Press Trust of India | Updated On: May 04, 2014 11:44 (IST)
').appendTo($('#gta_top')); $('').appendTo($('#gta_top')); },3000); /* s += ''; s += ''; */ } else if (google_ads.length > 1) { s += ''; } s += ' 
New Delhi:
India's services sector received foreign direct investment (FDI) of $2.18 billion during April-February period of financial year 2013-14, down 54 per cent compared with figures of the corresponding period a year ago.
Services such as banking, insurance, outsourcing, R&D, courier and technology testing had received $4.74 billion of FDI during April-February 2013, according to data from the Department of Industrial Policy and Promotion (DIPP).
According to experts, foreign investors will move ahead with their decisions once a new government takes over after the ongoing Lok Sabha elections.
"Although the present government has taken steps to attract investments, more needs to be done by the new government," said Krishan Malhotra, an expert on FDI with corporate law firm Amarchand & Mangaldas.
Overall foreign inflows into the country declined to $20.76 billion during the first 11 months of 2013-14 from $20.89 billion in the corresponding period a year ago.
The services sector contributes over 60 per cent to India's gross domestic product. In 2012-13, foreign investment in services fell to $4.83 billion from $5.21 billion in 2011-12.
Other sectors where inflows have declined include construction, metallurgical industries and hotel and tourism.
Foreign investments are considered crucial for India, which needs about $1 trillion in the five years to 2017 to overhaul infrastructure such as ports, airports and highways to boost growth.
A drop in foreign investment could affect the country's balance of payments situation and the rupee.
RESULT
Press Trust of India | Updated On: March 16, 2014 17:54 (IST) India's FDI inflows up 12 per cent at $2 FDI in services sector drops 61% during
FDI in services sector drops 61% during April-January ...
in the services sector declined by about 61 per cent FDI in services sector drops 61 pc during sector in India stood at $3.4 billion during
FDI in services sector drops 61 pc during April-January ...
April 23, 2014 12:54 pm Home / Business / FDI in services sector drops 61 pc during April The services sector accounts for over 60 per cent to Indias GDP.
FDI in services sector drops 61 pc during April-January ...
in the services sector declined by about 61 per cent year FDI in services sector drops 61 pc during discussion on India's Foreign
November FDI inflows up 54.8 per cent to $1.64 billion ...
Foreign direct investment (FDI) inflows into India rose 54. 8 percent in November to $1. FDI in services sector drops 61% during April-January.
Right sentiments could push rupee to 55 level against ...
FDI in services sector drops 62 percent during Apr-Oct Within services, India Ratings sees lot of momentum FDI in services sector drops 62 percent during Apr
FDI rises 25 per cent to six-month high of $2.32 billion ...
Foreign direct investment (FDI) into India increased 25 per cent FDI rises 25 per cent to six-month high FDI in services sector drops 61% during
Fdi In Insurance: Latest News, Photos, Videos on Fdi In ...
The Insurance Bill that seeks to raise FDI in insurance sector to 49 per cent has been pending in FDI in services sector drops 62% during April India | Edited
Foreign Direct Investment Fdi: Latest News, Photos, Videos ...
India's FDI inflows up 12 per cent at $2 FDI in services sector drops 61% during April has proposed to allow 100 per cent Foreign Direct Investment
FDI dips about 25% in first 11 months of 2010-11 ...
India's Foreign Direct Investment (FDI) during April India's Foreign Direct Investment fresh investments particularly in services sector
