Foreign investment into India tumbles even as economy booms
Friday, 12 January 2024 Despite India's rapid growth and increasing share in global trade, foreign direct investment (FDI) into the country has slumped in the past year. Net FDI in the year through September fell to $13 billion, down from $38 billion a year earlier. This decline in FDI is in line with the trend seen in official balance of payments data. The slump in FDI was confounding, given the economyβs rapid growth and increasing share in global trade.
Global Economy on Track for , Worst 5 Years of Growth , in 3 Decades.
The World Bank recently warned that
the global economy is headed toward its
worst half decade of growth in over 30 years.
CNBC reports that global growth
has been forecast to slow for the
third consecutive year in 2024....
Friday, 12 January 2024
