The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Indian accounting & finance professionals be given access to overseas mkt.: ASSOCHAM plea

New Delhi, July 20, 2017: Apex industry body ASSOCHAM has suggested the Centre to conduct country-specific or geographic market-wise studies to ascertain job prospects for qualified Indian professionals in accountancy, finance, information technology (IT) and related services abroad.

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Thursday, July 20, 2017

Relax bank guarantee norms for ship construction orders by Navy: ASSOCHAM

New Delhi, July 19, 2017: The ASSOCHAM has approached the Defence Ministry, seeking relaxation for stringent bank guarantee norms required for the private sector shipyards which want to bid for construction of ships for the Indian Navy.

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Wednesday, July 19, 2017

Centre’s approach in solving drinking water & sanitation issues is ‘transparent & open’: Unicef India official

New Delhi, July 19, 2017: There is a very strong transparency, openness with many stakeholders in terms of the union government’s approach towards solving issues concerning lack of drinking water and sanitation in India, a top Unicef India official said at an ASSOCHAM event held in new Delhi today.

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Wednesday, July 19, 2017

Bamboo policy on the anvil: Nitin Gadkari

New Delhi, July 18, 2017: The Government is soon likely to bring a policy to promote bamboo sector which could be used to harness bio-fuel, Union Road Transport, Highways and Shipping Minister, Mr Nitin Gadkari said at an ASSOCHAM event held in New Delhi today.

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Tuesday, July 18, 2017

Inflation outlook to stay muted for more months: ASSOCHAM

New Delhi, July 17, 2017: With the country set to reap a record foodgrains production and the industry not enjoying any pricing power, the inflation outlook remains quite muted at least till festival season of Durga Puja and Diwali, an ASSOCHAM analysis has suggested.

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Monday, July 17, 2017

Rs. 8 Lakh crore NPAs likely to undergo bankruptcy proceedings by March 2019: ASSOCHAM

New Delhi, 15 July, 2017: Emboldened by the Banking Regulation (Amendment) Ordinance, RBI is expected to put bad loans worth about Rs 8 lakh crore for resolution by March 2019, a move that could bring down the non-performing assets (NPAs) to acceptable level and significantly improve the financial health of banks as well, a study done by ASSOCHAM said.

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Sunday, July 16, 2017

Building market institutions can help M&As move faster: IBBI chief

New Delhi, July 15, 2017: Building the institutions of market can help the mergers and acquisitions (M&As) process to move faster, chairperson of the Insolvency and Bankruptcy Board of India (IBBI), Mr M.S. Sahoo said at an ASSOCHAM event held in New Delhi today.

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Saturday, July 15, 2017

Railways Ministry to improve infrastructure; logistic becoming a new engine of growth: Suresh Prabhu

New Delhi, July 13, 2017: Railway ministry is focussing more on improving the infrastructure of Indian Railways to create a proper logistics and seamless movement of traffic said Railways Minister Mr. Suresh Prabhu at an ASSOCHAM event held in New Delhi today.

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Thursday, July 13, 2017

Govt. to adopt & implement automobile standards in developed countries to reduce pollution levels: Nitin Gadkari

New Delhi, July 13, 2017: With a view to significantly bring down pollution levels, the government has decided to adopt and implement in totality the automobile standards in developed countries, union minister for shipping, road transport and highways, Mr Nitin Gadkari said at an ASSOCHAM event held in New Delhi today.

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Thursday, July 13, 2017

ASSOCHAM seeks review of GST rates for specific agriculture inputs

New Delhi, July 12, 2017: Apex industry body ASSOCHAM has urged the union government to review GST (Goods and Services Tax) rates for select agriculture inputs viz., bio fertilizers, bio pesticides/bio control agents (BCA), organic manures/vermicompost/farmyard manure (FYM) and others.

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Wednesday, July 12, 2017

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