FDI FLOW SPURTS BY 56% IN OCT

The flow of foreign direct investments into the country saw a major increase in October, registering a 56 per cent jump to touch $2.3 billion in October against the same period last year, an official said.

In October 2008, the FDI stood at $1.5 billion. However, the consolidated inflow during the April-October period of this fiscal saw a decline of $1.1 billion to $17.6 billion from $18.7 billion in the year-ago period.

The Financial Express