Indian Economy News

May 23, 2022

India gets the highest annual FDI inflow of USD 83.57 billion in FY21-22

In FY 2021-22, India received the highest ever annual FDI inflow of US$ 83.57 billion.

Govt's 8 years dedicated to balanced development, social justice: PM Modi

Prime Minister Mr. Narendra Modi said that the BJP-led NDA dispensation has dedicated eight years to the country's balanced development, social justice, and social security.

Piyush Goyal to lead Indian delegation at World Economic Forum, Davos

Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Mr. Piyush Goyal, will lead the Indian delegation to the World Economic Forum (WEF) in Davos, from May 22 to May 26.

Raksha Mantri exhorts youth to ideate, innovate & indigenise new technologies to achieve ‘Aatmanirbhar Bharat’

Minister of Defence, Mr. Rajnath Singh, has urged the country's youth to invent, create, and locally produce new technologies in order to fulfil Prime Minister Mr. Narendra Modi's goal of 'Aatmanirbhar Bharat.’

World's third-largest fashion brand Uniqlo plans to open smaller-sized stores in India

Uniqlo, the world’s third-largest fashion brand, plans to open smaller-sized stores in India ranging from 10,000-15,000 sq. ft.

Saudi Tourism signs MoU with EaseMyTrip

The Saudi Tourism Authority inks an MoU with EaseMyTrip to use the company's travel network to enhance inbound tourism to Saudi Arabia.