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Press Releases 60% Of Salaried Class Opt For Govt. Banks For Insurance, Says ASSOCHAM Study 60% of salaried employees prefer state owned banking mechanism for insurance purposes as they feel that such institutions are more reliable, secure and are trustworthy while 20% prefer private banks for the same purpose and remaining 20% have shown their indifference to either of the two, according to findings of The Associated Chambers of Commerce and Industry of India (ASSOCHAM). more... India Much Behind Pak’s Gas Pipeline Network : ASSOCHAM Pakistan is nearly six times ahead of India in terms of gas pipeline network as its pipeline network stands around 56,400 KM as against 10,500 KM that of India with its current pipeline density measuring at 1044 KM/MMSCMD per day compared to 116 KM/MMSCMD (million metric standard cubic meter per day) of India, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM). more... Put Up Credit Policy That Can Absorb Global Shocks: ASSOCHAM In view of global turbulence and shaking of investor’s confidence in the Indian market, the ASSOCHAM has advocated for a forward looking monetary policy that can absorb and withstand implications of global slowdown. more... India Inc.’s Capex Plans Soar to a Huge USD 174 Billion in Q4 : ASSOCHAM Brushing aside the concerns of slowdown in the industrial growth, capital expenditure announcements by the India Inc. soared by 66 per cent during Jan-Mar 2008 to a whopping USD 174 billion as compared to USD 105 billion lined up in Oct-Dec 2007, revealed the findings of ASSOCHAM Investment Meter (AIM). more... Withdraw CTT : ASSOCHAM The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has stated that the Commodity Transaction Tax (CTT) will render commodities markets unviable and therefore should be withdrawn. more... Marine Exports Likely To Touch $3.5 Bln By 2009-10: ASSOCHAM India’s seafood exports which stagnated few years back are likely to touch over $ 3.5 billion from current level of $2.2 billion by 2009 provided a key thrust area include value-addition, expansion of aquaculture, technological upgradation and tapping unexplored resources. more... VCs Funded Taxis/Vans To Flood NCR Roads By 2010: ASSOCHAM Venture Capitalists would soon emerge as the major source for funding radio taxis and 6 to 8 seater vans that would start plying on NCR roads in next 2 years as nearly 20,000 taxis and approx. 10,000 vans would be phased out from NCR before commencement of Commonwealth Games, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM). more... |
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