India is negotiating bilateral investment treaties with foreign partners, including the UK, to sustain the growth of foreign direct investment (FDI) in the country. The FDI inflows in India during 2014-23 were $596 billion, twice the inflow during 2005-14. To encourage sustained foreign investment, India is focusing on ‘first develop India’ and ensuring equitable and predictable treatment for investors. The FDI inflow in India reached its highest ever annual level of $85 billion in FY22. In the current financial year, FDI worth $33 billion has been reported.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank