Assocham wants the govt to continue the stimulus package in order to sustain growth rate.
The Reserve Bank of India should
continue with its soft monetary policy in the forthcoming
review to spur growth as the economy is still not on a firm footing, industry body Assocham said.
Concerned over the poor state of India’s national game hockey, sports minister MS Gill has urged the industry big wigs to bail the national sport out of its financial crisis.
With economy coming back on growth path, investment proposals by India Inc saw an increase of about 16% to Rs 15.94 lakh cr in 2009, an Assocham study has said.
India Inc today condoled the sad demise of veteran CPI(M) leader and former West Bengal chief minister Jyoti Basu.
India`s public healthcare system is facing a shortage of about six lakh doctors and nine lakh nurses despite increasing number of government hospitals, industry body Assocham today said.
India and Pakistan should bury their hatchet and explore joint ventures in areas like food, pharma and IT sectors to boost bilateral trade, Assocham said on Monday.
The government should allow people to invest provident fund (PF) contributions in the capital market through mutual funds, industry body Assocham (Associated Chambers of Commerce and Industry of India) has said.
Foreign direct investment may be
hit, with India giving more market access to the south east Asian nations than it got in return from its free trade pact
with the ASEAN bloc, a study has said.
Prices of pulses, which have shot up by over 40 percent in the last one year, is likely to spiral further in 2010 due to a demand and supply mismatch, industry body Assocham said on Tuesday.
Industry body Assocham has asked
the Centre to exempt infrastructure non-banking financial
companies from tax deducted at source on interest paid to
Industry body Assocham on Friday
suggested that the government should confer core industry
status to the airlines business to sustain the aviation
Industry body Assocham on Monday
called for consolidation in the Indian banking sector without
any delay to enhance global competitiveness, despite dithering
of RBI on the issues.
The private hospital sector is expected to touch USD 45 billion (around Rs 2,00,000 crore) in the next three years riding on growth in Tier-II and Tier-III cities, a study said.
Industry body Assocham on Saturday said
the Telangana unrest will be detrimental for the growth of the
state and may impact the flow of investments, but did not give
any precise figure.
The Indian retail sector is
expected to grow at a rate of 5.5 percent to USD 410 billion
(around Rs 19,03,844 crore) by 2010 from the present about USD
300 billion, Assocham said on Monday.
The Indian entertainment and media
industry is likely to grow at a rate of over 11 percent and
reach Rs 93,200 crore by 2013, a joint study by Assocham and
PwC said here.
Taxation of over 18 percent on branded processed agricultural products is adversely affecting the competitiveness of the sector, an industry lobby has said in a report released Sunday.
With less than a year left for the Commonwealth Games, industry chamber Assocham has sought extension of the five-year tax holiday scheme to five-star hotels in the National Capital region.
Day in Pics: 21st October
Showbiz World - October 21, 2014
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