Ficci

Indian entrepreneurs need to think global to meet customer needs: Goenka

Anant Goenka optimistic on demand revival, outlines budget priorities including defense, electronics hubs, and export incentives

India in a 'sweet spot', GDP growthto be over 7% in FY26: Ficci President

India is "in a sweet spot" to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on the back of strong macro fundamentals and ongoing reforms, new FICCI President Anant Goenka said on Tuesday. Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time. To make sure that happens, the chamber has outlined priorities such as increasing R&D spending from 0.7 per cent to over one per cent of GDP; strengthening industry-academia partnerships, supporting the government's efforts to further promote ease of doing business, trade and supply chain security, and enhancing manufacturing excellence which includes focus on quality, women in the workforce, and adopting sustainable practices. "I think GDP should be 7 plus kind of level (during 2025-26). After all the changes that have happened with respect to the income ...

Simpler tax rules, quicker dispute resolution among key Budget demands

CII, Ficci, Assocham and PHDCCI have made common recommendations for Budget 2026-27, seeking predictable tax rules, rationalised TDS slabs, and faster resolution of pending appeals

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Industry body calls for clearing ₹18 trillion in pending tax appeals, TDS rationalisation and tax neutrality for fast-track demergers ahead of Union Budget 2026

9 in 10 Indians ready to pay more for certified quality healthcare: Report

Around 83 per cent of patients in India seek objective, accessible information to guide their healthcare choices, and nearly 90 per cent are willing to pay more for certified quality, as per a report by FICCI and EY-Parthenon. While India's healthcare efficiency outperforms global peers, structural and financial pressures reinforce the need for a national framework that sets clear minimum quality standards, enabling patients to make informed healthcare choices, the report, titled 'True Accountable Care: Maximizing Healthcare Delivery Impact, Efficiently', stated. The report, based on research across 250 hospitals in 40 cities with 75,000 beds, surveys of over 1,000 patients and 100-plus clinicians, consultation with CXOs and investors, stated that bed per capita capacity has doubled since 2000 in India. The country still has one of the lowest hospital bed densities globally and a dual payor-provider fragmentation challenge with just 25-30 beds per hospital compared to over 100 ...

Netflix India partners with IICT, Ficci to support AVGC-XR segment in India

Netflix India partners with IICT and FICCI to support AVGC-XR students through scholarships, curriculum development, and industry collaboration, boosting India's creative technology ecosystem

'Heartening to see this': Ficci president hails India's 7.8% Q1 GDP growth

Harsha Vardhan Agarwal highlighted that income tax relief and repo-rate reduction by the Reserve Bank of India were among several other factors for the GDP growth

Sebi plans longer-tenor derivative products: Chairman Tuhin Kanta Pandey

Sebi chairman Tuhin Kanta Pandey said the regulator will consult stakeholders on extending the tenor of derivatives and hinted at a pilot project for regulated pre-IPO trading

Indian retail sector to reach $1.93 trn by 2030: Deloitte-FICCI report

According to the report, the quick commerce segment is projected to reach $35 billion in Gross Merchandise Value (GMV) by 2030

India awards 862,000 TPA green hydrogen capacity, eyes 10% of global demand

India awards 862,000 TPA green hydrogen capacity to 19 companies, aiming to capture 10% of global green hydrogen demand by 2030, says Union Minister Shripad Naik at FICCI Green Hydrogen Summit

End to misconceptions about processed foods' health impact: Chirag Paswan

Union Food Processing Minister Chirag Paswan on Wednesday stressed on the need to correct false narrative that processed food are bad for health. The Food Processing Industries Ministry has set up a committee in this regards, he added. Addressing a press conference to announce World Food India event, Paswan said that the level of food processing is still low in the country and there is a huge scope for growth in this sector. He said this sector can boost farmers income and also provide huge job opportunities to youth. Paswan spoke about "misleading advertisements" that brand processed food as "bad". False narratives are being set that processed food losses nutrients value, he added. Paswan said there is a growing demand for ready-to-eat and ready-to-cook foods because of nuclear families and working couples. Food regulator FSSAI ensures the safety of food products, he added. Paswan announced his ministry will hold flagship conference 'World Food India 2025' in the national cap

Sebi streamlines minimum information rules for RPTs from September

From September 1, companies must provide detailed certificates, valuations and disclosures to audit committees and shareholders for related party transactions

Sebi chief seeks feedback from industry on easing regulatory norms

Sebi Chairman Tuhin Kanta Pandey held discussions with over 50 MDs and CEOs to gather feedback on easing business norms and enhancing capital market efficiency

Income Tax Bill: Lok Sabha panel weighs expanding 'accountant' definition

The Institute of Chartered Accountants of India (ICAI), which briefed the panel at its first meeting on March 6, has opposed any changes to the definition

60-plus LVM-3 rockets to be built with private sector's help: INSPACe chief

INSPACe has the mandate for promotion of the private space industry and also to authorise activities of non-government entities in the sector

Ficci, Assocham demand input tax credit for real estate under CGST

Industry bodies FICCI and Assocham have demanded that real estate developers should be allowed to claim Input Tax Credit (ITC) under the Central Goods and Services Act (CGST) on commercial assets constructed for leasing purposes. The associations have written letters to the finance ministry and have urged the latter to permit availing of the ITC where the immovable property is constructed for the provision of leasing services. They have argued that the potential revenue impact would not be high by allowing ITC and instead, this would help maintain the credit chain, besides spurring growth in the real estate sector and the overall economy. The representations come in the backdrop of a recent Budget proposal relating to a retrospective amendment to the CGST law, which experts feel will override the Supreme Court ruling related to the ITC claim on leased assets. Market consultants are of the view that this move is likely to adversely impact real estate companies seeking input tax cred

CM Mamata meets representatives of FICCI, CII, biz tycoons ahead of BGBS

West Bengal Chief Minister Mamata Banerjee attended a meeting with representatives from FICCI, CII, and industry leaders on Wednesday, ahead of the 8th edition of the two-day Bengal Global Business Summit (BGBS), which begins this afternoon. The two-day summit, set to take place from February 5 in Kolkata, is a key event for promoting investment in the state. Banerjee shared on Facebook, "Our much-awaited Bengal Global Business Summit is having its preludes in the Special Meeting of the National Executive Committees of the Apex Chambers of Commerce and Industry, CII and FICCI. I joined them briefly to encourage investments in West Bengal from our national industry magnates. Bengal the destination!!." The chief minister on Tuesday night in a social media post had also mentioned that over 5,000 delegates, including representatives from 40 countries, have already started arriving in Kolkata. Additionally, 20 ambassadors and high commissioners are attending to represent their respectiv

HomeExchange to launch in India with the lowest membership cost globally

Will integrate 5,000 Indian homes to network with lowest membership cost worldwide

Income Tax dept not an adversarial entity, but participative: CBDT chief

CBDT chairman Ravi Agrawal said the tax administration is committed to 'fostering stability and simplifying business operations' in India

People from 11 nations to discuss biz strategy at Maritime India Conference

Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal will address the event, organiser FICCI said in a statement