Exhibiting the impact of the worldwide slowdown, India’s outward International Direct Funding (FDI) nosedived to $11.12 billion in January-June (H12023) from $23.57 billion in the identical interval of Calendar 2022, in line with Reserve Financial institution of India (RBI) information.
The outward FDI expressed as complete monetary dedication has three elements – fairness, mortgage and ensures.
The sharp contraction within the commitments (outward FDI) was outstanding within the April-June 2023 interval. They declined from $2.52 billion in April 2023 ($4.03 billion in April 2022) to $1.29 billion in Might 23 (at $4.04 billion in Might 22) a
First Revealed: Jul 16 2023 | 3:13 PM IST
