The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Fintech cos. must develop novel preventive control mechanisms to mitigate cyber attacks: Study

New Delhi, September 25, 2017: In wake of the Government’s thrust on moving towards a cashless economy, companies operating in the financial services domain will have to develop novel preventive control mechanisms and significantly invest in reactive capabilities to keep cyberattackers at bay, suggested a recent ASSOCHAM-PwC joint study.

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Monday, September 25, 2017

Economy needs to grow at 7 per cent in next three quarters: Dr C. Rangarajan

New Delhi, 22 September, 2017: To get 6.5 per cent for the year as a whole, the economy needs to grow at 7 per cent in the next three quarters, probably rate of growth will be around 6.5 per cent, said Dr C. Rangarajan, Former Chairman-Economic Advisory Council to the Prime Minister of India & Former Governor, RBI at an ASSOCHAM event held in New Delhi today.

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Friday, September 22, 2017

Pay for delays in clearances; ASSOCHAM to Govt on reviving mining and mineral sector

New Delhi, September 21, 2017: As senior ministers in the Prime Minister Narendra Modi’s government are looking for solutions to revive the economic growth, the ASSOCHAM has submitted an action plan for doubling the contribution of the mining sector to the national GDP and adding to the employment. The action plan includes compensation to the investors in case clearances are delayed.

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Thursday, September 21, 2017

Floods to dent Khariff output; rain shortfall in Karnataka, Kerala adding to woes: ASSOCHAM

New Delhi, September 20, 2017: The flood fury in Assam, West Bengal, Bihar, Gujarat, Rajasthan, Uttar Pradesh alongside shortfalls in rains in southern states would significantly dent the khariff output with three major foodgrains expected to give a lower harvest of 129.5 million tonnes this year against 138.5 million tonnes in the same season of 2016-17, an ASSOCHAM study has cautioned.

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Wednesday, September 20, 2017

Effective steps to provide women entrepreneurial awareness programs: Deputy Chief Minister, Uttar Pradesh

Lucknow, September 18, 2017: There is a need for multi-dimensional approach from different sector from government, financial institutions, individual women entrepreneurs for a flexible integrated and coordinated specific approach for development and promotion of women, said Mr Keshav Prasad Maurya, Deputy Chief Minister, Uttar Pradesh at an ASSOCHAM event held in Lucknow today.

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Monday, September 18, 2017

Petrol/diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAM

New Delhi, September 16, 2017: Consumer is getting restive about a three year high in the petrol and diesel prices because he/she feels the concept of market-determined rates was tampered with by frequent tax hikes when the crude oil prices fell steeply and are ruling at exactly half the level of USD 107 per barrel in May, 2014 even after rising in the last three months .

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Saturday, September 16, 2017

Global e-waste poised to surge from 47.8 MT to 49.8 MT by 2018: study

New Delhi, September 15, 2017: The global quantity of e-waste is expected to touch 49.8 Mt (million tonnes) by 2018 from the current level of 47.8 million tonnes, with an annual growth rate of 4 to 5 per cent, according to an ASSOCHAM-Sofies-Toxics Link joint study.

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Friday, September 15, 2017

IBBI to soon register 100 more insolvency professionals: Dr Navrang Saini

Hyderabad, September 15, 2017: The Insolvency and Bankruptcy Board of India (IBBI) which has so far registered 940 insolvency professionals (IPs) is in the process of granting registration to about 100 more such professionals (IPs), its Whole Time Member, Dr Navrang Saini said at an ASSOCHAM event held in Hyderabad today.

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Friday, September 15, 2017

Telangana beats southern peers & surpasses all-India growth in attracting investments: ASSOCHAM study

Hyderabad, September 14, 2017: The fruits of a slew of measures taken by Telangana Government in terms of providing an investor-friendly business environment are showing results as the state has beaten southern peers by achieving highest growth rate of 79 per cent in terms of attracting investments from both domestic and foreign sources across different sectors between FY12-FY17, noted an analysis-cum-study conducted by apex industry body ASSOCHAM.

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Thursday, September 14, 2017

Tax on any gain to firms under insolvency code under hair cut be waived: ASSOCHAM to Govt.

New Delhi, September 13, 2017: Apex industry body ASSOCHAM has written to the government, seeking a slew of tax reliefs, including exemption from tax on any hair cut taken by the banks in the form of a waiver of interest accrued, for the debt -ridden companies which are sought to be revived under the Insolvency and Bankruptcy Code (IBC) .

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Wednesday, September 13, 2017

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