E-PaperFicc News
Bankruptcy framework needs to be made more efficient for developing stressed asset market: CEA
Subramanian’s suggestion is particularly relevant for public sector banks, in which individual executives may shy away from timely and bold decisions about the worth of an asset fearing an enquiry into the wisdom of it at a later date by regulatory or investigating agencies
2 min read14 Oct 2020India, Japan looking at working in third countries: Jaishankar
The landmark pact, signed on September 9, provides for the two armies to access each other's bases for logistics supportJaishankar said both India and Japan have their vision for the Indo-Pacific region and the two countries have, in many ways, tried to shape the narrative over the issue
3 min read18 Sep 2020Tax reforms guided by rate cuts, simplification: Finance secretary
Finance secretary Ajay Bhushan Pandey’s emphasis on ease of doing business and of living comes a day after PM Modi highlighted the advantages India offered to global investorsAlmost 53% of Income Tax department will be involved in faceless assessment proceedings in one way or the other, he said
1 min read4 Sep 2020‘E-pharmacies set to tap 70 mn houses by FY25’
E-pharmacies have returned to favour with the government amid the covid-19 lockdown. Under this e-commerce firms delivering medicines became an essential serviceThe sector saw approximately $700 million investments flowing in during 2020
3 min read14 Aug 2020Amid virus crisis, 87% business leaders prefer re-skilling over hiring: Report
The finding was made in a report by edtech firm upGrad and industry body FICCI
1 min read28 Apr 2020Covid forces businesses to defer plans to raise funds and expand
Firms that operate in B2B sectors will be hurt as their clients' businesses suffer cash flow issuesIf the Centre doesn't announce an economic package, a large section of the industry will be permanently impaired
1 min read21 Apr 2020Quoting Bhagavad Gita, CEA K. Subramanian urges corporates to revive investment cycle
Subramanian said investment rate has declined secularly from its peak of around 40% in 2008-09The Chief Economic adviser said government has been on its toes addressing many aspects of the economy
1 min read16 Oct 2019India's GDP to grow at 6% in April-June: FICCI survey
India's economy grew at 8.2% in April-June 2018-19, FICCI Economic Outlook Survey said The growth numbers for the first quarter are expected to be released by the CSO next week
3 min read26 Aug 2019Ficci for increasing FDI cap in insurance to 74%
To increase FDI flows in insurance sector, the clause pertaining to Indian management and control needs to be relooked, Ficci saidThe body also said there is a need to improve investor confidence about the surrounding ecosystem in the country
1 min read13 Jun 2019Ficci survey puts Q4 GDP growth at 6.5%
The Central Statistics Office (CSO) will release the official data FridayThe outlook of participating economists on inflation remained moderate, the chamber said
1 min read30 May 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared