GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

FDI up 17 Per Cent to $25.35 Billion During April-September This Fiscal

Bulk of the Foreign direct investment (FDI) came in from Singapore, Mauritius, the Netherlands and Japan.

PTI

Updated:November 24, 2017, 10:15 PM IST
facebookTwittergoogleskypewhatsapp
FDI up 17 Per Cent to $25.35 Billion During April-September This Fiscal
FDI equity during the current FY 201718 (up to September) surged by 17 per cent to USD 25.35 billion from USD 21.62 billion in the year-ago period.
Loading...
New Delhi: Foreign direct investment (FDI) in the country increased by 17 per cent to USD 25.35 billion during April-September this fiscal.

“FDI equity during the current FY 201718 (up to September) surged by 17 per cent to USD 25.35 billion from USD 21.62 billion in the year-ago period,” the DIPP said on its ‘Make in India’ Twitter handle.

The department of industrial policy and promotion (DIPP), under the commerce and industry ministry, deals with FDI related issues.

It said that the total FDI into India including equity inflows, reinvested earnings and other capital stood at USD 518.10 billion during April 2000 to September this year.

The main sectors which attract foreign inflows include services, telecom, trading, computer hardware and software and automobile. Bulk of the FDI came in from Singapore, Mauritius, the Netherlands and Japan.

Foreign investments are considered crucial for India, which needs around USD 1 trillion for overhauling its infrastructure sector such as ports, airports and highways to boost growth.

A strong inflow of foreign investments will help improve the country’s balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Kotak Mahindra 1,279.65 8.42
HCL Tech 961.95 -4.99
Sun Pharma 411.25 -2.12
Yes Bank 166.20 -1.34
Reliance 1,133.80 0.90
Company Price Change %Gain
Kotak Mahindra 1,282.25 8.53
Indiabulls Hsg 718.95 -1.80
Sun Pharma 411.30 -2.09
Yes Bank 166.10 -1.31
HCL Tech 961.55 -4.98
Top Gainers
Company Price Change %Gain
Kotak Mahindra 1,279.65 8.42
Bajaj Finserv 5,849.90 3.22
Adani Ports 373.45 2.61
Bajaj Auto 2,786.20 2.51
Bajaj Finance 2,486.35 2.22
Company Price Change %Gain
Kotak Mahindra 1,282.25 8.53
Adani Ports 373.75 2.71
Bajaj Auto 2,779.75 2.23
Infosys 681.05 1.92
Asian Paints 1,317.00 1.69
Top Losers
Company Price Change %Gain
HCL Tech 961.95 -4.99
GAIL 334.70 -4.10
Indiabulls Hsg 716.85 -2.25
Sun Pharma 411.25 -2.12
Coal India 236.75 -1.60
Company Price Change %Gain
Sun Pharma 411.30 -2.09
Coal India 236.80 -1.62
Yes Bank 166.10 -1.31
NTPC 137.85 -0.93
Tata Steel 507.90 -0.62

Live TV

Loading...