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Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai

WB govt to unveil IT infrastructure boosting policies: Min Babul Supriyo

Nov 20, 2024, at 03:55 am

Kolkata/IBNS: West Bengal Information Technology (IT) and Electronics Minister Babul Supriyo said the state government is hopeful of rolling out a slew of policies including that on GCC, semiconductor as well as drone to facilitate the development of IT infrastructure in Bengal.

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

Apr 05, 2023, at 05:04 am

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

Mar 29, 2023, at 11:57 pm

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

Feb 17, 2023, at 11:45 pm

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

Dec 02, 2022, at 09:47 pm

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

Sep 17, 2022, at 06:37 pm

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

Mar 01, 2022, at 03:33 am

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

Feb 02, 2022, at 05:32 am

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

Dec 31, 2021, at 11:26 pm

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

Sep 23, 2021, at 05:43 am

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

Sep 15, 2021, at 08:57 pm

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

Aug 25, 2021, at 07:36 am

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

Aug 06, 2021, at 09:42 pm

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

Jul 30, 2021, at 04:57 am

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

Jul 10, 2021, at 04:50 am

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

Jun 29, 2021, at 06:41 am

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.

ASSOCHAM seeks priority vaccination for tourism staff, relief measures for hospitality sector

Jun 28, 2021, at 10:13 pm

Kolkata/IBNS: Sharing concerns of the travel and tourism industry over a devastating economic impact of Covid-19 on the highly job-oriented sector, ASSOCHAM has reached out to the government seeking an urgent relief package, comprising long- tenure debt restructuring and priority in vaccination of the staff engaged in the hospitality industry.  

New policy will provide speed to vaccination against Covid-19: ASSOCHAM after PM speech

Jun 08, 2021, at 01:21 am

Kolkata/IBNS: The decision to streamline vaccine procurement with the Centre bearing 75 per cent of the cost of doses, as announced by Prime Minister Mr Narendra Modi today, would provide speed to India’s vaccination programme and leave states with more resources to fight the coronavirus, industry body ASSOCHAM has said.

New committee to reduce dependency on steel and cement for constructing highways: Nitin Gadkari

Apr 24, 2021, at 03:15 am

India's Road Transport Ministry is setting up a committee under the chairmanship of Mr K. Venkataramanan to reduce the dependency on steel and cement to reduce the cost of construction and look for alternatives, stated Union Minister for Road Transport & Highways Mr Nitin Gadkari.

ASSOCHAM newly appointed chairman Ravi Agarwal meets WB Governor Jagdeep Dhankar

Apr 06, 2021, at 02:33 am

Kolkata/IBNS: ASSOCHAM Chairman Eastern Region Ravi Agarwal President Rupa & Company Ltd met West Bengal Governor Jagdeep Dhankhar along with a delegation at Raj Bhawan.

Economic Survey rightly sees economy 'homecoming to normalcy': ASSOCHAM

Jan 29, 2021, at 11:48 pm

Kolkata/IBNS: The Economic Survey presented in Parliament has hit the nail right on its head by stating that the Indian economy's ''homecoming'' to normalcy is leading to hopes of a robust recovery in services and consumption; emphasizing forcefully that the reforms must continue to realise the full growth potential, ASSOCHAM has said.

Vineet Agarwal takes over as new ASSOCHAM supremo

Dec 21, 2020, at 10:13 pm

Kolkata/UNI: Vineet Agarwal, Managing Director of logistics major Transport Corporation of India Limited (TCIL) has taken over as the new President of The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Textiles Ministry working on structure to roll out PLI Scheme for technical textiles & manmade fibre: Smriti Irani

Dec 19, 2020, at 06:24 am

Kolkata/IBNS: The Textiles Ministry is bringing to form a structure under which the Production Linked Incentive (PLI) Scheme for technical textiles and manmade fibre (MMF) segment will be rolled out, Union Cabinet Minister Smriti Irani said at an ASSOCHAM Foundation Week Programme on Friday.

Govt committed to helping MSME sector flourish: Minister of State Pratap Chandra Sarangi

Dec 19, 2020, at 06:01 am

Kolkata/IBNS: Speaking at an ASSOCHAM conference here on Friday, Pratap Chandra Sarangi, Minister of State for Micro, Small and Medium Enterprises, said that the government fully understands the importance and contribution of MSMEs for the nation and is fully committed to support the MSME sector grow and reach its full potential.

Electronic & smartphone manufacturing sector alone will contribute $ 1 trillion to economy by 2025: Ravi Shankar Prasad

Dec 19, 2020, at 05:38 am

Kolkata/IBNS: Union Minister of Law and Justice, Electronics and Information Technology and Communications Ravi Shankar Prasad on Friday stated that there is a robust future for the manufacturing of electronics and smartphone sector in India.

Next Budget will have 'vibrancy' for sustainable economic recovery: FM Nirmala Sitharaman at ASSOCHAM

Dec 16, 2020, at 06:55 am

New Delhi/IBNS: Assuring '' vibrancy"  in her forthcoming Budget, Union Finance Minister Nirmala Sitharaman Tuesday said the Government would ensure that public spending on infrastructure development would be sustained even as the prospects of vaccine against Covid-19  have brought in additional confidence for revival of the economy.

Indian chemical and petrochemical sector holds huge potential to emerge as global manufacturing hub, says D.V. Sadananda Gowda

Dec 15, 2020, at 10:39 pm

Kolkata: Speaking at an ASSOCHAM Foundation Week conference, D.V. Sadananda Gowda, Hon’ble Minister of Chemicals and Fertilizers, on Tuesday said that India stands at present at the cusp of interesting times when we have the big opportunity to make India into a global manufacturing hub for chemicals which could be achieved with both the industry and the government working on this together.

ASSOCHAM calls for early resolution of ongoing farmers' protests

Dec 15, 2020, at 10:07 pm

Mumbai/UNI: Urging the government and farmers’ organisations to resolve the impasse over the new Agri laws, the ASSOCHAM on Tuesday said, the ongoing protests are dealing a big blow to the interconnected economies of the region, including Punjab, Haryana and Himachal Pradesh.

Good corporate leadership decides the health of economy: Anurag Thakur at ASSOCHAM summit

Sep 11, 2020, at 05:56 pm

New Delhi/IBNS: The role of independent directors is crucial in good corporate governance and they should always work to make sure that no adverse decision is taken that is detrimental to the companies, said Junior Corporate Affairs and Finance Minister Anurag Singh Thakur at a virtual summit on corporate leadership.

We want businesses to flourish, emphasis on transparent system of tax assessment: Industry body

Sep 05, 2020, at 04:23 am

Kolkata/IBNS: In a bid to foster a wider perspective on the emerging tax landscape, its impact and possible approaches to deal with it, leading industry body ASSOCHAM commenced its 17th International Tax Conference - Emerging World Tax Order here on Friday.