Business Blog: FDI inflows fall 34% to $11 billion in June quarter as MNCs go slow

Sunday, August 27, 2023

FDI inflows fall 34% to $11 billion in June quarter as MNCs go slow

Foreign direct investment (FDI) equity inflows dropped 34% to $10.9 billion during the June quarter from the year-ago period, government data showed. Amid an aggressive investment pitch by India, government officials said companies are holding back on fresh funding due to the slowdown in Europe and the US, which have been aggravated by geopolitical tensions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DCUWPpX
via IFTTT
at
Labels: , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

India extends coal import mandate for power to avoid blackouts

India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...