Tag Archives: foreign direct investment

Context: The Bilateral Investment Treaty (BIT) 2024 between India and the UAE has replaced the earlier Bilateral Investment Promotion and Protection Agreement (BIPPA), aimed at fostering stronger economic cooperation between the two nations. The UAE, accounting for 3% of India’s total FDI, has invested around $19 billion in India between …

Context (TH): Recent government decisions that prioritize imports over local production could undermine India’s domestic pharmaceutical sector and potentially result in increased drug prices. Ensuring the availability of affordable medications is vital in India, where out-of-pocket health expenditures made up nearly 47.1% of total spending in 2021. Current Scenario India, …