FDI
Gujarat and Rajasthan Emerge as Top Investment Destinations in India
According to data from the Centre for Monitoring Indian Economy (CMIE), Gujarat has surpassed all other Indian states in attracting new investments from both domestic and foreign corporations. Fresh investments worth Rs 3.98 trillion were announced for Gujarat during the ..
Month: Current Affairs - January, 2023
Category: India Nation & States Current Affairs • Reports & Indexes Current Affairs
India’s FDI Inflow in Fiscal year 2021-22
The Ministry of Commerce and Industry said that India’s Foreign Direct Investment [FDI] inflow in the Financial Year 2021-22 reached an all-time high of USD 83.57 billion, despite the Russia-Ukraine war and Covid-19 pandemic. This shows that India’s image is ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs
India’s Pharma Exports in 2021-22
India’s pharma sector recorded its best-ever export performance in 2021-22. What is the growth of India’s Pharma sector? India’s pharma sector witnessed a growth of 103% since 2013-14, from Rs. 90, 415 crores in 2013-14 to Rs. 1,83,422 crore in ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs
Foreign direct investment in LIC
The Government of India recently decided to allow 20% Foreign Direct Investment (FDI) in LIC (Life Insurance Corporation). This is to be done by amending the Foreign Exchange Management Rules (FEMA). What is the plan? The DFS, DIPAM are to ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Kochi Water Metro Project
The Kochi Water Metro Project is a ferry transport project. It provides feeder service to the suburbs. With this Kochi has become the first city in India to launch water metro project. About the Project The project is operated by ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
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
IRDAI: Health Insurance and Motor Insurance Filing Process Standardised
The Insurance Regulatory and Development Authority of India (IRDAI) recently standardised the technical notes for filing health and motor insurance policies. The IRDAI has lately been taking up several initiatives to standardise the health insurance products in the country. This ..
Month: Current Affairs - April, 2021
Impact of EU-UK Brexit Deal in India
India is to emerge as the net-gainer from the Brexit deal recently signed between the European Union and United Kingdom. Impact on India The gains for India from the EU-UK Brexit deal are mainly in the service sector. This is ..
Month: Current Affairs - December, 2020
Union Cabinet: MoU between India and Spain in Astronomy approved
On November 4, 2020, the Union Cabinet chaired by PM Modi approved the Memorandum of Understanding signed between India and Spain. The MoU will facilitate scientific and technical collaborations between the countries in the field of Astronomy. Key Highlights The ..
Month: Current Affairs - November, 2020
India will stop importing 101 Defence weapons and platforms
India has announced a negative arms import list under which acquisition of 101 weapons systems and platforms from abroad will be banned from December 2020 to December 2025. The objective is to boost the domestic manufacturing of defence weapons in ..