Assocham

Mobile commerce sales may touch $638-bn mark by 2018: ASSOCHAM

The availability of e-commerce applications on various mobility devices is helping drive sales.

Jul 06, 2015, 16:05 PM IST

Handicraft exports may touch Rs 17K cr this fiscal: Assocham

According to the EPCH data, India exported handicraft items worth USD 2.78 billion during the April to January 2013-2014 period, whereas the country exported handicrafts worth USD 2.30 billion during the same period in 2012-13.

Jun 28, 2015, 15:28 PM IST

Greece may cause churn in Indian stocks, debt market: Assocham

The fallout of Greece crisis has largely been factored in by markets even though an immediate jolt is not ruled out and India can be impacted with upheavals expected in stocks and debt markets, Assocham has said.

Jun 25, 2015, 17:09 PM IST

Demand for yoga instructors likely to grow by 35%: Study

"There is about a 30-40 percent annual increase in demand for yoga learning in India with a growing publicity and health awareness, this demand will accelerate... Demand for trainers are set to grow by 30-35 percent in a couple of years," the report said.

Jun 19, 2015, 15:38 PM IST

Allow IFCs to buy projects turning into NPAs: Assocham

Government should allow infrastructure finance companies to buy projects that turn into non-performing assets, industry body Assocham said on Tuesday.

Jun 16, 2015, 17:55 PM IST

Industry seeks rate cut by RBI as inflation remains negative

"This should propel the RBI to continue with its rate easing cycle to support demand and strengthen the nascent recovery in industrial production," it said in a statement.

Jun 15, 2015, 18:19 PM IST

'Robust FII inflows look difficult; focus on increasing FDI'

To overcome such a situation, the industry body has suggested "a major offensive" to attract foreign direct investment (FDI), especially in infrastructure and manufacturing sectors.

Jun 14, 2015, 11:27 AM IST

Industry cheers rise in IIP; feels good days yet to come fully

Industrial production grew at a two-month high of 4.1 per cent in April, primarily driven by the manufacturing sector, but capital goods growth slowed.

Jun 12, 2015, 21:19 PM IST

Prices of pulses may shoot up in near future: Assocham

As the government prepares to import pulses to control rising prices, industry body Assocham today said that the country may have to import 6-7 million tonnes of pulses during this fiscal at exorbitant rates which may further push up the prices in retail markets.

Jun 11, 2015, 00:46 AM IST

Exports may remain flat at $310 bn in FY16: Assocham

The country's exports stood at USD 310.5 billion against a target of USD 340 billion for 2014-15 fiscal.

Jun 07, 2015, 12:57 PM IST

Service Tax: Penalty norms encouraging voluntary compliance

In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.

Jun 03, 2015, 18:29 PM IST

This time, RBI may cut rate to spur investment: Bankers

"We have surplus liquidity in the system as there has not been much credit offtake. So, repo window does not give banks any advantage as we don't borrow from banks at this point. So, the CRR window helps us bring down cost of funds. We expect and will request 0.5 percent cut in CRR, which would release about Rs 40,000 crore into the system," Bhasin added.

Jun 01, 2015, 14:47 PM IST

'Projects worth Rs 26.5 lakh cr stuck on regulatory issues'

There were a total of 16,966 projects with investments worth over Rs 154 lakh crore from various sectors, both public and private sources, as on December 2014.

May 31, 2015, 11:46 AM IST

RBI may cut repo rate by 25 bps on June 2: Assocham

The Reserve Bank is likely to slash the benchmark interest rate by 0.25 percent to stimulate demand, with retail inflation at 4.87 percent in April, much below the apex bank's target of 6 percent by January 2016, according to Assocham.

May 27, 2015, 18:25 PM IST

Ease end-use curbs for issuance of ECBs, FCCBs: Assocham

To facilitate long-term fund raising by infrastructure companies, industry body Assocham has demanded easing of end-use restrictions for issuance of commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs).

May 19, 2015, 21:38 PM IST

7/10 for Modi govt's first year, needs to clear tax issues: Assocham

Giving the Modi government 7 out of 10 for its first year's performance, Assocham Sunday said it still needs to cover some ground on tax issues and a lot more needs to be done on improving ease of doing business.

May 17, 2015, 14:00 PM IST

'Govt needs contingency plan to tackle crude price volatility'

Oil prices rupee terms, prices have shot up by 11 percent from Rs 3,789.86 to Rs 4,203.94 per barrel.

May 10, 2015, 12:36 PM IST

Loopholes in black money bill can lead to harassment: Assocham

Stating that there are several loopholes in the proposed black money law, industry chamber Assocham has asked the government to provide for an "immunity" to those wanting to avail the one-time window of compliance.

May 06, 2015, 19:32 PM IST

FTA may give China an upper hand, says Assocham

A free trade agreement (FTA) between India and China may put India at disadvantage as China enjoys an edge in the manufacturing sector as well as tariff rates, according to Assocham.

May 04, 2015, 18:19 PM IST

Cut iron-ore prices by 25%: Assocham to centre

To help domestic steel industry become competitive, the government needs to bring down iron ore prices by 25 percent, industry body Assocham said on Wednesday.

Apr 15, 2015, 20:34 PM IST