FDI declines in September 2011

5 November 2011: Reflecting fragile recovery in the world's major economies, foreign direct investment into India dipped 16.5 per cent to $ 1.76 billion (approx Rs 8,624 crore) in September 2011.

In comparison, the country had attracted FDI worth $ 2.11 billion (approx RS 10,339 crore) in September 2011. While in August 2011 foreign investment inflows had increased over two-fold to USD 2.83 billion, year-on-year, in July they declined after a significant jump for two consecutive months -- May 2011 and June 2011 .

Source: Times of India