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Take pro-poor stand & promote GM crops to provide food security to growing population: ASSOCHAM plea to Centre                                                                                            Economy to grow by 5.8%, Govt to exit diesel subsidy soon: Finance Secretary                                                                                            Unique ID for all hallmarked jewellery sold across India on the anvil: DG, Bureau of Indian Standards                                                                                            TRAI to come out with paper on broadband by September end: Dr Rahul Khullar                                                                                            
Report on Mobile Value Added Services (MVAS)
Report on Mobile Value Added Services (MVAS)

Press Releases

Take pro-poor stand & promote GM crops to provide food security to growing population: ASSOCHAM plea to Centre
Friday, August 22, 2014

Apex industry body ASSOCHAM today urged the Central Government to continue allowing research in crop biotechnology (BT) and simultaneously identify areas to develop a more strong regulatory system for India to become global food hub. more...

Economy to grow by 5.8%, Govt to exit diesel subsidy soon: Finance Secretary
Thursday, August 21, 2014

With fast improving macro picture, the Indian economy will achieve a growth rate of 5.8 per cent in the current financial year while the fiscal situation is set to improve considerably with the government expected to completely exit subsidy on diesel soon, Finance Secretary Mr Arvind Mayaram said at an ASSOCHAM meeting in New Delhi today. more...

Unique ID for all hallmarked jewellery sold across India on the anvil: DG, Bureau of Indian Standards
Thursday, August 21, 2014

200 ton gold demand to be served by grey market this fiscal; Monsoon to affect gold demand: WGC India MD The Bureau of Indian Standards (BIS) is working to give a unique ID to each piece of hallmarked jewellery that is sold through registered jewellers and BIS recognised hallmarking centres, its director general, Mr Sunil Soni informed at an ASSOCHAM event held in New Delhi today. more...

TRAI to come out with paper on broadband by September end: Dr Rahul Khullar
Wednesday, August 20, 2014

The Telecom Regulatory Authority of India (TRAI) will come out with a paper on broadband by September end, its chairman, Dr Rahul Khullar informed at an ASSOCHAM event held in New Delhi today. more...

Ecommerce industry likely to spend addl. 500 to 1000 mln USD on Infrastructure, Logistics & Warehousing till 2017-2020: study
Tuesday, August 19, 2014

Indian e-commerce industry is expected to spend an additional 500 to 1,000 million USD on Infrastructure, Logistics and Warehousing, leading to a cumulative spend of 950 to 1900 million USD till 2017-2020, according to an ASSOCHAM-PWC joint study. more...

Gujarat, Maharashtra & Karnataka command highest share in investments attracted by India’s hotels & tourism industry: Study
Tuesday, August 19, 2014

Gujarat Govt. should hold tourism fests abroad to attract foreign tourists in large nos. Gujarat followed by Maharashtra and Karnataka are leading states attracting significant investments in India’s hotels and tourism industry together accounting for about 61 per cent share, noted an ASSOCHAM study. more...

100 entities waiting to apply for small and payment banks: ASSOCHAM Study
Monday, August 18, 2014

Recent draft guidelines on small and payment banks have enthused about 100 entities including microfinance institutions, telecom players, non-banking finance companies (NBFCs) and public sector companies to apply for such banking licence once RBI invites applications for the same, reveals the ASSOCHAM latest study. more...

India ranks third in retail marketing amid BRIC nations: ASSOCHAM
Sunday, August 17, 2014

India has third fastest share in retail marketing adding over 7 million internet users, growing at an annual rate of 15% among the BRIC nations, according to an ASSOCHAM-comScore joint study. more...

Global investors get Modi call from Red Fort; Make in India big boost to Manufacturing: ASSOCHAM
Friday, August 15, 2014

Congratulating Prime Minister Mr Narendra Modi for his maiden Independence Day speech, ASSOCHAM President Mr Rana Kapoor today said the Prime Minister has put great emphasis on deliverables on basic issues like sanitation while his call from the ramparts of Red Fort to global investors to come and make India a manufacturing hub is path-breaking. more...

PSUs attracting talent from B-schools: ASSOCHAM; B-school grads lukewarm preference for foreign companies & attracted to PSUs;
Friday, August 15, 2014

More and more pass-outs from business schools are flocking to topline public sector companies due to job security, improving prospects of firms and headwinds faced by the private sector, especially those in the highly leveraged sectors like telecom, real estate, power and other infrastructure, an ASSOCHAM paper has revealed. more...

Food inflation cause for concern; supply chain problems need to be fixed: ASSOCHAM
Thursday, August 14, 2014

Prices of primary and food articles remain a worrying area about inflation - both at WPI and CPI level. Deficient rainfall, coupled with inherent weaknesses in supply management, need to be addressed, said Mr. Rana Kapoor President ASSOCHAM. more...

Exports still face global headwinds: ASSOCHAM
Thursday, August 14, 2014

"The trade data for July shows that the double digit pace in exports growth as seen in June has slowed in July. Signals from the Eurozone economies are not positive as Germany, France and Italy are battling slowdown again and these three Eurozone economies are among the major markets for Indian exports. So is the situation in Japan. Global headwinds are still strong", ASSOCHAM General Secretary Mr D S Rawat said. more...

35% working couples in metros plan quick getaway on Independence Day weekend: Survey
Wednesday, August 13, 2014

About 5 lakh travelers likely to escape to nearby tourist hotspots this weekend About 35 per cent working couples across metros have planned for an escape for the extended weekend this Independence Day, noted a quick survey conducted by ASSOCHAM Social Development Foundation. more...

Disappointing macro picture underscores need for bold measures: ASSOCHAM
Tuesday, August 12, 2014

The macro data on subdued growth in factory output in June and the retail inflation rising in July are a clear pointer that it is early days for seeing a decisive rebound in industrial growth and reversal of inflation, ASSOCHAM president, Mr Rana Kapoor said today. more...

Inflation in services more pronounced than merchandise, says ASSOCHAM paper
Monday, August 11, 2014

More than inflation on account of merchandise goods as reflected in the Wholesale Price Index and the Consumer Price Index, the costs of services such as education including coaching, health, transport, servicing of personal vehicles, personal care services are increasing at a much higher pace pinching the average middle class family more by at least 25 per cent year-on-year, an ASSOCHAM paper has said. more...

ASSOCHAM welcomes the introduction of REIT's in real estate; ASSOCHAM
Monday, August 11, 2014

The Associated Chamber of Commerce and Industry of India (ASSOCHAM) welcomed the introduction of Real Estate Investment Trust (REIT's) which eliminates the double taxation of built assets with an established rental yield. “REITs have the potential to attract $15bn to $20bn to finance established assets, which will free up capital for new developments”, said ASSOCHAM. more...

Implementation delay has pushed manufacturing projects’ cost by Rs 4.5 lakh crore: ASSOCHAM
Sunday, August 10, 2014

44.5% manufacturing investment projects remained non-starter as of FY 2013-14 Poor execution of investment projects in the manufacturing sector across India has resulted in serious cost-push worth over Rs 4.5 lakh crore as of financial year 2013-14 i.e. about 44 per cent of their actual costs of over Rs 10 lakh crore, noted a just-concluded study by apex industry body ASSOCHAM. more...

Govt. considering changes in MMDR Act to revive mining: Vishnu Deo Sai, MoS
Friday, August 08, 2014

To revive the mining sector, especially iron ore, to cater the huge infrastructure development programme, the budget has set before the government; it would present amendments to the MMDR Act in the Parliament, said Minister of State for Mines, Steel, Labour and Employment Mr. Vishnu Deo Sai today at an ASSOCHAM event held in New Delhi. more...

Delhi-NCR likely to generate 95,000 MT e-wastes by 2017: ASSOCHAM
Thursday, August 07, 2014

US acquires lion’s share in dumping e-waste in India: Study Delhi-NCR is emerging as the world’s dumping yard for e-waste and likely to generate to an extent of 95,000 metric tonnes (MT) per annum by 2017 from the current level 55,000 metric tonnes per annum growing at a compound annual growth rate (CAGR) of about 25%, revealed a just-concluded ASSOCHAM study. more...