The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Companies are adding yoga at workplace to boost productivity: ASSOCHAM survey

Over 53% of the corporate companies are opting for yoga sessions in workplace to boost productivity, reduce sick days, increase mental clarity, combat fatigue, improve memory, fight stress and increase workplace satisfaction, an ASSOCHAM paper coinciding with the “International Yoga Day” (June 21) noted.

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Sunday, June 19, 2016

India’s pharma exports may reach $20 bn by 2020: Study

Export of pharmaceutical products from India is likely to cross $14. billion (bn) mark this year and may reach about $20 bn by 2020, thereby registering a compounded annual growth rate (CAGR) of about eight per cent, according to an ASSOCHAM-TechSci Research joint study.

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Thursday, June 16, 2016

Job hunters, HR managers converging on social media: ASSOCHAM survey

Social media has emerged as an important route for hiring fresh talent by the corporates which use the micro-blogging sites for background checks as also judging the overall persona of the candidates with maximum of the HR personnel depending on the LinkedIn as a recruitment tool, an ASSOCHAM survey has noted.

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Wednesday, June 15, 2016

Aviation policy to attract investment in the sector: ASSOCHAM

The new aviation policy is a turning point for India’s civil aviation sector as it frees the operators from the shackles of 5/20 rule for flying overseas. The step would surely attract more investment in the aviation which in any case had become quite viable after a sharp correction in the fuel prices, said Mr. D S Rawat, Secretary General ASSOCHAM.

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Wednesday, June 15, 2016

ASSOCHAM Reaction: WPI for May 2016

Apex industry body ASSOCHAM today said that rise in Wholesale Price Index (WPI) is in line with industry’s expectations as it got some upward movements through increase in prices of crude oil globally and policy measures introduced by the Reserve Bank of India (RBI) in its first bi-monthly policy in April 2016.

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Tuesday, June 14, 2016

Holistic credit assessment & monitoring imperative to rein in high levels of NPAs & restructured assets: ASSOCHAM-PwC study

A holistic regulatory framework encompassing participation from all stakeholders in the credit rating ecosystem is imperative to improve the efficacy of credit rating agencies (CRAs) and effective credit risk assessment and monitoring in India, suggested an ASSOCHAM-PwC joint study.

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Monday, June 13, 2016

Party time may come to end on auto fuel prices; Duty roll back may be answer: ASSOCHAM

The party time on driving around on cheap fuel seems to be over, though there is no danger of hard times as yet even though the automobile fuel has witnessed about 20% increase in the recent past, an ASSOCHAM paper has said.

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Sunday, June 12, 2016

Empower banks to cut losses and get rid of NPAs without 3C fear: ASSOCHAM

With a view to containing non-performing assets (NPAs) in banks, the government should empower the boards of the public sector banks to deal with the bad assets with the help of a special purpose vehicle which can lay broad guidelines for the lenders to take "haircuts" and cut the losses in the sectors in distress, without fear of 3Cs - CAG, Central Vigilance Commission and CBI, the ASSOCHAM has said.

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Thursday, June 09, 2016

Incentives like interest subvention & MEIS imperative to promote G&J exports: ASSOCHAM

Apex industry body ASSOCHAM today urged the government to extend incentives like interest subvention, Merchandise Exports from India Scheme (MEIS) and others to promote gems and jewellery (G&J) exports that have been marred by global slowdown thereby putting at risk livelihood of over 30 lakh people employed by the sector across India.

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Wednesday, June 08, 2016

Transmission of rates is the key for banks: ASSOCHAM

By choosing to retain the benchmark policy interest rate at 6.5 per cent, the RBI has not given any surprise to the industry since the central bank wants to wait and see the impact of Monsoon along with certain global factors such as rising commodity prices on inflation, ASSOCHAM President Mr Sunil Kanoria said.

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Tuesday, June 07, 2016

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