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    Sonal Shridhar Shinde in News

    24-Nov-2022 05:35 AM


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    FDI (Foreign Investment) Equity Inflows Fall 14% During April-September

    Foreign Direct Investment (FDI) equity inflows into India contracted by 14 percent to $26.9 billion during the April-September this fiscal, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).
    The inflows had stood at $31.15 billion during the corresponding period of the previous year.
    During the first half of this fiscal, Singapore emerged as the top investor with a $10 billion FDI.
    It was followed by Mauritius ($3.32 billion), UAE ($2.95 billion), USA ($2.6 billion), the Netherlands ($1.76 billion), and Japan ($1.18 billion), the data showed.
    The computer software and hardware sector attracted the highest inflows of $6.3 billion during the six-month period of this fiscal.
    Source: NDTV
    #FDI