FDI: FDI rises 64% to 18-month high in October

FDI: FDI rises 64% to 18-month high in October

NEW DELHI: Foreign direct investment jumped 64% in October to $8.4 billion — the highest in 18 months — as the bleak global economic environment shows some signs of improvement amid moderating inflation and a pause in interest rate hikes by central banks.Latest data released by RBI showed that on a gross basis, inflows increased … Read more