Foreign Direct Investment (FDI)
SCO Meet: India invites Pakistan, China
The Shanghai Cooperation Meet is to be held in August 2023 under India’s chairmanship. 2023 is India’s year as the country is hosting two major international meets the SCO and the G-20. The Global South looks up to these meetings. ..
Month: Current Affairs - January, 2023
Category: International / World Current Affairs
Make in India completes 8 years
The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
UNCTAD World Investment Report -Highlights
According to United Nations Conference on Trade and Development (UNCTAD), India has jumped by one position to 7th in year 2021, among the top recipients of foreign direct investment (FDI). Key Facts UNCTAD announced in its latest World Investment Report, which was ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
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 ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs
UNCTAD ‘Investment Trends Monitor’ Report
The UN Conference on Trade and Development (UNCTAD) Investment Trends Monitor was published on January 19, 2022. Key findings of the report As per report, in 2021 the Foreign Direct Investment (FDI) flows to India were 26 per cent lower ..
Month: Current Affairs - January, 2022
Category: Reports & Indexes Current Affairs
Cabinet approves relief package for Telecom Companies
The Union cabinet has approved a relief package for telecom sector on September 15, 2021. The relief package includes a four-year moratorium on payment of statutory dues by telecom companies. Highlights Cabinet has also allowed 100 percent foreign investment (FDI) ..
Month: Current Affairs - September, 2021
DPIIT starts project on Open Network for Digital Commerce (ONDC)
Department for Promotion of Industry and Internal Trade (DPIIT) has launched a project on Open Network for Digital Commerce (ONDC). Aim of ONDC project Project on Open Network for Digital Commerce was launched with the aim of promoting open networks ..
Month: Current Affairs - July, 2021
RBI Report: India’s Current Account surplus of 0.9% of GDP in FY21
As per data released by Reserve Bank of India (RBI), India has reported a current account surplus of 0.9 per cent of GDP in the Financial Year 2021 (FY21) amid the covid-19 pandemic. In 2020, it has reported current account ..
Month: Current Affairs - July, 2021