The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Government suggest exporters to comply with domestic & International standards, says official

Gurugram, September 19, 2018: There is a need for testing food products in order to ensure that it complies with domestic standards as well as international standards for exports, a top government official said at an Interactive Session on Swachhata Action Plan 2018-19 held in Gurugram today.

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Wednesday, September 19, 2018

World Gold Council to soon release blueprint on spot exchanges to govt. & concerned stakeholders: Somasundaram PR

New Delhi, 19th September, 2018: The World Gold Council (WGC) would soon submit a blueprint to the government on spot exchanges, its managing director for India operations said at an ASSOCHAM event held in New Delhi today.

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Wednesday, September 19, 2018

Regulation on data protection & privacy: ASSOCHAM-PwC study suggests providing relaxations & exceptions to MSMEs

New Delhi, 18th September, 2018: The regulation on data protection and privacy should adopt a risk-based approach and provide certain relaxations and exceptions for micro, small and medium enterprises (MSMEs) under specific circumstances, suggested a recent ASSOCHAM-PwC joint study.

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Tuesday, September 18, 2018

Negotiations on with US over tariff imposed on steel imports: Minister

New Delhi, 14th September, 2018: The Government is holding negotiations with the US on 25 per cent import tariff imposed on steel, Union Steel Minister Chaudhary Birender Singh said at an ASSOCHAM event held in New Delhi today.

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Friday, September 14, 2018

Banks have to take haircuts of 40-60% to achieve moderate degree of safety: Study

New Delhi, 12th September, 2018: With stressed debt of over Rs 50,000 crore under independent credit evaluation (ICE) framework, banks have to take a haircut in the range of 40-60 per cent to achieve a rating of RP4 (moderate degree of safety regarding timely servicing of financial obligations), noted a recent ASSOCHAM-Crisil joint study.

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Wednesday, September 12, 2018

Need to make IBC more effective, says official

Insolvency & Bankruptcy Code (IBC) has simplified a lot of things, but a lot more needs to be done, Ms. Vinita Srivastava, Joint Secretary who had directly dealt with bankruptcy procedure said at an ASSOCHAM Insolvency & Bankruptcy Code summit held in New Delhi today.

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Wednesday, September 12, 2018

Index of Industrial Production (IIP) for July 2018

New Delhi, 12 September 2018: Terming the latest estimates for Index of Industrial Production (IIP) as a positive sign towards the growth cycle of industrial activity in India, apex industry body ASSOCHAM today said that July 2018 IIP numbers state an optimistic outlook for the economy.

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Wednesday, September 12, 2018

Ayushman Bharat, other factors may help insurance industry grow to USD 280 bn by 2020: ASSOCHAM-APAS study

New Delhi, September 8, 2018: The Indian insurance industry is expected to grow to USD 280 billion by FY 2020 with the government’s flagship Ayushman Bharat – the National Health Protection Mission (AB-NHPM) and other growth drivers like rising disposable incomes, presence of global players and easing of the regulatory regime, helping penetration of the insurance culture in the country, according to an ASSOCHAM-APAS study.

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Sunday, September 09, 2018

NHIDCL might use geothermal energy for powering energy needs of Zojila tunnel: MD

New Delhi, 4th September, 2018: The National Highways and Infrastructure Development Corporation Limited (NHIDCL) which is executing Zojila Tunnel project in Jammu and Kashmir is thinking on lines of using geothermal energy for powering energy needs of tunnels as well as for heating them in winters, its managing director (MD), Mr Nagendra Nath Sinha said at an ASSOCHAM event held in New Delhi today.

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Tuesday, September 04, 2018

Communication, trade, financial services catch foreign investors’ fancy; attract over USD 20 bln FDI: ASSOCHAM

New Delhi, September 1, 2018: India's digital drive, riding on communication, IT and financial services has caught fancy of foreign investors, as reflected in over USD 20 billion Foreign Direct Investment (FDI) flowing in these sectors alone in the fiscal, 2017-18, claims an ASSOCHAM analysis.

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Sunday, September 02, 2018

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