Page-2 of Foreign Direct Investment (FDI)
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
UN: India is 5th largest FDI recipient in 2020
As per UN report, India received USD 64 billion in foreign direct investments (FDI) in 2020. It has emerged the fifth largest recipient of FDI inflows across the world. World Investment Report 2021 “World Investment Report 2021” was released by ..
Month: Current Affairs - June, 2021
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 ..
Month: Current Affairs - April, 2021
Rajya Sabha passes Insurance Amendment Bill
The Rajya Sabha has passed the “Insurance Amendment Bill 2021”. The Bill will amend the Insurance Act, 1938. The bill was passed even after the Opposition parties was criticising the bill for its clause that enable “control and ownership” by ..
Month: Current Affairs - March, 2021
What is IAIS?
International Association of Insurance Supervisors (IAIS) is a voluntary membership organisation of insurance supervisors and regulators from more than 200 jurisdictions constituting 92% of the world’s insurance premiums. It is the international standard setting body in charge of developing and ..