FDI Current Affairs, GK & News
Gujarat and Rajasthan Emerge as Top Investment Destinations in India
According to data from the Centre for Monitoring Indian Economy (CMIE), Gujarat has surpassed all other Indian states in attracting new investments from both domestic and foreign corporations. Fresh investments worth Rs 3.98 trillion were announced for Gujarat during the financial year (FY) 2022, representing a 273 percent increase over the FY 2021 figure of ..
Month: Current Affairs - January, 2023
Category: Reports & Indexes Current Affairs • States Current Affairs
Topics: CMIE • Economic growth • FDI • Gujarat • Industry • Investment • Investment Destination • mineral production • Rajasthan • Skilled Workforce
India’s FDI Inflow in Fiscal year 2021-22
The Ministry of Commerce and Industry said that India’s Foreign Direct Investment [FDI] inflow in the Financial Year 2021-22 reached an all-time high of USD 83.57 billion, despite the Russia-Ukraine war and Covid-19 pandemic. This shows that India’s image is favorable among global investors. How much is the increase in FDI inflow? India’s foreign investment ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: FDI • Foreign Direct Investment (FDI) • Karnataka • Mauritius • Reforms • Singapore
India’s Pharma Exports in 2021-22
India’s pharma sector recorded its best-ever export performance in 2021-22. What is the growth of India’s Pharma sector? India’s pharma sector witnessed a growth of 103% since 2013-14, from Rs. 90, 415 crores in 2013-14 to Rs. 1,83,422 crore in 2021-22. India’s pharma exports in 2021-22 sustained positive growth despite the global trade disruptions. The ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: FDI • generic medicines • Pharma • USFDA
Foreign direct investment in LIC
The Government of India recently decided to allow 20% Foreign Direct Investment (FDI) in LIC (Life Insurance Corporation). This is to be done by amending the Foreign Exchange Management Rules (FEMA). What is the plan? The DFS, DIPAM are to create a plan to amend the FDI in insurance sector after consulting DPIIT. DFS is ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Companies Act 2013 • Corporate • Department for Promotion of Industry & Internal Trade (DPIIT). • Department of Investment and Public Asset Management (DIPAM) • DIPAM • DPIIT • FDI • Foreign direct investment • Foreign Exchange Management Act • Insurance • LIC • LIC Act 1956 • Life Insurance Corporation (LIC)
Kochi Water Metro Project
The Kochi Water Metro Project is a ferry transport project. It provides feeder service to the suburbs. With this Kochi has become the first city in India to launch water metro project. About the Project The project is operated by the Kochi Metro Rail Limited. 15 routes are identified under the project. It connects ten ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: FDI • Foreign Investment • Kerala • Kochi Water Metro project • Metro
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 ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: FDI • Foreign Direct Investment (FDI) • Foreign Portfolio Investment • FPIs • National Securities Depository Limited