Web Analytics Business News This Week High Foreign Direct Investment of India | Business News This Week

Apr 5, 2008

High Foreign Direct Investment of India

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India becomes favourite destination for investors. India has been achieving significant progress in attracting investments. The Foreign Direct Investment (FDI) equity flow in February stood at $5.17 billion. The total FDI equity capital flows stood at $73.64 billion between 1991 and February 2007. Indian economy growth rate and the excellence achievement of Information Technology sector of the nation, are enough reason to attract investments. Lets look the flip side of the economy, it's the inflation again that touches three years high records. The inflation touches 7 per cent, a big concern. The high inflation rate was declared by the government which shacked the stock markets on Friday. However, now the RBI has to take credit control measures to check it and there is also one reason to smile that is progress of FDI in India.


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