This article is more than 6 month old.

FDI up 15% to $30 billion during April-September 2020, says government data

Mini

Inflow of FDI during April-September 2019-20 stood at $26 billion, as per the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

FDI up 15% to $30 billion during April-September 2020, says government data
Foreign direct investment (FDI) into India grew by 15 percent to $30 billion during the first half of the current fiscal, according to official data.
Inflow of FDI during April-September 2019-20 stood at $26 billion, as per the data of the Department for Promotion of Industry and Internal Trade (DPIIT). In July, the country had attracted $17.5 billion worth of foreign investments.
Sectors which attracted maximum foreign inflows during April-September 2020-21 included computer software and hardware ($17.55 billion), services ($2.25 billion), trading ($949 billion), chemicals ($437 million) and automobile ($417 million).
Singapore emerged as the largest source of FDI in India during the period with $8.3 billion investments. It was followed by the US ($7.12 billion), Cayman Islands ($2.1 billion), Mauritius ($2 billion), the Netherlands ($1.5 billion), UK ($1.35 billion), France ($1.13 billion) and Japan ($653 million).
Further, according to DPIIT, total FDI (including reinvested earnings) stood at about $40 billion. FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of the country. The government has carried out FDI reforms in various sectors, including contract manufacturing and coal mining.

Market Movers

CompanyPriceChange%Gain
Maruti Suzuki7,265.40 365.50 5.30
UPL802.50 30.30 3.92
Shree Cements29,239.05 1,013.70 3.59
Wipro556.55 14.40 2.66
SBI Life Insura1,007.00 25.45 2.59
CompanyPriceChange%Gain
Maruti Suzuki7,263.75 362.25 5.25
Larsen1,499.15 32.25 2.20
UltraTechCement6,856.50 75.25 1.11
TCS3,300.65 28.20 0.86
Titan Company1,756.80 13.90 0.80
CompanyPriceChange%Loss
Asian Paints3,010.80 -57.75 -1.88
Bajaj Finance6,016.80 -99.20 -1.62
Nestle17,436.55 -212.60 -1.20
HUL2,490.25 -24.10 -0.96
Kotak Mahindra1,757.10 -14.95 -0.84
CompanyPriceChange%Loss
Asian Paints3,010.85 -58.70 -1.91
Bajaj Finance6,017.40 -98.45 -1.61
Nestle17,451.20 -191.30 -1.08
HUL2,489.60 -26.50 -1.05
IndusInd Bank1,000.35 -7.45 -0.74

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.36500.26500.36
Euro-Rupee88.38000.06200.07
Pound-Rupee103.1920-0.0710-0.07
Rupee-100 Yen0.67320.00160.24