SME Times is powered by   
Search News
Just in:   • Niryat Mitra, a well thought-out app  • Rupee hits record-low of 70.08 against USD  • Trump signs $717bn annual defence policy bill into law  • After retail inflation, WPI eases to 5.09 pc in July  • Apple delays 'Group FaceTime' feature for video calls 
Last updated: 14 Feb, 2017  

fdi-indiaTHMB.jpg India Inc's FDI drops by 57 pc in January

FDI.9.jpg
   Top Stories
» Rupee hits record-low of 70.08 against USD
» After retail inflation, WPI eases to 5.09 pc in July
» Tail winds turn into head winds for airlines: ASSOCHAM
» Data protection law for data-driven processes, innovation soon: Official
» Fintech cos can play key role in MSME financing: Survey
SME Times News Bureau | 14 Feb, 2017
The outward foreign direct investment (investment made into other countries) by India Inc dropped by 57.3 per cent in January 2017 to $1.82 billion as compared to $4.25 billion in the same month in 2016, the Reserve Bank of India (RBI) data showed on Monday.

The outward FDI also dropped as compared to $2.45 billion in December 2016.

In January this year, out of $1.82 billion, $246.37 million came from equity, $483.78 million from loans and $1.09 billion from guarantee issued.

Among the major investors were Bharat Petrosources, which made an investment of $721.42 million in Australia and Singapore in the agriculture and mining sectors.

Reliance Industries invested $40 million through its subsidiary Reliance Global Energy Services Singapore.

ONGC Videsh invested $52.59 million in Myanmar, Russia and Vietnam while Intas Pharmaceuticals invested $344.35 million in the UK.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 15 Aug, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(8)
» PMEGP to assist entrepreneurs financially: Dinesh Rai(1)
» Exports must be priority(1)
» Audi CEO to remain in German police custody(1)
» History of Lok Sabha elections(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter