Foreign direct investment (FDI) in India dipped by 5.6% year-on-year to $10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, government data said on Monday. FDI inflows during October-December 2023-24 stood at $11.55 billion.
Mr Mitra, while opposing the Union Budget alleged that the Union government has announced 100 per cent FDI (foreign direct investment) in insurance sector but simultaneously it has not stopped collecting 18 per cent GST.
The Union Budget 2025-26 aims to initiate transformative reforms across six domains which will augment the country's growth potential and global competitiveness during the next five years, Union Finance Minister Nirmala Sitharaman said today while presenting the Union Budget 2025-26 in Parliament.
The Finance Ministry's Department of Economic Affairs (DEA), spearheaded successful initiatives to enhance India's economic resilience and global integration in 2024, according to a year-ender review released on Wednesday.
“This landmark achievement was bolstered by a nearly 26 per cent rise in FDI to $42.1 billion during the first half of the current fiscal year,” the review stated.
In comparison, for the year 2022, FDI in India stood at USD 29.11 billion, with FDI by India reaching USD 9.35 billion during the same April-November period.
The net Foreign Direct Investment (FDI) flowing into India reached a 21-month high in October reflecting the strengthening fundamentals of the economy, according to data compiled by the RBI.
PM Modi was speaking after inaugurating the second edition of the mega food event ‘World Food India 2023’ at Bharat Mandapam here.
Recent data showing a 34 per cent drop in FDI equity inflows to India during the June quarter compared to…
Media reports over the past week have quoted Karnataka’s Deputy Chief Minister DK Shivakumar as having said he lacks funds to pursue development projects after the state government fulfilled the Congress party’s five poll promises which are thought to have been instrumental in helping it to a famous victory in the Assembly election.
