According to the United Nations Conference on Trade and Development (UNCTAD), India jumped one position to 7th among the top recipients of foreign direct investment (FDI) in the last calendar year (2021) despite FDI inflows into the country declining. In its latest World Investment Report, UNCTAD said FDI inflows into India declined to $45 billion in 2021 from $64 billion in the preceding year. Outward FDI from India rose 43 percent to $15.5 billion in 2021.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
While the United States ($367 billion) remained the top recipient of FDI, China ($181 billion) and Hong Kong ($141 billion) also retained second and third position, respectively. Among the top 10 host economies for FDI, only India saw a decline in its FDI inflows.
On Saturday, December 21, 2024, several explosive-laden drones, believed to be part of Ukraine's ongoing…
Uttar Pradesh, one of India's most populous states, is known for its rich cultural and…
The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, convened ministers from 28…
India participated in the 24th BIMSTEC Senior Officials Meeting (SOM), hosted virtually by Thailand on…
India is set to host the 2025 Para Athletics World Championships, marking a historic moment…
Maharashtra is a state in western India known for its rich culture, history and natural…