The Associated Chambers of Commerce & Industry of India

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Press Releases

NRI deposits nosedive, due to oil price tremors in Gulf

New Delhi, October 14, 2017: With fading away of the glorious years for the oil-rich countries in the Gulf following the crude prices battling to inch up, the Non-Resident Indians (NRIs) net deposits inflows have seen a huge drop of 98 per cent in the first five months of current financial year over the same period of 2016-17, according to an ASSOCHAM analysis.

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Sunday, October 15, 2017

Digital India to provide 20-30% increase in India’s GDP by 2025: K.J. Alphons

New Delhi, October 12, 2017: Digital India program has the potential to provide an incremental 20-30% increase in India’s GDP by 2025, since its launch in July 2015, significant progress has been made in several initiatives under Digital India, Minister of State, Ministry of Electronics and IT, Mr K.J. Alphons said at an ASSOCHAM event held in New Delhi today.

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Thursday, October 12, 2017

Odisha tops with highest DMF collection of over Rs 3.4K crore till September-end: Prafulla Kumar Mallik

Bhubaneswar, October 12, 2017: With total funds collection worth Rs 3,433.66 crore up to end of September, Odisha has topped among all states in the country in terms of collecting and utilising funds under the District Mineral Foundation (DMF) mandated under the amended Mines and Minerals Development & Regulation (MMDR) Act, Steel and Mines Minister, Prafulla Kumar Mallik said at an ASSOCHAM event held in Bhubaneswar today.

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Thursday, October 12, 2017

Odisha ranks 3rd top-most in attracting live investments across India: ASSOCHAM

The proactive approach of Odisha government towards consequential implementation of investment intentions seems to have been producing results as rate of under-implementation of live projects has drastically declined from peak level of about 62 per cent in FY13 to about 47 per cent in FY17, according to a just-concluded study conducted by apex industry body ASSOCHAM.

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Thursday, October 12, 2017

Online sales may surpass Rs 30,000 cr. in festive month: ASSOCHAM

New Delhi, October 11, 2017: Consumers are increasingly opting for online shopping preferably mobile phones, electronic gadgets, consumer durables, apparel, home appliances and gift articles on the occasion of Diwali, the sale may touch Rs 30,000 crore as against Rs. 22,000 cr spent last year, a quick survey by ASSOCHAM National Council on E-commerce.

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Wednesday, October 11, 2017

Govt. to promote setting up mini food processing units: Sadhvi Niranjan Jyoti

New Delhi, October 10, 2017: The Government of India is focussing on creating mini food processing units across India, Union Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti said at an ASSOCHAM event held in New Delhi today.

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Tuesday, October 10, 2017

Sale of Chinese goods may drop 45% this Diwali; India to Celebrate a Make in India Diwali: ASSOCHAM

New Delhi, October 9, 2017: Be it decorative items like lights, gift items, lamps and wall hangings or other product, the sale of Chinese products may decline by 40-45% this Diwali as compared to last year which was about 30% as per the market report from various states, a quick survey by ASSOCHAM-Social Development Foundation (ASDF).

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Monday, October 09, 2017

Mutual Funds trust sovereign the most for deploying debt funds

New Delhi, October 7, 2017: When it comes deploying their resources for long term debt products, the mutual funds bet the most on the government securities or the sovereign, an ASSOCHAM analysis has shown.

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Sunday, October 08, 2017

Consumer protection bill in next session of parliament: C.R. Chaudhary

New Delhi, October 5, 2017: C.R. Chaudhary, minister of state for consumer affairs said that the strict consumer rights protection bill will be in the next session of parliament for protection of consumer’s rights at an ASSOCHAM event held in New Delhi today.

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Thursday, October 05, 2017

Survey hints at significant uptick in parental satisfaction with Delhi govt. schools

New Delhi, October 4, 2017: There seems to be significant improvement in parents’ level of satisfaction with Delhi government schools if findings of a recent ASSOCHAM survey are anything to go by.

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Wednesday, October 04, 2017

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