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.
Raghav Chadha is a young Indian politician and Chartered Accountant who has made a quick…
India is a country full of rich wildlife and natural beauty. It has hundreds of…
The hockey veteran Mr. Gurbax Singh Grewal was passed away at the age of 84…
Respectable Defense Minister of India Rajnath Singh is set to visit the Bishkek Kyrgyzstan to…
India's veteran player Virat Kohli has become the first batter in the IPL history to…
The US Department of Commerce has announced the preliminary anti-dumping duty on the solar cell…