Press Releases
Let PNB fraud not halt business lending: ASSOCHAM
Sunday, 25 February, 2018New Delhi, 24th February 2018: ASSOCHAM today cautioned against allowing the alleged fraud in the Punjab National Bank (PNB) to halt the entire system of corporate lending as demoralisation would set in among the top functionaries and employees of the state-owned banks, something the country can ill-afford at a time when the credit growth was about to recover and economy was set to grow at a higher pace. 
Comprehensive strategy must for transparent procurement for critical homeland security projects: Study
Wednesday, 21 February, 2018New Delhi, February 21, 2018: Considering that multitude of homeland security solutions currently available in the market create lot of confusion for authorities during procurement, a recent ASSOCHAM-EY joint study suggested the government to come up with a formal national security strategy.
Cut Govt stake in banks below 50%: ASSOCHAM
Sunday, 18 February, 2018New Delhi, 17th February 2018: The Punjab National Bank's fraudulent transactions worth Rs 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50 per cent in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.
Show DetailsCulture ministry in talks with FinMin to incentivise tourism industry: Dr Mahesh Sharma
Thursday, 15 February, 2018New Delhi, February 15, 2018: The Ministry of Culture is in talks with Ministry of Finance (FinMin) to incentivise India’s tourism industry, union minister, Dr Mahesh Sharma said at an ASSOCHAM event held in New Delhi today.
Show DetailsComprehensive action plan needed to drive EV uptake: ASSOCHAM-Nomura Research paper
Wednesday, 14 February, 2018New Delhi, February 14, 2018: Conducive policy environment for market creation, technology development and setting up of a vibrant manufacturing ecosystem for electric vehicles can drive electric mobility in India, noted a recent ASSOCHAM-Nomura Research Institute (NRI) joint study.
Show DetailsYouth prefers mobile dating apps over matrimonial sites/ads: Survey
Tuesday, 13 February, 2018New Delhi, February 13, 2018: Matrimonial websites are passé as singles across metros in India are hooking up via location based, free mobile dating applications and social media networks, according to a random survey conducted by ASSOCHAM Social Media Foundation (ASDF) ahead of Valentine’s Day.
Show DetailsBalancing farmers’, consumers’ interest to be ‘tight rope walk’ for Govt: ASSOCHAM prez
Monday, 12 February, 2018New Delhi, February 12, 2018: Having raised farmers’ expectations by promising them Minimum Support Price (MSP) which would be 1.5 times the cost of production, government will find it a ‘tight rope walk’ situation in managing the conflicting interests between farm producers and consumers, with inflation maintaining an upward trend for last six months in a row and possibly moving towards six per cent mark, that can make general households restive, said ASSOCHAM president, Mr Sandeep Jajodia at an ASSOCHAM Managing Committee meeting held in New Delhi today.
Show DetailsEV sales to witness high double digit growth annually till 2020: ASSOCHAM-EY Study
Sunday, 11 February, 2018New Delhi, 10th February 2018: Electric vehicle (EV) market has the potential to grow significantly in the coming years as sales are expected to witness high double digit growth rates annually in India till 2020, noted a recent ASSOCHAM-EY joint study.
Show DetailsDelhi-NCR generates 5900 tonnes of medical waste per annum: ASSOCHAM
Thursday, 08 February, 2018New Delhi, February 8, 2018: With a increase in the number of healthcare facilities, Delhi, Gurgaon, Faridabad, Noida and Ghaziabad collectively generate over 5900 tonnes medical waste annually, most of which remain untreated and dumped with municipal waste and thus cause serious health and environment hazard, reveals the ASSOCHAM.
Show DetailsI-T Dept. has issued notices to 1 lakh crypto currency investors: CBDT chairman
Tuesday, 06 February, 2018New Delhi, February 6, 2018: The Income Tax Department has issued about one lakh notices to people who have invested in crypto currencies like Bitcoin and have not declared it in their income tax return, CBDT (Central Board of Direct Taxes) chairman, Mr Sushil Chandra said at an ASSOCHAM event held in New Delhi today.
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