EVs demand to help power utilities earn $11 bn in revenue by 2030

Jun 14 2018

The overall power demand from electric vehicles (EVs) is expected to help utilities earn an estimated $11 billion (Rs 700 billion) in revenues by 2030, said a joint study by Assocham and EY.

Electricity demand from EVs to help power utilities earn $11bn

Jun 14 2018

The overall electricity demand from large-scale adoption of electric vehicles (EVs) in India is projected to touch 69.6 terawatt hrs by 2030, a report said.

Construction sector's share in India's gross value added down

Jun 12 2018

The construction sector's share in India's overall GVA declined to 7.4 per cent in the financial year 2017-18 (FY18) from 9.6 per cent in FY12 owing to poor demand in the real estate sector.

'Reduction in oil duties best solution to check fuel price rise'

Jun 08 2018

Reducing taxes is the best solution to check the spurt in fuel prices which would also tremendously help India on the exports front, industry body Assocham said.

Centre to set up pre-school educational units: Swarup

Jun 05 2018

Union School Education Secretary Anil Swarup today said the central government would set up pre-school educational units and the NCERT was preparing a curriculum for them.

India Inc cheers Q4 GDP numbers, expects trend to improve further

May 31 2018

The rebound in growth reinforces that the economy is back on track and is set for a strong recovery after disruptions sparked by note ban and GST, CII said.

Bank strike may hit transactions worth Rs 20k crore: Assocham

May 30 2018

The two-day nationwide strike by employees of public sector banks (PSBs) may affect customer transactions worth up to Rs 20,000 crore, Assocham said.

Cut excise duty, bring auto fuels under GST: Chambers to govt

May 21 2018

Ficci and Assocham called for the govt to urgently reduce fuel excise duties. It also urged the govt to bring automobile fuels under GST purview.

Walmart-Flipkart deal to vitiate e-commerce: Traders

May 09 2018

US retailer Walmart's USD 16 billion acquisition of Indian e-commerce firm Flipkart will vitiate the country's e-commerce space and create an uneven playing field, traders and retailers said.

'Listed cos need to ensure good corporate governance standards'

May 06 2018

Listed companies need to ensure good corporate governance standards as they cannot afford any wrong doing amid increased investor awareness, Assocham said.

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