Google to invest 10 billion USD in India

On July 13, 2020, PM Modi interacted with the CEO of Google, Mr Sundar Pichai. After the interaction, the CEO announced that Google is to invest 10 billion USD in India in the future. Highlights The investment will mainly focus ..

Month: Current Affairs - July, 2020

Defence Conclave, 2020 in Gujarat

On June 25, 2020, the Raksha Rajya Mantri Shri Shripad Naik inaugurated a two-day Defence Conclave 2020 in Gujarat. Highlights The minister addressed the conference virtually. The conclave was organized by the Confederation of Indian Industry and Society of Indian ..

Month: Current Affairs - June, 2020

The World Investment Report 2020

In the post-pandemic period, a lower but positive economic growth will be seen in India, and India’s large market will continue to attract market-seeking investments. this according to The World Investment Report 2020 by UN Conference on Trade and Development ..

Month: Current Affairs - June, 2020

World Investment Report released by UNCTAD

On June 16, 2020, the United Nations Conference on Trade and Development released its World Investment Report, 2020. According to the report, India is the 9th largest recipient of FDI in 2019. Key Findings: India According to the report, the ..

Month: Current Affairs - June, 2020

Forex Reserves of India are rising

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 ..

Month: Current Affairs - June, 2020

First 12,000 HP Electric Loco operationalized by Indian Railways

On May 19, 2020, the Indian Railways operationalized the first 12,000 HP electric locomotive. The locomotive was built by the French Alstom Company under the Make in India initiative. Highlights The locomotive was manufactured at the Madhepura Electric Locomotive in ..

Month: Current Affairs - May, 2020