Services, telecom, housing, construction activities, real estate, electrical equipment and computer software and hardware continued to attract increased Foreign Direct Investment into India. According to India’s Reserve Bank, which is an arm of the government, FDI inflows during April-June 2008 crossed US$ 10.07 billion, 11 percent higher than the same period last year.
For the fiscal year ending March 2009, FDI may cross $40 billion at this rate
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Most of the top 10 pharmaceutical companies and many large
The steep deterioration in economic outlook measures has been unusually