Page 8 - Ficci

Export duty hike: Ficci seeks 3 months to clear 'pending steel orders'

Three-month exemption will provide some relief to the players whose orders are in the pipeline, an industry executive said.

A merger wave in media

A mix of history, the pandemic and its cascading effects are among the reasons for this action

South cinema comes into its own in India, shatter box-office records

In the last six months, movies such as Pushpa, RRR and KGF2 have shattered box-office records; the trend is expected to stay as more big-ticket regional films await release

India's FY23 GDP growth estimated at 7.4%, RBI rate hike by year end: Ficci

RBI is likely to start a rate hike cycle in the second half of 2022, while a repo rate hike of 50-75 bps is expected by the end of the current fiscal.

Relationships India built at Dubai Expo will become business partnerships

The event was an opportunity to reach out to major economies, explore trade opportunities and help widen India's trade basket.

Advertising sector to touch Rs 1 trn revenue by 2024, says EY-FICCI report

The Indian advertising sector is expected to grow with a CAGR of 12 per cent and should reach Rs 1 lakh crore revenue by 2024, said a joint report by industry body Ficci and consultancy firm EY. The Indian Media and Entertainment sector revenue grew 16.4 per cent to Rs 1.61 lakh crore (USD 21.5 billion) in 2021, said the report titled Tuning into consumer - Indian M&E rebounds with a customer-centric approach'. "We expect the M&E sector to grow 17 per cent in 2022 to reach Rs 1.89 lakh crore (USD 25.2 billion) and recover its 2019 pre-pandemic levels, then grow at a CAGR of 11 per cent to reach Rs 2.32 lakh crore (USD 30.9 billion) by 2024," it said. Though television remained the largest segment, digital media cemented its position as a strong number two segment followed by a resurgent print, it added. "Digital media grew the most at Rs 6,800 crore and consequently, increased its contribution to the M&E sector from 16 per cent in 2019 to 19 per cent in 2021," it ...

Foreign capital in realty jumped 3-fold to $23.9 bn during 2017-21: Report

Total investments in Indian real estate stood at USD 49.4 billion during the 2012-2021 period, of which 64 per cent came from foreign investors

'SMEs and startups will benefit from India-UAE CEPA', says FICCI

The CEPA signed between India and UAE on Friday will lead to opening doors to new opportunities for trade and investments between two countries and benefit SMEs and startups, FICCI said on Saturday.

India's Q3 manufacturing outlook improves, cost of doing biz concern: FICCI

The outlook for India's manufacturing sector seems to have improved in the October-December 2021 quarter even as the cost of doing business remains a cause for concern, according to a FICCI survey.

Ficci suggests support measures for housing sector in Budget

Housing and construction sectors have forward and backward linkages and impact nearly 200 sectors, it said

FICCI President Sanjiv Mehta on the path to economic recovery

In an interview with Business Standard, FICCI President and HUL CMD Sanjiv Mehta says better capacity utilisation and capital spending is needed to achieve the desired macro-economic growth

TMS Ep72: Ed-tech, FICCI's Sanjiv Mehta, markets in 2021, loans

Govt advisory on ed-tech firms - a moment of reckoning? What is Sanjiv Mehta's take on economic recovery? What shaped the markets this year? What are the different types of loans? All answers here

Tepid private consumption holding back investments: Ficci president Mehta

India needs 'virtuous cycle' of demand prompting capital spending that will lead to job creation, he says in an interview.

India needs sustained 8% growth, low cost of capital: FICCI president

India needs to focus on ease of doing business, consistent tax policy and lower cost of capital to achieve a sustained growth rate of over eight per cent in the long term

India-UK FTA negotiations likely to start next month, says Goyal

He was speaking at the 94th Annual Convention of industry body Ficci

HUL chairman Sanjiv Mehta to take over as FICCI president

Mehta will be succeeding Uday Shankar

Helicopter sector set to take off as govt smoothens flight approvals

A beta version of the application called 'HeliSewa' was unveiled at Ficci helicopter summit earlier this month; system will be rolled out over the next few weeks

India's GDP is expected to grow at 9.1% in 2021-22, says Ficci

The survey was conducted in September 2021 and drew responses from leading economists representing the industry, banking and financial services sector

Q2 manufacturing outlook seen improving, cost of biz a worry: Ficci Survey

Percentage of respondents reporting higher production in the second quarter of 2021-22 (July-September) was much above the 50% mark, at about 61%

Q2 manufacturing outlook improves; cost of doing biz rises: Ficci survey

As per FICCI's latest quarterly survey, industry has attributed hike in production costs to high fixed costs, higher overheads for ensuring safety protocols, and reduction in volumes due to lockdown