Press Releases

24x7 potable drinking water in next 5 years: Delhi Water Minister

Friday, 06 November, 2020

New Delhi, 6th November 2020: The Minister of Home & Health, Public Works Department Power, Government of Delhi, Shri Satyendar Kumar Jain has stated that the Delhi government has great confidence that they would be able to provide clean drinking water round the clock to the people by the year 2025. He was speaking at a virtual event- ‘Safe Water for ALL and Save Water By ALL’ organized by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

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Calibrated & graded regulatory framework, proportionate to systemic significance of entities is the way forward for NBFC sector: RBI deputy guv

Friday, 06 November, 2020

New Delhi, 06th November 2020: Considering that uniqueness of NBFC sector lies in the inherent diversity of activities carried out by different NBFCs, there can be no ‘one-size-fits-all’ prescription in terms of their regulation, a top Reserve Bank of India (RBI) official said at an ASSOCHAM e-summit today.

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MCA should examine why XBRL tagged data hasnt been used for data analytics for early fraud detection: ASSOCHAM prez

Saturday, 31 October, 2020

New Delhi, 31st October 2020: The Ministry of Corporate Affairs (MCA) should look into and find out as to why the eXtensible Business Reporting Language (XBRL) tagged data has not been used by the Government for data analytics purposes that can effectively help in early detection of frauds, more so as top Indian companies have been submitting their financial statements in this format for last nine years, ASSOCHAM president, Dr Niranjan Hiranandani said in an ASSOCHAM Virtual Conference.

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Corona was a blessing in disguise to showcase the efficacy and relevance of Ayurveda and Yoga etc. in modern times, say eminent experts at ASSOCHAM & Ministry of AYUSH organised ‘Global Ayush Mela’

Friday, 30 October, 2020

New Delhi, 30th October’2020: Eminent experts from the government, industry and AYUSH field today at the “Global Ayush Mela” organized here today said that Corona has proved to be a blessing in disguise to showcase the efficacy and relevance of Ayurveda and Yoga etc. in modern times to the entire world which has now begun looking at it in new light.

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RBI revised guidelines on credit default swaps for corporate bonds very soon: Official

Thursday, 29 October, 2020

New Delhi, 29th October 2020: The Reserve Bank of India will soon come out with revised guidelines on credit default swaps for corporate bonds, a top Union Finance Ministry official informed at an ASSOCHAM e-summit held today.

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PM’s assertion of remaining steadfast on USD 5 trillion economy is a morale booster: ASSOCHAM

Thursday, 29 October, 2020

New Delhi, 29th October 2020: Prime Minister Mr Narendra Modi’s assertion that India would stick to its ambition of achieving the aspirational USD5 trillion economy by 2024 despite setback due to coronavirus, would reinfuse optimism in the industry and instil confidence amongst consumers, ASSOCHAM has said.

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GASTROINTESTINAL TRACT CAN ALSO SERVE AS A TRANSMISSION ROUTE FOR COVID-19 - SAYS EXPERTS AT ASSOCHAM’S ‘ILLNESS TO WELLNESS’ SERIES

Thursday, 29 October, 2020

New Delhi, 29 October 2020: The Associated Chambers of Commerce and Industry of India (ASSOCHAM), one of the apex trade associations of India concluded the tenth edition of the ‘Illness to Wellness’ series themed webinar on ‘Digestive Health In COVID-19 Era’. The event saw an elite panel of leading gastroenterologists discuss the possible transmission of Coronavirus through fecal-oral transmission and the viability of a COVID vaccine.

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DAP 2020 to simplify Defence acquisition procedures: MoS Defence

Wednesday, 28 October, 2020

New Delhi, 28th October 2020: The Defence Acquisition Procedure (DAP) 2020 would be focussing on simplifying the Defence acquisition procedure and institutionalising monitoring mechanism with concurrent actions using digital technologies & data base for selection of best equipment in a transparent and competitive manner giving adequate opportunities to capable vendors, Mr Shripad Yesso Naik, Minister of State for Defence and Union Minister of State (Independent Charge) in the Ministry of AYUSH said in an ASSOCHAM webinar today.

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Nat’l logistics policy to be announced soon; will provide robust framework for improvement in logistics & supply chain mgmt: Special Secy (Logistics)

Tuesday, 27 October, 2020

New Delhi, 27th October 2020: The national logistics policy will soon be in place and provide a very robust framework for action to work on improvements in the logistics and supply chain management for the nation, a top official of the Ministry of Commerce and Industry said in an ASSOCHAM webinar today.

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Auditors will be the harbinger of change in the new financial world order: Former SEBI Chairman

Tuesday, 27 October, 2020

New Delhi, October 27 2020: The responsibility of the auditors have increased tremendously in the present COVID times due to the changing business dynamics and the present auditing system is getting more rigorous to be on par with the global accounting standards, stated the Padma Bhushan awardee and former SEBI chairman, D R Mehta at the Global 2-day Virtual conference- Audit, Risk, and Governance- Emerging Trends, Current Challenges, and Way Forward organised by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). Shri Mehta was the chief guest of the event.

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