Search For "assocham"
75 pct fall in animal hide supply threatens closure of tanneries: ASSOCHAM
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.19 (ANI): Trade in major clusters of leather and leather products in India has been hit hard by the union government's move of demonetisation, observed a quick survey-cum-analysis by apex industry body ASSOCHAM.
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Interest cut to be far cry as dollar, crude rise: ASSOCHAM Paper
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 18 (ANI): The prospects for cut in the policy interest rates by the Reserve Bank of India (RBI) may be adversely affected by continuous pressure on rupee against dollar, firming of the U.S. interest rates along with the hardening of the crude oil prices, an ASSOCHAM P
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India Inc feels let down by washout of winter session of Parliament, says
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 16 (ANI): ASSOCHAM today expressed a huge sense of disappointment over washout of the winter session of Parliament, stating the country may have to pay a big opportunity cost for failure to get the crucial legislations passed by the law makers.
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WPI is in tandem with expectations of the Indian economy post demonetisati
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 14 (ANI): Apex industry body ASSOCHAM today stated that fall in wholesale price index (WPI) numbers for the month of November 2016 is in tandem with the expectations which started to feel the depressive state in the Indian economy owing to the demonetisation announceme
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ASSOCHAM appeals industry to aid victims of Vardah
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.13 (ANI): Apex industry body ASSOCHAM has appealed to its members and industrialists to come to the aid of thousands of people evacuated following the devastation caused by tropical cyclone Vardah which has struck Chennai.
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Less cash economy to help India leap frog to levels of developed world in
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 9 (ANI): Prime Minister Narendra Modi's bold drive to take the economy into a 'less cash' mode through a multi-pronged strategy would not only check the menace of black money and corruption but would also lead to a large part of the informal economy into
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GST rate structure may be reviewed in face of demonetisation, says Chairma
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 8 (ANI): Ruling out a single rate for the Goods and Services Tax (GST), Chairman of the Central Board of Excise and Customs Najeeb Shah said today at an ASSOCHAM event that the GST rate structure may be reviewed in wake of demonetisation even as he asserted that the Ce
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Industry expecting clarity from RBI on demonetisation disruption, says ASS
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.7 (ANI): By maintaining a status quo on the policy rates, the Reserve Bank of India has defied a widespread expectation of at least a 25 basis points cut in the interest rates, but the industry and the trade expected a little more clarity from the central bank on the t
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MSME ministry suggest withdrawal limit to two lakh for micro units: MoS fo
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 6 (ANI): Ministry for Micro Small and Medium Enterprises (MSME) will suggest for increasing the withdrawal limit to two lakh per week for MSME sector said, Haribhai Parathibhai Chaudhary Minister of State for MSME, GoI at an ASSOCHAM event.
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India's Internet population likely to touch 600 million by 2020: Stud
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 5 (ANI): With increased 4G and 3G penetration, the Internet user base in India is rapidly expanding and has reached a penetration of over 27 percent versus 50.3 percent penetration in China and expected to double to 600 million users by 2020 from 343 million users curr
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Jack up govt. expenditure to make up for loss in private consumption: ASSO
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 4 (ANI): As the private consumption would be taking a significant hit on account of cash crunch in the economy at least in the next two quarters, the government should make all efforts to at least partly limit the impact of demonetisation on the GDP by sharply jacking
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ASSOCHAM makes plea to FM for relaxing cash withdrawals for industry
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.2 (ANI): ASSOCHAM has urged the government to consider lifting the cash withdrawal limit for the corporate firms from the banks, as there is no scope for any misuse since such withdrawals are properly recorded, audited and can be subject to scrutiny by any authority in
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