Page-5 of FDI
DPIIT notifies 100% Foreign Direct Investment in Insurance Intermediaries
The Department for Promotion of Industry and Internal Trade (DPIIT) operating under Ministry of Commerce and Trade has amended the FDI (Foreign Direct Policy) to allow 100% foreign investment for insurance intermediaries. This includes insurance companies, third party administrators, insurance ..
Month: Current Affairs - February, 2020
DefExpo 2020: Uttar Pradesh is to sign 23 MoUs and create 3 lakh job opportunities
The DefExpo was inaugurated by PM Modi on February 5, 2020. During the Defence Exhibition the Uttar Pradesh Government is to sign 23 MoUs. The agreements will bring in Rs 50,000 crores of investment. This will bring in job opportunities ..
Month: Current Affairs - February, 2020
UNCTAD releases Global investment Trend report: India among top 10 recipients of FDI
On January 20, 2020, the United Nation Conference on Trade and Development released its report on Global Investment Trend Monitor Report for the year 2019. The Global FDI of the year 2019 was 1.39 trillion USD. This has declined by ..
Month: Current Affairs - January, 2020
Industrial Meet of ‘Wings India’-Asia’s largest Civil Aviation Event held at Bengaluru
On January 18, 2020, the Industrial meet of the Asia’s largest Civil Aviation was held in Bengaluru. The Civil Aviation event is to be held at Begumpet airport, Hyderabad in March 2020. The theme of the event will be Theme: ..
Month: Current Affairs - January, 2020
India-Norway Dialogue on Trade and Investment’s 1st session conducted in New Delhi
On 8th January 2020, during the visit of Prime Minister of Norway in New Delhi, the Terms of Reference (ToR) was signed between India and Norway and based on this Terms of Reference, the first session of India-Norway Dialogue on ..
Month: Current Affairs - January, 2020
World Bank Study: Effect of Automation on FDI flows
On January 6, 2020, the World Bank released its study on how FDI flows are affected in the world due to automation. The study concluded that automation will certainly disrupt the flow of capital from rich countries to poor countries. ..