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Blockchain tech can resolve inefficiencies in India's current trade finance system
Implementing digital technologies such as blockchain, artificial intelligence (AI), machine learning and robotic process automation can resolve inefficiencies in our current trade finance system, and make the process efficient at the bank’s, buyer’s, seller’s, as well as the SME’s/MSME’s end, noted a recent ASSOCHAM-Deloitte joint study.Read more
Indian paper industry likely to touch 25 MT by 2020
Indian paper industry is poised to grow and touch 25 million tonnes from 20.37 million tonnes to 2019-20 from 2017-18 at the rate of 10% per annum, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM) recent paper.Read more
Cut government stake in banks below 50%: ASSOCHAM
The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.Read more
Budget puts the money where mouth is: ASSOCHAM
Finance Minister, Arun Jaitley has placed a huge emphasis on agriculture and rural India, allocating bulk of resources to interior landscape, while helping the middle class salaried employees along with relief to senior citizens, measures which would boost consumer demand and help revive economic growth, said Sandeep Jajodia, president, ASSOCHAM.Read more
India's solar capacity falls short of target in FY2017: Assocham-NEC study
India, which is aiming to achieve 100 GW solar power capacity by 2022, could not achieve the target for FY2017, according to a recent Assocham-NEC Technologies joint study, titled ‘Capacity Building & skill Development’.Read more
