Centre Appoints R. Doraiswamy as LIC Managing Director The recent appointment of R. Doraiswamy as the Managing Director of Life Insurance Corporation of India (LIC) marks a significant development in the financial sector of the country. This decision has far-reaching implications, not only for the insurance industry but also for aspirants preparing for various government…
India Russia Business Dialogue 2023: Boosting Economic Ties The India-Russia Business Dialogue 2023 was held in New Delhi on April 28, 2023. The event was organized by the Confederation of Indian Industry (CII) in partnership with the Ministry of Commerce and Industry, the Government of India, and the Ministry of Economic Development of the Russian…
India-Spain Joint Commission for Economic Cooperation The 12th session of the India-Spain Joint Commission for Economic Cooperation was held in New Delhi. The meeting was co-chaired by the Union Minister of Commerce and Industry, Piyush Goyal, and the Minister of Industry, Trade and Tourism of Spain, Reyes Maroto. The meeting aimed to enhance bilateral economic…
Bahrain Golden License : Bahrain Launches “Golden License” to Attract Large-Scale Investment Projects Bahrain has launched a new initiative called “Golden License” to attract large-scale investment projects. The initiative aims to streamline the investment process and provide more flexibility to investors. It is a step towards boosting the country’s economy by attracting more foreign investment….
Economic Survey 2021-22: Meaning, Importance, and Highlights The Economic Survey 2021-22, tabled in Parliament on January 31, 2022, is an important document that highlights the economic performance of the country over the past year and outlines the roadmap for the upcoming financial year. The survey is an annual exercise undertaken by the Ministry of Finance,…
Alibaba Sells Stake in Paytm Worth $125 Million Alibaba Sells Stake in Paytm | Alibaba, the Chinese multinational conglomerate, has sold its stake in Indian digital payment company, Paytm, worth $125 million through a block deal. This sale comes as a surprise, given that Alibaba has been a long-term investor in Paytm, having first invested…
