Press Releases

Aside crude, sharp rise in non-oil imports too contributing to trade imbalance: ASSOCHAM

Sunday, 26 August, 2018

New Delhi, August 25, 2018: It is not only crude oil which is exerting pressure on India's import bill and consequently on the current account deficit and the rupee, but a host of other non-oil items like coal, electronics, chemicals and leather and leather products, fruits and vegetables are witnessing rising imports and becoming a drag on the country's overall balance of trade situation , an ASSOCHAM analysis has noted.

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ASSOCHAM appoints former bureaucrat Uday Kumar Varma as Secretary General

Thursday, 23 August, 2018

New Delhi, 23rd August, 2018: The Associated Chambers of Commerce and Industry of India (ASSOCHAM) today appointed Shri Uday Kumar Varma as Secretary General.

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ASSOCHAM opens representative office in North America

Monday, 20 August, 2018

New Delhi, August 20, 2018: Apex industry body ASSOCHAM has opened a representative office in North America with a view to strengthen India Inc’s presence in the United States of America (USA).

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Kerala floods may have caused damage of Rs 20,000 crore: ASSOCHAM

Sunday, 19 August, 2018

New Delhi, August 18, 2018: With floods playing havoc in Kerala, the state, known as ‘God’s Own Country’ would have suffered massive economic losses, the estimates of which could well be Rs 15,000-20,000 crore with a staggered impact of a few months, mostly on tourism, cash crops, trade including international trade from Kochi and other ports, besides shaking the lives of millions of people, an ASSOCHAM quick assessment has indicated.

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Healthcare BPO Market to touch 188.9 billion USD by 2018: ASSOCHAM-EY

Tuesday, 14 August, 2018

New Delhi, August 14, 2018: The global health care BPO market is expected to grow at a compound annual growth rate (CAGR) of about 10.7% from US$113.2 billion in 2013 to US$188.9 billion by 2018, noted a recent ASSOCHAM-EY joint study.

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Tail winds turn into head winds for airlines; ASSOCHAM seeks across –the-support for carriers

Sunday, 12 August, 2018

Aviation, the sector which was showing an immense promise till about a year ago, is facing head winds with most of the airlines battling a survival issue, hit by rising fuel costs and other expenses even as a cut - throat competition is making the aviation firms bleed, the ASSOCHAM has said.

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Govt. is watchful of developments in Jet Airways; airline has not approached us for help: Civil Aviation Secy

Friday, 10 August, 2018

New Delhi, August 10, 2018: The government is watchful of the developments in Jet Airways as it would not like a situation where an airline faces difficulties, Civil Aviation Secretary, Mr R.N. Choubey said at an ASSOCHAM event held in New Delhi today.

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Government has faith in taxpayers; only 0.35% returns picked up for scrutiny this year: CBDT chairman

Thursday, 09 August, 2018

New Delhi, August 9, 2018: The Income Tax Department has accepted 99.65 per cent of tax returns as it is and has picked only 0.35 per cent cases for detailed scrutiny thereby showcasing full faith in the taxpayers, chairman of the Central Board of Direct Taxes (CBDT), Mr Sushil Chandra said at an ASSOCHAM event held in New Delhi today.

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Indias water crisis: Power sector may account for over 90% addl water withdrawal and consumption b/w 2010-2035, says ASSOCHAM-KPMG study

Wednesday, 08 August, 2018

New Delhi, August 8, 2018: With Indias power sector expected to account for 98 per cent of additional water withdrawals and 95 per cent of additional consumption between 2010 and 2035, reuse of treated water is essential for sustainable water management, suggested a recent ASSOCHAM-KPMG joint study.

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MP Assembly elections: ASSOCHAM-Jabalpur Chamber agenda to political parties for their manifestos

Tuesday, 07 August, 2018

Bhopal, 7 August 2018: While all political parties participating in upcoming assembly elections in Madhya Pradesh (MP) are working on their respective manifestos, apex industry body ASSOCHAM and Jabalpur Chamber have advocated them to focus on sustainability in farm sector, support to revive sick small-scale industries for creating more jobs.

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