FDI inflows in October at $1.94 billion, up 67 percent
NEW DELHI (Reuters) - Foreign direct investment (FDI) inflows into India jumped 67 percent in October to $1.94 billion, a government statement said on Friday, but inflows for the current financial year were still down.
Total FDI inflows in the first seven months for the current fiscal year that began in April were down 42 percent from a year earlier at $14.79 billion, the statement said.
(Reporting by Manoj Kumar, editing by Anurag Kotoky)
- Tweet this
- Share this
- Digg this
Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the Reserve Bank of India (RBI) has signalled it will not ease policy until it is confident of lower inflation. Full Article
Euro zone risks "relapse into recession" without structural reforms - Draghi. Full Article
Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw” Full Article