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India’s FDI up 56% in October
This article was posted on Dec 6, 2009 and is filed under Market News
In October 2009, FDI was at US$2.3bn. The flow of foreign direct investments (FDI) into the country saw a jump of 56% at US$2.3bn in October against the same period last year. In October 2008, FDI was at US$1.5bn.
During April-October 2009-10, FDI stood at US $17.6bn compared to US $18.7bn in the year-ago period.
This shows the Interest of Foreign Investors towards Indian Economy and Markets have shown a good growth over the past 1 year, rising 56%
In September, India’s FDI declined by 54% to US$1.16bn from US$2bn in the corresponding month last year.
Tags: daily stock calls, FDI, fiis, flow of foreign direct investments, hot stocks, India FDI, nse bse tips
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