The union cabinet decision to allow 51 percent FDI in multi-brand retail trade has been opposed by all opposition
India received foreign direct
investment of USD 3.26 billion in August, a robust growth of
40.51 percent over the same month last year, in spite of the
persisting global financial crisis.
India witnessed a turnaround in foreign direct investment in June with 8 percent increase in inflows in the midst of the global economic woes.
The government on Tuesday cleared 10 foreign direct investment (FDI) proposals which will bring in Rs 1,123 crore.
China received USD 5.36 billion in foreign direct investment (FDI) in July, down 35.7 percent year on year, said Ministry of Commerce spokesman Yao Jian on Monday.
India`s foreign direct investment
declined by over 43 percent to around USD 2.2 billion in May, 2009, compared to USD 3.9 billion in the same period
last year on account of global recession.
FDI in India dipped by about 47 per cent to USD 2.1 billion in May
due to the global recession and the trend is likely to continue for some more months, a senior government official
said on Monday.
Day in Pics: 30th August
August 30, 2014
Famous Ganesh Pandals in Mumbai