The decrease is attributed to a global fall in inflows and a simultaneous rise in the repatriation of equity capital. Reserve Bank of India (RBI) data from its January 2024 bulletin revealed that FDI inflows were $21.39 billion, with outflows reaching $7.85 billion during the specified eight months in 2023.
In 2022, FDI inflows were recorded at $29.11 billion, while outflows amounted to $9.35 billion in the corresponding period. The data further indicates an increase in repatriation/disinvestment by entities with direct investments in India, rising from $19.87 billion in April-November 2022 to $25.58 billion in the first eight months of the fiscal year 2023-24.
According to the "State of Economy" report in RBI's monthly bulletin for January 2024, key sectors contributing to two-thirds of gross inward FDI equity flows include manufacturing, electricity, other energy sectors, transport, financial services, and retail and wholesale trade. The report highlights the resilience of India's FDI landscape despite the challenging global economic scenario.
The majority of equity inflows, accounting for 69.9%, originated from Mauritius, Singapore, Japan, the United States, and the Netherlands during the specified period.
Denne historien er fra January 24, 2024-utgaven av The Business Guardian.
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Denne historien er fra January 24, 2024-utgaven av The Business Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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POLLUTION IMPACT NOT RESTRICTED TO DELHI ALONE: SISODIA
Aam Aadmi Party (AAP) leader Manish Sisodia on Monday put the blame on the Bharatiya Janata Party (BJP)-led central government over rising pollution in North India.
AAP blames officials for negligence
Amid worsening air quality in the national capital, Delhi Environment Minister Gopal Rai said that the meeting of senior officers of departments concerned at 12 noon for implementation of GRAP IV was rescheduled for later on Monday.
CM ATISHI HITS OUT AT CENTRE AS POLLUTION SOARS IN NORTH INDIA
Atishi slams the Centre for failing to tackle stubble burning, a recurring issue for five years.
LG orders staggered office hours
In a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort.
Air purifier, mask sales up in Delhi-NCR
\"At this level, wearing an N95 mask is not an option but a necessity. Even healthy individuals can fall victim to health complications\"
Govt to act on 'odd-even' scheme based on expert advice
The scheme operates from 8 am to 8 pm, restricting vehicular movement based on this alternating pattern.
SC seeks explanation from Registry why counter affidavit tiled by non-party was accepted
The Supreme Court in the case Harmanpreet Singh v. State of Punjab observed and has sought an explanation from the Registrar (Judicial) how a party i.e., the complainant in the said case was able to file a counter-affidavit when its application filed seeking impleadment was not allowed by the Court.
SC Collegium recommends appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court
The Supreme Court Collegium bench led by CJI Sanjiv Khanna has on November 18, recommended the appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court.
Supreme Court dismisses plea for enquiry into Netaji Subhash Chandra Bose's death
The Supreme Court in the case observed and has dismissed the petition filed seeking inquiry into the death of Netaji Subhash Chandra Bose.
Delhi High Court directs RSY News to take down original videos of ANI in copyright infringement suit
The Delhi High Court in the case ANI v. RSY News & Anr. observed and has directed RSY News to remove or take down from its YouTube channel the original and copyrighted videos of Asian News International, ANI in the copyright infringement suit filed by the news agency.
