India has turned up as the 12th largest holder of US government securities at the end of April, keeping worth 157.4 billion dollars. While the holding reached a record high of 177.5 billion dollars in February, the same was highly decreased in March.
Indian executives, along with representatives from enforcement agencies, on 20th June, visited the virtual 32nd special Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) plenary meeting, under the aegis of the Financial Action Task Force.
India, which has been selected as a non-permanent member of the Security Council, will appoint as the president of the powerful 15-nation UN body for the month of August 2021.
India and China have raised their nuclear arsenal over the last year, as per to theStockholm International Peace Research Institute (SIPRI). The Swedish think-tank that researches on conflict, armaments and arms charge also aimed out on Monday that China is significantly modernizing its nuclear arsenal.
India joined international and multi-stakeholder initiative Global Partnership for Artificial Intelligence (GPAI) as its founding member on June 15, 2020. By becoming the founding member of the action, India has joined the leading nations of the world along with the UK, EU, US, Australia among others.
Indiagot USD 51 billion in foreign investment in 2019 and was the world’s 9th largest recipient of foreign direct investments (FDI) in 2019, as per a report by the UN’s trade body.
India, along with 12 other countries, has led an initiative here targeted at spreading fact-based content to counter misinformation on the coronavirus, with over 130 nations supporting the global call to fight the “infodemic” associating to the COVID-19 pandemic.
India retains to place 43rd on an annual World Competitiveness Index arranged by Institute for Management Development (IMD) with some traditional weaknesses like bad infrastructure and inadequate education investment keeping its ranking low.