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Foreign direct (FDI) inflows into India rose 9.8% to a record $81.7 billion in 2020-21 on a gross basis on the back of record investment into companies such asReliance Jio.
Fresh Equity inflows are estimated to have

increased by an impressive 19% to $59.6 billion, while reinvested earnings went up 14% to $16.2 billion.

Singapore was the top source, which is now followed by the United States with Mauritius once the dominant source of FDI due to tax benefits under the tax avoidance treaty pushed to the third spot.

In terms of Growth, inflows from Saudi Arabia. jumped from $90 million in 2019-20 to $2.8 billion last year. And with E-Commerce and IT being the major draw for overseas investors looking to tap into the India consumption story, computer Software and hardware emerged as the most attractive sector to invest, cornering nearly 44% of the FDI equity inflows. Next was construction (Infrastructure), which accounted for a 13% share. Among the states it was Gujarat that was the top recipient, according to the Centres data, accounting for 37% of the inflows, followed byMaharashtra(27%) and Karnataka (13%).

The government has been seeking to bolster FDI especially in the manufacturing sector and some of the investments are related to companies such asApples vendors

andSamsungpumping in funds to set up bigger production facilities for mobiles and electronics goods.

The government has identified close to 1,000 companies and is working withInvest Indiato tap companies that are seeking to diversify their production bases.

Shri Parshottam Rupala, the Union Minister of , Animal Husbandry & Dairying, launched two significant initiatives: the Animal Pandemic Preparedness Initiative (APPI) and the Animal Health System Support for One Health (AHSSOH) project, which is funded by the World Bank. The

launch event will take place at the India Habitat Center in New Delhi and will be held under the National One Health Mission

The Department of Animal Husbandry and Dairying has partnered with the World Bank on a collaborative project called the Animal Health System Support for One Health (AHSSOH), which aims to establish an ecosystem for better animal health management

through the One Health approach.

The project will be carried out in five states and will focus on enhancing the capacity building of stakeholders involved in animal health and disease management. It also calls for the participation of the Human Health, Forest and Environment Department at the national, regional, and local levels to create and strengthen the One Health architecture, including community engagement.

Prime Minister Narendra Modi launched Rajasthans first Vande Bharat Express train via video conferencing, which is the 15th such train in the country. The prime minister emphasized that the Vande Bharat Express symbolizes development, modernity, self-reliance, and stability, enriching the spirit of India First, Always First. He also mentioned that the train will greatly benefit Rajasthans tourism

Modi highlighted that this was the

sixth Vande Bharat Express launched in the past two months, and that in the past, the modernization of the railways had been hindered by selfish and corrupt politics. Large-scale Corruption had prevented the railways from developing and had made the selection process non-transparent, he added

According to a report by the Association for Democratic Reforms (ADR), out of the 28 state chief ministers and two union territories, 29 of them are millionaires in India. Jagan Mohan Reddy from Andhra Pradesh is the richest among them with assets worth 510 crore, while Mamata Banerjee, the Chief Minister of West Bengal, has the lowest assets worth around 15 lakh. The report also noted that Jammu and Kashmir, which is a Union Territory, does not have a chief minister at present.

Out of the 30 CMs analyzed, 29 (97 percent) are crorepatis with the Average assets being 33.96 crore for every CM, the ADR said. Out of the 30 CMs analyzed, 29 (97 percent) are crorepatis with the average assets being 33.96 crore for every CM, the ADR said

The top three chief ministers in terms of assets are Andhra Pradeshs Jagan Mohan Reddy (over 510 crore), Arunachal Pradeshs Pema Khandu (over 163 crore), and Odishas Naveen Patnaik (over 63 crore), according to the ADR

The Philippines and the United States have launched their largest-ever joint military exercises, called Balikatan, involving nearly 18,000 troops to counter Chinas growing assertiveness in the region. The annual drills, which include a live-fire exercise in the South China Sea, are being held for the first time under President Ferdinand Marcos, who seeks to strengthen ties with the US. The maneuvers include military helicopters landing on the Philippine island of Luzon and the retaking of an island by amphibious forces

The exercises follow Chinas three-day military exercise, which simulated targeted strikes and a blockade of Taiwan, which Beijing considers part of its territory.

While the joint news conference did not address questions about the Taiwan tensions, U.S. troops will be allowed to use four Philippine military bases under the agreement, including a naval base near Taiwan

Prime Minister Narendra Modi dedicated World`s longest RAILWAY platform of 1.5 kilometres at Sri Siddhaarooda railway station in Hubballi in the state of Karnataka. The inauguration of the platform was done during the PMs Karnataka visit in the presence of Union Minister Pralhad Joshi. It is to be noted that Indian Railways, South Western Railway Zones Hubbali is now registered in the Guinness Book of World Records for having the longest platform.

The worlds longest railway platform will cater to the transportation

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