NEW DELHI 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)
Trending On Reuters
India is considering setting up an independent panel to help state-owned banks negotiate settlements with big businesses on bad loans, in order to shield bankers from a populist backlash they say is hobbling efforts to clean up their balance sheets. Full Article