The SWIFT system stands for the Society for Worldwide Interbank Financial Telecommunication. It is the world's leading provider of secure financial messaging services.
Sustainable Development Solutions Network (SDSN) has released its 6th Edition of 'Sustainable Development Report 2021 (SDR 2021). India has been ranked at 120th position in the Sustainable Development Report 2021 or Sustainable Development Index 2021.
The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
The India Global Forum (IGF) event is scheduled in Bengaluru. Minister of State for Electronics and IT, Rajeev Chandrasekhar is set to attend the event and interact with the founders and CEOs of 30 unicorns during the event.