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ADB approves USD 3 million grant to India to fight COVID-19 pandemic
The grant which has been financed by the Japanese government will be used to procure essential thermal scanners and commodities which will strengthen India’s COVID-19 response.
Jul 29, 2020 -
Finance Minister Nirmala Sitharaman attends 5th Annual Board of Governors Meeting of AIIB
While attending the 5th annual meeting of the board of governors of AIIB, Finance Minister mentioned about PM Modi’s initiative of creating a COVID-19 Emergency Fund for the SAARC nations.
Jul 29, 2020 -
PM Narendra Modi to meet stakeholders from Banks, NBFCs today
Prime Minister Narendra Modi will virtually meet the stakeholders from Banks and Non-Banking Financial Companies today to discuss on the vision for the future.
Jul 29, 2020 -
India to impose quality curbs on 370 items including Chinese products
India has identified 371 imported items including Chinese products. The Ministry will now frame the mandatory standards for these items.
Jul 28, 2020 -
Centre to go ahead with disinvestment of 23 PSUs cleared by the cabinet
For the fiscal year, 2020-21, the central government has set a disinvestment target of Rs. 2.10 lakh crore. Out of this, Rs. 1.20 lakh crore will come from the disinvestment of PSUs.
Jul 28, 2020 -
Centre amends certain Indian Accounting Standards amid COVID-19 pandemic
Corporate Affairs Ministry has amended the Ind-AS 103, 116, and some other standards. As Ind-AS 103 pertains to the business combinations, Ind-AS 116 is related to principles for presentation, recognition, and disclosure of leases.
Jul 27, 2020 -
India’s FATF review of anti-money laundering regime postponed to 2021
FATF review of India's anti-money laundering and terror financing regime has been postponed to 2021 due to the COVID-19 outbreak.
Jul 27, 2020 -
India-UK affirm shared commitment towards Free Trade Agreement
India and the United Kingdom both held talks open minds and shared commitment to revive and revitalise the long-standing trade and economic linkages between them.
Jul 25, 2020 -
Piyush Goyal addresses 10th BRICS trade ministers virtual meeting, calls nations to build trust and transparency in trade
Piyush Goyal in the 10th BRICS trade ministers virtual meeting highlighted the significance of trust and transparency in trade which will determine the sustainability of the global supply chains.
Jul 24, 2020 -
Centre asks BIS to prescribe standards for imported goods to curb non-essential Chinese imports
The commerce ministry has given the list of imports to BIS and has asked to frame the standards in accordance with the international norms to filter quality imports.
Jul 24, 2020 -
Government imposes restrictions on public procurement from countries sharing land border with India
The order will apply to all forms of public procurement but not to procurement by the private sector.
Jul 24, 2020 -
Sahil Seth appointed as honorary adviser to BRICS Chamber of Commerce and Industry
Mr. Sahil Seth who is a 2011 batch Indian Revenue Service Officer will be an honorary adviser of BRICS Chamber of Commerce (CCI) young leaders for the period of 2020-2023.
Jul 23, 2020 -
G20 Digital Minister’s Meet: Data must belong to sovereign nation, says IT Minister Ravi Shankar Prasad
G20 Digital Minister’s Meet: The Union IT Minister highlighted that data must belong to the sovereign nation concerned to protect the privacy and digital concerns of its people.
Jul 22, 2020 -
Centre to revamp FTA strategies to ensure economic benefits
Piyush Goyal had earlier indicated to work the agreements with ASEAN and Japan, as the imports seemed to have gained more than the exports due to the sharp reduction in tariffs.
Jul 22, 2020 -
CBDT, CBIC sign MoU to share data regularly
Data Exchange Steering group has also been constituted. The group will meet periodically to take the necessary steps to review the status of data exchange and improve the effectiveness of the data-sharing mechanism.
Jul 21, 2020
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