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Showing posts from December 4, 2011

FDI is being put on hold

Finance Minister Pranab Mukherjee speaks to Sushma Swaraj on Parliament session and the controversial issue of FDI in retail. BJP reaches out to the opposition and says Government must roll back on FDI in retail. Mukherjee tells opposition leaders that FDI in retail is being put on hold and appeals to Sushma to allow normal functioning of Parliament. Sushma Swaraj says that opposition wants a clear statement from Govt on FDI

Foreign direct investment in India 2011

Foreign direct investment (FDI) or foreign investment refers to the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, other long-term capital, and short-term capital as shown in the balance of payments. It usually involves participation in management, joint-venture, transfer of technology and expertise. There are two types of FDI: inward foreign direct investment and outward foreign direct investment, resulting in a net FDI inflow (positive or negative) and "stock of foreign direct investment", which is the cumulative number for a given period. Direct investment excludes investment through purchase of shares.