News for 'ofdi'

Outward FDI nearly halves to $3.39 bn in April

Outward FDI nearly halves to $3.39 bn in April

Rediff.com10 May 2022

India's outward foreign direct investment (OFDI) nearly halved to $3.39 billion in April on an annual basis, as per data released by the RBI on Monday. The OFDI stood at $6.71 billion in April 2021. On sequential basis too, the outward investment from India in April was lower compared to $3.44 billion in March 2022.

Outward FDI: Has India Inc arrived or is leaving?

Outward FDI: Has India Inc arrived or is leaving?

Rediff.com19 Jul 2011

Is this a new "secession of the successful", coming a generation after the flight of professional middle class talent that created the so-called global Indian diaspora?