Assocham asks RBI to moderate rate hikes to avoid impact on recovery
NEW DELHI: Industry body Assocham on Friday asked the Reserve Bank, which has hiked the key policy rate by 190 basis points since May, to moderate the interest rate hikes so that it does not have adverse impact on nascent economic recovery. Reserve Bank of India (RBI) Governor Shaktikanta Das headed six-member rate setting panel […]
Indian economy heading towards V-shaped recovery in 2021: Assocham
NEW DELHI: India’s economy is showing decisive signs of a ‘V-shaped’ recovery in 2021 with the return of consumer confidence, robust financial markets, an uptick in manufacturing and exporters braving it out in the global market with never-say-die spirit, Assocham said on Sunday. The industry chamber said it expects immense accruals of economic benefits from […]
ASSOCHAM calls for early resolution; as farmer’s protests result in a daily loss of Rs 3500 crore loss
NEW DELHI:Urging the government of India and farmer’s organisations to resolve the impasse over the new Agriculture laws, the ASSOCHAM today said, the ongoing protests are dealing a big blow to the interconnected economies of the region, including Punjab, Haryana and Himachal Pradesh. Though the economies of these states are predominantly based on agriculture and […]
ASSOCHAM, MoHUA announce industry’s first realty & sustainability confluence and awards
NEW DELHI: Ministry of Housing and Urban Affairs and ASSOCHAM have announced India’s first Realty and Sustainability Confluence and Awards 2020, to celebrate and recognize the contribution of this sector towards Indian economy. The 7 days long mega platform from 27 November to 3 December 2020 will also focus on some of the key issues […]
Spices exports jumps 23% to $359 million in June on rising demand: Assocham
NEW DELHI: India’s spices exports rose by 23 per cent to $359 million (around Rs 2,690 crore) in June 2020 from $292 million (Rs 2,190 crore) in the same month last year, Assocham said on Sunday. A dipstick study by the chamber also noticed how the rising demand for spices in the domestic market led […]
Outreach on economy, demand push to give big boost to growth: ASSOCHAM
NEW DELHI: ASSOCHAM President Dr. Niranjan Hiranandani today said that concerted efforts by the Prime Minister Narendra Modi himself in his outreach to wider sections of the industry and other key stakeholders, fiscal incentives and sustained public investment on infrastructure will lead to a spur in demand and will be big catalyst for reviving the […]