Though down for the financial year, foreign direct investment (FDI) inflows into India rose 67 percent in October to $1.94 billion. However, the total FDI inflows in the first seven months for the current fiscal year that began in April were down 42 per cent from a year earlier at $14.79 billion.
Meanwhile, foreign direct investment (FDI) inflows into India in the first half of 2012 declined by 42.8 per cent to $10.4 billion, according to the global investment trend monitor of the United Nations Conference on Trade and Development.
Global FDI inflows declined by 8 per cent in the first half as the world economy endured new setbacks between April and June. The contraction in inflows was mainly on account of a decline of $37 billion in inflows into the US and a $23 billion fall in inflows into BRIC countries (Brazil, Russia, India and China), the report said.
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