Assocham

Mutual Funds bet most on government securities: ASSOCHAM

Mutual Funds bet most on government securities: ASSOCHAM

However, for securities with a three to six month maturity period, the Non-banking Finance Companies, (NBFCs), bank certificates of deposits and corporate bonds are among the favourite avenues for the MFs. 

Oct 08, 2017, 16:54 PM IST

Govt should relax fiscal deficit targets, boost expenditure: Assocham

In a statement, the chamber said India Inc is looking up to the government to take the 'out of ordinary' measures, citing "concerns over slowdown in growth due to the transient disruptions in the economy following GST implementation and the remaining over-hang of demonetisation".

Oct 01, 2017, 14:39 PM IST
'Insurance sector undergoing disruptions, trend to accelerate'

'Insurance sector undergoing disruptions, trend to accelerate'

Commenting on the performance of the industry, he said the "insurance sector has done well last year. The disintegration of banking reforms in crop insurance has helped both life and non-life insurance sectors".

Sep 24, 2017, 18:02 PM IST
India's manufacturing sector must grow substantially for 9-10% GDP growth: Study

India's manufacturing sector must grow substantially for 9-10% GDP growth: Study

The joint report by ASSOCHAM-EY stated that while the Goods and Services Tax (GST) has to a large extent addressed prevailing regulatory issues, states across India must individually look into bureaucratic obstacles along with other obstructive regulations and policies on priority, based on their own manufacturing goals.

Sep 12, 2017, 13:45 PM IST
Slowdown of credit pre-dates banks drive against NPAs: Raghuram Rajan

Slowdown of credit pre-dates banks drive against NPAs: Raghuram Rajan

Rajan describes how the Reserve Bank of India`s (RBI) repeated attempts to seek a resolution of stressed assets issue met with tepid response from bankers. 

Sep 03, 2017, 16:28 PM IST
Cyber attacks can derail India from projected growth: Report

Cyber attacks can derail India from projected growth: Report

Citing rise in digital payments and projected growth of India's digital economy to USD 1 trillion in next 5-7 years from USD 270 billion at present, the report said that the growth is opening up gaps which can be exploited by the adversaries.

Sep 03, 2017, 13:46 PM IST
Aadhaar helped disburse Rs 83,000 crore via DBT: Assocham

Aadhaar helped disburse Rs 83,000 crore via DBT: Assocham

Total subsidy paid under DBT in 2016-17 is Rs 74,502 crore. Cash subsidy paid under DBT is expected to increase to Rs 1 lakh crore subsequently, the industry chamber added. 

Aug 27, 2017, 16:56 PM IST
Microsoft ready to take 50mn SMBs on 'intelligent' Cloud: Anant Maheshwari

Microsoft ready to take 50mn SMBs on 'intelligent' Cloud: Anant Maheshwari

There are large enterprises that will have a dedicated infrastructure, teams and resources for Cloud adoption.

Aug 26, 2017, 13:09 PM IST
NCLT must treat home buyers at par with banks: Assocham

NCLT must treat home buyers at par with banks: Assocham

An Ordinance, if needed, should be brought to amend the Insolvency and Bankruptcy Code (IBC) for protecting the right of home buyers, it suggested.

Aug 20, 2017, 13:39 PM IST

Working groups on new telecom policy this week

Telecom Minister Manoj Sinha said technologies such as health monitors and smart transport are projected to result in 21 percent increase in machine-to-machine services.

Aug 02, 2017, 17:06 PM IST
Railway Ministry working with companies like Apple on train speeds

Railway Ministry working with companies like Apple on train speeds

Sharing plans for the future, Prabhu said the government had six-eight months ago called major technology developers working on increasing train speeds to more than 600 km per hour.

Jul 22, 2017, 00:04 AM IST
Small, medium firms will be more competitive with GST: Assocham

Small, medium firms will be more competitive with GST: Assocham

The Goods and Services Tax (GST) will boost the competitiveness of micro, small and medium enterprises (MSMEs), the Associated Chambers of Commerce and Industry of India (Assocham) said on Sunday, citing its report on the unified pan-India indirect tax regime.

Jul 09, 2017, 16:17 PM IST
Fire insurance premium may go up post July 1

Fire insurance premium may go up post July 1

Come July 1, fire insurance premium may go up since the insurance regulator is trying to check the insurance players from deep discounting in premium to gain market share.

Jun 18, 2017, 12:46 PM IST

Defer GST rollout as IT network not ready: Assocham to FM

Industry chamber Assocham on Saturday demanded postponing GST implementation, saying that taxpayers will find it difficult to comply with the provisions of the new indirect tax regime as the IT network is not yet ready.

Jun 17, 2017, 17:51 PM IST
India Inc disappointed as RBI keeps rates unchanged

India Inc disappointed as RBI keeps rates unchanged

As the RBI left lending rates unchanged, India Inc on Wednesday expressed disappointment saying the central bank has chosen to remain over-cautious about the inflation outlook.

Jun 07, 2017, 17:25 PM IST
Real estate, retail, logistics to create maximum jobs in India

Real estate, retail, logistics to create maximum jobs in India

Sectors such as construction and real estate, beauty and wellness, organised retail, transport and logistics hold the maximum job potential in India in the near future, according to a report.

Jun 04, 2017, 15:35 PM IST

GST Council to meet on June 3 to fix more rates: Arjun Meghwal

The Goods and Services Tax (GST) Council will meet again on June 3 to decide on the levy on remaining goods, including gold, footwear and textiles, Minister of State for Finance Arjun Ram Meghwal said on Thursday.

Jun 01, 2017, 22:48 PM IST
GST to be 'biggest achievement' of Modi govt: Assocham

GST to be 'biggest achievement' of Modi govt: Assocham

The Goods and Services Tax (GST) will feature on the top of the government's list of achievements in the last three years that also saw some other credible measures on taxation and financial inclusion fronts, according to an Assocham report.

May 21, 2017, 13:24 PM IST

India`s IT industry body slams mass layoff reports

Indian software trade body Nasscom on Thursday dismissed widespread media reports of mass layoffs in the country`s hugely important information technology industry but warned that the sector must reinvent itself.

May 18, 2017, 20:54 PM IST
'Domestic opportunity can help IT cos tide over job losses'

'Domestic opportunity can help IT cos tide over job losses'

Amid concerns over job losses in USD 155 billion IT sector, industry lobby Assocham on Wednesday said this is the time for outsourcing companies "to look inward" and focus on the domestic opportunity to curtail layoffs.

May 17, 2017, 17:31 PM IST