12 pm ICT by IANS
New Delhi, July 10 (IANS) Seventeen "killer roads" in the capital have seen a 60 percent decline in fatalities in the first half of the year, a top officer said ... Read more...

Posted in Business |

US, India join hands to promote innovation


July 10th, 2012 - 3:56 pm ICT by IANS
New Delhi, July 10 (IANS) The Indian and US governments, in association with industry lobby Federation of Indian Chambers of Commerce and Industry (FICCI), Tuesday launched a joint initiative to ... Read more...

Posted in Business |

Indian business showcase opens in Ghana Monday


July 8th, 2012 - 4:39 pm ICT by IANS
Accra, July 8 (IANS) As Africa grows in strategic and economic importance for India, a three-day exposition showcasing Indian businesses and what they have to offer to this 54-nation ... Read more...

Posted in Business |

India Inc welcomes PM’s statement on growth


July 6th, 2012 - 8:24 pm ICT by IANS
New Delhi, July 6 (IANS) India Inc Friday welcomed Prime Minister Manmohan Singh's promised action on several fronts to restore investor confidence, including clarity on tax matters."This is an ... Read more...

Posted in Business |

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