Contact Your Financial Adviser Money Making MC
20
February 2019
 |
FDI
(The Total Investment & Insurance Solutions)
Foreign direct investment (FDI) into
Indiacontracted by 7 per cent to USD 33.49 billion during AprilDecember in the
current fiscal, according to commerce and industry ministry data. Foreign fund
inflows during April-December 2017-18 stood at USD 35.94 billion.
The key sectors that received the maximum
foreign investment during the nine months of the fiscal include services (USD
5.91 billion), computer software and hardware (USD 4.75 billion),
telecommunications (USD 2.29 billion), trading (USD 2.33 billion), chemicals
(USD 6.05 billion), and the automobile industry (USD 1.81 billion).
Singapore was the largest source of FDI during
April-December 2018-19 with USD 12.97 billion inflow, followed by Mauritius
(USD 6 billion), the Netherlands (USD 2.95 billion), Japan (USD 2.21 billion),
US (USD 2.34 billion), and the UK (USD 1.05 billion). A decline in foreign
inflows could put pressure on the country's balance of payments and may also
impact the value of the rupee.The Total
Investment & Insurance Solutions
No comments:
Post a Comment