Delhi has been ranked third and Haryana fifth in getting Foreign Direct Investment (FDI) in the year 2021-22. Karnataka has been ranked first among the top five states in the country with 37.55 percent of the amount. Maharashtra was on second with 26.26 percent and Tamil Nadu fourth, which got 5.10 percent. Delhi received 13.93 percent and Haryana received 4.76 percent. Despite Corona and global challenges, India had achieved a total of $ 84.83 billion in FDI in 2021-22. In the last financial year, the country's manufacturing sector received a total FDI of $ 21.34 billion, the commerce ministry said. That's 76 percent more than the year before, at $12.09 billion.
$21.34 billion in manufacturing
Singapore has the highest FDI of 27.01 percent while 17.94 percent from the US. Mauritius is third with 15.98 percent and the Netherlands is fourth with 7.86 percent. Switzerland is in fifth place.
Demand for loans increased, and more interest would be available on deposits
The demand for credit is increasing rapidly in the country. It has reached a three-year high. It is expected to accelerate further with the improvement in economic activity. In such a situation, banks can increase interest rates on deposits for the need for money. Actually, due to the low interest getting on deposits, the banks are getting short of money. Bank of Baroda chief economist Madan Sabnavis says depositors are investing in stocks and mutual funds, where they are getting higher returns. Higher interest in NRIs... HDFC Bank has recently increased the interest on deposits of Non-Resident Indians (NRIs) to attract depositors. In the coming time, more banks may give more interest.
9.8 percent increase in deposits
The growth rate of bank deposits in the country is currently 9.8 percent, which is below 10 percent in 14 months. Whereas the growth rate of credit was 14.4 percent in the fortnight of July 1. It has grown nearly three times from a record low of 5.6 percent in 2021. Retail loans which include personal, housing, and auto loans are increasing rapidly. This is also the focus of banks.
60 crore fine in case of Religare
New Delhi. SEBI has imposed a 60 crore fine on 10 people including Malvinder Mohan and Shivinder Mohan Singh in the Religare Finvest embezzlement case of Rs 2,473 crore. The case is from 2014-15 to 2017-18. Singh brothers have been banned from trading in the stock market for 3 years or till the recovery of embezzled money.
Covid-19 in China: Many cities in China including Beijing in the grip of Corona, and record cases registered
Corona infection is gaining momentum in many cities of the country including Beijing, the capital of China. On Monday, record corona infection cases have been registered in many cities of the country.
Mamata to meet Sonia next week: Initiative to unite the scattered opposition; The issue of misuse of ED and investigative agencies will be discussed
Troubled by the crackdown in the presidential election and the action of the Enforcement Directorate (ED), the opposition is once again trying to unite. It will be initiated by West Bengal CM and TMC
Oommen Chandy: Former Kerala Chief Minister and Congress leader Oommen Chandy passed away, was ill for a long time
Former Kerala Chief Minister and senior Congress leader Oommen Chandy has passed away. Along with his family, Kerala Congress President K.K. Sudhakaran gave this information on Tuesday. He was 79
Haryana Political Crisis: What are the new equations in Haryana, who will gain and lose how much from the break of the alliance? Know here
There was political turmoil in Haryana just before the Lok Sabha elections. On Tuesday, the BJP broke the alliance with the Jannayak Janata Party (JJP). Along with this, they also changed their Chief
Death sentence to 5 people in Iran: These protesters were accused of killing a soldier, 11 including 3 children were jailed
Five anti-hijab protesters have been sentenced to death in Iran. According to the statement issued by the Judiciary Department, imprisonment has also been announced for 11 people. These include 3
IPL: Kolkata Knight Riders appointed Chandrakant Pandit as the new coach of the team, replacing Brendon McCullum
IPL franchise Kolkata Knight Riders (KKR) on Thursday appointed Chandrakant Pandit as its new head coach. Pandit, who has had a successful coaching career with several domestic teams, recently coached
Shashi Tharoor: What changes will Tharoor bring if he becomes Congress President? he answered it
Now only five days are left in the election for the post of Congress President. In this regard, both the candidates Shashi Tharoor and Mallikarjun Kharge have intensified their election campaigns.
IND vs ENG: The Indian team moves towards the next mission, 'Rohit Brigade' would like to confirm booking in the semi-finals by beating the British.
The Indian team, which was undefeated so far in the World Cup, got two days' rest after the match played against New Zealand in Dharamsala. The team players have now finished their vacation and moved
The second day of the G20 summit: PM Modi met French President Macron, also visited Bali's mangrove forest
On the second day of the G20 Summit, Prime Minister Modi met French President Emmanuel Macron. During this both, the leaders shook hands and hugged each other. Bilateral talks are taking place between
CRISIL claims: Fertilizer subsidy may increase by Rs 40,000 crore due to rise in gas prices
With the rise in natural gas prices, fertilizer subsidy could increase by Rs 40,000 crore to over Rs 2.55 lakh crore in the current fiscal. 2.15 lakh crore was estimated to be spent on fertilizer