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Maharashtra tops in fiscal management amid high-income states: Study                                                                                            App downloads in India likely to cross 9 billion by 2015: ASSOCHAM                                                                                            Gujarat acquires lionís share in new investments attracted by power sector: Study                                                                                            Hiring improves in telecom, marketing & advertising in first half of 2014; prospects look brighter, ASSOCHAM survey                                                                                            
Report on Mobile Value Added Services (MVAS)
Report on Mobile Value Added Services (MVAS)

Press Releases

Maharashtra tops in fiscal management amid high-income states: Study
Wednesday, July 30, 2014

Gujarat, Maharashtra and Haryana have recorded highest trend growth rate in terms of per capita income (PCI) during 2004-2013 amid high income states, revealed a just-concluded ASSOCHAM study. more...

App downloads in India likely to cross 9 billion by 2015: ASSOCHAM
Tuesday, July 29, 2014

The number of app downloads in India is expected to grow from 1.56 billion per annum in 2012 to 9 billion by 2015, a compound annual growth rate (CAGR) of about 75%, between the age of 16-30, according to an ASSOCHAM-Deloitte joint study. more...

Gujarat acquires lionís share in new investments attracted by power sector: Study
Monday, July 28, 2014

Gujarat has least share in power projects that remained non-starter Gujarat is ranked on top acquiring highest share of over 17 per cent in the new investments attracted by the power sector during the course of financial year (FY) 2004-05 and FY 2012-13, apex industry body ASSOCHAM said today. more...

Hiring improves in telecom, marketing & advertising in first half of 2014; prospects look brighter, ASSOCHAM survey
Sunday, July 27, 2014

With a marked improvement in sentiment in the financial markets and overall turnaround in the business mood, corporate hiring in the first six months of 2014 has changed for better in key sectors like telecom, marketing and advertising while the information technology (IT) remained robust at the entrance level even though it is witnessing churning at the high-end jobs due to emergence of new technologies, an ASSOCHAM survey has shown. more...

Investment target of DFC revised to 80,000 crore: Chairman, Railway Board
Friday, July 25, 2014

The initial investment needed for the Dedicated Freight Corridor (DFC) was estimated around Rs. 27,000 crore but it has touched close to Rs 80,000 crore in the span of 6 years for the various genuine reasons, said Mr. Arunendra Kumar, Chairman, Railway Board at an ASSOCHAM event held in New Delhi. more...

Hold your ground in WTO talks: ASSOCHAM to Govt
Friday, July 25, 2014

India must hold its ground at the WTO negotiations without succumbing to the pressure of the developed countries which must be told in clear terms that the issue of farmers' security and welfare of the poor is not negotiable. more...

ASSOCHAM hopes Parliament to give nod to Insurance Bill in current session
Thursday, July 24, 2014

Welcoming approval of the Bill to raise FDI in insurance to 49 per cent by the Cabinet, ASSOCHAM today expressed the hope that Parliament will pass the crucial reforms oriented legislation in the current session itself. more...

Needs a strong law for benefit of mankind: Secretary, Law and Justice
Thursday, July 24, 2014

India needs a strong law to ensure the benefits of technology used for the benefit of mankind, said Mr P.K. Malhotra, Secretary, Department of Legal Affairs, Ministry of Law and Justice at an ASSOCHAM event held in New Delhi today. more...

RBI working on enabling mechanism for exit by entrepreneurs in absence of bankruptcy laws, says Executive Director, RBI
Wednesday, July 23, 2014

The Reserve Bank of India (RBI) has started work on enabling banks to provide an honourable exit to unsuccessful entrepreneurs from "unattractive" businesses in the absence of a good bankruptcy legal system, RBI Executive Director Mr. B Mahapatra said at an ASSOCHAM event. more...

Focus on innovation to boost country's economic growth: DIPP, Secretary
Wednesday, July 23, 2014

Indian companies will have to more focus on innovation, comprehensive strategy to boost the country's economic growth, said Mr Amitabh Kant, Secretary, Department of Industrial Policy & Promotion (DIPP) at an ASSOCHAM event held in New Delhi today. more...

ASSOCHAM urges govt. to review any increase in royalty rate on iron ore
Tuesday, July 22, 2014

The apex industry body ASSOCHAM has suggested the Finance Minister to review its budget proposal to increase the royalty rate on Iron Ore from 10 to 15% with a view to maintain cost competitiveness and sustainable growth of the domestic industry. more...

Immediately release spectrum available with Defence to garner additional revenues: ASSOCHAM plea to Government
Monday, July 21, 2014

ASSOCHAM has suggested the Defence Ministry to release spectrum for commercial use minimum quantity of 112 MHz out of 500 MHz (900 MHz band type), 135 Mhz from 1650 MHz (1800 MHz band type) and 415 Mhz from 1320 MHz (2100 MHz band type) with a view to achieve Indiaís mobile broadband objectives. more...

70% travel trade gone online; airlines marching towards 100%: ASSOCHAM
Sunday, July 20, 2014

Over 70 per cent of travel trade in India has gone online and the figure will likely reach 85-90 per cent in the next five years with maximum of internet usage being seen in airlines ticketing, luxury and mid-segment hotel bookings and the Railways with the booking agents mushrooming even in smaller cities, an ASSOCHAM study has said. more...

Need to relook at policies impacting growth of domestic manufacturing industry: CBEC chairperson
Thursday, July 17, 2014

CBDT upgrading technology to minimise litigation and enhance tax collection: Chairman There is a need to relook at policies as they impact growth of domestic industry over a short-term or long-term period and whenever a policy is made whether it is for exports or otherwise, these things need to be kept in view, chairperson of the Central Board of Excise and Customs (CBEC) said at an ASSOCHAM event held in New Delhi today. more...

ASSOCHAM Reaction on trade data: Keep eye on gold imports; electronics need support
Wednesday, July 16, 2014

A detailed analysis of the trade data released today shows that while engineering, petroleum goods and others have bounced back, the agri exports and shipments of electronics goods are causing concern requiring immediate support from the government, apex industry body ASSOCHAM said today. more...

BRICS Bank will need to raise big time resources in excess of USD 1 trillion: ASSOCHAM President, Mr Rana Kapoor
Wednesday, July 16, 2014

The decision to set up a USD 100 billion development bank by the BRICS countries is a strong signal to the rest of the world about the growing economic clout of Brazil, Russia, India, China and South Africa. While BRICS development bank will not undermine the IMF and the World Bank, those wielding political control of the Bretton Woods institutions must realise that we are living in a different world today than the world of the 1940s. more...