Don’t miss the latest developments in business and finance.

June FDI inflows up 16 percent y/y - government

Image
Reuters NEW DELHI
Last Updated : Aug 21 2013 | 6:57 PM IST

NEW DELHI (Reuters) - Foreign direct investment inflows into India rose an annual 16 percent in June to $1.44 billion, a government statement said on Wednesday, the lowest monthly inflow so far in 2013.

For the three months to June, FDI inflows were up 22 percent from a year earlier to $5.4 billion, the Ministry of Commerce and Industry said in the statement.

FDI inflows had declined to $22.42 billion in the fiscal year ended March 2013, from $35.12 billion in the previous year.

(Reporting by Manoj Kumar; Editing by Devidutta Tripathy)

Also Read

First Published: Aug 21 2013 | 6:39 PM IST

Next Story