Press Releases

Banks should refrain from raising interest rates; let there be a lag for transmission of RBI rate hike: ASSOCHAM

Sunday, 05 August, 2018

New Delhi, August 4, 2018: With surplus liquidity in the banking system, the banks should not rush into increasing their lending and deposit rates despite the Reserve Bank of India raising the benchmark, Repo rate, the ASSOCHAM has said.

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PM’s reassurance to industry encouraging; corporate sector to work together with govt. to achieve common goal of India’s holistic development: ASSOCHAM

Monday, 30 July, 2018

Lucknow, July 30, 2018: Apex industry body ASSOCHAM today lauded Prime Minister (PM) Narendra Modi on reiterating government’s support to industry and working together for country’s holistic development at an event held here yesterday.

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Data protection framework must be based on Indian specificities and not a replica of developed international template: CCI official

Friday, 27 July, 2018

Bengaluru, July 27, 2018: The Justice B.N. Srikrishna committee designing the data protection framework must ensure that Indian specificities are taken into account and it is not a ‘copy-paste version’ of developed international template, a Competition Commission of India (CCI) top official said at an ASSOCHAM event held here today.

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Facilitate speedy implementation of Centre’s guidelines for direct-selling industry: ASSOCHAM plea to Karnataka govt

Thursday, 26 July, 2018

Bengaluru, July 26, 2018: Apex industry body ASSOCHAM today urged the Government of Karnataka for speedy adoption and subsequent implementation of Centre’s draft guidelines as final norms for direct-selling business as that would push industry's growth and spur skill development, innovation and job creation within the state.

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Govt. aggressively pushing to allow professionals to travel globally for service delivery: Suresh Prabhu

Wednesday, 25 July, 2018

New Delhi, July 25, 2018: The Centre is aggressively pushing for allowing professionals to travel for service delivery as that would open a very big market for India, Union Minister, Mr Suresh Prabhu said at an ASSOCHAM event held in New Delhi today.

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Nutraceuticals industry need to set self-regulation; FSSAI Chairperson

Wednesday, 25 July, 2018

New Delhi, July 25, 2018: The consumer interest and safety should be the priority for the industry and should adopt self-regulation’, said Food Safety and Standards Authority of India (FSSAI) Chairperson Mr Ashish Bahuguna at an ASSOCHAM event held in New Delhi today.

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SEZ Rules to be aligned with GST laws by July end: Commerce Ministry official

Tuesday, 24 July, 2018

New Delhi, July 24, 2018: The Centre will come out with amendments to Special Economic Zones (SEZ) Rules, 2006 synchronised with Goods and Services Tax (GST) laws by end of this month, a top official in the Union Ministry of Commerce and Industry said at an ASSOCHAM event held in New Delhi today.

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Corporate India gets policy changes as bolt from blue; risks increasing: ASSOCHAM

Sunday, 22 July, 2018

New Delhi, July 21, 2018: Corporate India is becoming more and more vulnerable to sudden policy change risks, emanating both at the Central and state levels with some of the well-known companies getting caught off the guard by issuance of a government notification or two, ASSOCHAM said, expressing a view that any amendment in rules should first involve stakeholders' consultation before being pronounced.

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Mines Ministry contemplating on suggestions made by NITI Aayog on simplifying allocation and operation of mines: Narendra Singh Tomar

Friday, 20 July, 2018

New Delhi, July 20, 2018: The Ministry of Mines is contemplating on and is willing to adopt the method suggested by NITI Aayog CEO, Mr Amitabh Kant regarding major policy changes to allocation and operation of mines in the country, union minister, Mr Narendra Singh Tomar said at an ASSOCHAM event held in New Delhi today.

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