Post Leads  |
 
India Inc's FDI down over two times to $820 million in June
Commodity Online | July 11 2019
UPDATED 11:21:13 IST

Edible Oil industry body advises against import of Malaysian Palm Oil

USDA revises down India’s Sugar production forecast

Cotton prices may fall further on higher production, weak demand: report

Indonesia Palm Oil production up 14% in Jan-Aug

India Rice prices continue downtrend on subdued demand

India Inc's foreign direct investment in June fell by over two times from a year ago to USD 820.36 million, data from the Reserve Bank of India showed.

The outward foreign direct investment (OFDI) by the Indian firms stood at USD 2.29 billion in the year-ago same month, according to the RBI data on OFDI.

In May, the Indian firms had invested over USD 1.56 billion in their overseas ventures.

Of the total overseas direct investment during June, USD 340.28 million was in the form of equity infusion, USD 222.06 million was through loan and USD 258.02 million came in through issuance of guarantee.

Among the major investors included ONGC Videsh Ltd USD 61.74 million in its various joint ventures in Myanmar, Russia and Vietnam; Asian Paints USD 43.45 million in a wholly-owned unit in Singapore and Alok Infrastructure USD 24 million in a wholly-owned subsidiary in the British Virgin Islands.- PTI

 

Commodity Arrivals Rate
Mustard Oil 6.95 10300.00
Coconut Oil 1.5 18500.00
Arecanut 16 24000.00
Rubber 0.1 11700.00

More

×