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INDIA NEEDS TO WIN BACK FOREIGN INVESTORS Syllabus: GS 3: Indian economy and related issues. Balance of Payment . Why in the News? The Union government recently increased the effective import duty on gold from 6% to 15% to reduce imports and ease pressure on India’s balance of payments amid rising oil prices and external …
Read MoreTaiwanese Firm to Invest ₹1,000 Crore in Karnataka’s Industrial Park In a significant move aimed at strengthening India’s position in the global electronics and semiconductor value chain, the Allegiance Group, a Taiwanese firm, has signed an agreement with the Karnataka government to invest ₹1,000 crore in the development of an India-Taiwan Industrial Park (ITIP). This …
Read MoreGlobal Investors Reassess Confidence in U.S. Assets Why in the News ? In the first 100 days of Donald Trump’s presidency, market volatility, trade tensions, and criticism of the Fed have led some global investors to diversify away from U.S. assets, raising concerns about a potential long-term shift. Market Reactions to Trump’s First 100 Days: …
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