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Ministry of Corporate Affairs releases the Report of the Committee on Business Responsibility Reporting

Ministry of Corporate Affairs releases the Report of the Committee on Business Responsibility Reporting

Rajesh Verma, Secretary, Ministry of Corporate Affairs (MCA) released the ‘Report of the Committee on Business Responsibility Reporting (BRR)’ here today. The BRR was released in the presence of Dr. Sameer Sharma, DG, IICA; Amarjeet Singh, Executive Director, SEBI; Atul Gupta, president, ICAI: Ashish Garg, president, ICSI and R. Mukundan, …

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Piyush Goyal asks the traders to undertake customer awareness drive to promote Make In India Goods; Lauds their role during Lockdown

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The Union Minister of Commerce and Industry & Railways Piyush Goyal has exhorted the traders community to fully contribute towards the Aatamnirbhar Bharat campaign. Speaking to the traders’ fraternity on the occasion of the National traders’ day today through virtual interaction, he said that they should undertake Customer Awareness drive …

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Piyush Goyal calls upon more buyers and sellers to join the GeM, which has proved to be a game-changer in government procurement

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The Fourth edition of the National Public Procurement Conclave [NPPC], organized by Government e Marketplace [GeM], in association with the Confederation of Indian Industry [CII] for two days,was inaugurated online by Piyush Goyal, Union Commerce and Industry & Railways Minister today, to coincide with the anniversary of GeM Establishment Day.The …

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Rs. 17000 Crore transferred by PM Narendra Modi to nearly 8.5 Crore farmers under PM-KISAN through direct benefit transfer to Aadhaar linked bank accounts

Rs. 17000 Crore transferred by PM Narendra Modi to nearly 8.5 Crore farmers under PM-KIASN through direct benefit transfer to Aadhaar linked bank accounts

Prime Minister Narendra Modi today launched a new Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund of Rs. 1 Lakh Crore. The scheme will support farmers, PACS, FPOs, Agri-entrepreneurs, etc. in building community farming assets and post-harvest agriculture infrastructure.These assets will enable farmers to get greater value …

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Unlocking Online Dispute Resolution to Enhance the Ease of Doing Business

Unlocking Online Dispute Resolution to Enhance the Ease of Doing Business

Exploring the massive potential of Online Dispute Resolution (ODR) to enhance the Ease of Doing Business in India, NITI Aayog in association with Agami and Omidyar Network India held a conversation—co-hosted by Confederation of Indian Industry (CII)—with heads of legal firms and industry representatives on 8 August. ‘We are witnessing …

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IBBI amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

IBBI amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020 today. The Regulations require the committee of creditors to fix the fee payable to the liquidator. Where the fee has not been fixed by the committee of creditors, …

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India and Japan are looking to have trusted partners from authentic investors: Piyush Goyal

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The Minister of Commerce and Industry Piyush Goyal has said that India and Japan are looking to have trusted partners from authentic investors. Speaking at the third Edition of the Invest India Exclusive Investment Forum – Japan Edition, through video conference. (Digital Roadshow) for Japanese companies, he said that it …

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Foreign Direct Investment in Commercial Coal Mining in India

Foreign Direct Investment in Commercial Coal Mining in India

This is with reference to the ongoing auction process of coal mines for commercial coal mining in India, which was launched by the Nominated Authority, Ministry of Coal, Government of India in June, 2020. Foreign Direct Investment (FDI) Policy, 2017 was amended vide the Press Note 4 of 2019, issued …

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Government working with RBI on Industry’s need for loan restructuring: Finance Minister Nirmala Sitharaman

Government working with RBI on Industry’s need for loan restructuring: Finance Minister Nirmala Sitharaman

The Union Minister of Finance and Corporate Affairs Nirmala Sitharaman today said that the government is working with RBI on the Industry’s need for the restructuring of loans due to the COVID-19 impact. While addressing the National Executive Committee Meeting (NECM) of the Federation of Indian Chambers of Commerce and …

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Finance Minister Nirmala Sitharaman attends the 5th Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank

Finance Minister Nirmala Sitharaman attends the 5th Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank

Union Minister of Finance & Corporate Affairs Nirmala Sitharaman attended the 5th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) through video conference in New Delhi today. Every year at the Annual Meeting, the Board of Governors meet to take key decisions that impact the …

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