FDI Current Affairs, GK & News

FPI inflows in India: Rs 2.74 lakh crores in 2021

In 2021, India has emerged as the largest recipient of Foreign Portfolio Investments. The net FPI inflow for the fiscal year 2020-21 was Rs 2.74 lakh crores. Investment in equity segment The investments in the equity segment for the year 2020-21 touched Rs 2,74,503.  This is the highest quantum of money recorded since the National ..

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IRDAI: Health Insurance and Motor Insurance Filing Process Standardised

The Insurance Regulatory and Development Authority of India (IRDAI) recently standardised the technical notes for filing health and motor insurance policies. The IRDAI has lately been taking up several initiatives to standardise the health insurance products in the country. This is mainly being done to reduce the complexities faced by the customers at the time ..

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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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