- Tag results for Assocham
Higher oil prices significantly impact not just India's economy but household budgets as well as it leads to increase in cost of transportation and therefore impacts a lot of other products.
The global volume of e-waste is expected to reach 52.2 million tonne (MT) or 6.8 kg per inhabitant by 2021 from 44.7 MT in 2016 at a compound annual growth rate of 20 per cent, according to the study.
These policy initiatives are in the last stages of consideration by the state government.
Mergers and acquisitions beyond a certain threshold require approval from the Competition Commission of India.
The companies listed in the stock market have to be extra careful in ensuring that the corporate governance standards are in line with the best international practices.
Industry body Assocham today asked the centre to speedily implement direct selling guidelines to facilitate ease of doing business in this sector.
Both the Insolvency and Bankruptcy Code and the Real Estate Act, enacted in 2016, appear to be pitted against each other as far as protecting the interests of bankers and home buyers area concerned.
The ASSOCHAM said the government should mandate BPO sector-specific policies and procedures to address the security requirements.
India should engage bilaterally with its key trading partners to promote exports if the world witnesses an escalation of a trade war, industry chamber Assocham today said.
The trade body also cautioned that an over-reaction by the banks and the investigative agencies would hurt essential credit disbursement to the trade and industry.
It should be extended in view of the disruption to the banking system on account of the Rs 12,600 crore fraud on state-run Punjab National Bank PNB) by accused diamantaire Nirav Modi, it said.
Assocham today urged the government to relax the deadline for linking bank accounts, particularly those in the PSBs to Aadhaar, saying post-PNB scam.
India's luxury market is set to grow to USD 30 billion from USD 23.8 billion by the year-end on back of growing exposure of international brands amongst Indian youth.
The chamber further argued that any pause in business lending would be demoralising, and would set in among the top functionaries and employees of the state-owned banks.
Assocham that PSBs should then be allowed to function on the lines of private sector lenders with a full sense of accountability to their shareholders