New Delhi, June 11 (IANS) India’s strategy of signing Free Trade Agreements (FTAs) with developed economies is aimed at supporting the country’s long-term growth ambitions by expanding global engagement, attracting investments, promoting innovation, improving quality standards and creating employment opportunities, Union Commerce and Industry Minister Piyush Goyal said on Thursday.Addressing the closing session of the 5th Annual Meeting of India Global Innovation Connect here, Goyal said the…
Latest Developed Economies News & Updates
United Nations, Jan 22 (IANS) Foreign Direct Investment (FDI) in India surged by 73 per cent last year, bringing in $47 billion, according to UNCTAD.The increase was “mainly due to large investments in services — including finance, IT (information technology), and R&D (Research and Development) — as well as manufacturing, supported by policies aimed at integrating India into global supply chains”, the UN trade agency said in a report released on Tuesday.India’s FDI growth rate was am…