The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Online platform soon for SEZs to raise issues & concerns: Commerce Ministry official

The union government will soon roll out a web-based platform for special economic zones (SEZs) to raise their concerns and action taken may be provided by the concerned authority, a top Union Commerce Ministry official said at an ASSOCHAM event held in New Delhi today.

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Thursday, August 04, 2016

Govt. obtain return of 12% on equities than G-Secs: Secretary, Ministry of Labour and Employment

As on July 31, 2016, we got a return of over 12 percent on investments in equities as compared to 8 or 7.5 percent on government securities (G-Secs) within a year, said Shankar Aggarwal, Secretary, Ministry of Labour and Employment at an ASSOCHAM event held in New Delhi today.

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Wednesday, August 03, 2016

Rains lead to increase in vegetable prices by 40%: ASSOCHAM

Prices of vegetables such as lady fingers, cabbage, beans, brinjal, bitter gourd have increased by 35-40% over a month as heavy rains in several parts of the country have hit the supply line to Delhi-NCR, according to an ASSOCHAM paper.

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Tuesday, August 02, 2016

Industry expects uptick by December, says ASSOCHAM Bizcon Survey

India Inc expects better days ahead six months from now in terms of growth in sales, profitability in sync with an uptick in the big macro picture, though fresh investment by the private sector is still far off thanks to continuous under-utilisation of capacities, the latest round of ASSOCHAM Bizcon Survey has pointed out.

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Sunday, July 31, 2016

Time to scale up cyber security preparedness to meet emerging threats: Deputy Governor, RBI

Banks need to put in place preventive measures such as appropriate controls framework around the systems, reconciliation of transactions in on real / near real time basis, controls over the message creation and transmission, applying timely security patches to the interfaces, if any, close monitoring of transactions and disabling USB, and Internet access on the connected nodes, said Mr R Gandhi, Deputy Governor RBI at an ASSOCHAM event held in New Delhi today.

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Friday, July 29, 2016

Internet is not confined to boundary: Kiren Rijiju

He stressed upon the important aspect of cyber security cooperation. Mr. Rijiju said "Yesterday we had a long discussion with team of Bangladesh led by their home minister and the entire team of their security experts and forces. So, again we have stressed that we really need to work closely to deal with this cyber security problems."

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Friday, July 29, 2016

CVC discussion paper seeking suggestions for alternate tender system other than L1 to be soon put in public domain: K.V. Chowdary

The Central Vigilance Commission will soon put out a discussion paper on its website to invite suggestions for an alternate tender system other than the lowest-bidder-wins (L1) policy, Chief Vigilance Commissioner (CVC), Mr K.V. Chowdary said at an ASSOCHAM event held in New Delhi today.

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Wednesday, July 27, 2016

Treat HFCs at par with pvt. banks & PFIs: ASSOCHAM plea to SEBI

Apex industry body ASSOCHAM has sought respite for housing finance companies (HFCs) from markets regulator SEBI with a request to treat HFCs at par with private banks and public financial institutions (PFIs).

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Tuesday, July 26, 2016

Telecom firms seek clarity on GST on value added services: ASSOCHAM

As prospects for passage of the Goods and Services Tax Bill in Parliament improve, the telecom industry has impressed upon the government to come out with a clear cut position with regard to levy of taxes on Value Added Services (VAS) even as the firms across the entire value chain look forward to a smooth transition to much awaited GST, an ASSOCHAM-KPMG Paper has said.

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Sunday, July 24, 2016

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