FDI in April-May more than doubles to $18.3 billion

Gross FDI inflows more than doubled to $18.3 billion in April-May this year compared to $8.5 billion in the same period a year ago, according to RBI data. But nearly a third of the inflows are in the form of acquisition of shares rather than investment in new projects.

from Markets-Economic Times https://ift.tt/3zsh6Md