Economy - Page 133

The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out of which FDI equity inflows were $23.44 billion. “This takes the FDI equity

Even though India’s economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, the country for the very first time since Independence entered into a technical recession. The National Statistical

Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday. Addressing the 4th Annual Day of Foreign Exchange Dealers’

The Reserve Bank should let rupee appreciate to reduce imported inflation, a SBI Ecowrap report said on Wednesday. According to the report, the US dollar is expected to remain weak due to

Restocking activity ahead of the festive season to satisfy pent-up demand had exaggerated the pace of improvement recorded by many lead economic indicators in October 2020, said ratings agency ICRA. According to