India foreign investors News
Besides, India's GDP growth slowed to 5.7 per cent in the first quarter of 2017-18 amid concerns over disruption in business activity due to issues in GST implementation.
India will attract the highest-ever inflow of foreign direct investment (FDI) in the current fiscal on the back of a slew of policy reforms announced by the new government, a senior DIPP official has said.
The government on Friday said it has not taken any decision on permitting Foreign Direct Investment in multi-brand retail trading.
In May 2013, the country had received FDI worth USD 1.63 billion.
The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore.
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