Govt organizes North East Trade and Investment road show in Mumbai
The Ministry of Development of North Eastern Region (MDoNER) on Tuesday hosted the North East Trade and Investment road show in Mumbai for attracting potential investors.
Foreign portfolio investors (FPI) have so far made a total net investment of Rs 7,575 crore in India so far in September, as per NSDL data.
The net investment in the equities segment stood at Rs 4,385 crore, while that in the debt segment stood at Rs 3,220 crore, including those debt investments made through VRR.
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However, hybrid securities, consisting of the investments in REITs and InvITs, have witnessed a net outflow of Rs 30 crore.
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The total net investment last year stood at Rs 16,556 crore.
The inflow of FPIs continues amid a recovery in the economy and improving macroeconomic numbers.
This week, both the key Indian equity indices scaled new highs. The BSE Sensex, on Tuesday touched a record intra-day high of 58,553.07 points and the Nifty50 on the National Stock Exchange hit its all-time high of 17,436.50 points.
In its Monthly Economic Review for August 2021, the Department of Economic Affairs of the Finance Ministry on Thursday also noted that global investors are optimistic and upbeat about the Indian economy and are coming in with more investments.
“Buoyed by improvement in economic indicators post ebbing of the second wave, global investors remain upbeat about India’s growth story contributing further to FDI and FPI inflows,” it said.
The ministry noted that India’s foreign exchange reserves surged to a record high of $633.56 billion as on August 27, 2021, as per the report.
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