Press Releases

ASSOCHAM for greater use of contactless debit/cards, further push to digital economy to deal with Covid19 crisis; writes to FinMin, RBI

Sunday, 05 April, 2020

New Delhi, 4th April 2020: Increasing the limit on debit or credit card payments without swiping on the PoS machines, expanding money transfers anywhere in the world and inter-operability of digital transactions are among a slew of recommendations made by ASSOCHAM to the Finance Ministry and the RBI for giving a further push to India’s digital landscape which is playing a savior in the human and economic turmoil caused by Coronavirus.

Show Details

Financial markets need further support to minimize Covid-19 impact: ASSOCHAM

Thursday, 02 April, 2020

New Delhi, 02nd April 2020: The RBIs announcement on key rate cuts and measures to infuse liquidity could just be seen as a quick short term fix, and the government would need to do much more in the immediate future amid coronavirus lockdown, states Deepak Sood, secretary general, ASSOCHAM.

Show Details

Allow extension for Co accounts up to 6 months amidst disruptions by Covid-19; ASSOCHAM to MCA

Monday, 30 March, 2020

New Delhi, 30th March 2020: As the Financial Year 2019-2020 comes to close amidst nationwide lockdown due to Covid-19 health crisis, the ASSOCHAM has sought from the Ministry of Corporate Affairs (MCA) one-time extension of annual company accounts, up to September 30 or at least by three months up to June 30, 2020.

Show Details

RBIs 'war efforts' to fight Covid19 blow will bring financial stability, restore biz confidence: ASSOCHAM

Friday, 27 March, 2020

New Delhi, 27th March 2020: With a sizeable cut in the policy interest rates by 75 basis points and Cash Reserve Ratio by 100 basis, the RBI would be injecting huge liquidity into the banking and financial system along with the much- needed three-month moratorium on all loan repayments, thus joining the national ''war efforts'' to courageously face the unprecedented worldwide crisis caused by the Covid-19 virus, said Dr Niranjan Hiranandani, President, ASSOCHAM.

Show Details

PM Greeb Kalyan Yojana puts money where mouth is: ASSOCHAM

Thursday, 26 March, 2020

New Delhi, 26th March 2020: The ASSOCHAM today said, the government has put the ‘money where the mouth is’ by unveiling the Rs 1.70 lakh crore PM Greeb Kalyan Yojana, expressing confidence that similar packages would be announced for the trade and industry which too have been hit severely by the three-week nation-wide lockdown, following outbreak of Coronavirus.

Show Details

Hailing deadline extension for compliances, ASSOCHAM awaits bigger package

Tuesday, 24 March, 2020

New Delhi, 24thMarch 2020: Lauding the extension of regulatory deadline to June 30 from March 31,2020 for most of the compliances relating to taxation and statutory corporate filings, the ASSOCHAM today said, assurance for halting the IBC procedure for six months is a major takeaway from the relief measures announced by Finance Minister Mrs Nirmala Sitharaman in the aftermath of Coronavirus crisis.

Show Details

ASSOCHAM vows to support PM call for national lockdown; whatever cost it takes

Tuesday, 24 March, 2020

New Delhi, 24th March 2020: ASSOCHAM with a membership of over 4.5 lakh, today vowed to completely support the clarion call given by ShriNarendraModi for a three-week national lockdown, assuring the Hon'ble Prime Minister that the Indian industry would be an important part of the national resolve to decisively break the transmission cycle of Coronavirus.

Show Details

PM meeting industry leaders on Coronavirus crisis: ASSOCHAM seeks debt rollover; IBC suspension for 6-12 months

Monday, 23 March, 2020

New Delhi, 23rd March 2020: The ASSOCHAM today extended collaborative support of its over 4.5 lakh members to ''heroic" resolve and efforts of the Prime Minister Shri Narendra Modi-led government to deal with Covid-19 virus crisis, suggesting immediate relief measures including one-time rollover of all debt for businesses and individuals. Besides, the IBC framework be kept in suspension for 6-12 months in view of the worsening economic situation.

Show Details

Banks should declare 1 year moratorium on all loans; LIC must chip in for NBFCs: ASSOCHAM to FM -headed Task Force

Saturday, 21 March, 2020

New Delhi, 21st March 2020 :Giving a comprehensive note to the Covid-19 Economic Response Task Force, headed by Finance Minister Mrs Nirmala Sitharaman, the ASSOCHAM has sought a blanket year-long moratorium by banks on debt repayment both for corporates and individuals as also urgent infusion of liquidity by the Life Insurance Corporation of India into the NBFCs in a quasi-equity format.

Show Details

Permit App-based Cabs to work as delivery support for home orders to mitigate Coronavirus impact: ASSOCHAM

Thursday, 19 March, 2020

New Delhi, 19thMarch 2020: In order to mitigate risks to the trade and a large workforce, the ASSOCHAM has suggested that the app-based cabs be permitted to act as delivery logistics for online and telephonic orders from the e-commerce players as also the traditional retail stores for household essentials in metro cities where social distancing is being encouraged to stay indoors, in the aftermath of Covid-19 health emergency.

Show Details
« Previous Page: 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50    Next »