The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Centre working to include millets in school feeding programs & public distribution system: Agri secy.

New Delhi, November 27, 2017: With a view to ensure that millets become a part of average Indian’s diet, the Government of India is trying to include it in school feeding programs, Union agriculture secretary Dr S.K. Patnaik said at an ASSOCHAM-Karnataka Government joint event held in New Delhi today.

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Monday, November 27, 2017

Looming inflation to dash interest rate cut prospects; says ASSOCHAM

New Delhi, November 25, 2017: As uncertainty and apprehension looms over crude oil prices and vegetables, mainly on the back of rising retail prices of onion and tomatoes, are disrupting the home makers’ budget, inflation would remain a key concern both for the RBI and the government dimming any hope of a cut in interest rates, the ASSOCHAM said today.

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Sunday, November 26, 2017

ASSOCHAM seeks one-time solution for assured return on Private Equity investment

New Delhi, November 24, 2017: Batting for one-time solution for the vexed issue of ‘assured return’ on Private Equity investment, the ASSOCHAM has written to Finance Minister Mr Arun Jaitley, urging a meeting between his officials and the global private equity funds so that investments worth several thousand crores of rupees stuck in litigation can be freed.

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Friday, November 24, 2017

Commerce ministry to prepare a proper business plan to promote exports: Suresh Prabhu

New Delhi, November 23, 2017: The Ministry of Commerce and Industry is in the process of preparing a proper business plan based on scientific market research to promote goods and services globally, said Union Minister for Commerce and Industry, Mr Suresh Prabhu said at an ASSOCHAM event held in New Delhi today.

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Thursday, November 23, 2017

More states in process of notifying Centre’s guidelines to regulate direct selling industry: Minister

New Delhi, November 22, 2017: More states are in the process of notifying model guidelines issued by the Centre to regulate direct selling industry, Union Minister of State for Consumer Affairs, Food and Public Distribution, Mr C.R. Chaudhary said at an ASSOCHAM event held in New Delhi today.

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Wednesday, November 22, 2017

Food processing - Product conformity with global quality standards and focus on logistics will help achieve targeted growth, says study

New Delhi, November 21, 2017: While the $121 billion food processing industry in India presents an opportunity for growth, the sector needs to focus on product conformity with global standards and quality together with factors like logistics traceability and safety, quality of packaging and delivery, noted an ASSOCHAM-Grant Thornton joint study.

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Tuesday, November 21, 2017

Digital ad spending in India to cross Rs 13,000 crore mark by 2018: ASSOCHAM

New Delhi, November 20, 2017: With the growing demand for smartphones and falling data prices are likely to increase digital advertising spend in India from the current level of Rs 9,800 crore to Rs 13,000 crore by December 2018 growing at a compound annual growth rate (CAGR) of 35 per cent, according to ASSOCHAM.

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Monday, November 20, 2017

Hiring prospects to remain subdued in short term; things to look up in 2 quarters: ASSOCHAM

New Delhi, November 18, 2017: With corporate India placing most energies on rationalising costs, including the wage costs , and trying to deleverage its balance sheet, the hiring outlook in the private sector , is expected to stay muted till beginning of fiscal 2018-19, an ASSOCHAM assessment , based on its feedback from members has indicated.

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Sunday, November 19, 2017

Indian digital economy to touch USD 1 trillion in the next 5-7 years: Ravi Shankar Prasad

New Delhi, November 17, 2017: The government is trying to push Indian digital economy to USD 1 trillion in the next 5-7 years and also two consultant firms are working on its roadmap, Mr Ravi Shankar Prasad said at an ASSOCHAM event held in New Delhi today.

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Friday, November 17, 2017

Result of Govt’s decisive action in J&K in past few months quite apparent: Dr Jitendra Singh

New Delhi, November 17, 2017: The Government of India has been able to follow an approach of clarity, consistency, conviction under Prime Minister Narendra Modi’s governance in the last two-three years which is very visibly apparent be it in Kashmir, the north-east or the left-wing militancy affected areas, Union Minister, Dr Jitendra Singh said at an ASSOCHAM event held in New Delhi today.

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Friday, November 17, 2017

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