May 23, 2024 22:06 (IST)
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Thane fire update: 7 killed, 40 Injured in explosion fire at chemical factory | 'Surrender or face my anger': HD Deve Gowda's stern warning to grandson Prajwal Revanna | Over 300 Indians, who were scammed into working as 'cyber slaves' in Cambodia, returns | Massive explosion at a factory in Thane, 20 evacuated | Mamata govt promoting Muslim League's agenda: BJP president JP Nadda after Calcutta HC's 'OBC quota' verdict

RBI should stop hiking the key lending rate further: Assocham Prez Ajay Singh

Mumbai: The Reserve Bank of India (RBI) should stop hiking the key lending rate in view of the current uncertainties in the global business environment, Assocham President and SpiceJet CEO Ajay Singh said on Tuesday.

Ajay Singh takes over as ASSOCHAM President; Sanjay Nayar as Senior Vice-President

Kolkata: Ajay Singh, Chairman & Managing Director of SpiceJet, India’s leading airline, has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Sanjay Nayar takes over as ASSOCHAM Vice President

Kolkata: Sanjay Nayar has taken over as the Vice President of the apex industry chamber ASSOCHAM.

ASSOCHAM urges RBI to begin halt in rate hikes

New Delhi: Ahead of the bi-monthly meeting of the RBI’s Monetary Policy Committee (MPC), the ASSOCHAM has urged the MPC to moderate interest rate hikes.

MSMEs are the growth engine of India, contribute 30 pc of India's GDP: Union MSME Minister Narayan Rane

Mumbai:  The MSME sector has a catalyzing role in the growth of India with a contribution of nearly 1/3rd of the country's GDP and has remarkable potential to grow further, Union Minister for MSME Narayan Rane said at an ASSOCHAM event in Mumbai on Friday.

23 states have slashed VAT on jet fuel, working to lower tax: Jyotiraditya Scindia at ASSOCHAM meeting

Kolkata/IBNS: Civil Aviation Minister Jyotiraditya Scindia on Monday assured the industry that he would not rest until the burden of higher jet fuel becomes lower even as most of the states have already reduced the Value-Added Rates significantly in pursuance from the Centre.

Capex quality, digital push, transition to new energy positives of a growth-push Budget: ASSOCHAM

Kolkata: Along with several positive and innovative measures, the most defining feature  of the Finance Minister Mrs Nirmala Sitharaman's Budget for 2022-23 is a phenomenal increase in the government's capital expenditure which would effectively go up to Rs 10.68 lakh crore for the fiscal beginning April 1, ASSOCHAM has said.

'Fintech and NBFCs partnership can bring credit Revolution in the country': PayPoint India MD Ketan Doshi

Kolkata/IBNS: Fintech companies can bring efficient onboarding of customers and offer seamless collection support at a negligible cost at the last mile touchpoints, stated Ketan Doshi, Managing Director of PayPoint India, at the recently held 8th ASSOCHAM National E-Summit on the NBFC sector.

Ministry of Road Transport and Highways to raise one lakh crore by monetising highways under TOT model: Nitin Gadkari

Kolkata/IBNS:  The Ministry of Road Transport and Highways (MoRTH) will raise one lakh crore by monetising highways under the TOT model through NHI, Union Minister Nitin Gadkari said at an ASSOCHAM event.

Vahan raises USD 8 Million led by Khosla Ventures in Series A

Bengaluru/UNI: Vahan, a jobs & livelihood platform for blue-collar workers, has raised USD 8 million in its series A round of funding led by Silicon Valley investor Khosla Ventures.

Two-third of India's renewable energy capacity by 2030 would be from solar: Union minister

Kolkata/IBNS: The 450 GW of renewable energy target that the central government has aimed to achieve by the year 2030, almost 2/3rd of the same would come from solar energy, according to Union Minister Bhagwant Khuba.

ASSOCHAM lauds RBI for prioritising growth with accommodative policy stance

Kolkata/IBNS: ASSOCHAM today said full credit must be given to the Reserve Bank of India and its Monetary Policy Committee for ''prioritising'' growth and retaining the ''accommodative stance'' on policy rates to lessen the impact of Covid-19 on the economy, despite inflationary pressures which have rightly been described as ''transitory'' by Governor Shaktikanta Das.

Policy reforms in last one and half years driven by hope: Govt's Chief Economic Advisor

Kolkata/IBNS: Government choices are clearly driven by hope at a time when the economy is coming back to normal, according to Government of India’s Chief Economic Advisor Dr. Krishnamurthy Subramanian. 

Economy treads cautiously optimistic on pent-up demand: ASSOCHAM

Kolkata/IBNS: After a tough first quarter, the Indian economy is finding demand back on the back of a strong level of activities in construction -related business, consumer durables like air-conditioners, refrigerators and other electrical gadgets and rural segments of the fast moving consumer goods, ASSOCHAM said in a statement.

Rs 6.29 lakh crore package to provide 'lifeline dose' to sectors hit hard by Covid 19: ASSOCHAM

New Delhi/IBNS: ASSOCHAM on Monday welcomed several key measures announced by Union Finance Minister  Nirmala Sitharaman , aimed at providing relief to the sectors hit hard by the Covid 19 pandemic.