The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Have new NPA norms for Wholesale Long Term Finance Bank: ASSOCHAM to RBI

ASSOCHAM has approached the RBI with a plea that the provisioning criteria for the non-performing assets (NPAs) in the case of proposed Wholesale Long-Term Finance (WLTF) banks should be based on stress tests of each of the funded projects, unlike the present standard provisioning norms due to a different nature of the long term, big ticket industrial or infrastructure projects to be covered by WLTF lenders.

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Friday, May 19, 2017

ASSOCHAM moots plan for comprehensive industrial policy for SMEs

Apex industry body ASSOCHAM has mooted a proposal to the newly elected government of Punjab for announcement of comprehensive industrial policy to bring back the glory of ‘Sher-E-Punjab’ hub for small medium enterprise (SMEs) and value addition to agriproducts.

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Thursday, May 18, 2017

Indian Consul General in Sao Paulo inaugurates India Pavilion at Hospitalar 2017

Consulate General of India in Brazil, Ms Abhilasha Joshi today inaugurated the India Pavilion launched by ASSOCHAM and TPCI at Hospitalar 2017, a 4 day event starting from today May 16 till May 19 at the Expo Center Norte in one of world's largest financial centre, Sao Paulo.

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Wednesday, May 17, 2017

Domestic market can make up job losses for overseas biz for IT: ASSOCHAM

India’s USD 155 billion IT and Business process management (BPM) industry which is facing heat from the unfolding disruptions in the key markets of the US and Europe and is forced to rationalise its workforce, can create more jobs on net basis if it seriously gets involved in fast expanding domestic market , riding on government’s financial inclusion programmes like Jan Dhan Yojana and Aadhar based service delivery models, said ASSOCHAM.

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Wednesday, May 17, 2017

ASSOCHAM writes to Mines Ministry on transfer of captive mines within group cos.

ASSOCHAM writes to Mines Ministry on transfer of captive mines within group cos

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Monday, May 15, 2017

Waning appetite for credit in power, telecom, mining; steel witnesses uptick: ASSOCHAM

With appetite disappearing for both lenders and borrowers in highly debt-ridden sectors like power, telecom and mining, the deployment of bank credit to these industries have witnessed a plunge and the trend may continue unless the basic issue of red mark in the balance sheets of banks by way of Non-Performing Asset (NPAs) and the corporate firms in the form of back breaking leverage, is addressed, an ASSOCHAM Paper has said.

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Sunday, May 14, 2017

Many working mothers of only children do not wish to have another baby: Survey

Many working mothers of only children do not wish to have another baby: Survey

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Friday, May 12, 2017

More women opting for work from home for work-life balance: survey

More women opting for work from home for work-life balance: survey

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Thursday, May 11, 2017

Remove ‘novel hardware,’ requirement in prevailing CRI guideline

Remove ‘novel hardware,’ requirement in prevailing CRI guidelines: ASSOCHAM plea Lack of IP protection in CRI to hit investments & jobs in ICT sector

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Wednesday, May 10, 2017

3 states together account for half of total investments attracted by real estate & construction sector: Study

3 states together account for half of total investments attracted by real estate & construction sector: Study Maharashtra tops with almost one-fourth share in total investments

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Tuesday, May 09, 2017

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