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Union Cabinet: MoU between India and Spain in Astronomy approved

November 4, 2020

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 ..

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India will stop importing 101 Defence weapons and platforms

August 10, 2020

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 ..

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Govt in talks to encourage FDI for rental housing scheme

August 5, 2020

The government is all set to encourage the access of the Foreign Direct Investment in the rental housing project of the Union Government. The facilities available for affordable housing will be extended to the rental housing scheme. Details of the ..

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US FDI in India Crosses $40 Billion Mark in 2020: Report

July 18, 2020

The Foreign Direct Investment (FDI) from the US to India has crossed the $40 billion mark till date this year. It shows the growing confidence of the US in the Indian companies. The figures were published by an India-centric business ..

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Google to invest 10 billion USD in India

July 13, 2020

On July 13, 2020, PM Modi interacted with the CEO of Google, Mr Sundar Pichai. After the interaction, the CEO announced that Google is to invest 10 billion USD in India in the future. Highlights The investment will mainly focus ..

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Defence Conclave, 2020 in Gujarat

June 26, 2020

On June 25, 2020, the Raksha Rajya Mantri Shri Shripad Naik inaugurated a two-day Defence Conclave 2020 in Gujarat. Highlights The minister addressed the conference virtually. The conclave was organized by the Confederation of Indian Industry and Society of Indian ..

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The World Investment Report 2020

June 16, 2020

In the post-pandemic period, a lower but positive economic growth will be seen in India, and India’s large market will continue to attract market-seeking investments. this according to The World Investment Report 2020 by UN Conference on Trade and Development ..

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World Investment Report released by UNCTAD

June 16, 2020

On June 16, 2020, the United Nations Conference on Trade and Development released its World Investment Report, 2020. According to the report, India is the 9th largest recipient of FDI in 2019. Key Findings: India According to the report, the ..

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