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Finance Minister Nirmala Sitharaman to hold key pre-budget meeting with industry leaders on June 20

Finance Minister Nirmala Sitharaman to hold key pre-budget meeting with industry leaders on June 20

Mon, Jun 17, 2024

This meeting is part of the government's annual pre-budget consultations aimed at garnering feedback and suggestions from key stakeholders to shape the upcoming Union Budget.

India Inc set to touch new heights, fastest pace of growth in Modi 3.0: Assocham

India Inc set to touch new heights, fastest pace of growth in Modi 3.0: Assocham

Mon, Jun 10, 2024

Assocham Secretary General, Deepak Sood, said the Indian industry and global investors are feeling reassured of fast and bolder reforms well beyond the economy, touching upon wider governance, quality and ease of living and leveraging upon the aspirational young population.

Assocham inks pact with ICMAI to curb money laundering activities

Assocham inks pact with ICMAI to curb money laundering activities

Thu, May 25, 2023

Industry body Assocham has inked an agreement with cost accountants' apex body ICMAI with an aim to prevent money laundering and transnational financial crimes. Both entities have entered into a memorandum of understanding (MoU) in this regard.

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Assocham pegs mobile-wallet business at Rs 30,000 crore in six years

Assocham pegs mobile-wallet business at Rs 30,000 crore in six years

Wed, Nov 23, 2016

Industry body Assschom believes that the demonetisation drive is likely to push a lot of people towards digital wallets for the good. It said that the mobile wallet market is likely to reach Rs 30,000 crore by 2022.

Demonetisation: Are retailers forced to switch to non-cash mode

Demonetisation: Are retailers forced to switch to non-cash mode

Sun, Nov 20, 2016

The wallet-to-wallet transactions would also see a big growth, the report said.

Hike GST rate by 1 to 2%, do not levy cess, says Assocham to FM Jaitley

Hike GST rate by 1 to 2%, do not levy cess, says Assocham to FM Jaitley

Wed, Nov 02, 2016

Industry chamber Assocham has made a pitch to Finance Minister Arun Jaitley not to levy cess, but hike GST rate by 1 to 2% to garner additional resources to compensate states for any revenue loss on rollout of the new regime from April next year.

Buyers give gold a miss this Dhanteras for this

Buyers give gold a miss this Dhanteras for this

Fri, Oct 28, 2016

Assocham said, “High gold prices and innovations on the part of jewellery firms, especially the large houses, is driving the change in the fashion trend. Even within gold jewellery, the trend is seen on lower cost wearables, though more needs to be done to tempt consumers. Small items like earring, rings and light bangles see heavy demand.”

Shopkeepers gear up against E-commerce this Diwali

Shopkeepers gear up against E-commerce this Diwali

Thu, Oct 20, 2016

Facing heavy competition from e-commerce, mall-owners in major cities are aggressively offering freebies and easy finance options with an hope to win back the footfalls and increase their business.

New development bank to emerge as South-South financial institution

New development bank to emerge as South-South financial institution

Thu, Oct 13, 2016

Besides green projects, Zhu said that NDB will finance other infrastructure projects as well.

Cauvery water dispute: India's Silicon Valley faces damage of Rs 25000 crore

Cauvery water dispute: India's Silicon Valley faces damage of Rs 25000 crore

Wed, Sep 14, 2016

“Violence in the state capital and other parts of Karnataka has severely dented the image of Bengaluru as Silicon Valley of India, home to almost all the Fortune 500 companies,” said ASSOCHAM while making a fervent appeal for peace in both Karnataka and Tamil Nadu.

Farm related firms' earnings to rise on good monsoon: Assocham

Farm related firms' earnings to rise on good monsoon: Assocham

Sun, Sep 04, 2016

A host of other firms engaged in fertilisers, seeds, farm equipment, food processing and consumer consumption would immensely benefit from a sizeable improvement in the demand for farm inputs as also higher farmers' income

Officers should give 'best advice' to tax payers: CBDT

Officers should give 'best advice' to tax payers: CBDT

Tue, Aug 23, 2016

To clean up tax administration, CBDT Chairperson Rani Singh Nair today promised that the tax department will try to create a regime where people could fearlessly walk up to officers to seek best possible advice.

Veggies prices may shoot up as peak production season ends

Veggies prices may shoot up as peak production season ends

Sun, Aug 14, 2016

Vegetable prices rose up to 100% in the April-July period due to low arrivals of the harvest in mandis , Assocham said.

Assocham pitch for standard GST rate up to 20%

Assocham pitch for standard GST rate up to 20%

Mon, Aug 08, 2016

India's business chamber Assocham has recently said that the standard rate for the Goods and Services Tax (GST) rate in the country should be upto 20%.

No tangible reason for govt to change Fiscal Year: Assocham

No tangible reason for govt to change Fiscal Year: Assocham

Sat, Jul 09, 2016

“The move to change the fiscal year is akin to a situation where the government in its own wisdom decides to change the Indian driving system from right hand driving to the left hand without realising that it would require changing the entire road and street infrastructure along with changes in the design of the automobiles," said Assocham.

FM Jaitley likely to hold meeting on black money on June 28

FM Jaitley likely to hold meeting on black money on June 28

Mon, Jun 27, 2016

According to sources, FM Arun Jaitley will conduct a meeting at 4 pm on Tuesday.

"Clean up!" Rajan's clear message to banks

"Clean up!" Rajan's clear message to banks

Wed, Jun 22, 2016

Rajan last year undertook a massive overhaul of banks' stressed ‎assets, asking each bank to provision for all assets which could potentially sour by March 2016.

India Inc hails FDI norms; Sitharaman says defence FDI will not compromise India's security

India Inc hails FDI norms; Sitharaman says defence FDI will not compromise India's security

Mon, Jun 20, 2016

Welcoming the government's move, India Inc hailed Modi for his decision.

Government will not allow repeat of Kingfisher Airlines: Ashok Gajapathi Raju

Government will not allow repeat of Kingfisher Airlines: Ashok Gajapathi Raju

Sun, Jun 12, 2016

The government was open to "light handholding" should any airline face financial crunch, he said answering questions during an interview to PTI in New Delhi.

IIP data shows revival a major challenge: India Inc

IIP data shows revival a major challenge: India Inc

Fri, Jun 10, 2016

Disappointed over the latest IIP data, India Inc on Friday said industrial revival is going to be a major challenge going ahead but expressed hope that the growth will pick up on account of the recent measures taken by the government. Assocham

Extend incentives for gems, jewellery sector to boost export: Assocham

Extend incentives for gems, jewellery sector to boost export: Assocham

Wed, Jun 08, 2016

The chamber has also appealed to the government for granting industry status to the gems and jewellery sector to give a fillip to investments.

India Inc looks at banks but will they oblige with rate cuts?

India Inc looks at banks but will they oblige with rate cuts?

Tue, Jun 07, 2016

RBI retained its inflation projections that it provided in its April policy meeting as it waits for clarity on the monsoon season.

Industry lauds 7.6% GDP growth; expects more in current fiscal

Industry lauds 7.6% GDP growth; expects more in current fiscal

Tue, May 31, 2016

CII said that the high growth in the fourth quarter of 2015-16 supports its prognosis that the economy would "achieve close to 8%" growth in 2016-17.

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