Advertisement

HindustanTimes Fri,31 Oct 2014

FDI increased 8% in June to USD 2.58 billion

PTI  New Delhi, August 19, 2009
First Published: 16:59 IST(19/8/2009) | Last Updated: 17:43 IST(19/8/2009)

India has attracted foreign direct investment worth USD 2.58 billion in June, an eight per cent increase over the same month last year, a senior official said on Wednesday.

Advertisement

"The FDI is rising. In June, it was eight per cent more (than the same month last year)," Secretary Department of Industrial Policy and Promotion Ajay Shankar told reporters in New Delhi.

In June 2008, the FDI inflow was USD 2.39 billion.

However, the total foreign investment inflows during April-June contracted by over 30 per cent to USD 7.02 billion over the same quarter of 2008-09. In the first quarter of the previous fiscal it was USD 10.07 billion.

The FDI inflow in May was USD 2.1 billion.


Advertisement
more from Business

Air India may face a major pilot shortage by 2015

National carrier Air India may face a major shortage of pilots next year. According to an internal analysis done by the airline, AI would need about 260 pilots by October 2015.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved