FDI from neighbouring countries
News:The Government of India has revised its existing Foreign Direct Investment policy in light of the current COVID-19 pandemic. Facts: New FDI Policy: It has made prior government approval mandatory …
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Finance Minister attends the Development Committee Meeting of the World Bank-IMF
News: The Union Finance Minister participated in the 101st Meeting of the Development Committee of the World Bank-IMF through a video conference. Facts: The main discussions were on World Bank …
Read MoreSovereign Gold Bond Scheme
News:The Government of India in consultation with the Reserve Bank of India has decided to issue Sovereign Gold Bonds. Facts: The Sovereign Gold Bond Scheme was introduced in 2015.They are …
Read MoreWorld Economic Outlook
News:The International Monetary Fund(IMF) has released the World Economic Outlook Report. Facts: The report is published twice a year. Aim: To provide analysis and forecasts of economic developments of member …
Read MoreAll India Agri Transport Call Centre
News: Ministry of Agriculture and Farmers’ Welfare launched All India Agri Transport Call Centre Facts: Aim: Facilitate coordination between states for inter-state movement of perishables. It is an initiative of …
Read MoreWhat is helicopter money?
News:Telangana Chief Minister has suggested RBI to adopt the concept of Helicopter Money to help state governments tide over the current crisis and kickstart economic activity in India. Facts: Origin: …
Read MoreIndia, US in talks for dollar swap line
News:India is working with the United States to secure a dollar (currency) swap line that would help in providing an additional comfort in an event of any abrupt outflow of …
Read MoreDeveloping Country Status
News:The US President has accused China of taking advantage of the US through the World Trade Organisation(WTO) saying that if China is considered a ‘developing country’, the US should be …
Read More6 theme-based microsites to promote tourism spots
News: Kerala has put forward six theme-based microsites in the official website to promote destination and tourism products. Facts: Aim: To boost tourism post COVID-19 pandemic Featured Microsites: Ayurveda Yoga …
Read MoreGreen Bonds
News:State Bank of India(SBI) has raised $100 million in green bonds through private placement. Facts: Green Bonds:They are fixed-income financial instruments issued for funding of specific projects which have positive …
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