GST implementation caused ‘temporary slowdown’: ASSOCHAM-EY study
Nov 13, 2017, at 09:34 pm
New Delhi, Nov 13 (IBNS): After its launch in July 2017, there has been a temporary slowdown post implementation of Goods and Services Tax (GST) even though Government of India has ideated and implemented a number of initiatives to improve business conduciveness, noted a recent ASSOCHAM-EY joint study.
India's factory output slows in September to 3.80 pct
Nov 10, 2017, at 11:39 pm
New Delhi, Nov 10 (IBNS): Indian's factory output has slowed down in September to stand at 3.80 per cent, as per the government data released on Friday.
Agri Horti Produces of Assam draws attention in World Food India at New Delhi
Nov 03, 2017, at 11:37 pm
Guwahati, Nov 3 : A team officers consisting Prabin Hazarika, Director of Horticulture and Food Processing, Assam; Mowsam Hazarika, Assistant Director of Agriculture; Khagendra Sarmah, Sub Divisional Agricultural Officer ( Horticulture) and Bakul Saikia, Senior Agricultural Development Officer and Nodal Officer of FPC from Directorate of Horticulture and Food Processing, Assam attended the 3- day long World Food India, 2017 held in New Delhi from Friday.
India jumps 30 notches to 100 rank in ease of doing business
Nov 01, 2017, at 02:04 am
New Delhi, Oct (IBNS): India has recently jumped 30 notches to 100 rank in the World Bank's ease of doing business, media reports said.
India’s grooming and cosmetic market to touch $35 billion by 2035: study
Oct 30, 2017, at 09:33 pm
New Delhi, Oct 30 (IBNS): The market size of India’s beauty cosmetics and grooming is expected to touch $35 billion by 2035 from the current level of $6.5 billion says the joint study undertaken by ASSOCHAM– MRSSIndia.com.
SHAREit strikes in India with new marketing strategy
Oct 06, 2017, at 04:29 am
Mumbai, Oct 5 (IBNS): : SHAREit, an social content sharing platform, is all set to deepdive into the central states of India.
Cabinet informed about MoU between India and Switzerland on Technical Cooperation in Rail Sector
Oct 04, 2017, at 06:31 pm
New Delhi, Oct 4 (IBNS): The Union Cabinet, on Wednesday, was informed about the Memorandum of Understanding (MoU) between Union Ministry of Railways and the Federal Department of the Environment, Transport, Energy and Communications of Swiss Confederation on Technical Cooperation in Rail Sector.
Economy needs to grow at 7 per cent in the next three quarters: Dr C. Rangarajan
Sep 22, 2017, at 09:15 pm
New Delhi, Sept 22 (IBNS): 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.
Singapore to set up Skill Center in Northeast: Dr Jitendra Singh
Sep 20, 2017, at 12:12 am
New Delhi, Sept 19 (IBNS): The Government of Singapore will set up a Skill Center at Guwahati which will cater to the entire North-Eastern region.
Sep 13, 2017, at 01:16 am
New Delhi, Sept 12 (IBNS): Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of a Memorandum of Understanding (MoU) between Central Silk Board (CSB), India and National Institute of Agrobiological Sciences (NIAS), Japan for collaborative research in the field of silkworm and silk industries.
India may see low plant load factor at about 62% until 2018-19: Study
Aug 29, 2017, at 11:18 pm
New Delhi, Aug 29 (IBNS): India’s energy sector is facing low capacity utilisation in power generation as plant load factor (PLF) is estimated to remain low at around 62 per cent until 2018-19, noted a recent ASSOCHAM-Crisil joint study.
Australian business delegation to visit India
Aug 25, 2017, at 10:07 pm
New Delhi, Aug 25 (IBNS): Australia’s Minister for Trade, Tourism and Investment, Steven Ciobo, will lead a major mission to India this month focused on deepening collaboration between the two nations in the fields of agribusiness and food, higher education and research, smart cities and infrastructure, innovation and resources and mining technology and services.
TTK Prestige launches leading British kitchen appliances brand in India
Aug 21, 2017, at 10:01 pm
Bangalore, Aug 21 (IBNS): TTK Prestige, a kitchen appliances brand, on Monday announced the launch of leading UK brand “JUDGE†Kitchen Appliances into India.
Indian handset market crosses 350 million shipments in 2017: ASSOCHAM-KPMG study
Aug 09, 2017, at 01:06 am
New Delhi, Aug 8 (IBNS): Indian handset market recorded over 350 million shipments in the year 2017 as compared to 280 million in 2016, a surge in revenue from INR 111,000 crores in 2015 to INR 135,000 crore in 2016, according to an ASSOCHAM-KPMG joint study.
19 per cent of Indian population is still unbanked: ASSOCHAM-EY
Jul 26, 2017, at 01:41 am
New Delhi, July 25 (IBNS): Despite rationale and a strong institutional credit network, India’s financial services ecosystem lags in terms of physical infrastructure and has failed to reach the poor, more than 19% of the population who are unbanked or financially excluded, noted a recent ASSOCHAM-EY joint study.
New food policies could take the bite out of India’s malnutrition, says study
Jul 22, 2017, at 02:16 am
New York, July 21 (IBNS): India has spent the last 50 years combating hunger by boosting its production of staple crops like wheat, rice and maize. The strategy has worked – up to a point.
Jul 09, 2017, at 08:52 pm
Cambridge, Massachusetts, July 9 (IBNS): The economic pole of global growth has moved over the past few years from China to neighboring India, where it is likely to stay over the coming decade, according to new growth projections presented by researchers at the Center for International Development at Harvard University (CID).
Jul 04, 2017, at 01:25 am
New Delhi, July 3 (IBNS): The Asian Development Bank (ADB) and the Government of India today signed a $220 million loan for improving connectivity as well as transport efficiency and safety on State Highways of Rajasthan.
Investments worth $291 bn needed to plug water demand-supply gap in India: Study
Jul 01, 2017, at 03:16 am
New Delhi, June 30 (IBNS): The widening gap between demand for water and its supply is estimated to reach as high as about 50 per cent by 2030 and plugging this huge gap would need an additional investment of about $291 billion (bn), noted a just-concluded ASSOCHAM-PwC joint study.
US commitment on improving IT market access big positive for India, says ASSOCHAM
Jun 28, 2017, at 11:25 pm
New Delhi, June 28 (IBNS): ASSOCHAMon Wednesday welcomed the India-US joint statement following the meeting of Prime Minister Narendra Modi with President Donald Trump, stating the mutual commitment to increasing market access in Information Technology and other sectors is a big positive for the USD 150 billion Indian software and services industry.
India's retail inflation in May falls to 2.18 pct
Jun 13, 2017, at 12:14 am
New Delhi, June 12 (IBNS): India's retail inflation rate for May dropped to 2.18 per cent, promising to give relied to people, government data revealed on Monday.
Cabinet approves bilateral MoU between India and Iran
Jun 07, 2017, at 10:21 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Securities and Exchange Organization (SEO), Iran in relation to mutual cooperation on matters pertaining to securities markets.
Cabinet approves agreement between India and Cyprus on Merchant Shipping
Jun 07, 2017, at 10:05 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its ex-post facto approval to the Agreement between India and Cyprus on Merchant Shipping, which was signed in April 2017.
Cabinet approves MoU between India and Korea for export credit of USD 9 billion
Jun 07, 2017, at 09:57 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the proposed Memorandum of Understanding (MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of Korea (KEXIM) for export credit of USD 9 billion for infrastructural development in India and for the supply of goods and services as part of projects in third countries.
Denmark based Advantage Media enters Indian market, partners with White Rivers Media
Jun 06, 2017, at 09:45 pm
Mumbai,June 6 (IBNS): Denmark based Advantage Media ventures into the Indian Market, through a collaboration with White Rivers Media, to bring their proprietary Remarketing Tool to the country.
Output of eight core industries' up 2.5 percent in April
Jun 01, 2017, at 01:34 am
New Delhi, may 31 (IBNS): The output of eight major industries in India grew by 2.5 percent, compared to the index of April, 2016, the official government data released on Wednesday said.
Bank of Maharashtra signs MoU with Livestock and Crop Registry of India
May 31, 2017, at 02:31 am
Pune, May 30 (IBNS): Bank of Maharashtra and Livestock vand Crop Registry of India signed an agreement for livestock registration on May 26.
India's export marks 20% rise in April
May 16, 2017, at 01:17 am
New Delhi, May 15 (IBNS): Indian exports during April 2017have shown growth of 19.77 per cent in dollar terms valued at US$ 24635.09 million as compared to US$ 20568.85 million during April,2016, as per the government data released on Monday.
19th session of India-Italy Joint Commission for Economic Cooperation
May 13, 2017, at 02:15 am
New Delhi, May 12 (IBNS): 19th Session of India-Italy Joint Commission for Economic Cooperation was held during 11th – 12th May, 2017 in Rome.
India and UK to cooperate in urban transport sector
May 13, 2017, at 01:46 am
New Delhi, May 12 (IBNS): India & UK on Friday agreed to sign a memorandum of understanding (MOU) on bilateral cooperation in urban transport policy planning, technology transfer and institutional organization of transport.