foreign funds Current Affairs, GK & News
Injeti Srinivas Committee submits report
On October 22, 2020, the Injeti Srinivas Committee submitted its second interim report to the chairperson of International Financial Services Centres Authority (IFSCA). It was an IFSCA Expert Committee that was constituted to study about the international retail business development in IFSC. Background The committee as constituted to make recommendations on promoting international retail business ..
Month: Current Affairs - October, 2020
Category: Reports & Indexes Current Affairs
Topics: foreign funds • Foreign Investment • GIFT • Gift City • IFSC • Injeti Srinivas • Insurance Companies • NRI investments
June 16: International Day of Family Remittances
Every year, the International Day of Family Remittances is observed on June 16 by the United Nations. The day is observed all over the world. This year the day is celebrated under the theme Theme: Remittances are a lifeline Highlights The day is celebrated to recognize the efforts of migrants living abroad and help improve ..
Month: Current Affairs - June, 2020
Category: Important Days & Events Current Affairs
Topics: foreign funds • Gulf Countries • Indian diaspora • International Day of Family Remittances • NRI deposits • NRIs • OCI • Remittance • remittances • Role of Indian Diaspora in building a New India
India-US Economic and Financial Partnership Meeting held
The 7th India-US Economic and Financial partnership meeting was held in New Delhi. It was Co-chaired by Finance Minister Nirmala Seetharaman and US Secretary Steven T Minuchin. The leaders took efforts to improve mutual cooperation on wide range of multilateral subjects. It included combating financing of terrorism and anti-money laundering. Highlights India and US discussed ..
Month: Current Affairs - November, 2019
Category: International / World Current Affairs
Topics: Economic development • Finance Ministry • foreign funds • India-US • Indo- US Investment Initiative • nirmala sitaraman • Public Sector Banks • Smart city
SEBI new rule to impact foreign funds
The Securities and Exchange Board of India (SEBI) notified that only FPIs – Foreign Portfolio Investors located in FATF countries or managed by an enterprise based under FATF jurisdiction can deal in Participatory Notes. Participatory Notes are financial instruments required by investors to invest in Indian stock markets without being registered with SEBI. Effects of ..
Month: Current Affairs - October, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: FATF • foreign funds • Foreign Portfolio Investmen • FPI • HR Khan committee • Participatory Notes • SEBI