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 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