FDI Policy Current Affairs, GK & News
The Forex Reserves of India are increasing and are to hit 500 billion USD soon. In May 2020, the Indian Forex Reserves touched an all time high of 493 billion USD. What is Foreign Exchange Reserve? The Foreign Exchange Reserves are the reserve assets that are held by the central bank in foreign currencies. It ..
Month: Current Affairs - June, 2020
Category: International Current Affairs
The United Nations Conference on Trade, Investment and Development has warned that the Foreign Direct Investment flows all over the world will reduce by 15% due to Corona Virus. According to the organization, the outbreak could cost 2 trillion USD to the global economy. Highlights The United Nations earlier pointed out that the growth of ..
Category: Economy & Banking Current Affairs
According to Department of Industrial Policy & Promotion (DIPP), foreign direct investment (FDI) in India increased to US $61.96 billion in 2017-18. FDI inflow in previous fiscal was US $60 billion. In last four years perod, FDI inflows has jumped to US 4222.75 billion from US $152 billion. Key Facts The main sectors that received ..
Month: Current Affairs - June, 2018
The Union Cabinet has given its approval for simplification and liberalisation of the Foreign Direct Investment (FDI) Policy, 2016 in various sectors announced in June, 2016. The radical amendments to FDI policy are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. Its main aim ..