Wed, 31 Oct 2012 08:13:00 GMT
FDI in India falls by 20% in August
Foreign direct investment in India fell by 20% to $2.26 billion in August from $2.83 a year earlier. During April-August period the FDI inflows slipped by 60% to $8.16 from $20.63 billion in the preceding year, according to the Department of Industrial Policy and Promotion. Fall in foreign investment increases pressure on India's balance of payments and could also have