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Budget to boost investment, rural demand in country, says Assocham
Fri, Jul 05, 2019
Union Finance Minister Nirmala Sitharaman`s maiden budget is a mega investment-oriented initiative with a strong focus on scaling up rural infrastructure and demand along with a slew of tax simplification measures.
Budget 2019: Assocham suggests one-time rollover by banks to address liquidity crunch
Sat, Jun 29, 2019
Union Budget 2019 India: Ahead of the Union Budget, industry body Assocham Friday suggested a one-time rollover by banks to businesses reeling under severe liquidity stress to help them tide over the difficulties. A rollover can be described as an extension or transfer of a debt or other financial arrangements.
Budget 2019 Expectations: India a $5 trillion economy? Steps FM Nirmala Sitharaman may take to achieve that
Thu, Jun 27, 2019
Budget 2019 is almost on us, presentation is on July 5, and the country is waiting anxiously for major announcements from which they would derive benefits. The ball is in FM Nitmala Sitharaman court now.
Digital payments boom: Study projects four-year growth to USD 135 billion in India
Mon, Jun 17, 2019
India's digital payments transaction value is projected to more than double to USD 135.2 billion in 2023 from USD 64.8 billion this year, according to an ASSOCHAM-PWC India study.
Budget Expectations 2019: Assocham proposes to raise taxpayers' exemption limit to Rs 5 lakh
Sun, Jun 09, 2019
Industry body Assocham on Saturday said it has proposed to raise the basic exemption limit for individual income taxpayers in its pre-Budget memorandum to the government.
Assocham demands cut in effective corp tax to 25 pc, inflation indexing of allowances
Mon, Jun 03, 2019
"Government should consider decreasing the excise duty rates on ATF, in order to help aviation industry in India... Lower excise duty rates would be required to offset the impact of rising international fuel prices," it said. Assocham also demanded cut in customs duty rates on aluminium to 5 per cent from 7.5 per cent, woven backing fabric to 10 per cent from 25 per cent and on CRGO Steel and steel mill rolls to 'nil' from 5 per cent and 7.5 per cent respectively.
India has an opportunity to grow amid US-China trade war: BK Goenka, Welspun Group
Thu, Jan 31, 2019
BK Goenka, Chairman Welspun Group & President ASSOCHAM, during an interview with Swati Khandelwal, Zee Business, said India can grow by 8-9 per cent if a stable government comes to power after the election is over. Edited Excerpts:
Exclusive conversation with BK Goenka, Chairman Welspun Group & President Assocham
Fri, Jan 25, 2019
#Davos2019 | भारत तेजी से बढ़ती हुई अर्थव्यवस्था है और इस समय देश को स्टेबल इंडस्ट्रियल पॉलिसी की जरूरत है: बीके गोयनका, प्रेसिडेंट, ASSOCHAM
Exclusive conversation with Assocham President B K Goenka
Thu, Jan 17, 2019
Assocham President B K Goenka spoke exclusively to Zee Business on the concluded meeting with RBI governor. Listen in to what he had to say.
PM Narendra Modi's reassurance will allay industries' concerns: Assocham
Mon, Jul 30, 2018
Prime Minister Narendra Modi's reassurance to the industry will not only allay industries' concerns but also help in the country's inclusive and sustained growth, according to industry body Assocham.
How Bankruptcy, Real Estate Acts are hurting homebuyers, bankers' interests
Mon, Apr 23, 2018
Assocham cited the latest case related to an Amrapali project where the Supreme Court held that financial creditors cannot take over homes belonging to the home buyers, upholding, thus, the rights of home buyers ahead of the creditors.
RBI must ensure safety of data trail that cryptocurrency can leave: Assocham
Sun, Apr 08, 2018
The central bank has repeatedly through public notices warned users, holders and traders in dealing of digital currencies including, due to the various risk associated in dealing with them.
Need BPO-specific emergency response team: Assocham
Sat, Mar 31, 2018
"While the government and the BPO industry are taking a variety of initiatives in the cyber security domain... Assocham has suggested the government to establish a BPO sector specific computer emergency response team to minimise cyber attacks in the BPO landscape," an Assocham statement said in New Delhi
PNB fraud: Overreaction to scam may hugely hurt credit flow, says Assocham
Sun, Mar 11, 2018
PNB fraud: Supporting the calls from industry for privatising public sector banks (PSBs) in the wake of the PNB scam by accused diamantaire Nirav Modi and his uncle Mehul Choksi, Assocham said that some immediate steps should be taken for capacity building in PSBs.
PNB fraud: ED expands probe; Assocham asks banks not to over-react
Sun, Feb 25, 2018
Noting the reports about banks clamping down certain impractical rules and procedures for trade finance, affecting both importers and exporters in the wake of the alleged Rs 11,400 crore fraud on Punjab National Bank, Assocham said the letters of credit (LOC) or letters of undertaking (LOU) allegedly misused by the diamond traders are legitimate instruments in global trade.
Microsoft India to nurture unicorn firms, start-up community in 2018: Anant Maheshwari, Microsoft
Fri, Dec 15, 2017
Microsoft globally, including in India, has been uniquely positioned and has done a lot of work over the last 40 years to build a massive partner eco-system that is serving SMBs.
Indian healthcare may grow threefold to $372 billion by 2022: Assocham
Sun, Dec 03, 2017
The Indian healthcare market is likely to reach $372 billion by 2022 in a threefold growth in value terms, industry chamber Assocham said on Sunday, citing its latest study on the subject.
India's food processing sector may attract $33 billion by 2024
Tue, Nov 21, 2017
The country's food and retail market is expected to touch $482 billion by 2020, up from $258 billion in 2015, with recent reforms making the sector more competitive and market- oriented, it said.
Lack of Diwali bonus due to GST adds to Diwali spending woes
Wed, Oct 18, 2017
Not only spending sentiments have come down this Diwali but also demand for various products which rooted for such festive season.
Insolvency Code to boost entrepreneurship, ease of doing business
Sat, Jul 29, 2017
Addressing captains of industry at a day-long national conference on IBC organised by the Associated Chambers of Commerce and Industry of India (Assocham), the minister said the code would facilitate insolvency of corporates in a timely manner to maximise value of their assets.