Page 2 - Assocham

Sumant Sinha takes over as ASSOCHAM President; Ajay Singh as Senior V-P

Sinha founded ReNew Power in January 2011, with a vision to transform the way energy is produced and consumed in India

Healthcare likely to receive top priority in Budget 2022: Assocham

Healthcare sector is likely to receive the highest priority in the upcoming Union Budget 2022-23 on account of continuing challenges posed by COVID-19

RBI must keep rates low as long as needed to sustain growth: Assocham

It said that while concerns over inflation, especially in the Wholesale Price Index (WPI), need to be addressed, measures other than reversal of the accommodative stance should be encouraged

Construction industry may resume operations by mid-June: Assocham

The employment-intensive construction industry should witness resumption in operations by the middle of June, though at a curtailed level, industry chamber Assocham said on Tuesday

MSME needs 'concentrated, right kind' of relief package: Assocham

Industry body Assocham has demanded from the government a 'concentrated and right kind' of relief package for MSME sector, which was most affected by covid-19 pandemic

Ease fiscal deficit, look at higher spend for future: Assocham President

Infra spending has thrice the desired impact, govt's Rs 111 trn National Infrastructure Pipeline should be speeded up, says Vineet Aggarwal

Indian economy heading towards V-shaped recovery, says Assocham

The industry chamber said it expected immense accruals of economic benefits from the Covid-19 vaccination programme about to be rolled out

Indian economy heading towards V-shaped recovery in 2021: Assocham

India's economy is showing decisive signs of a 'V-shaped' recovery in 2021 with the return of consumer confidence and robust financial markets, Assocham said

Damage to infrastructure would turn investors away from Punjab: Assocham

Incidents of damage to the industrial and other infrastructure would turn investors away from Punjab, industry body Assocham has told Punjab Chief Minister Amarinder Singh

Farmers' protest resulting in daily loss of Rs 3,500 cr: Assocham

Industry body Assocham on Tuesday urged the Centre and farmers' organisations to resolve the impasse over the new agri laws, saying that the protests are inflicting a heavy blow to the economies of Punjab, Haryana, Himachal Pradesh and J&K. "A daily loss of Rs 3,000-3,500 crore is resulting in the economies of the region from the value chain and transport disruption because of the protests," according to a rough estimate by the chamber. Assocham President Niranjan Hiranandani said, ''The size of the combined economies of Punjab, Haryana, Himachal Pradesh and J&K is about Rs 18 lakh crore. With the ongoing farmers' agitation and blockade of roads, toll plazas and railways, the economic activities have come to a halt." On Monday, the Confederation of Indian Industry (CII) had said the farmer agitation has led to supply chain disruptions, which will impact the economy in the coming days and may impinge upon the ongoing recovery from the economic contraction due to ...

India Inc seeks growth-oriented budget, higher health spend from FM

Says fiscal consolidation be pushed for later years or formulated from three-year perspective

Assocham seeks 200% tax deduction Covid-19 vaccine development expenditure

Industry body Assocham urged the Finance Ministry to allow 200 per cent deduction in tax computation for the expenditure on research and development of the Covid-19 vaccine in the Budget for 2021-22

Retail sector to see transformation due to AI-led tech disruptions: Report

The unorganised segment has dominated the Indian retail sector and in 2019, the segment commanded as much as 85 per cent of the market, show-casing the significant potential for digitalisation

Throwback to SEZ era: Real estate sector makes room for data centres

The central government ministries, too, are getting into the act on behalf of the sector.

Spices exports jumps 23% to $359 mn in June on rising demand: Assocham

In domestic currency, thanks to forex advantage, spices exporters raked in even better realisations which rose by 34 per cent to Rs 2,721 crore in June 2020 from Rs 2,030 crore in the comparative mont

Kicking the import habit: Can India grab a $200-bn business opportunity

PM Modi's call for a self-reliant India, free of its dependence on imports, means opportunity for the domestic industry. But there are many questions that need to be answered, writes Sai Manish

Data protection Bill panel seeks FB, Microsoft, Assocham, Nasscom views

The JPC had sought suggestions on the Bill from people and organisations on the proposed legislation in January

Centre owes Rs 3 trillion to states and industry amid Covid-19 outbreak

Assocham President Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of I-T, VAT, and GST, and compensation

Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains

Reiterate demand for a stimulus package

Industry wants phased exit from lockdown, up to Rs 23 trillion package

While Assocham demanded Rs 15 trillion-23 trillion package, Ficci called for Rs 9-10 trillion