Remittances have lengthy performed a quiet however essential function in India’s exterior sector stability, however when it comes to coverage consideration, they’ve typically been overshadowed by indicators reminiscent of overseas direct funding (FDI) and commerce flows. But the newest knowledge from the Reserve Financial institution of India (RBI)’s Sixth Spherical of India’s Remittances Survey, launched…
New Delhi: India’s FDI inflows elevated to $81.04 billion in FY 2024-25, marking a 14 per cent enhance from $71.28 billion in FY 2023–24, in response to an announcement issued by the Ministry of Commerce and Trade on Tuesday. There was a gradual rise within the annual circulate of FDI into the nation during the…
He mentioned that even in 2024, regardless of world headwinds, the FDI throughout January–September surged 42 per cent YoY (year-on-year) to USD 42.13 billion and H1 FY25 alone noticed a 26 per cent improve. “The ‘dip’ Mr Ramesh refers to is a world phenomenon, not a failure of India’s fundamentals,” Malviya claimed, including that India’s…
New Delhi: India’s international direct funding (FDI) into Dubai surged to $3.018 billion in 2024 — a 5 instances leap from $589 million in 2023, making the nation the highest investor in Dubai, a report confirmed on Tuesday. India, the US, France and the UK had been prime supply nations for FDI into the emirate….
New Delhi: Abroad FDI investments by Indian corporations shot up by a sturdy 17 per cent to $37.7 billion within the calendar 12 months 2024 from $32.29 billion within the earlier 12 months, reflecting the rising energy of the nation’s company sector in taking on overseas ventures. Outbound overseas direct funding (OFDI) fairness investments, loans…
&w=600&resize=600,400&ssl=1 "The night time Manmohan Singh turned a politician")
The world is remembering Manmohan Singh, the previous prime minister of India, who breathed his final on Thursday, December 26. Nevertheless, not many know the way he made his debut in politics and the way a late night time cellphone name ascended his political journey and likewise turned a turning level for India and its…
