Assocham News - Latest Updates & Headlines
India not so badly impacted by US tariffs, says ASSOCHAM president Sanjay Nayar
New Delhi, April 3: India is not so badly impacted by the imposition of tariffs by the US, which were announced by President Donald Trump on April 2, said ASSOCHAM president Sanjay Nayar.
Indian exporters will face relatively fewer troubles, say economists, as US tariffs kick in
New Delhi, April 3: As US President Donald Trump mandates a 27 percent tariff on Indian goods to his country, economists and economy watchers have opined that Indian exporters will face relatively less trouble. Amongst major Emerging Markets in Asia, India's tariffs are the lowest, barring the Philippines.
ASSOCHAM urges RBI to hold rates steady in key MPC meet next week
New Delhi, April 2: As the Reserve Bank of India (RBI) prepares for its upcoming monetary policy meeting from April 7 to 9, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) on Wednesday called for a cautious approach, recommending that the RBI adopt a "wait and watch" stance rather than opting for an immediate rate cut.
Top industry bodies award Attero for pioneering green innovation and sustainability
New Delhi, March 29: Attero, India’s largest cleantech company and the world's largest recycler of lithium-ion batteries has been recognised by leading industry associations like CII, FICCI, and ASSOCHAM for its groundbreaking contributions to sustainability and circular economy innovation.
RBI may cut repo rate by 50 basis points to boost economy: ASSOCHAM
New Delhi, Feb 6: The Reserve Bank of India (RBI) is expected to cut the benchmark policy repo rate, which stands at 6.50 per cent, by at least 50 basis points, to support economic growth, a top industry body said on Thursday.
23% Indian business implemented AI, 73% to adopt artificial intelligence tech in 2025
New Delhi, February 2: Twenty-three per cent of Indian businesses have already implemented AI, surpassing other survey markets, while 73 per cent expect to expand AI use in 2025, well above the survey average of 52 per cent, according to CPA Australia's Business Technology Report 2024, in collaboration with the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Industry bodies applaud key provisions in Union Budget 2025
New Delhi, Feb 1: The Union Budget 2025 has garnered strong reactions from industry leaders, with many praising its focus on economic growth, fiscal prudence, and tax relief measures.
Well-thought, beneficial for middle class: Businessmen laud Union Budget
New Delhi, Feb 1: The newly-announced tax slabs in Union Budget 2025 have brought significant relief to the Indian middle class, while the business community has lauded the move as a strategic decision that will fuel economic growth.