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Online Shopping May Clock Sales Worth Up To Rs 25K Crore: ASSOCHAM

The upcoming festive season, beginning October 1 is likely to register record-breaking sales, revenues, and highest ever purchase rate per minute for e-commerce giants as most people deferred their purchasing plans during the fortnight of pitru paksha and are now ready ...

Surgical Strikes Haven’t Affected Gold Prices In India: Dr M. Veerappa Moily

Chairman, Parliamentary Standing Committee on Finance, Dr M. Veerappa Moily said today India Surgical Strikes on Pakistan have not affected gold prices in India at an ASSOCHAM event held in New Delhi. "Need policies for promoting gold as investment ...

Mergers No Quick Fix For Public Sector Banks: ASSOCHAM

Asserting there are no quick fixes for grave problems facing the public sector banks, mainly centered around close to Rs 5 lakh crore non-performing assets, ASSOCHAM President Mr Sunil Kanoria today said. A report clearly suggests mergers or consolidation of the ...

Bangalore Cauvery Dispute; Losses Up To Rs 25,000 Crore: ASSOCHAM

Bengaluru city is estimated to have suffered a loss between Rs 22,000-25,000 crore due to Cauvery dispute related violence, apex industry body ASSOCHAM said today. There was an interruption in the transport including, roads, rail and air and inability of the ...

Strike To Cost Up To Rs 18,000 Crore To Economy; Exports Too Get Hurt: ASSOCHAM

With all-India strike by central trade unions affecting trade, transport, key manufacturing facilities and banking services in Kerala, Karnataka, Tripura, Haryana and Uttar Pradesh besides other parts of the country. The loss to the economy is estimated at between Rs 16,000 ...

Cash Transactions Above Rs 3 Lakh Maybe Banned

The Government is considering the recommendation of Special Investigation Team (SIT) on black money to ban cash transactions above Rs 3 lakh, a top Finance Ministry official said at an ASSOCHAM event. "The SIT recommendations are under consideration. As ...

Bengaluru Most Hospitable To Tech Start-Ups; NCR Next Best: ASSOCHAM Paper

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 ...

Standard GST Rate Should Not Exceed 20%: Assocham

A large section of India Inc would like the standard Goods and Services Tax (GST) rate to stay well below 20 per cent. Along with services of mass consumption being included in the ‘Merit' list to ensure that prices of critical ...

Online Platform Soon For SEZs To Raise Issues & Concerns: Commerce Ministry official

The union government will soon roll out a web-based platform for special economic zones (SEZs) to raise their concerns and action taken may be provided by the concerned authority, a top Union Commerce Ministry official said at an ASSOCHAM event. {image-technology-in-the-hands-of-businessmen-05-1470390371.jpg ...

Rains Lead To Increase In Vegetable Prices By 40% Over A Month: ASSOCHAM

According to an ASSOCHAM paper, prices of vegetables such as lady fingers, cabbage, beans, brinjal, bitter gourd have increased by 35-40% over a month as heavy rains in several parts of the country have hit the supply line to Delhi-NCR. The ...

Telecom Firms Seek Clarity On GST On Value Added Services: ASSOCHAM

As prospects for passage of the Goods and Services Tax Bill in Parliament improve, the telecom industry has impressed upon the government to come out with a clear cut position with regard to levy of taxes on Value Added Services (VAS. Even ...

Brexit Fall-Out: India Must Build Firewalls By Domestic Reforms: Assocham

Britain's exit from the European Union (EU), as decided by its people, has come about as a shocker not only for global financial markets but also the political leaders across the world, throwing a huge amount of uncertainty as to which ...

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