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  • Govt should reduce and rationalise GST rates on food processing industry Nov 18, 2021 04:28 PM IST

    Govt should reduce and rationalise GST rates on food processing industry

    Presently branded and packaged foods products such as potato chips, cereals, snack foods, namkeen falls under 12 per cent slab, while unbranded namkeens, chips and bhujia fall under a 5 per cent duty structure.

  • Consumer confidence showing signs of pick up in Q2: Assocham Sep 11, 2021 08:23 PM IST

    Consumer confidence showing signs of pick up in Q2: Assocham

    Activities in construction and renovation have been on a pick-up for the past few months leading to return of migrant workers for gainful deployment, it said.

  • Interview | Govt should consider some form of direct income support in order to spur consumer sentiment and demand, says Assocham India's President Vineet Agarwal Jul 20, 2021 08:45 PM IST

    Interview | Govt should consider some form of direct income support in order to spur consumer sentiment and demand, says Assocham India's President Vineet Agarwal

    The Assocham president said that despite the outbreak of the second wave of COVID-19 and lockdowns across the country the association expects India's GDP to grow 9 to 10 percent in 2021-22.

  • COVID-19 impact: Assocham seeks wage support, interest subsidy to help industry Jun 02, 2021 05:41 PM IST

    COVID-19 impact: Assocham seeks wage support, interest subsidy to help industry

    The association suggested that the surplus funds of ESIC (Employees State Insurance Corporation) should be used for providing wage support measures/stimulus packages for the employees.

  • Construction industry may resume operations by mid-June: Assocham Jun 01, 2021 08:57 PM IST

    Construction industry may resume operations by mid-June: Assocham

    Fast vaccination of the labour force would be a big morale booster for them and their families, it added.

  • MSMEs need to embrace tech to enhance global competitiveness: MoS Pratap Sarangi May 24, 2021 08:57 PM IST

    MSMEs need to embrace tech to enhance global competitiveness: MoS Pratap Sarangi

    For the MSMEs (Micro, Small & Medium Enterprises) sector to thrive in the international market there is a need to focus on three important factors reducing capital cost, power cost, and logistic cost, Sarangi said.

  • Farmers' Protest | Punjab Governor to summon CS, DGP over damage to mobile towers; ASSOCHAM seeks CM's intervention Dec 30, 2020 10:04 PM IST

    Farmers' Protest | Punjab Governor to summon CS, DGP over damage to mobile towers; ASSOCHAM seeks CM's intervention

    The governor felt there has been a failure of law enforcement agencies in preventing such damages.

  • ASSOCHAM Foundation Week: PM Modi says agriculture reforms, agility in pharma among key Atmanirbhar pillars Dec 21, 2020 01:43 PM IST

    ASSOCHAM Foundation Week: PM Modi says agriculture reforms, agility in pharma among key Atmanirbhar pillars

    Backing the farm laws, PM Modi also added that with the improved physical and digital infrastructure, farmers can have a better market for their products, helping the entire rural economy reach a new high.

  • Prime Minister Narendra Modi praises Tata Group for its role in India's development Dec 19, 2020 02:47 PM IST

    Prime Minister Narendra Modi praises Tata Group for its role in India's development

    "Tata Group has played an important role in India's development," Modi said after presenting the 'Assocham Enterprise of the Century Award' to Ratan Tata, marking the contribution of the business group in the nation's progress

  • Disinvestment process will now gain a lot of momentum, says Finance Minister Nirmala Sitharaman Dec 15, 2020 11:44 PM IST

    Disinvestment process will now gain a lot of momentum, says Finance Minister Nirmala Sitharaman

    Disinvestment will be happening, corporatisation of not just the defence and the DRDO-related labs, but also banks and they should also be able to raise money from the market, said Finance Minister Nirmala Sitharaman on the day 1 of ASSOCHAM Foundation Week

  • Farmers' protest resulting in daily loss of Rs 3,500 crore: Assocham Dec 15, 2020 04:17 PM IST

    Farmers' protest resulting in daily loss of Rs 3,500 crore: Assocham

    Assocham President Niranjan Hiranandani said, "The size of the combined economies of Punjab, Haryana, Himachal Pradesh and J&K is about Rs 18 lakh crore. With the ongoing farmers' agitation and blockade of roads, toll plazas and railways, the economic activities have come to a halt."

  • India should focus on 15 imports items to achieve self-reliance: Assocham Jul 05, 2020 05:35 PM IST

    India should focus on 15 imports items to achieve self-reliance: Assocham

    These items include electronics, coal, iron-steel, non-ferrous metals and vegetable oils, among others.

  • India can fill up export market space vacated by China due to coronavirus: Assocham Mar 01, 2020 10:55 AM IST

    India can fill up export market space vacated by China due to coronavirus: Assocham

    It said Indian exporters of electronics, pharmaceuticals, speciality chemicals and automobile segments depend on China for raw material and are facing supply constraints, but there are several areas where there are increased opportunities for domestic traders.

  • Niranjan Hiranandani takes over as Assocham president Dec 23, 2019 08:08 PM IST

    Niranjan Hiranandani takes over as Assocham president

    Hiranandani succeeds Welspun Group Chairman Balkrishan Goenka.

  • Expect corporate tax sop to prop up investments, says FM Nirmala Sitharaman Dec 20, 2019 02:22 PM IST

    Expect corporate tax sop to prop up investments, says FM Nirmala Sitharaman

    During her address, Sitharaman also called out public sector banks (PSBs) for not passing on benefits of rate cuts to consumers

  • PM Modi to address ASSOCHAM AGM today, here’s why it is significant Dec 20, 2019 08:52 AM IST

    PM Modi to address ASSOCHAM AGM today, here’s why it is significant

    Finance Minister Nirmala Sitharaman is expected to present a roadmap on the same around 12:35 pm

  • Policy | Can Kerala lead the way in creating gender friendly start-up ecosystems? Sep 13, 2019 10:09 AM IST

    Policy | Can Kerala lead the way in creating gender friendly start-up ecosystems?

    Kerala’s International Women’s Trade Centre, a first in India, is pitched as a safe space away from home for women entrepreneurs who are eager to leverage their entrepreneurial abilities and for those who seek global exposure to their products.

  • PSU debt raising through bonds gained, NBFCs faced challenge: Study Sep 08, 2019 04:24 PM IST

    PSU debt raising through bonds gained, NBFCs faced challenge: Study

    Defaults by Infrastructure Leasing & Financial Services at the beginning of September 2018 created panic and led to a dip in investor confidence towards lending to non-banking finance companies.

  • Assocham seeks inclusion of petroleum products in GST Jul 25, 2019 01:29 PM IST

    Assocham seeks inclusion of petroleum products in GST

    The chamber suggested to the GST Council that sale of scrips issued for different duty drawbacks and market promotion should not be subjected to levy of Goods and Services Tax (GST).

  • ASSOCHAM for raising tax exemption limit to Rs 5 lakh in Budget Jun 09, 2019 11:20 AM IST

    ASSOCHAM for raising tax exemption limit to Rs 5 lakh in Budget

    It has suggested this in a proposal to the government as part of its pre-Budget memorandum.

  • Industry upbeat on RBI policy decision; says more room to slash rates ahead Jun 06, 2019 06:15 PM IST

    Industry upbeat on RBI policy decision; says more room to slash rates ahead

    Reviving business confidence, consumer confidence and triggering animal spirits in the economy is the need of the hour, the chamber said in a statement.

  • ASSOCHAM demands cut in effective corp tax to 25%, inflation indexing of allowances Jun 03, 2019 03:35 PM IST

    ASSOCHAM demands cut in effective corp tax to 25%, inflation indexing of allowances

    In 2018-19 Budget, the reduced rate of 25 percent was extended to companies with turnover of up to Rs 250 crore in 2016-17, a move which benefited micro, small and medium enterprises.

  • Lenders take 57% haircut in 94 cases worth Rs 1.75 lakh crore May 03, 2019 04:45 PM IST

    Lenders take 57% haircut in 94 cases worth Rs 1.75 lakh crore

    The average resolution timeline for these 94 cases resolved was 324 days as against the stipulated timeline of 270 days.

  • Govt working to make education affordable and accessible Feb 21, 2019 08:53 PM IST

    Govt working to make education affordable and accessible

    Javadekar was addressing the 12th ASSOCHAM National Education Summit themed 'Making India Global Powerhouse: Catalysing Reforms and Innovations'.

  • Assocham meets RBI governor Shaktikanta Das on NBFC, HFC crisis Jan 11, 2019 10:38 PM IST

    Assocham meets RBI governor Shaktikanta Das on NBFC, HFC crisis

    The delegation, which met the governor in New Delhi, told him that over-regulation of the sector is hampering the growth of the NBFC model of lending.

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