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.
National News India's Energy Storage Requirement Projected to Reach 888 GWh by 2035–36 India's energy…
Switzerland has announced that the Geneva AI Summit will be held on 21st and 22nd…
OpenAI is planning to extend the access of its advanced GPT-5.6 artificial intelligence model, it…
The Employees Provident Fund Organisation (EPFO) has launched its upgraded Centralised IT Enabled Services (CITES…
Jaipur made a remarkable global achievement, as the city became the only Indian city to…
The International Monetary Fund (IMF) has revised the India's growth projection for FY2026-27 (FY27) and…