Page-2 of Foreign Investment
RBI releases International Investment Position
On June 30, 2020, Reserve Bank of India released its data on International Investment Position, IIP. Highlights According to the data, the direct investment in the country rose by 19 billion USD and the portfolio investment declined by 13.7 billion ..
Month: Current Affairs - July, 2020
GoI amends General Financial Rules
On May 21, 2020, the Government of India amended General Financial Rules to make sure the goods and services that are of value less than Rs 200 crores are procured from domestic firms. Highlights The GFR 2017 (General Financial Rules) ..
Month: Current Affairs - May, 2020
Claims against India under Bilateral International Treaty dismissed
The Bilateral International Treaty organization, an international arbitration tribunal recently dismissed all the claims against India. Highlights The claims against India was brought the organization by private firms in Cyprus and Russia. The claims were under Agreement between Government of ..
Month: Current Affairs - January, 2020
Global Bio-India Summit: India’s first largest biotechnology conference
India’s largest biotechnology conglomerate was held in New Delhi between 21 November, 2019 and 23 November, 2019. The event was organized by the Department of Bio Technology under Ministry of Science and Technology along with BIRAC (Biotechnology Industry Research Assistance ..
Month: Current Affairs - November, 2019
Haryana Government sets up new Foreign Cooperation Department
The Haryana Government has created a new department called Department of Foreign Cooperation. The aim of the department is to focus on initiatives that are taken by the state that promotes welfare of non-Resident Indians, investment and youth employment. Key ..
Month: Current Affairs - November, 2019
First BIMSTEC Ports Conclave at Visakhapatnam
Between November 7 and November 8, 2019, the Ministry of shipping is hosting the first ever BIMSTEC Ports’ Conclave. The Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation is an international organization that involves South East Asian and ..