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Assocham

Photos: Bank strike across India on May 30, 2018

Banking operations in the country were hit on Wednesday as 10 lakh employees, primarily from PSU banks, went on 2-day strike to protest against a 'meagre' 2 percent salary hike offered by Indian Banks Association (IBA) - the management body.

May 30, 2018, 22:27 PM IST

Bank strike may affect customer transactions worth Rs 20,000 crore: Assocham

The UFBU, an umbrella body of nine bank unions, has gone on strike against the proposed wage hike of 2 percent as against 15 percent given last time.

May 30, 2018, 20:14 PM IST

PNB fraud overreaction may hugely hurt credit flow: Assocham

Last month, Assocham had said that the PNB fraud that has rocked the banking system should not halt the process of corporate lending.

Mar 11, 2018, 17:04 PM IST

Smoking on rise among young Indian women: Assocham

More and more young working women across metropolitan cities in India are resorting to smoking.

Mar 09, 2018, 17:50 PM IST

Demanding targets make employees sleep less than 6 hours: Assocham

Findings of the report pointed out that sleep deprivation costs $150 billion a year due to higher stress and reduced workplace productivity.

Feb 26, 2018, 18:09 PM IST

PNB fraud: After ASSOCHAM, now FICCI joins chorus for privatising state-run banks

FICCI called state-run banks privatisation is in the interest of creating 'a dynamic banking sector' in India.

Feb 19, 2018, 17:35 PM IST

PNB fraud: Assocham urges Centre to cut stake in banks to below 50%

The industry body said that PSBs have to function on the lines of private sector lenders with a full sense of accountability to their shareholders.

Feb 18, 2018, 16:26 PM IST

Assocham seeks 10% import duty on chemical pulp

The industry body has also sought policy measures to facilitate private sector participation in plantation development programmes.

Jan 16, 2018, 17:03 PM IST

Don't resort to knee-jerk reaction: Assocham to govt on GST slip

Industry body Assocham has cautioned the government against resorting to a "knee-jerk" reaction to deal with slippage in GST collections, and said those revenues would pick up once the glitches in the system are addressed.

Jan 08, 2018, 15:59 PM IST

Bangladesh poses security threat besides Pakistan, China: Union Minister Hansraj Ahir

Bangladesh, the "so-called friend" of India, also poses a security threat to the country besides China and Pakistan, Union minister Hansraj Ahir said on Thursday

Nov 16, 2017, 23:27 PM IST

Assocham seeks government's help for exporters under GST regime

In the pre-GST regime, the Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) scrips were allowed to be used to pay excise duty/ service tax on the procurements. 

Nov 07, 2017, 16:41 PM IST

'Streamlining taxation will help India reach top 50 in ease of doing business'

Lauding the government`s efforts in attracting a record $60 billion worth of FDI in a single year, he invited the domestic and global investors to reap dividends by investing in the infrastructure and logistics sector that provide huge scope.

Nov 02, 2017, 17:52 PM IST

Recap plan to boost public sector bank stake sale

According to Assocham, once bank lending begins to pick up, there would be consequent advantages by way of higher economic growth and tax buoyancy.

Oct 29, 2017, 15:40 PM IST

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'

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

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

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

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

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