FICCI Current Affairs - 2020

Indian Accounting Standards amended

On July 26, 2020, Ministry of Corporate Affairs, Government of India amended the Indian Accounting Standards related to leasing. The Ind-AS 103, 116 and other standards have been amended. Highlights The Ind-AS 103 is related to business combinations. On the other hand, Ind-AS 116 standard is related to principles for presentation, recognition and disclosure of Read More…

June 9: World Accreditation Day

Every year, the World Accreditation Day is celebrated on June 9. The initiative of celebrating the day was launched by the International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC). This year the day was celebrated under theme Theme: Accreditation, Improving Food Safety India In India, the day was celebrated by the Quality Read More…

Empowered Group constituted to coordinate COVID-19 related Response Activities

On April 5, 2020, the Government of India constituted an empowered group under the chairmanship of NITI Aayog CEO Amitabh Kant. The group will coordinate with NGOs, private sector and international organizations for COVID-19 related response activities. Highlights The Group consists of three branches of stakeholder. In the first group, the stakeholders are from UN Read More…

India-Central Asia Business Council launched in New Delhi

The Ministry of External Affairs along with FICCI (Federation of Indian Chambers of Commerce and Industry) recently launched the India-Central Asia Business Council. They were joined by 5 countries namely Tajikistan, Uzbekistan, Turkmenistan, Kazakhstan and Kyrgyz Republic. The Council will act as a common platform for the businesses of Central Asia and India. Highlights According Read More…

First Session of India-Norway Dialogue held in New Delhi

Between January 15, 2020 and January 16, 2020, the first session of India-Norway trade and investment dialogue was held in New Delhi. It was the first meeting of the countries after they signed an agreement in 2019. Highlights India and Norway signed Dialogue of Trade and Investment when Norway Prime Minister visited India in 2018. Read More…

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