Assocham News

Don’t destroy my university

Ideological intolerance and a bureaucratic strait-jacket are damaging JNU. Don’t let a mediocre leadership denigrate one of our finest institutions.

RBI, Finance Ministry must step in to curb rupee depreciation: Assocham

According to the chamber, further depreciation in the value of the rupee coupled with rising crude oil prices could subject India to "imported inflation".


India's mobile manufacturing to touch Rs 1.32 lakh cr by end of 2018: Ravi Shankar Prasad

Ravi Shankar Prasad, the Union Electronics and IT minister, has said at an Assocham event that India's mobile manufacturing industry will touch Rs 1.32 lakh crores by the end of 2018.

Industry cautions against lending freeze in wake of PNB fraud

Assocham Secretary General D S Rawat said while long term solutions like privatisation of banks can be sought, the need of the hour is to rally around honest bank officers and honest business entities which have built trust on each other.

Bring realty under GST with stamp duty, moderate rate, says Assocham

There are reports that the realty sector may be brought under the GST without stamp duty and other levies like property tax. That will serve no purpose and instead would lead to more confusion, Assocham secretary general D S Rawat said.

Indian companies need to invest significantly to prevent cyber attacks: Study

As the country moves towards a cashless economy, companies operating in the financial services domain will have to develop preventive control mechanisms and significantly invest in reactive capabilities to keep cyber attackers at bay, a study has suggested.


Insolvency proceedings: NCLT must treat home buyers at par with banks, says ASSOCHAM

Earlier this month, the National Company Law Tribunal(NCLT) admitted the insolvency petition filed by IDBI Bank against debt-ridden Jaypee Infratech, part of the Jaypee group.

Extend concessional industrial package to Punjab too: ASSOCHAM

Punjab has already suffered from the central government’s industrial package to its neighboring states like Himachal Pradesh, Uttarakhand and Jammu and Kashmir.

Chicken demand, price rise amid beef controversy: Assocham

Rising per capita incomes, growth in quick service restaurants are other key reasons for growing demand and consumption of meat in India, it said.

GST execution from July 1 a challenge for industry: Assocham

The GST law provides for as many as 21 kinds of penalties for various offences.