Webwww.citi.com WebApr 11, 2024 · And despite the current account deficit (CAD) being expected to improve to 1.4% of the gross domestic product in fiscal 2024, the slowdown in FDI inflows means the basic balance – the sum of CAD and FDI – is likely to be in deficit for almost three consecutive years, Citi said.. This will increase India’s reliance on more volatile foreign …
India’s foreign direct investment flows to see modest pick-up in …
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