Topic: 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...
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...
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...
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...
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...
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...
India-EU Summit: EU President calls on PM Modi
On December 21, 2019, the EU President called on PM Modi to discuss regarding an early India-EU summit 2020. It is expected that the leaders will discuss on...
Golden Card Permanent Residency Scheme
The United Arab Emirates (UAE) launched ‘Golden Card’ Permanent Residency Scheme in an attempt to woo wealthy individuals and exceptional talents from all over the world. Key Highlights...RBI eases investment norms for foreign portfolio investors (FPIs) in debt
The Reserve Bank of India (RBI) has eased investment norms for foreign portfolio investors (FPIs) in debt, especially into individual large corporates. This move is aimed at attracting...
RBI eases FEMA norms to spur investment from overseas
The Reserve Bank of India (RBI) has simplified Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations to make it easier for...
India’s Forex reserves cross $400 billion for first time
According to Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserves have crossed $400 billion mark for the first time. The increase was due sharp rise in...