Credit growth in exports, shipping, farm mark uptick in sentiment: ASSOCHAM
New Delhi, Mar 28 (IBNS): Export credit grew by a handsome 32 per cent in the current financial year , helped by a smart recovery in the global demand, also leading to an upturn in shipping, an ASSOCHAM Paper has said.
New Delhi, mar 28 (IBNS): Apex industry body ASSOCHAM on Tuesday urged the BJP-led Uttar Pradesh (UP) government to formulate a suitable strategy for unlocking the significant growth potential of dairy sector in the state through productivity enhancement, strengthening and expanding village level infrastructure for milk procurement and providing producers with greater access to markets.
Using digital technology to accelerate business growth: ASSOCHAM-Deloitte study
New Delhi, Mar 24 (IBNS): In India, adoption of advanced business digital technologies can lead to increase in revenues by up to 27%, increase in employment by up to 84% and enhanced access to international markets by up to 65% for small and medium business (SMBs), according to ASSOCHAM-Deloitte joint study.
Incentives to promote API Manufacturing; Need for IoT Platforms in Quality Control: study
New Delhi, Mar 24 (IBNS): Urgent need to foster “Make in India for India†in Active Pharmaceutical Ingredient (API )manufacturing to capitalize on the lost market share, reduce our dependency on China and establish self-sustainability, reveals the ASSOCHAM-Sathguru joint study.
Large imports of items like electronics run counter to Make in India, finds ASSOCHAM analysis
New Delhi, Mar 6 (IBNS): For success of its flagship programme to boost manufacturing within the country, the government’s Make in India should first target high import intensive items like electronic goods, machinery, steel and transport equipment which together add close to USD nine billion or over 27 per cent of the country’s monthly import bill, according to an ASSOCHAM analysis.
All-India bank strike may impact transactions over Rs one lakh crore: ASSOCHAM
New Delhi, Feb 28 (IBNS): Apex industry body ASSOCHAM has urged the state-owned bank unions to drop the day-long strike as it may impact banking transactions worth up to Rs 1.3 lakh crore including forex and paper clearing.
SEBI member hails consensus on UPA and NDA economic policies
Kolkata, Feb 21 (IBNS) There is a need to celebrate the broad consensus emerging as far as economic policies of previous UPA government and the current government are concerned, a top SEBI official said at an ASSOCHAM event held in Kolkata Tuesday.
New leadership team takes the helm at ASSOCHAM
New Delhi, Feb 14 (IBNS): A new team is at the helm of The Associated Chambers of Commerce and Industry of India (ASSOCHAM) as Sandeep Jajodia, chairman & managing director (CMD), Monnet Ispat & Energy Ltd.
UBI may be launch as a pilot says Finance Minister
New Delhi, Feb 10 (IBNS): Extoling virtues of the Universal Basic Income, Finance Minister Arun Jaitley on Friday said at ASSOCHAM event at least one state is willing to take a plunge and launch a pilot on the scheme, proposed by the Economic Survey.
ASSOCHAM seeks fine prints of electoral bond scheme
New Delhi, Feb 7 (IBNS): ASSOCHAM on Tuesday said the fine prints of the electoral bond scheme for donations to the political parties by businesses and wealthy individuals should aim at maximising clean-up of the system and transparency in political funding.
ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts, post- note ban
ew Delhi, Feb 5 (IBNS): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the interest rates even as the industry would seek at least 50 -75 basis point reduction in the benchmark lending rates, post demonetization.
All efforts on for smooth handling of data for transition to GST: Member, CBEC
New Delhi, Feb 4 (IBNS): With the goods and services tax (GST) on the anvil, all state governments are working very closely with central government and all efforts are on to put the elaborate information technology (IT) infrastructure in place for smooth handling of massive amount of data, a top CBEC (Central Board of Excise and Customs) official said at an ASSOCHAM event held in New Delhi on Friday.
Business like budget; high on reforms, rural demand & infra: ASSOCHAM
New Delhi, Feb 1 (IBNS): Apex industry body ASSOCHAM today congratulated Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley for giving a truly workman and business-like Budget, with a great focus on rural economy, small and medium enterprises, small income tax payers and importantly bringing reforms in political funding.
ASSOCHAM submits suggestions to political parties for inclusion in election manifesto
New Delhi, Jan 30 (IBNS): The Associated Chambers of Commerce and Industry of India (ASSOCHAM) today submitted its suggestions to various political parties in Goa for inclusion in their respective election manifesto.
FM faced with excessive hopes on ‘Solve-All’ Budget: ASSOCHAM
Mumbai, Jan 30 (IBNS): Meeting excessive expectations riding on the forthcoming Union Budget, being seen as a ‘Solve-All’ big mover in the aftermath of demonetization, could be a challenging task for the Finance Minister Arun Jaitley who has to reckon in the fall out of the Goods and Services Tax, stress in the small industry and trade as also the rural landscape, an ASSOCHAM pre-Budget assessment pointed out.