Foreign investments

Invest Karnataka 2022

Invest Karnataka 2022 summit was virtually inaugurated by Prime Minister Narendra Modi recently. What is Invest Karnataka 2022? The Invest Karnataka 2022 summit is a global investment summit that is organized in Bengaluru to attract foreign investments and create a ..

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ADB assures 2.2 billion USD loan to India

India had earlier approached Asian Development Bank and Asian Infrastructure Investment Bank for loans to fight against COVID-19. With India’s request, the ADB has assured a loan of 2.2 billion USD. Highlights The funds are to be used to help ..

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Land Acquired from Tamil Nadu and Uttar Pradesh Defence Corridors to increase Defence Production

On March 23, 2020, the Defence Ministry announced in the Parliament that it has acquired land from the State Governments of Uttar Pradesh and Tamil Nadu. As Land is state subject, it is important for the centre to acquire land ..

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DefExpo-2020 Outcomes reported at the Parliament

On March 16, 2020, the Raksha Rajya Mantri Shri Shripad Naik submitted the outcomes of DefExpo-2020 at Rajya Sabha as a written reply. This year DefExpo-2020 was organized in Lucknow, Uttar Pradesh under the theme Theme: Digital Transformation of Defence ..

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Cabinet Approval: To amend Companies Act, 2013

On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 ..

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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. ..

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