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FDI dips 5.1 per cent in April
1 June 2010: FDI in India dipped for the second month in a row in April to $2.21 billion, down 5.1 per cent over the year-ago period. FDI in April 2009 was $2.33 billion.
As per the quick estimates, the foreign fund inflows in the opening month of this fiscal were down by 5.1 per cent.
In March, the inflows had contracted by about 38 per cent to $1.2 billion. The inflows in the first three months of 2010 were $4.96 billion, down 20 per cent from $6.17 billion in the corresponding period last year.
Source: PTI