Press Releases
RBI revised guidelines on credit default swaps for corporate bonds very soon: Official
Thursday, 29 October, 2020New 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. 
PM’s assertion of remaining steadfast on USD 5 trillion economy is a morale booster: ASSOCHAM
Thursday, 29 October, 2020New 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.
GASTROINTESTINAL TRACT CAN ALSO SERVE AS A TRANSMISSION ROUTE FOR COVID-19 - SAYS EXPERTS AT ASSOCHAM’S ‘ILLNESS TO WELLNESS’ SERIES
Thursday, 29 October, 2020New 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.
Show DetailsDAP 2020 to simplify Defence acquisition procedures: MoS Defence
Wednesday, 28 October, 2020New 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.
Show DetailsNat’l logistics policy to be announced soon; will provide robust framework for improvement in logistics & supply chain mgmt: Special Secy (Logistics)
Tuesday, 27 October, 2020New 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.
Show DetailsAuditors will be the harbinger of change in the new financial world order: Former SEBI Chairman
Tuesday, 27 October, 2020New 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.
Show DetailsAs bright spot, agriculture emerges as 2nd largest contributor to GDP: ASSOCHAM analysis
Tuesday, 20 October, 2020New Delhi, 20th October 2020: Agriculture, forestry and fishing the bright spot of the Indian economy in the midst of Covid-19 has emerged as the second largest contributor to the country's GDP, well above 'Manufacturing' and other key sectors which suffered severe setbacks from the pandemic, an ASSOCHAM analysis has brought out.
Show DetailsDepartment of Justice to start live demonstrations in courts post-Covid19 to provide hands-on training to lawyers for e-filing & other facilities: Official
Saturday, 10 October, 2020New Delhi, 10th October 2020: The Department of Justice with e-committee of Supreme Court is planning to start live demonstration to provide hands on training to lawyers and the legal community in terms of electronic filing of complaints, summons payments and other such facilities once the Covid-19 enforced lockdown period gets over and physical courts start functioning normally, a top official said at an ASSOCHAM webinar today.
Show DetailsRBI stays committed to growth; big positive in the policy review: ASSOCHAM secretary general, Mr Deepak Soods statement on the policy
Friday, 09 October, 2020New Delhi, 09th October 2020: RBI has rightly earned kudos for its accommodative stance on the benchmark interest rates, without even changing the same. It’s rare - when so much optimism is shared with the RBI even when there is no change in rates. The reason for an all-round welcome response to the RBI credit policy review and keeping the rate unchanged at four per cent is that the central bank has asserted that it would continue with the “accommodative stance as long as necessary.” This means, the RBI’s newly constituted Monetary Policy Committee is committed to reviving growth, even as it expects the inflation to moderate to the target levels.
Show DetailsEconomy showing convincing return to growth: ASSOCHAM Assessment on State of Economy
Thursday, 08 October, 2020New Delhi, 08th October 2020: Braving the unprecedented global health crisis, the Indian economy has shown a remarkable resilience in the last few months. Lead indicators such as manufacturing PMI, exports, rail freight and energy consumption are returning to a clear growth trajectory with firm signals of further improvement, a latest ASSOCHAM Assessment on State of Economy (AASE) pointed out.
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