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GST Council will decide in national interest: Bihar Dy CM

New Delhi, July 8 : The GST Council will take decisions which will benefit states and the country, Bihar Deputy Chief Minister Tarkishore Prasad said on Friday.

Employment outlook improves in manufacturing sector: FICCI Survey

New Delhi, June 19 : After experiencing revival of Indian manufacturing in the first three quarters of 2021-22, momentum of growth continued in subsequent quarters of Q-4 of financial year 2021-22 and Q-1 of the current financial year and there seems to be an improvement in employment outlook after a long gap, a survey conducted FICCI said.

Manufacturing outlook improves in Q3, hiring prospects subdued: Ficci survey

New Delhi, Jan 30 : A survey across 12 major sectors including auto, capital goods, cement, chemicals and pharma has shown improved sentiments among manufacturers with average capacity utilisation in the range of 65-70% in the third quarter (Q3) of the current financial year. Manufacturers are expecting measures in the budget to enhance growth and investments in the sector. "The percentage of respondents reporting higher production in third quarter of 2021-22 (October-December 2021-22) was around 63%. This was significantly higher or almost double than the similar percentage of last year's Q-3 quarter (around 33%)," industry body Ficci said on Sunday. Industries generally go for expansion once at least 70% factory capacity is utilised. Ficci said that its survey responses were drawn from over 300 manufacturing units from both large and SME segments with a combined annual turnover of over 2.7 lakh crore.

FICCI welcomes PLI scheme for specialty Steel Sector

Kolkata, Jul 22 : FICCI on Thursday welcomed the government’s move to approve Production-linked Incentive (PLI) Scheme for Specialty Steel sector. The scheme will boost the production of high-grade specialty steel in the country and will lead to enhanced exports, while simultaneously minimizing the imports for high end steel.

Business confidence declining amid Covid outbreak; shows survey; call for fiscal...

New Delhi, Jun 1 (UNI) Business confidence in the country has sharply deteriorated as demand took a hit during the prevalent second wave of COVID-19 outbreak, according to industry grouping FICCI survey. The Overall Business Confidence Index fell to 51.5 for the month of May after reporting a decadal high of 74.2 in the previous survey released in March, the Federation of Indian Chambers of Commerce and Industry said in a statement.

FICCI welcomes Prime Minister Narendra Modi’s acknowledgement of the role of...

Kolkata, Feb 11 (UNI) The Federation of Indian Chambers of Commerce and Industry has welcomed Prime Minister Narendra Modi’s acknowledgment of the role of Indian industry and business.

Azim Premji University, FICCI and TISS come out new USENET policy...

Bengaluru, Jan 23 (UNI) A first of its kind collaboration has led to the release of a new policy --Udyog Sahayak Enterprises Network (USENET)-- targeted at creating one crore jobs in the next five years. The collaborators of the new policy were Azim Premji University, Federation of Indian Chambers of Commerce and Industry (FICCI) and Tata Institute of Social Sciences (TISS), Mumbai, according to a release here on Saturday.
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