What’s in the news?

• Union Minister for Commerce & Industry Piyush Goyal is participating in the 2nd India Singapore Ministerial Roundtable (ISMR).
• Singapore has been a major source of FDI for India. 
• In the year 2023-24, Singapore was the largest source of foreign direct investment (FDI) for India, with an estimated $11.77 billion in inflows. 
• In bilateral trade, Singapore was the 6th largest global trade partner of India in 2023-24 with a total trade of $35.61 billion.

https://pib.gov.in/PressReleasePage.aspx?PRID=2048809