At the United Nations Conference on Trade and Development (UNCTAD), India jumped one place to the 7th position as the top recipient of foreign direct investment (FDI) in the last calendar year (2021).
Chennai-based drone startup Garuda Aerospace Pvt Ltd on June 22 announced that it has teamed up with Malaysia-based HiiLSE Global Sdn Bhd (HiiLSE Drones) to set up a 2.42 hectares drone factory in Malaysia with an investment of Rs 115 crore.
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has extended the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) scheme for another six months, till September 2022.
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