The public sector banks (PSBs) will need equity worth Rs 1.7 lakh crore by March 2019, which can turn out to be higher on an increased credit growth, a recent Assocham-Crisil joint study has revealed.
The Associated Chambers of Commerce of India (ASSOCHAM) on Sunday said that India may suffer collateral damage to its economy if it finds itself in the crossfire in the escalating trade war triggered by US
Cyclone Vardah has caused a destruction of worth over Rs 6,700 crore (USD 1 billion), industry body ASSOCHAM said today.
The Associated Chambers of Commerce of India (Assocham) on Friday has sought an exemption for industries from the Rs 50,000 cap stipulated for current accounts by the government, saying thr amount was too low and
One of the immediate fall outs of the demonetisation of high value notes would be a mushrooming growth in the number of non-bank players like Paytm and Free charge into the payment business.
Industry body Assocham has suggested government to hire retired bank staff on a massive scale and mobilise all resources across different departments to deal with the heavy rush at banks and ATMs following demonetisation announcement.
The Associated Chambers of Commerce of India (ASSOCHAM) has expressed concern over the ongoing agitation in Bengaluru over Cauvery dispute and pointed out that it has sullied the image of the city.
India is home to the third largest number of technology driven startups in the world, with the US and the UK occupying the top two positions, according to a report. The study, done by
New Delhi: The participation of Indian women in the workforce fell 10 per cent in the past decade as India recorded the lowest female labour force participation rate, a joint industry chamber Assocham-Thought Arbitrage Research
New Delhi: India can save up to $50 billion by bringing down logistics costs to 9 percent from the current 14 percent of the country's GDP, according to a joint study by industry chamber Assocham
With banks having rejected Rs 4,000 crore offer made by ‘wilful defaulter’ Vijay Mallya to settle dues of over Rs 9,000 crore, industry body Assocham has asked them to be open to negotiations and cut losses.
New Delhi: Ahead of the Railway Budget, industry body Assocham has asked Railway Minister Suresh Prabhu to muster political courage and go in for a hike in the passenger fares, saying they have been kept
Lucknow: Expressing concern over the delay in implementation of projects related to investments, Assocham said it could adversely impact the 'Make in India' programme launched by Prime Minister Narendra Modi."The campaign launched with much fan-fare
New Delhi: The draft model law on Goods and Services Tax (GST) will be finalised in a month's time, a top finance ministry official on Tuesday said."We are also working on draft GST model law.
New Delhi: Majority of Indian businesses are optimistic about the state of the economy improving in the next two quarters, although the last six months have not witnessed much of a change at the ground
Chennai: More than measuring insurance penetration as a measure of premium income, it is important to quantify it as a measure of financial and social progress, states a joint research report by ASSOCHAM and credit
New Delhi: When it comes to currency notes, Rs 500 bills top the demand charts in India, followed by thousand-rupee notes at the second place, an Assocham study said on September 11. Of all bank
Thiruvananthapuram: Kerala is ranked at the top with regard to actual exports and actual investments through Agri Export Zone (AEZs), an Assocham study has said.The study says that with an export value of about Rs.2,278
New Delhi: The prospects of importing cheaper oil from Iran after it signed a nuclear deal with six world powers led by the US cheered Indian industry and the equity markets on Wednesday.This followed Tuesday's
New Delhi: Industry body Assocham today asked the government to introduce 'freight village' concept in India on the lines of Europe to give boost to logistic sector.Freight villages are logistic concentration points developed at
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