FDI Current Affairs, GK & News

Impact of EU-UK Brexit Deal in India

India is to emerge as the net-gainer from the Brexit deal recently signed between the European Union and United Kingdom. Impact on India The gains for India from the EU-UK Brexit deal are mainly in the service sector. This is because, the UK currencies are becoming cheaper. Therefore, it will be less expensive for the ..

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Union Cabinet: MoU between India and Spain in Astronomy approved

On November 4, 2020, the Union Cabinet chaired by PM Modi approved the Memorandum of Understanding signed between India and Spain. The MoU will facilitate scientific and technical collaborations between the countries in the field of Astronomy. Key Highlights The MoU was signed between the Instituto de Astrofiscia de Canarias of Spain and the Indian ..

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India will stop importing 101 Defence weapons and platforms

India has announced a negative arms import list under which acquisition of 101 weapons systems and platforms from abroad will be banned from December 2020 to December 2025. The objective is to boost the domestic manufacturing of defence weapons in the country and become self-sufficient in this arena. What are these items? The government has ..

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Govt in talks to encourage FDI for rental housing scheme

The government is all set to encourage the access of the Foreign Direct Investment in the rental housing project of the Union Government. The facilities available for affordable housing will be extended to the rental housing scheme. Details of the Scheme As per the scheme of the Union Government, the cabinet has approved a scheme ..

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US FDI in India Crosses $40 Billion Mark in 2020: Report

The Foreign Direct Investment (FDI) from the US to India has crossed the $40 billion mark till date this year. It shows the growing confidence of the US in the Indian companies. The figures were published by an India-centric business advocacy group. The US-India Strategic and Partnership Forum has come out with the report that ..

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