Daily GK Update: 21st January 2020

Indian Air Force inducts BrahMos-armed Sukhoi-30MKI fighter squadron at Tamil Nadu’s Thanjavur

  • The Sukhoi-30MKI fighter aircraft was inducted at Thanjavur airbase equipped with ‘special weapon’ BrahMos supersonic cruise missile that will manage the requirements in the Indian Ocean on Monday.
  • Speaking at the induction ceremony of first SU-30 at the Thanjavur airbase, Air Chief Marshal Rakesh Kumar Singh Bhadauria said, “The decision to deploy the Su-30 MKI at Thanjavur was taken due to its strategic location. The SU-30 MKI inducted here is equipped with special weapon (BrahMos supersonic cruise missile).”

Source: India Today

India attracted $49 billion FDI in 2019, among top 10 recipients of overseas investment: UNCTAD

  • The United Nations Conference on Trade and Development (UNCTAD) on Monday said that India was among the top 10 recipients of Foreign Direct Investment (FDI) in 2019, attracting $49 billion in inflows, a 16% increase from the previous year, driving the FDI growth in South Asia. The majority went into services industries, including information technology.
  • UNCTAD, in its Global Investment Trend Monitor report said that the global foreign direct investment remained flat in 2019 at $1.39 trillion, a 1% decline from a revised $1.41 trillion in 2018.

Source: The Economic Times