KhbarExpresswww.khabarexpress.com

Download Trial of Jewellery Accounting Software

Welcome Guest Sign In New user! Sign Up Now

Search any word's definition online at pelagiandictionary.com

Search Photo  
RSS Wednesday, February 15, 2012


FDI inflow up 13 percent in December
11 Feb 2010, 11-1 Hrs

New Delhi, Feb 11 Foreign Direct Investment (FDI) inflow for December was up 13 percent at $1.54 billion during December 2009 against $1.36 billion in the corresponding period a year ago, the government said Thursday.


Add comment          Mail          Print          Write to Editor


New Delhi, Feb 11 (IANS) Foreign Direct Investment (FDI) inflow for December was up 13 percent at $1.54 billion during December 2009 against $1.36 billion in the corresponding period a year ago, the government said Thursday.

The FDI equity inflow during April-December 2009 was $20.92 billion, while it was at $21.15 billion in the corresponding period in 2008.

'This is the third consecutive month that FDI inflows have posted a healthy year-on-year jump. In October, FDI grew by 56 percent to $2.3 billion, while in November it surged by 60 percent to $1.74 billion,' Commerce Minister Anand Sharma told reporters.

'Keeping in view this momentum, it is quite likely that the total inflows in the current financial year (2009-10) exceed the total inflows received during the last financial year (2008-09),' the minister added.

He said the increase was being seen at a time when the UNCTAD World Investment Report 2009 had noted a fall in global FDI inflows, from a historic high of $1.9 trillion in 2007 to $ 1.7 trillion in 2008, a decline of 14 percent.

The government also plans to come out with a single FDI document by March end.

'We would come out with a single FDI document by March end. This would simplify and liberalize the FDI process and make the entire process for FDI more investor friendly. The new format will subsume all 177 press notes,' the minister said.




Discuss this story on KhabarExpress Forum  


Pelagian Dictionary

inflow
percent
December


Comments to this News

Be the first to comment on this News


 
Post Your Comments to this News
 Posting Rules
 
  Name: Email:
 

Top Story of The Day
Latest Articles

Jain Calendar Launched at Terapanth Bhawan, Gangasahar



Movie Darling


Education Special

All right reserved by Khabarexpress.com
Contact Us | Archives | Sitemap | Can't see Hindi ? | News Ticker
Special Edition: Lakshchandi Mahayagya, Camel Festival 2007, Vartmaan Sahitya, Nagar Ek - Nazaare Anek, Bikaner Udyog Craft Mela
Our Network rajb2b.com | khabarexpress.com | uniqueidea.net | PelagianDictionary.com | hindinotes.com
Developed & Designed by Pelagian Softwares