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A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities ...
Indian diaspora. Overseas Indians ( ISO: Pravāsī Bhāratīya ), officially Non-Resident Indians ( NRIs) and People of Indian Origin ( PIOs) are Indians who reside or originate outside of India. [ 30][ 31] According to the Government of India, Non-Resident Indians are citizens of India who currently are not living in India, while the term ...
The Public Provident Fund ( PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [ 1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
After a blockbuster year for venture capital funding in 2021, the flow of capital to Indian startups seemed like it would buck global trends in early 2022, but dried up in the second half of 2022 ...
India's total foreign exchange (forex) reserves stand at around US$ 598.89 billion on 08 sep 2023, with the foreign currency assets (FCA) component at around US$530.691 billion, gold reserves at around US$44.939 billion, special drawing rights (SDRs) with the International Monetary Fund (IMF) of around US$18.195 billion and around US$5.073 ...
The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore (US$131.98 billion) in 2020–2021. [ 2] Per-capita GSP of Kerala during the same period is ₹257,711 (US$3,100), the sixth largest in India. [ 1] In 2019–20, the tertiary sector contributed around 63% of the state's GSVA ...
Life Insurance Corporation of India (LIC) is an Indian multinational Central Public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [ 3 ]
Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [ 1][ 2] Remittances to India stood at US$110 billion in 2022 ...