FDI shrinks 7.8% in second quarter of FY24

Foreign direct investment (FDI) equity inflows in India declined 7.7% to $9.5 billion in the July-September quarter of FY24, down from $10.3 billion a year ago. The total FDI inflows declined 7.8% to $15.3 billion in the second quarter of this fiscal year. Singapore and Mauritius were the top sources of FDI.

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