Category Archives: ASSOCHAM

Bengaluru most hospitable to tech startup

Bengaluru is host to the largest share of technology driven start-ups, followed by the Delhi NCR and Mumbai while Hyderabad and Chennai are also quite popular among the techies who are budding entrepreneurs, according to an ASSOCHAM study.

The study done in association with the ‘Thought Arbitrage’ found that in the technology driven start-ups, India… Read More

Need to promote research and innovation in homeland security

There is a need to promote homeland security in the public-private partnership (PPP) mode and encourage research and innovation to speedily tackle threats posed by terrorism to internal security, Minister of State for Home Affairs, Mr Hansraj Gangaram Ahir said at an ASSOCHAM event held in New Delhi today.

“Though we are employing manual force in the form… Read More

Vegetable prices soar while wholesale-retail price gap as high as 80%

Prices of most of vegetables like potato, cabbage, chilly, tomato, cauliflower, brinjal and okra have seen a price rise between 20 and 100 per cent, hit by low arrivals of the harvest in the mandis during the April-July period of 2016 and what is most worrying is that the trend is visible during the peak season of production, an ASSOCHAM comprehensive study on … Read More

State and forest toll plazas should be rationalized says NHAI Chairman

State and forest toll plazas should be rationalized, Mr Raghav Chandra, Chairman, National Highways Authority of India (NHAI)  at an ASSOCHAM event held in New Delhi today.We will work with other state government and ministries to identify the problems at various check post where multiple agencies connect tolls of various time, the state excise toll and… Read More

Raising EPF’s equity exposure imperative to realise India’s demographic advantage

There is a need to increase the asset allocation to equity allowed in retirement funds from current level at 5-15 per cent of incremental flows as it will help in realising the country’s huge demographic advantage, an ASSOCHAM-Crisil joint study has said.

“At five per cent, overall exposure to equity could barely reach five per cent in 20 years, and even … Read More

Lot more families heading for holidays for coming week-ends: ASSOCHAM

As the Independence Day extends the coming week-end and then the next week would have Raksha Bandhan holiday in lot of work places, the families are heading for short holidays in and around metro cities in far more numbers than the comparable period last year around August 15, an ASSOCHAM quick survey has pointed out.

As many 42% more of short duration domestic… Read More

Urjit Patel appointed new RBI Governor

The government has appointed Dr Urjit Patel to replace Shri Raghuram Rajan as the RBI governor. Urjit Patel will take charge on September 4, the day Raghuram Rajan completes his three-year term. Rajan had announced in June that he would step down in September and return to academia after a single three-year term at the RBI. Patel has been known as ‘inflation… Read More

ASSOCHAM-KPMG: India to have 13.5% share in Global Smart Market by 2019

Thanks to digital revolution riding on the aggressively priced mobile data packages, India is expected to have a total number of 180 million smart phones by 2019 claiming 13.5 per cent of total global smart phone markets from 7.6 per cent at present, according to an ASSOCHAM-KPMG joint study.

India’s fastest growing market for mobile handsets globally contributed… Read More

Lot more families heading for holidays for coming week-ends: ASSOCHAM

As the Independence Day extends the coming week-end and then the next week would have Raksha Bandhan holiday in lot of work places, the families are heading for short holidays in and around metro cities in far more numbers than the comparable period last year around August 15, an ASSOCHAM quick survey has pointed out.As many 42% more of short duration domestic… Read More

Industry expects uptick by December, says ASSOCHAM Bizcon Survey

India Inc expects better days ahead six months from now in terms of growth in sales, profitability in sync with an uptick in the big macro picture, though fresh investment by the private sector is still far off thanks to continuous under-utilisation of capacities, the latest round of ASSOCHAM Bizcon Survey has pointed out.

As many as 65.5  per cent of the companies… Read More

Internet is not confined by boundary

Cyber world is ‘real’ and need to understand the real internet, the more we are getting inside, the more challenges we are bound to face it, said Mr Kiren Rijiju, Minister of State for Home Affairs at an ASSOCHAM event held in New Delhi.Internet is not confined to the boundary, it is virtual internet world and we are internet connected, said Mr Rijiju while … Read More